Anheuser-Busch Inbev SA (BUD) Stake Decreased by Level Four Advisory Services LLC

Level Four Advisory Services LLC cut its position in Anheuser-Busch Inbev SA (NYSE:BUD) by 31.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,470 shares of the consumer goods maker’s stock after selling 2,085 shares during the quarter. Level Four Advisory Services LLC’s holdings in Anheuser-Busch Inbev SA were worth $494,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Blair William & Co. IL boosted its position in Anheuser-Busch Inbev SA by 11.4% during the second quarter. Blair William & Co. IL now owns 126,518 shares of the consumer goods maker’s stock worth $13,962,000 after purchasing an additional 12,914 shares during the period. Cowen Inc. boosted its position in Anheuser-Busch Inbev SA by 76.5% during the second quarter. Cowen Inc. now owns 13,035 shares of the consumer goods maker’s stock worth $1,439,000 after purchasing an additional 5,650 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in Anheuser-Busch Inbev SA by 6.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 92,615 shares of the consumer goods maker’s stock worth $10,221,000 after purchasing an additional 5,214 shares during the period. Fisher Asset Management LLC boosted its position in Anheuser-Busch Inbev SA by 1.0% during the second quarter. Fisher Asset Management LLC now owns 5,707,561 shares of the consumer goods maker’s stock worth $629,886,000 after purchasing an additional 57,541 shares during the period. Finally, Eqis Capital Management Inc. boosted its position in Anheuser-Busch Inbev SA by 19.7% during the second quarter. Eqis Capital Management Inc. now owns 3,230 shares of the consumer goods maker’s stock worth $356,000 after purchasing an additional 532 shares during the period. 5.52% of the stock is owned by institutional investors and hedge funds.

Shares of Anheuser-Busch Inbev SA (NYSE:BUD) traded down 0.6313% on Friday, reaching $119.6498. The company’s stock had a trading volume of 1,029,373 shares. Anheuser-Busch Inbev SA has a 12 month low of $98.28 and a 12 month high of $126.50. The stock has a market cap of $231.37 billion, a P/E ratio of 59.6460 and a beta of 1.07. The firm’s 50-day moving average price is $121.58 and its 200-day moving average price is $117.01.

Anheuser-Busch Inbev SA (NYSE:BUD) last issued its quarterly earnings results on Thursday, October 26th. The consumer goods maker reported $1.31 earnings per share for the quarter, missing the consensus estimate of $1.50 by ($0.19). Anheuser-Busch Inbev SA had a return on equity of 13.61% and a net margin of 7.37%. The business had revenue of $14.74 billion during the quarter, compared to analysts’ expectations of $15 billion. During the same quarter in the previous year, the company posted $0.83 earnings per share. The company’s quarterly revenue was up 26.0% compared to the same quarter last year. On average, analysts forecast that Anheuser-Busch Inbev SA will post $4.16 earnings per share for the current fiscal year.

WARNING: This story was posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this story on another domain, it was stolen and reposted in violation of United States and international trademark and copyright laws. The original version of this story can be accessed at https://www.dispatchtribunal.com/2017/10/27/anheuser-busch-inbev-sa-bud-holdings-trimmed-by-level-four-advisory-services-llc.html.

A number of equities research analysts have recently issued reports on the stock. Susquehanna Bancshares Inc set a $111.00 target price on shares of Anheuser-Busch Inbev SA and gave the company a “hold” rating in a research report on Thursday, July 27th. Jefferies Group LLC set a $139.00 target price on shares of Anheuser-Busch Inbev SA and gave the company a “buy” rating in a research report on Saturday, July 29th. Argus assumed coverage on shares of Anheuser-Busch Inbev SA in a research report on Friday, September 8th. They issued a “buy” rating and a $136.00 target price for the company. BidaskClub raised shares of Anheuser-Busch Inbev SA from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. Finally, Zacks Investment Research raised shares of Anheuser-Busch Inbev SA from a “hold” rating to a “buy” rating and set a $128.00 target price for the company in a research report on Wednesday, July 19th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the company’s stock. Anheuser-Busch Inbev SA currently has a consensus rating of “Hold” and a consensus target price of $127.39.

About Anheuser-Busch Inbev SA

Anheuser Busch Inbev NV (AB InBev) is a Belgium-based company engaged in the brewers industry. The Company owns a portfolio of over 200 beer brands. The Company’s brand portfolio includes global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck’s, Leffe and Hoegaarden, and local champions, such as Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass and Jupiler.

Institutional Ownership by Quarter for Anheuser-Busch Inbev SA (NYSE:BUD)

Receive News & Ratings for Anheuser-Busch Inbev SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anheuser-Busch Inbev SA and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply