Neuberger Berman Group LLC trimmed its stake in shares of Anheuser-Busch Inbev SA (NYSE:BUD) by 39.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 137,158 shares of the consumer goods maker’s stock after selling 88,118 shares during the period. Neuberger Berman Group LLC’s holdings in Anheuser-Busch Inbev SA were worth $15,137,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Ironwood Investment Management LLC lifted its holdings in Anheuser-Busch Inbev SA by 0.7% during the second quarter. Ironwood Investment Management LLC now owns 3,322 shares of the consumer goods maker’s stock valued at $367,000 after purchasing an additional 23 shares in the last quarter. Sky Investment Group LLC lifted its holdings in Anheuser-Busch Inbev SA by 0.5% during the second quarter. Sky Investment Group LLC now owns 6,203 shares of the consumer goods maker’s stock valued at $685,000 after purchasing an additional 30 shares in the last quarter. Parallel Advisors LLC lifted its holdings in Anheuser-Busch Inbev SA by 2.0% during the first quarter. Parallel Advisors LLC now owns 1,761 shares of the consumer goods maker’s stock valued at $199,000 after purchasing an additional 34 shares in the last quarter. Jacobus Wealth Management Inc. lifted its holdings in Anheuser-Busch Inbev SA by 4.2% during the first quarter. Jacobus Wealth Management Inc. now owns 1,042 shares of the consumer goods maker’s stock valued at $114,000 after purchasing an additional 42 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. lifted its holdings in Anheuser-Busch Inbev SA by 1.5% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 3,024 shares of the consumer goods maker’s stock valued at $334,000 after purchasing an additional 45 shares in the last quarter. 5.50% of the stock is currently owned by institutional investors and hedge funds.

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Shares of Anheuser-Busch Inbev SA (BUD) opened at 121.49 on Friday. The firm has a market capitalization of $234.93 billion, a PE ratio of 60.56 and a beta of 1.07. Anheuser-Busch Inbev SA has a 52-week low of $98.28 and a 52-week high of $136.08. The company’s 50-day moving average is $117.83 and its 200 day moving average is $114.10.

Anheuser-Busch Inbev SA (NYSE:BUD) last released its earnings results on Thursday, July 27th. The consumer goods maker reported $0.95 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.14 by $0.19. The firm had revenue of $14.18 billion during the quarter, compared to analysts’ expectations of $14.15 billion. Anheuser-Busch Inbev SA had a net margin of 7.37% and a return on equity of 13.61%. Anheuser-Busch Inbev SA’s revenue for the quarter was up 31.2% on a year-over-year basis. During the same quarter last year, the company posted $1.06 earnings per share. Equities analysts expect that Anheuser-Busch Inbev SA will post $4.14 earnings per share for the current fiscal year.

A number of equities research analysts have recently commented on the stock. Jefferies Group LLC reiterated a “buy” rating and issued a $132.00 target price on shares of Anheuser-Busch Inbev SA in a research report on Wednesday, June 28th. Argus assumed coverage on shares of Anheuser-Busch Inbev SA in a research report on Friday. They issued a “buy” rating and a $136.00 target price for the company. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating on shares of Anheuser-Busch Inbev SA in a research report on Monday, July 10th. BidaskClub cut shares of Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating in a research report on Wednesday, June 14th. Finally, Susquehanna Bancshares Inc reiterated a “neutral” rating and issued a $125.00 target price (up from $111.00) on shares of Anheuser-Busch Inbev SA in a research report on Tuesday, August 1st. Three research analysts have rated the stock with a sell rating, six have given a hold rating and eleven have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $126.81.

About Anheuser-Busch Inbev SA

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.

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

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