M&T Bank Corp trimmed its holdings in Anheuser Busch Inbev NV (NYSE:BUD) by 2.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,711 shares of the consumer goods maker’s stock after selling 1,424 shares during the quarter. M&T Bank Corp’s holdings in Anheuser Busch Inbev were worth $6,661,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Elite Wealth Management Inc. purchased a new stake in shares of Anheuser Busch Inbev during the 4th quarter valued at approximately $341,000. First Eagle Investment Management LLC purchased a new stake in shares of Anheuser Busch Inbev during the 3rd quarter valued at approximately $72,294,000. Turim 21 Investimentos Ltda. purchased a new stake in shares of Anheuser Busch Inbev during the 3rd quarter valued at approximately $58,623,000. Seatown Holdings Pte. Ltd. purchased a new stake in shares of Anheuser Busch Inbev during the 3rd quarter valued at approximately $36,436,000. Finally, Truepoint Inc. raised its position in shares of Anheuser Busch Inbev by 11,830.0% during the 3rd quarter. Truepoint Inc. now owns 288,348 shares of the consumer goods maker’s stock valued at $288,000 after buying an additional 285,931 shares during the period. 5.58% of the stock is currently owned by institutional investors and hedge funds.
Anheuser Busch Inbev NV (NYSE BUD) opened at $106.12 on Tuesday. The company has a market cap of $179,686.84, a price-to-earnings ratio of 30.94, a price-to-earnings-growth ratio of 1.32 and a beta of 1.03. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.82 and a quick ratio of 0.71. Anheuser Busch Inbev NV has a 12 month low of $101.21 and a 12 month high of $126.50.
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Anheuser Busch Inbev Profile
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.
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