B. Metzler seel. Sohn & Co. AG Sells 8,247 Shares of Anheuser-Busch InBev SA/NV $BUD

B. Metzler seel. Sohn & Co. AG cut its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 30.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,084 shares of the consumer goods maker’s stock after selling 8,247 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Anheuser-Busch InBev SA/NV were worth $1,138,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. AQR Capital Management LLC raised its stake in Anheuser-Busch InBev SA/NV by 52.9% during the 1st quarter. AQR Capital Management LLC now owns 9,036 shares of the consumer goods maker’s stock worth $556,000 after buying an additional 3,127 shares during the period. NewEdge Advisors LLC increased its holdings in shares of Anheuser-Busch InBev SA/NV by 7.8% during the first quarter. NewEdge Advisors LLC now owns 8,869 shares of the consumer goods maker’s stock valued at $546,000 after acquiring an additional 642 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Anheuser-Busch InBev SA/NV by 25.3% during the first quarter. Goldman Sachs Group Inc. now owns 1,318,248 shares of the consumer goods maker’s stock valued at $81,151,000 after acquiring an additional 265,783 shares in the last quarter. Savant Capital LLC raised its position in shares of Anheuser-Busch InBev SA/NV by 148.2% during the second quarter. Savant Capital LLC now owns 8,512 shares of the consumer goods maker’s stock worth $585,000 after purchasing an additional 5,082 shares during the period. Finally, Prospera Financial Services Inc acquired a new position in shares of Anheuser-Busch InBev SA/NV during the second quarter worth approximately $225,000. 5.53% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on BUD shares. Weiss Ratings reissued a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Monday, December 29th. Royal Bank Of Canada restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, February 12th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, February 6th. SBG Securities cut shares of Anheuser-Busch InBev SA/NV to a “hold” rating in a report on Monday, March 2nd. Finally, DZ Bank restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $81.00.

Anheuser-Busch InBev SA/NV Trading Down 0.0%

NYSE BUD opened at $73.14 on Wednesday. The company has a current ratio of 0.72, a quick ratio of 0.57 and a debt-to-equity ratio of 0.74. The business has a fifty day simple moving average of $72.67 and a 200 day simple moving average of $65.41. Anheuser-Busch InBev SA/NV has a 12 month low of $56.97 and a 12 month high of $81.56. The firm has a market capitalization of $142.65 billion, a P/E ratio of 21.26, a PEG ratio of 1.23 and a beta of 0.54.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings data on Thursday, February 12th. The consumer goods maker reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.91 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 11.53% and a return on equity of 15.67%. The firm had revenue of $15.56 billion for the quarter, compared to the consensus estimate of $15.48 billion. During the same period in the previous year, the firm earned $0.88 EPS. The business’s revenue for the quarter was up 6.2% compared to the same quarter last year. On average, analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

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.