Anheuser-Busch InBev SA/NV $BUD Shares Sold by ABC Arbitrage SA

ABC Arbitrage SA cut its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 20.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 80,913 shares of the consumer goods maker’s stock after selling 20,700 shares during the quarter. ABC Arbitrage SA’s holdings in Anheuser-Busch InBev SA/NV were worth $4,823,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Huntington National Bank lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 16.3% during the 2nd quarter. Huntington National Bank now owns 1,387 shares of the consumer goods maker’s stock worth $95,000 after acquiring an additional 194 shares during the period. Apollon Wealth Management LLC grew its holdings in Anheuser-Busch InBev SA/NV by 4.2% in the third quarter. Apollon Wealth Management LLC now owns 5,042 shares of the consumer goods maker’s stock valued at $301,000 after purchasing an additional 203 shares during the period. Outfitters Financial LLC increased its position in Anheuser-Busch InBev SA/NV by 1.1% during the third quarter. Outfitters Financial LLC now owns 21,310 shares of the consumer goods maker’s stock worth $1,270,000 after purchasing an additional 240 shares during the last quarter. Westside Investment Management Inc. increased its position in Anheuser-Busch InBev SA/NV by 51.6% during the second quarter. Westside Investment Management Inc. now owns 758 shares of the consumer goods maker’s stock worth $52,000 after purchasing an additional 258 shares during the last quarter. Finally, Arkadios Wealth Advisors raised its stake in Anheuser-Busch InBev SA/NV by 1.3% during the third quarter. Arkadios Wealth Advisors now owns 22,957 shares of the consumer goods maker’s stock worth $1,368,000 after purchasing an additional 297 shares during the period. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Price Performance

BUD opened at $75.74 on Wednesday. Anheuser-Busch InBev SA/NV has a twelve month low of $50.40 and a twelve month high of $76.30. The firm has a market cap of $147.89 billion, a price-to-earnings ratio of 24.75, a PEG ratio of 1.61 and a beta of 0.55. The company has a current ratio of 0.64, a quick ratio of 0.48 and a debt-to-equity ratio of 0.79. The company has a fifty day simple moving average of $66.82 and a 200 day simple moving average of $63.14.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. DZ Bank reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, November 7th. The Goldman Sachs Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, November 28th. Berenberg Bank reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, January 27th. Royal Bank Of Canada restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, December 9th. Finally, Wells Fargo & Company lifted their price objective on Anheuser-Busch InBev SA/NV from $75.00 to $85.00 and gave the company an “overweight” rating in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $81.00.

About Anheuser-Busch InBev SA/NV

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.