Clarkston Capital Partners LLC Sells 10,352 Shares of Anheuser-Busch InBev SA/NV $BUD

Clarkston Capital Partners LLC trimmed its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 1.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,025,010 shares of the consumer goods maker’s stock after selling 10,352 shares during the quarter. Anheuser-Busch InBev SA/NV accounts for approximately 1.5% of Clarkston Capital Partners LLC’s holdings, making the stock its 23rd largest position. Clarkston Capital Partners LLC owned approximately 0.05% of Anheuser-Busch InBev SA/NV worth $65,642,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in Anheuser-Busch InBev SA/NV in the 4th quarter worth $159,000. Federation des caisses Desjardins du Quebec raised its holdings in Anheuser-Busch InBev SA/NV by 28.3% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 5,644 shares of the consumer goods maker’s stock worth $361,000 after purchasing an additional 1,244 shares during the period. DRW Securities LLC bought a new position in Anheuser-Busch InBev SA/NV in the 4th quarter worth $322,000. Brooklyn Investment Group raised its holdings in Anheuser-Busch InBev SA/NV by 133.2% in the 4th quarter. Brooklyn Investment Group now owns 59,117 shares of the consumer goods maker’s stock worth $3,802,000 after purchasing an additional 33,770 shares during the period. Finally, Orion Porfolio Solutions LLC raised its holdings in Anheuser-Busch InBev SA/NV by 35.2% in the 4th quarter. Orion Porfolio Solutions LLC now owns 39,655 shares of the consumer goods maker’s stock worth $2,540,000 after purchasing an additional 10,321 shares during the period. 5.53% of the stock is owned by institutional investors.

Anheuser-Busch InBev SA/NV Trading Up 0.8%

Shares of BUD stock opened at $82.91 on Friday. Anheuser-Busch InBev SA/NV has a 52-week low of $56.97 and a 52-week high of $84.46. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.57 and a current ratio of 0.72. The firm has a market capitalization of $161.71 billion, a PE ratio of 22.65, a PEG ratio of 1.33 and a beta of 0.59. The stock has a fifty day simple moving average of $78.05 and a two-hundred day simple moving average of $72.41.

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

Analyst Ratings Changes

A number of brokerages recently commented on BUD. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, May 7th. DZ Bank reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, May 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, May 6th. JPMorgan Chase & Co. raised their target price on Anheuser-Busch InBev SA/NV from $84.00 to $93.83 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, May 5th. Eleven research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price 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.