Clarkston Capital Partners LLC Cuts Stock Position in Anheuser-Busch InBev SA/NV $BUD

Clarkston Capital Partners LLC lessened its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 1.0% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 1,025,010 shares of the consumer goods maker’s stock after selling 10,352 shares during the period. Anheuser-Busch InBev SA/NV accounts for approximately 1.5% of Clarkston Capital Partners LLC’s holdings, making the stock its 23rd biggest position. Clarkston Capital Partners LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $65,642,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Bogart Wealth LLC increased its stake in Anheuser-Busch InBev SA/NV by 3,800.0% in the 4th quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock worth $25,000 after buying an additional 380 shares in the last quarter. Leonteq Securities AG purchased a new position in shares of Anheuser-Busch InBev SA/NV during the fourth quarter valued at about $48,000. Paradigm Asset Management Co. LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV during the third quarter valued at about $53,000. Fifth Third Bancorp grew its position in shares of Anheuser-Busch InBev SA/NV by 251.6% during the fourth quarter. Fifth Third Bancorp now owns 865 shares of the consumer goods maker’s stock valued at $55,000 after purchasing an additional 619 shares in the last quarter. Finally, Elyxium Wealth LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV during the fourth quarter valued at about $64,000. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Up 0.8%

Shares of NYSE:BUD opened at $82.91 on Friday. The company has a current ratio of 0.72, a quick ratio of 0.57 and a debt-to-equity ratio of 0.74. Anheuser-Busch InBev SA/NV has a 12 month low of $56.97 and a 12 month high of $84.46. The company has a 50-day moving average price of $78.05 and a 200 day moving average price of $72.41. The company has a market cap of $161.71 billion, a price-to-earnings ratio of 22.65, a PEG ratio of 1.33 and a beta of 0.59.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 EPS for the quarter. Anheuser-Busch InBev SA/NV had a net margin of 11.90% and a return on equity of 16.34%. The firm had revenue of $15.27 billion during the quarter. As a group, equities research analysts predict that Anheuser-Busch InBev SA/NV will post 4.32 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Weiss Ratings restated a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Monday, June 1st. Deutsche Bank Aktiengesellschaft restated a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, May 6th. JPMorgan Chase & Co. raised their price objective on Anheuser-Busch InBev SA/NV from $84.00 to $93.83 and gave the company an “overweight” rating in a research report on Thursday, May 7th. DZ Bank restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, May 21st. Finally, Royal Bank Of Canada restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 5th. Eleven equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $93.42.

Anheuser-Busch InBev SA/NV Profile

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.