Clarkston Capital Partners LLC Sells 944,545 Shares of Anheuser-Busch InBev SA/NV $BUD

Clarkston Capital Partners LLC lessened its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 92.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,465 shares of the consumer goods maker’s stock after selling 944,545 shares during the quarter. Clarkston Capital Partners LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $5,582,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Bogart Wealth LLC grew its position in Anheuser-Busch InBev SA/NV by 3,800.0% during the 4th quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock valued at $25,000 after purchasing an additional 380 shares during the last quarter. Birchwood Financial Partners Inc. purchased a new position in Anheuser-Busch InBev SA/NV in the fourth quarter worth about $26,000. GHP Investment Advisors Inc. purchased a new position in Anheuser-Busch InBev SA/NV in the first quarter worth about $32,000. Parkside Financial Bank & Trust lifted its stake in shares of Anheuser-Busch InBev SA/NV by 79.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 498 shares of the consumer goods maker’s stock worth $32,000 after buying an additional 220 shares in the last quarter. Finally, First Horizon Corp lifted its stake in shares of Anheuser-Busch InBev SA/NV by 84.6% in the first quarter. First Horizon Corp now owns 502 shares of the consumer goods maker’s stock worth $35,000 after buying an additional 230 shares in the last quarter. Institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Trading Down 3.2%

Anheuser-Busch InBev SA/NV stock opened at $80.45 on Friday. Anheuser-Busch InBev SA/NV has a 52-week low of $56.97 and a 52-week high of $85.56. The company has a market cap of $156.93 billion, a P/E ratio of 21.98, a P/E/G ratio of 1.39 and a beta of 0.59. The company has a quick ratio of 0.57, a current ratio of 0.72 and a debt-to-equity ratio of 0.74. The business has a 50-day simple moving average of $81.31 and a two-hundred day simple moving average of $76.20.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings data on Tuesday, March 31st. The consumer goods maker reported $0.97 earnings per share for the quarter. The firm had revenue of $15.27 billion for the quarter. Anheuser-Busch InBev SA/NV had a net margin of 11.90% and a return on equity of 16.34%. Analysts predict that Anheuser-Busch InBev SA/NV will post 4.31 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on BUD shares. Barclays reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 5th. Royal Bank Of Canada reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, May 5th. JPMorgan Chase & Co. reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, June 30th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, June 30th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, July 1st. Twelve investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $90.08.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.