CHICAGO TRUST Co NA Trims Stock Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

CHICAGO TRUST Co NA lessened its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 25.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,592 shares of the consumer goods maker’s stock after selling 2,573 shares during the quarter. CHICAGO TRUST Co NA’s holdings in Anheuser-Busch InBev SA/NV were worth $380,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Fisher Asset Management LLC boosted its position in Anheuser-Busch InBev SA/NV by 6.0% in the third quarter. Fisher Asset Management LLC now owns 10,307,014 shares of the consumer goods maker’s stock valued at $683,252,000 after buying an additional 587,329 shares during the last quarter. Holocene Advisors LP increased its stake in shares of Anheuser-Busch InBev SA/NV by 22.8% in the third quarter. Holocene Advisors LP now owns 4,331,636 shares of the consumer goods maker’s stock worth $287,144,000 after acquiring an additional 803,257 shares during the period. Douglass Winthrop Advisors LLC raised its holdings in shares of Anheuser-Busch InBev SA/NV by 2.9% during the third quarter. Douglass Winthrop Advisors LLC now owns 1,286,674 shares of the consumer goods maker’s stock worth $85,294,000 after purchasing an additional 35,757 shares during the last quarter. Seafarer Capital Partners LLC grew its position in Anheuser-Busch InBev SA/NV by 11.2% during the 3rd quarter. Seafarer Capital Partners LLC now owns 1,059,000 shares of the consumer goods maker’s stock worth $70,201,000 after purchasing an additional 107,000 shares during the period. Finally, Armistice Capital LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 19.5% in the 2nd quarter. Armistice Capital LLC now owns 839,000 shares of the consumer goods maker’s stock valued at $48,788,000 after buying an additional 137,000 shares during the period. 5.53% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. TD Cowen dropped their target price 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. Evercore ISI raised shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a report on Monday, September 30th. Citigroup raised shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a report on Tuesday, October 1st. Finally, Barclays raised shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a report on Wednesday, October 9th. One analyst has rated the stock with a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Anheuser-Busch InBev SA/NV currently has a consensus rating of “Buy” and a consensus price target of $64.00.

Anheuser-Busch InBev SA/NV Trading Up 0.5 %

Shares of BUD stock opened at $46.38 on Tuesday. Anheuser-Busch InBev SA/NV has a 1-year low of $45.94 and a 1-year high of $67.49. The company has a market cap of $83.35 billion, a price-to-earnings ratio of 14.31, a PEG ratio of 1.68 and a beta of 1.09. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. The stock has a 50 day simple moving average of $52.75 and a 200-day simple moving average of $58.96.

Anheuser-Busch InBev SA/NV Company 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.