Anheuser-Busch InBev SA/NV (NYSE:BUD) Stock Holdings Lessened by Welch & Forbes LLC

Welch & Forbes LLC trimmed its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 30.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,377 shares of the consumer goods maker’s stock after selling 1,898 shares during the quarter. Welch & Forbes LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $246,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of BUD. Private Capital Group LLC raised its position in Anheuser-Busch InBev SA/NV by 14.5% during the third quarter. Private Capital Group LLC now owns 1,861 shares of the consumer goods maker’s stock valued at $105,000 after acquiring an additional 236 shares in the last quarter. First PREMIER Bank raised its position in Anheuser-Busch InBev SA/NV by 58.4% during the third quarter. First PREMIER Bank now owns 2,265 shares of the consumer goods maker’s stock valued at $128,000 after acquiring an additional 835 shares in the last quarter. Lawson Kroeker Investment Management Inc. NE raised its position in Anheuser-Busch InBev SA/NV by 0.4% during the third quarter. Lawson Kroeker Investment Management Inc. NE now owns 86,327 shares of the consumer goods maker’s stock valued at $4,867,000 after acquiring an additional 370 shares in the last quarter. Thomasville National Bank raised its position in Anheuser-Busch InBev SA/NV by 11.0% during the third quarter. Thomasville National Bank now owns 187,925 shares of the consumer goods maker’s stock valued at $10,595,000 after acquiring an additional 18,655 shares in the last quarter. Finally, Virtu Financial LLC raised its position in Anheuser-Busch InBev SA/NV by 37.1% during the second quarter. Virtu Financial LLC now owns 7,069 shares of the consumer goods maker’s stock valued at $509,000 after acquiring an additional 1,913 shares in the last quarter.

BUD opened at $58.70 on Thursday. Anheuser-Busch InBev SA/NV has a fifty-two week low of $54.08 and a fifty-two week high of $79.67. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.65 and a quick ratio of 0.47. The firm’s fifty day moving average price is $57.93 and its two-hundred day moving average price is $65.00. The company has a market capitalization of $116.23 billion, a P/E ratio of 23.67, a P/E/G ratio of 2.14 and a beta of 1.53.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings results on Wednesday, October 27th. The consumer goods maker reported $0.85 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.57 by $0.28. Anheuser-Busch InBev SA/NV had a net margin of 9.41% and a return on equity of 15.40%. The firm had revenue of $14.27 billion for the quarter, compared to the consensus estimate of $13.64 billion. During the same quarter in the previous year, the company earned $0.79 earnings per share. The business’s revenue was up 11.4% compared to the same quarter last year. On average, equities research analysts expect that Anheuser-Busch InBev SA/NV will post 2.8 EPS for the current fiscal year.

Several brokerages recently weighed in on BUD. UBS Group reaffirmed a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, October 7th. Credit Suisse Group reissued a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, October 6th. Royal Bank of Canada reissued an “outperform” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, October 29th. Barclays reissued an “overweight” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, October 29th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, October 29th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $73.61.

Anheuser-Busch InBev SA/NV Profile

Anheuser-Busch InBev SA/NV operates as a holding company, which engages in the manufacture and distribution of alcoholic and non-alcoholic beverages. It operates through the following geographical segments: North America, Middle Americas, South America, EMEA, Asia Pacific, and Global Export and Holding Companies.

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Institutional Ownership by Quarter for Anheuser-Busch InBev SA/NV (NYSE:BUD)

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