First Hawaiian Bank Has $2.51 Million Stake in Anheuser-Busch InBev SA/NV (NYSE:BUD)

First Hawaiian Bank grew its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 27.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 50,092 shares of the consumer goods maker’s stock after purchasing an additional 10,870 shares during the quarter. First Hawaiian Bank’s holdings in Anheuser-Busch InBev SA/NV were worth $2,508,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the company. Brown Lisle Cummings Inc. boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 9.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 2,375 shares of the consumer goods maker’s stock worth $157,000 after buying an additional 197 shares in the last quarter. First Personal Financial Services boosted its stake in Anheuser-Busch InBev SA/NV by 51.3% during the third quarter. First Personal Financial Services now owns 605 shares of the consumer goods maker’s stock worth $40,000 after acquiring an additional 205 shares in the last quarter. CHICAGO TRUST Co NA grew its holdings in Anheuser-Busch InBev SA/NV by 2.2% in the third quarter. CHICAGO TRUST Co NA now owns 10,165 shares of the consumer goods maker’s stock worth $674,000 after purchasing an additional 217 shares during the period. AE Wealth Management LLC increased its stake in Anheuser-Busch InBev SA/NV by 6.5% in the second quarter. AE Wealth Management LLC now owns 4,540 shares of the consumer goods maker’s stock valued at $264,000 after purchasing an additional 278 shares in the last quarter. Finally, Profund Advisors LLC increased its stake in Anheuser-Busch InBev SA/NV by 3.0% in the second quarter. Profund Advisors LLC now owns 10,892 shares of the consumer goods maker’s stock valued at $633,000 after purchasing an additional 313 shares in the last quarter. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of Anheuser-Busch InBev SA/NV stock opened at $49.00 on Thursday. The company has a market cap of $88.06 billion, a PE ratio of 15.12, a price-to-earnings-growth ratio of 1.68 and a beta of 1.09. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. Anheuser-Busch InBev SA/NV has a 52 week low of $48.55 and a 52 week high of $67.49. The business has a 50 day moving average price of $53.47 and a 200-day moving average price of $59.23.

Analyst Ratings Changes

BUD has been the subject of several research reports. TD Cowen reduced their target price on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating for the company in a research note on Wednesday. Evercore ISI raised Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research note on Monday, September 30th. Citigroup upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a report on Tuesday, October 1st. Finally, Barclays raised shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Wednesday, October 9th. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $68.00.

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.