Round Hill Asset Management Sells 570 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Round Hill Asset Management trimmed its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 2.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,459 shares of the consumer goods maker’s stock after selling 570 shares during the period. Round Hill Asset Management’s holdings in Anheuser-Busch InBev SA/NV were worth $1,325,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Clarkston Capital Partners LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV by 30.3% during the fourth quarter. Clarkston Capital Partners LLC now owns 1,493,842 shares of the consumer goods maker’s stock valued at $74,797,000 after purchasing an additional 347,000 shares in the last quarter. Artisan Partners Limited Partnership bought a new stake in Anheuser-Busch InBev SA/NV during the 4th quarter valued at $56,849,000. Raymond James Financial Inc. purchased a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at $37,311,000. FMR LLC raised its position in shares of Anheuser-Busch InBev SA/NV by 7.0% in the 3rd quarter. FMR LLC now owns 732,459 shares of the consumer goods maker’s stock worth $48,555,000 after acquiring an additional 47,684 shares in the last quarter. Finally, Alberta Investment Management Corp purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth $28,540,000. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Down 3.0 %

Shares of BUD stock opened at $60.99 on Monday. Anheuser-Busch InBev SA/NV has a fifty-two week low of $45.94 and a fifty-two week high of $67.49. The firm has a market capitalization of $109.61 billion, a PE ratio of 18.82, a P/E/G ratio of 1.73 and a beta of 0.80. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. The stock’s 50-day simple moving average is $57.26 and its 200-day simple moving average is $56.71.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.13. The company had revenue of $14.84 billion for the quarter, compared to the consensus estimate of $14.07 billion. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. Equities analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Analyst Upgrades and Downgrades

BUD has been the topic of several analyst reports. Argus upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 target price on the stock in a research note on Thursday, March 27th. StockNews.com upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research note on Thursday. Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research note on Monday, March 3rd. TD Cowen dropped their target price on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating on the stock in a research note on Wednesday, January 8th. Finally, Berenberg Bank initiated coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They issued a “buy” rating for the company. One equities research analyst has rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $66.00.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. 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.