Sawtooth Solutions LLC Lowers Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Sawtooth Solutions LLC reduced its stake in Anheuser-Busch InBev SA/NV (NYSE:BUDGet Rating) by 58.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 12,336 shares of the consumer goods maker’s stock after selling 17,048 shares during the quarter. Sawtooth Solutions LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $741,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of BUD. Schroder Investment Management Group purchased a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter valued at $30,000. Meeder Asset Management Inc. purchased a new stake in Anheuser-Busch InBev SA/NV in the 1st quarter valued at $34,000. Tcwp LLC purchased a new stake in Anheuser-Busch InBev SA/NV in the 1st quarter valued at $37,000. Wellington Shields Capital Management LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 1st quarter valued at $41,000. Finally, Creative Financial Designs Inc. ADV increased its position in shares of Anheuser-Busch InBev SA/NV by 36.0% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 740 shares of the consumer goods maker’s stock valued at $44,000 after purchasing an additional 196 shares during the last quarter. 5.32% of the stock is owned by hedge funds and other institutional investors.

Anheuser-Busch InBev SA/NV Stock Down 0.3 %

Shares of NYSE BUD opened at $48.99 on Friday. Anheuser-Busch InBev SA/NV has a 52 week low of $47.23 and a 52 week high of $67.91. The business has a 50-day simple moving average of $52.60 and a two-hundred day simple moving average of $55.31. The company has a quick ratio of 0.47, a current ratio of 0.67 and a debt-to-equity ratio of 0.99. The company has a market cap of $97.00 billion, a P/E ratio of 25.25, a P/E/G ratio of 1.92 and a beta of 1.26.

Analyst Upgrades and Downgrades

BUD has been the subject of several research analyst reports. Sanford C. Bernstein decreased their target price on Anheuser-Busch InBev SA/NV to $67.60 in a research report on Friday, May 27th. Citigroup raised Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Tuesday, July 5th. Barclays decreased their target price on Anheuser-Busch InBev SA/NV from €84.00 ($85.71) to €77.00 ($78.57) in a research report on Monday, July 11th. Morgan Stanley decreased their target price on Anheuser-Busch InBev SA/NV from €54.00 ($55.10) to €52.00 ($53.06) in a research report on Wednesday, June 29th. Finally, Royal Bank of Canada decreased their target price on Anheuser-Busch InBev SA/NV from €65.00 ($66.33) to €64.00 ($65.31) in a research report on Monday, August 1st. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $65.28.

Anheuser-Busch InBev SA/NV Company Profile

(Get Rating)

Anheuser-Busch InBev SA/NV engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.

Featured Articles

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

Receive News & Ratings for Anheuser-Busch InBev SA/NV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anheuser-Busch InBev SA/NV and related companies with MarketBeat.com's FREE daily email newsletter.