Greylin Investment Mangement Inc. Sells 8,860 Shares of Anheuser Busch Inbev NV (NYSE:BUD)

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Greylin Investment Mangement Inc. lowered its holdings in Anheuser Busch Inbev NV (NYSE:BUD) by 75.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,890 shares of the consumer goods maker’s stock after selling 8,860 shares during the quarter. Greylin Investment Mangement Inc.’s holdings in Anheuser Busch Inbev were worth $275,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Clearbridge Investments LLC grew its position in shares of Anheuser Busch Inbev by 18.4% in the 1st quarter. Clearbridge Investments LLC now owns 10,877,335 shares of the consumer goods maker’s stock worth $913,370,000 after buying an additional 1,686,528 shares during the last quarter. Fisher Asset Management LLC grew its position in shares of Anheuser Busch Inbev by 2.5% in the 2nd quarter. Fisher Asset Management LLC now owns 6,862,410 shares of the consumer goods maker’s stock worth $607,392,000 after buying an additional 165,266 shares during the last quarter. Bank of America Corp DE grew its position in shares of Anheuser Busch Inbev by 0.4% in the 2nd quarter. Bank of America Corp DE now owns 3,170,122 shares of the consumer goods maker’s stock worth $280,587,000 after buying an additional 11,922 shares during the last quarter. Balyasny Asset Management LLC grew its position in shares of Anheuser Busch Inbev by 16.9% in the 2nd quarter. Balyasny Asset Management LLC now owns 1,123,209 shares of the consumer goods maker’s stock worth $99,415,000 after buying an additional 162,297 shares during the last quarter. Finally, Renaissance Technologies LLC grew its position in shares of Anheuser Busch Inbev by 103.2% in the 2nd quarter. Renaissance Technologies LLC now owns 1,083,800 shares of the consumer goods maker’s stock worth $95,927,000 after buying an additional 550,500 shares during the last quarter. Institutional investors and hedge funds own 4.53% of the company’s stock.

BUD has been the topic of a number of analyst reports. ValuEngine downgraded shares of Anheuser Busch Inbev from a “hold” rating to a “sell” rating in a research report on Thursday, September 5th. Jefferies Financial Group raised shares of Anheuser Busch Inbev to a “hold” rating and set a $95.00 price objective on the stock in a research report on Monday, August 12th. Bank of America raised shares of Anheuser Busch Inbev from a “neutral” rating to a “buy” rating in a research report on Monday, July 29th. They noted that the move was a valuation call. Barclays downgraded shares of Anheuser Busch Inbev from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, August 27th. Finally, UBS Group downgraded shares of Anheuser Busch Inbev from a “buy” rating to a “neutral” rating in a research report on Tuesday, August 6th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $87.94.

NYSE:BUD traded up $0.77 during trading hours on Friday, hitting $92.33. 516,374 shares of the company were exchanged, compared to its average volume of 1,163,459. The stock has a market capitalization of $151.05 billion, a price-to-earnings ratio of 26.84, a PEG ratio of 2.12 and a beta of 1.18. Anheuser Busch Inbev NV has a 52-week low of $64.54 and a 52-week high of $102.70. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.54 and a quick ratio of 0.41. The company’s 50 day moving average price is $94.44 and its 200-day moving average price is $90.18.

Anheuser Busch Inbev (NYSE:BUD) last released its earnings results on Thursday, July 25th. The consumer goods maker reported $1.25 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.12. The company had revenue of $13.96 billion for the quarter, compared to the consensus estimate of $13.81 billion. Anheuser Busch Inbev had a net margin of 13.81% and a return on equity of 21.79%. Anheuser Busch Inbev’s revenue was down .2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.95 EPS. On average, equities analysts predict that Anheuser Busch Inbev NV will post 4.93 earnings per share for the current year.

Anheuser Busch Inbev Company Profile

Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks. The company offers a portfolio of approximately 500 beer brands, including Budweiser, Corona, and Stella Artois; Beck's, Castle, Castle Lite, Hoegaarden, and Leffe; and Aguila, Antarctica, Bud Light, Brahma, Cass, Cristal, Harbin, Jupiler, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol.

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Institutional Ownership by Quarter for Anheuser Busch Inbev (NYSE:BUD)

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