Pecaut & CO. reduced its position in Anheuser Busch Inbev NV (NYSE:BUD) by 0.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 16,850 shares of the consumer goods maker’s stock after selling 150 shares during the period. Anheuser Busch Inbev NV makes up about 1.5% of Pecaut & CO.’s portfolio, making the stock its 22nd largest position. Pecaut & CO.’s holdings in Anheuser Busch Inbev NV were worth $1,860,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in BUD. Morgan Stanley increased its stake in shares of Anheuser Busch Inbev NV by 51.0% in the first quarter. Morgan Stanley now owns 3,892,315 shares of the consumer goods maker’s stock worth $427,221,000 after buying an additional 1,315,414 shares during the last quarter. Laurion Capital Management LP increased its position in Anheuser Busch Inbev NV 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 Anheuser Busch Inbev NV 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 Anheuser Busch Inbev NV 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 Anheuser Busch Inbev NV 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.

Anheuser Busch Inbev NV (BUD) opened at 114.45 on Monday. The firm has a 50-day moving average price of $116.15 and a 200-day moving average price of $110.29. The stock has a market cap of $221.31 billion and a price-to-earnings ratio of 83.60. Anheuser Busch Inbev NV has a 12 month low of $98.28 and a 12 month high of $136.08. Anheuser Busch Inbev NV also was the recipient of unusually large options trading on Friday. Investors purchased 7,091 put options on the stock. This represents an increase of 645% compared to the typical volume of 952 put options.

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Several research analysts have commented on the stock. Jefferies Group LLC reissued a “buy” rating and set a $132.00 price target on shares of Anheuser Busch Inbev NV in a research note on Monday, May 15th. Susquehanna Bancshares Inc reissued a “hold” rating and set a $103.00 price target (up from $101.00) on shares of Anheuser Busch Inbev NV in a research note on Thursday, May 4th. Zacks Investment Research downgraded shares of Anheuser Busch Inbev NV from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 10th. Vetr cut shares of Anheuser Busch Inbev NV from a “hold” rating to a “sell” rating and set a $109.86 target price on the stock. in a report on Tuesday, April 25th. Finally, BidaskClub cut shares of Anheuser Busch Inbev NV from a “hold” rating to a “sell” rating in a report on Wednesday, June 14th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and eleven have given a buy rating to the company. Anheuser Busch Inbev NV presently has a consensus rating of “Hold” and a consensus target price of $125.81.

Anheuser Busch Inbev NV 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.

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

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