Integrated Investment Consultants LLC increased its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD – Free Report) by 1.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 28,993 shares of the consumer goods maker’s stock after purchasing an additional 464 shares during the period. Integrated Investment Consultants LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $1,452,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in BUD. Fisher Asset Management LLC increased its position in Anheuser-Busch InBev SA/NV by 6.0% during the 3rd quarter. Fisher Asset Management LLC now owns 10,307,014 shares of the consumer goods maker’s stock worth $683,252,000 after purchasing an additional 587,329 shares during the period. Holocene Advisors LP grew its holdings in Anheuser-Busch InBev SA/NV by 22.8% during the third quarter. Holocene Advisors LP now owns 4,331,636 shares of the consumer goods maker’s stock worth $287,144,000 after acquiring an additional 803,257 shares during the period. Douglass Winthrop Advisors LLC raised its position in Anheuser-Busch InBev SA/NV by 2.9% in the third quarter. Douglass Winthrop Advisors LLC now owns 1,286,674 shares of the consumer goods maker’s stock worth $85,294,000 after acquiring an additional 35,757 shares in the last quarter. Seafarer Capital Partners LLC lifted 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 valued at $70,201,000 after acquiring an additional 107,000 shares during the period. Finally, Armistice Capital LLC boosted its position in shares of Anheuser-Busch InBev SA/NV by 19.5% during the 2nd quarter. Armistice Capital LLC now owns 839,000 shares of the consumer goods maker’s stock worth $48,788,000 after purchasing an additional 137,000 shares in the last quarter. Institutional investors and hedge funds own 5.53% of the company’s stock.
Analysts Set New Price Targets
BUD has been the subject of several recent analyst reports. Citigroup raised shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a report on Tuesday, October 1st. TD Cowen lowered their price target on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating on the stock in a report on Wednesday, January 8th. Barclays raised Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a report on Wednesday, October 9th. Finally, Evercore ISI raised Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a report on Monday, September 30th. One research analyst has rated the stock with a hold rating, three have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $64.00.
Anheuser-Busch InBev SA/NV Stock Up 1.8 %
BUD stock opened at $47.99 on Friday. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. The company’s 50 day simple moving average is $52.08 and its 200-day simple moving average is $58.71. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $67.49. The firm has a market capitalization of $86.25 billion, a PE ratio of 14.81, a P/E/G ratio of 1.48 and a beta of 1.09.
About Anheuser-Busch InBev SA/NV
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.
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