Anheuser-Busch InBev SA/NV $BUD Shares Sold by Trivium Point Advisory LLC

Key Points

• Trivium Point Advisory LLC has reduced its holdings in Anheuser-Busch InBev SA/NV by 23.9%, selling 8,160 shares to hold 26,050 shares valued at $1.6 million.
• Other institutional investors, including ABC Arbitrage SA and Sequoia Financial Advisors LLC, have recently increased their stakes in the company.
• Despite reporting earnings per share of $0.98 for the last quarter, Anheuser-Busch experienced a 2.1% decline in revenue compared to the previous year.

Trivium Point Advisory LLC reduced its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 23.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,050 shares of the consumer goods maker's stock after selling 8,160 shares during the period. Trivium Point Advisory LLC's holdings in Anheuser-Busch InBev SA/NV were worth $1,604,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Vontobel Holding Ltd. grew its holdings in Anheuser-Busch InBev SA/NV by 2.3% during the first quarter. Vontobel Holding Ltd. now owns 7,678 shares of the consumer goods maker's stock valued at $473,000 after purchasing an additional 174 shares during the period. Crossmark Global Holdings Inc. grew its stake in Anheuser-Busch InBev SA/NV by 1.1% in the 1st quarter. Crossmark Global Holdings Inc. now owns 16,991 shares of the consumer goods maker's stock worth $1,046,000 after acquiring an additional 179 shares in the last quarter. Laurel Wealth Advisors LLC raised its holdings in shares of Anheuser-Busch InBev SA/NV by 23.5% in the first quarter. Laurel Wealth Advisors LLC now owns 1,050 shares of the consumer goods maker's stock worth $65,000 after buying an additional 200 shares during the last quarter. GAMMA Investing LLC raised its position in shares of Anheuser-Busch InBev SA/NV by 27.0% during the 1st quarter. GAMMA Investing LLC now owns 1,158 shares of the consumer goods maker's stock worth $71,000 after purchasing an additional 246 shares during the last quarter. Finally, Rehmann Capital Advisory Group grew its stake in shares of Anheuser-Busch InBev SA/NV by 6.0% in the 1st quarter. Rehmann Capital Advisory Group now owns 4,961 shares of the consumer goods maker's stock valued at $305,000 after buying an additional 281 shares during the period. 5.53% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on BUD. Wall Street Zen cut shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research report on Sunday, May 18th. 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. Finally, The Goldman Sachs Group upgraded Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $70.10 to $88.00 in a research report on Monday, May 12th. Two investment analysts have rated the stock with a hold rating, six have given a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of $71.50.

Anheuser-Busch InBev SA/NV Stock Up 1.2%

NYSE:BUD traded up $0.72 during trading hours on Friday, reaching $61.40. The company's stock had a trading volume of 2,181,842 shares, compared to its average volume of 2,925,275. The company has a market capitalization of $110.35 billion, a P/E ratio of 17.25, a price-to-earnings-growth ratio of 1.87 and a beta of 0.79. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $72.13. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.48 and a current ratio of 0.64. The stock has a 50 day moving average price of $67.01 and a two-hundred day moving average price of $63.85.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The consumer goods maker reported $0.98 EPS for the quarter, beating the consensus estimate 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%. The business's quarterly revenue was down 2.1% compared to the same quarter last year. During the same period last year, the business earned $0.90 EPS. Equities analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

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.