First Personal Financial Services decreased its stake in Anheuser-Busch Inbev SA (NYSE:BUD) by 0.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 949 shares of the consumer goods maker’s stock after selling 5 shares during the period. First Personal Financial Services’ holdings in Anheuser-Busch Inbev SA were worth $105,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in BUD. Morgan Stanley increased its position in shares of Anheuser-Busch Inbev SA by 51.0% in the first quarter. Morgan Stanley now owns 3,892,315 shares of the consumer goods maker’s stock valued at $427,221,000 after buying an additional 1,315,414 shares during the period. Laurion Capital Management LP increased its position in shares of Anheuser-Busch Inbev SA by 504.6% in the first quarter. Laurion Capital Management LP now owns 700,702 shares of the consumer goods maker’s stock valued at $76,909,000 after buying an additional 584,802 shares during the period. Clearbridge Investments LLC increased its position in shares of Anheuser-Busch Inbev SA by 11.3% in the first quarter. Clearbridge Investments LLC now owns 4,938,501 shares of the consumer goods maker’s stock valued at $542,050,000 after buying an additional 502,195 shares during the period. BNP Paribas Arbitrage SA increased its position in shares of Anheuser-Busch Inbev SA by 1,563.2% in the first quarter. BNP Paribas Arbitrage SA now owns 297,341 shares of the consumer goods maker’s stock valued at $32,636,000 after buying an additional 279,463 shares during the period. Finally, Haverford Trust Co. increased its position in shares of Anheuser-Busch Inbev SA by 47.9% in the first quarter. Haverford Trust Co. now owns 837,557 shares of the consumer goods maker’s stock valued at $91,930,000 after buying an additional 271,231 shares during the period. Institutional investors own 5.29% of the company’s stock.

Shares of Anheuser-Busch Inbev SA (BUD) opened at 116.30 on Monday. Anheuser-Busch Inbev SA has a 12-month low of $98.28 and a 12-month high of $136.08. The firm has a market capitalization of $224.89 billion, a P/E ratio of 57.98 and a beta of 1.07. The company has a 50-day moving average price of $115.63 and a 200-day moving average price of $112.94.

Anheuser-Busch Inbev SA (NYSE:BUD) last issued its earnings results on Thursday, July 27th. The consumer goods maker reported $0.95 EPS for the quarter, missing analysts’ consensus estimates of $1.14 by $0.19. The business had revenue of $14.18 billion during the quarter, compared to analysts’ expectations of $14.15 billion. Anheuser-Busch Inbev SA had a return on equity of 13.61% and a net margin of 7.37%. Anheuser-Busch Inbev SA’s revenue for the quarter was up 31.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.06 EPS. Equities analysts predict that Anheuser-Busch Inbev SA will post $4.16 EPS for the current year.

ILLEGAL ACTIVITY WARNING: This piece was first reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this piece on another website, it was copied illegally and reposted in violation of US and international copyright and trademark laws. The legal version of this piece can be read at https://www.thecerbatgem.com/2017/08/21/anheuser-busch-inbev-sa-bud-shares-sold-by-first-personal-financial-services.html.

Several research analysts have recently issued reports on BUD shares. Zacks Investment Research upgraded shares of Anheuser-Busch Inbev SA from a “hold” rating to a “buy” rating and set a $128.00 price target for the company in a report on Wednesday, July 19th. Susquehanna Bancshares Inc reiterated a “neutral” rating and set a $101.00 price target (down from $109.00) on shares of Anheuser-Busch Inbev SA in a report on Wednesday, April 26th. Vetr downgraded shares of Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating and set a $104.70 price target for the company. in a report on Monday, May 1st. Jefferies Group LLC reiterated a “buy” rating and set a $132.00 price target on shares of Anheuser-Busch Inbev SA in a report on Monday, May 15th. Finally, BidaskClub downgraded shares of Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating in a report on Wednesday, June 14th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and twelve have given a buy rating to the company’s stock. Anheuser-Busch Inbev SA currently has a consensus rating of “Hold” and an average price target of $128.10.

Anheuser-Busch Inbev SA Company Profile

Anheuser Busch Inbev NV (AB InBev) is a Belgium-based company engaged in the brewers industry. The Company owns a portfolio of over 200 beer brands. The Company’s brand portfolio includes global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck’s, Leffe and Hoegaarden, and local champions, such as Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass and Jupiler.

Want to see what other hedge funds are holding BUD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Anheuser-Busch Inbev SA (NYSE:BUD).

Institutional Ownership by Quarter for Anheuser-Busch Inbev SA (NYSE:BUD)

Receive News & Stock Ratings for Anheuser-Busch Inbev SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anheuser-Busch Inbev SA and related stocks with our FREE daily email newsletter.