Everett Harris & Co. CA Lowers Stock Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Everett Harris & Co. CA lessened its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 10.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 249,651 shares of the consumer goods maker’s stock after selling 30,420 shares during the period. Everett Harris & Co. CA’s holdings in Anheuser-Busch InBev SA/NV were worth $12,500,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in BUD. Ashton Thomas Securities LLC purchased a new position in Anheuser-Busch InBev SA/NV during the 3rd quarter valued at about $26,000. Legacy Investment Solutions LLC acquired a new stake in Anheuser-Busch InBev SA/NV during the 3rd quarter worth approximately $27,000. R Squared Ltd acquired a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter worth $30,000. First Personal Financial Services increased its position in shares of Anheuser-Busch InBev SA/NV by 51.3% during the third quarter. First Personal Financial Services now owns 605 shares of the consumer goods maker’s stock worth $40,000 after acquiring an additional 205 shares during the period. Finally, Mather Group LLC. grew its stake in Anheuser-Busch InBev SA/NV by 96.6% during the 3rd quarter. Mather Group LLC. now owns 643 shares of the consumer goods maker’s stock worth $43,000 after purchasing an additional 316 shares in the last quarter. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Price Performance

Shares of NYSE BUD opened at $49.13 on Friday. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The stock has a market cap of $88.29 billion, a P/E ratio of 15.16, a P/E/G ratio of 1.60 and a beta of 1.09. The stock has a 50 day moving average of $50.60 and a two-hundred day moving average of $57.94. Anheuser-Busch InBev SA/NV has a twelve month low of $45.94 and a twelve month high of $67.49.

Analyst Ratings Changes

Several brokerages recently weighed in on BUD. Barclays raised shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a report on Wednesday, October 9th. TD Cowen cut their price target 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. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $64.00.

About Anheuser-Busch InBev SA/NV

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.