Whittier Trust Co. Sells 661 Shares of Anheuser-Busch InBev SA/NV $BUD

Whittier Trust Co. lessened its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 28.1% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,689 shares of the consumer goods maker’s stock after selling 661 shares during the period. Whittier Trust Co.’s holdings in Anheuser-Busch InBev SA/NV were worth $116,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of BUD. GAMMA Investing LLC increased its stake in Anheuser-Busch InBev SA/NV by 27.0% in the first quarter. GAMMA Investing LLC now owns 1,158 shares of the consumer goods maker’s stock valued at $71,000 after purchasing an additional 246 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 1.0% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 35,879 shares of the consumer goods maker’s stock worth $2,209,000 after acquiring an additional 360 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its position in shares of Anheuser-Busch InBev SA/NV by 6.0% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 41,213 shares of the consumer goods maker’s stock worth $2,537,000 after acquiring an additional 2,322 shares in the last quarter. Oppenheimer & Co. Inc. bought a new stake in shares of Anheuser-Busch InBev SA/NV during the first quarter worth $230,000. Finally, Bessemer Group Inc. increased its position in shares of Anheuser-Busch InBev SA/NV by 66.0% during the first quarter. Bessemer Group Inc. now owns 1,336 shares of the consumer goods maker’s stock worth $83,000 after acquiring an additional 531 shares in the last quarter. Institutional investors own 5.53% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Morningstar raised shares of Anheuser-Busch InBev SA/NV to a “buy” rating in a research report on Thursday, September 18th. Berenberg Bank reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, September 18th. Jefferies Financial Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, October 8th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, September 30th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $71.00.

Anheuser-Busch InBev SA/NV Stock Down 0.5%

Anheuser-Busch InBev SA/NV stock opened at $61.29 on Friday. The company has a market cap of $119.69 billion, a P/E ratio of 17.22, a price-to-earnings-growth ratio of 1.76 and a beta of 0.76. Anheuser-Busch InBev SA/NV has a 1-year low of $45.94 and a 1-year high of $72.13. The company has a fifty day simple moving average of $60.44 and a 200 day simple moving average of $64.62. The company has a current ratio of 0.64, a quick ratio of 0.48 and a debt-to-equity ratio of 0.79.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings data on Thursday, July 31st. The consumer goods maker reported $0.98 EPS for the quarter, beating analysts’ consensus estimates of $0.94 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 12.16% and a return on equity of 16.21%. During the same period in the prior year, the firm posted $0.90 earnings per share. The company’s revenue was down 2.1% on a year-over-year basis. Research analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

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.