Sawtooth Solutions LLC Decreases Stake in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Sawtooth Solutions LLC lowered its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 28.4% during the third quarter, Holdings Channel reports. The fund owned 6,908 shares of the consumer goods maker’s stock after selling 2,746 shares during the quarter. Sawtooth Solutions LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $389,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in the company. Wealthcare Advisory Partners LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 4.1% in the second quarter. Wealthcare Advisory Partners LLC now owns 4,372 shares of the consumer goods maker’s stock worth $315,000 after acquiring an additional 174 shares during the period. Assetmark Inc. increased its stake in shares of Anheuser-Busch InBev SA/NV by 10.6% in the second quarter. Assetmark Inc. now owns 1,832 shares of the consumer goods maker’s stock worth $132,000 after acquiring an additional 175 shares during the period. Huntington National Bank increased its stake in shares of Anheuser-Busch InBev SA/NV by 14.1% in the third quarter. Huntington National Bank now owns 1,557 shares of the consumer goods maker’s stock worth $88,000 after acquiring an additional 193 shares during the period. Ausdal Financial Partners Inc. grew its position in Anheuser-Busch InBev SA/NV by 2.0% during the third quarter. Ausdal Financial Partners Inc. now owns 10,047 shares of the consumer goods maker’s stock valued at $566,000 after buying an additional 195 shares during the period. Finally, CHICAGO TRUST Co NA grew its position in Anheuser-Busch InBev SA/NV by 1.0% during the third quarter. CHICAGO TRUST Co NA now owns 20,601 shares of the consumer goods maker’s stock valued at $1,161,000 after buying an additional 199 shares during the period.

NYSE:BUD opened at $67.80 on Friday. The company’s 50-day moving average price is $59.99 and its 200-day moving average price is $60.95. The company has a current ratio of 0.65, a quick ratio of 0.47 and a debt-to-equity ratio of 1.12. The company has a market cap of $134.24 billion, a P/E ratio of 27.34, a P/E/G ratio of 1.99 and a beta of 1.57. Anheuser-Busch InBev SA/NV has a twelve month low of $54.08 and a twelve month high of $79.67.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings results on Wednesday, October 27th. The consumer goods maker reported $0.85 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.57 by $0.28. The firm had revenue of $14.27 billion for the quarter, compared to the consensus estimate of $13.64 billion. Anheuser-Busch InBev SA/NV had a net margin of 9.41% and a return on equity of 15.40%. The company’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same period last year, the firm posted $0.79 earnings per share. On average, analysts expect that Anheuser-Busch InBev SA/NV will post 2.81 earnings per share for the current year.

Several analysts recently commented on BUD shares. Deutsche Bank Aktiengesellschaft raised their price target on shares of Anheuser-Busch InBev SA/NV from €64.00 ($72.73) to €65.00 ($73.86) in a research report on Friday. Morgan Stanley restated an “equal weight” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, October 8th. Redburn Partners upgraded shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating and raised their price target for the company from $54.08 to $79.67 in a research report on Friday, November 19th. Barclays lifted their target price on shares of Anheuser-Busch InBev SA/NV from €71.00 ($80.68) to €75.00 ($85.23) in a research report on Friday. Finally, Argus lowered shares of Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a research report on Thursday, September 30th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, Anheuser-Busch InBev SA/NV currently has an average rating of “Hold” and a consensus target price of $70.45.

Anheuser-Busch InBev SA/NV Profile

Anheuser-Busch InBev SA/NV operates as a holding company, which engages in the manufacture and distribution of alcoholic and non-alcoholic beverages. It operates through the following geographical segments: North America, Middle Americas, South America, EMEA, Asia Pacific, and Global Export and Holding Companies.

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Institutional Ownership by Quarter for Anheuser-Busch InBev SA/NV (NYSE:BUD)

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