Global Retirement Partners LLC Has $460,000 Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Global Retirement Partners LLC trimmed its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 6.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,182 shares of the consumer goods maker’s stock after selling 663 shares during the quarter. Global Retirement Partners LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $460,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. Fisher Asset Management LLC raised its position in Anheuser-Busch InBev SA/NV by 6.0% during 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 acquiring an additional 587,329 shares in the last quarter. Holocene Advisors LP raised its holdings in shares of Anheuser-Busch InBev SA/NV by 22.8% during the 3rd quarter. Holocene Advisors LP now owns 4,331,636 shares of the consumer goods maker’s stock valued at $287,144,000 after purchasing an additional 803,257 shares in the last quarter. Douglass Winthrop Advisors LLC lifted its stake in shares of Anheuser-Busch InBev SA/NV by 2.9% in the 3rd quarter. Douglass Winthrop Advisors LLC now owns 1,286,674 shares of the consumer goods maker’s stock valued at $85,294,000 after purchasing an additional 35,757 shares during the last quarter. Seafarer Capital Partners LLC boosted its holdings in Anheuser-Busch InBev SA/NV by 11.2% in the third 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 in the last quarter. Finally, FMR LLC increased its position in Anheuser-Busch InBev SA/NV by 7.0% during the third quarter. FMR LLC now owns 732,459 shares of the consumer goods maker’s stock worth $48,555,000 after buying an additional 47,684 shares during the last quarter. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, TD Cowen reduced their price target on 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. One investment 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’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $64.00.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE:BUD opened at $54.01 on Monday. The firm has a market capitalization of $97.06 billion, a PE ratio of 16.67, a PEG ratio of 1.73 and a beta of 1.08. 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 current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The firm’s fifty day simple moving average is $49.89 and its 200 day simple moving average is $56.85.

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.