Aaron Wealth Advisors LLC Sells 2,149 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Aaron Wealth Advisors LLC lessened its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 24.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,823 shares of the consumer goods maker’s stock after selling 2,149 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $342,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Brown Lisle Cummings Inc. boosted its holdings in Anheuser-Busch InBev SA/NV by 9.0% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 2,375 shares of the consumer goods maker’s stock valued at $157,000 after purchasing an additional 197 shares during the period. First Personal Financial Services raised its position in shares of Anheuser-Busch InBev SA/NV by 51.3% in the third quarter. First Personal Financial Services now owns 605 shares of the consumer goods maker’s stock valued at $40,000 after buying an additional 205 shares in the last quarter. CHICAGO TRUST Co NA boosted its stake in shares of Anheuser-Busch InBev SA/NV by 2.2% in the third quarter. CHICAGO TRUST Co NA now owns 10,165 shares of the consumer goods maker’s stock valued at $674,000 after buying an additional 217 shares during the period. AE Wealth Management LLC grew its position in Anheuser-Busch InBev SA/NV by 6.5% during the second quarter. AE Wealth Management LLC now owns 4,540 shares of the consumer goods maker’s stock worth $264,000 after buying an additional 278 shares in the last quarter. Finally, Profund Advisors LLC increased its stake in Anheuser-Busch InBev SA/NV by 3.0% during the 2nd quarter. Profund Advisors LLC now owns 10,892 shares of the consumer goods maker’s stock worth $633,000 after acquiring an additional 313 shares during the period. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

BUD has been the subject of a number of recent analyst reports. Citigroup upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 1st. TD Cowen cut their price objective on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating for the company in a research report on Wednesday, January 8th. Barclays raised shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a report on Wednesday, October 9th. Finally, Evercore ISI raised shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a report on Monday, September 30th. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $64.00.

Anheuser-Busch InBev SA/NV Stock Performance

Anheuser-Busch InBev SA/NV stock opened at $47.99 on Tuesday. 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 stock has a market cap of $86.25 billion, a PE ratio of 14.81, a P/E/G ratio of 1.48 and a beta of 1.09. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $67.49. The business’s 50-day moving average price is $51.90 and its two-hundred day moving average price is $58.63.

Anheuser-Busch InBev SA/NV Profile

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.