Quantbot Technologies LP Sells 6,075 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Quantbot Technologies LP reduced its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 25.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 17,786 shares of the consumer goods maker’s stock after selling 6,075 shares during the period. Quantbot Technologies LP’s holdings in Anheuser-Busch InBev SA/NV were worth $891,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of BUD. Legacy Investment Solutions LLC bought a new stake in shares of Anheuser-Busch InBev SA/NV in the third quarter valued at approximately $27,000. R Squared Ltd acquired a new position in Anheuser-Busch InBev SA/NV during the 4th quarter valued at $30,000. Rakuten Securities Inc. boosted its holdings in Anheuser-Busch InBev SA/NV by 2,722.7% in the 4th quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker’s stock valued at $31,000 after purchasing an additional 599 shares during the period. Whipplewood Advisors LLC acquired a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter worth $36,000. Finally, Anchor Investment Management LLC increased its holdings in shares of Anheuser-Busch InBev SA/NV by 120.6% during the 3rd quarter. Anchor Investment Management LLC now owns 772 shares of the consumer goods maker’s stock worth $51,000 after purchasing an additional 422 shares during the period. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on BUD. 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 decreased their price objective on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating on the stock in a report on Wednesday, January 8th. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $64.00.

Anheuser-Busch InBev SA/NV Stock Up 0.2 %

Shares of BUD opened at $61.84 on Thursday. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. The company has a 50-day moving average price of $55.32 and a two-hundred day moving average price of $56.88. The stock has a market cap of $111.13 billion, a price-to-earnings ratio of 19.08, a P/E/G ratio of 1.73 and a beta of 0.96. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $67.49.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 EPS for the quarter, beating the consensus estimate of $0.75 by $0.13. The business had revenue of $14.84 billion for the quarter, compared to analyst estimates of $14.07 billion. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. Equities 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 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.