Quantbot Technologies LP Sells 10,564 Shares of Anheuser-Busch InBev SA/NV $BUD

Key Points

• Quantbot Technologies LP significantly reduced its investment in Anheuser-Busch InBev SA/NV, lowering its holdings by 59.4% to a total of 7,222 shares worth $445,000.
• Despite the reduction by Quantbot, various hedge funds, such as NBC Securities Inc. and Garde Capital Inc., have recently acquired new stakes in Anheuser-Busch InBev during the first quarter.
• Anheuser-Busch InBev reported an earnings per share (EPS) of $0.98 for the last quarter, surpassing analysts' expectations of $0.94, although its revenue declined by 2.1% compared to the previous year.

Quantbot Technologies LP trimmed its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 59.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 7,222 shares of the consumer goods maker's stock after selling 10,564 shares during the quarter. Quantbot Technologies LP's holdings in Anheuser-Busch InBev SA/NV were worth $445,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. NBC Securities Inc. bought a new stake in shares of Anheuser-Busch InBev SA/NV during the 1st quarter valued at $32,000. Garde Capital Inc. bought a new stake in shares of Anheuser-Busch InBev SA/NV during the 1st quarter valued at $37,000. ST Germain D J Co. Inc. bought a new stake in shares of Anheuser-Busch InBev SA/NV during the 1st quarter valued at $41,000. Rossby Financial LCC bought a new stake in shares of Anheuser-Busch InBev SA/NV during the 1st quarter valued at $49,000. Finally, Measured Risk Portfolios Inc. bought a new stake in shares of Anheuser-Busch InBev SA/NV during the 4th quarter valued at $40,000. 5.53% of the stock is currently owned by institutional investors.

Anheuser-Busch InBev SA/NV Price Performance

NYSE BUD traded down $0.05 during trading on Monday, reaching $62.60. The company's stock had a trading volume of 1,490,537 shares, compared to its average volume of 2,174,519. The stock has a market capitalization of $112.50 billion, a PE ratio of 17.58, a P/E/G ratio of 1.76 and a beta of 0.79. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.64 and a quick ratio of 0.48. The firm has a fifty day moving average of $65.36 and a 200 day moving average of $64.73. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $72.13.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last announced its earnings results on Thursday, July 31st. The consumer goods maker reported $0.98 earnings per share for the quarter, topping analysts' consensus estimates of $0.94 by $0.04. Anheuser-Busch InBev SA/NV had a return on equity of 16.21% and a net margin of 12.16%.During the same period last year, the company posted $0.90 EPS. Anheuser-Busch InBev SA/NV's quarterly revenue was down 2.1% compared to the same quarter last year. Analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. BNP Paribas upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 30th. Wall Street Zen lowered Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research note on Sunday, May 18th. Finally, The Goldman Sachs Group upgraded Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and upped their target price for the stock from $70.10 to $88.00 in a research note on Monday, May 12th. Three investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $71.50.

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.