Vestmark Advisory Solutions Inc. lifted its position in Anheuser-Busch InBev SA/NV (NYSE:BUD – Free Report) by 74.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,149 shares of the consumer goods maker’s stock after purchasing an additional 9,014 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $1,059,000 at the end of the most recent quarter.
Several other institutional investors have also recently modified their holdings of BUD. Hara Capital LLC purchased a new stake in Anheuser-Busch InBev SA/NV in the third quarter worth approximately $72,000. Assetmark Inc. lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 12.7% in the 3rd quarter. Assetmark Inc. now owns 43,218 shares of the consumer goods maker’s stock worth $2,865,000 after acquiring an additional 4,863 shares during the last quarter. First Personal Financial Services boosted its stake in shares of Anheuser-Busch InBev SA/NV by 51.3% in the 3rd quarter. First Personal Financial Services now owns 605 shares of the consumer goods maker’s stock valued at $40,000 after purchasing an additional 205 shares in the last quarter. Tyler Stone Wealth Management boosted its stake in shares of Anheuser-Busch InBev SA/NV by 100.0% in the 3rd quarter. Tyler Stone Wealth Management now owns 4,200 shares of the consumer goods maker’s stock valued at $278,000 after purchasing an additional 2,100 shares in the last quarter. Finally, Seafarer Capital Partners LLC grew its holdings in shares of Anheuser-Busch InBev SA/NV by 11.2% during the 3rd quarter. Seafarer Capital Partners LLC now owns 1,059,000 shares of the consumer goods maker’s stock valued at $70,201,000 after purchasing an additional 107,000 shares during the last quarter. 5.53% of the stock is currently owned by institutional investors.
Anheuser-Busch InBev SA/NV Trading Up 1.1 %
NYSE:BUD opened at $63.11 on Friday. The firm has a market capitalization of $113.41 billion, a P/E ratio of 19.48, a P/E/G ratio of 1.73 and a beta of 0.96. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. The company has a fifty day moving average of $51.69 and a 200 day moving average of $56.84. Anheuser-Busch InBev SA/NV has a 52 week low of $45.94 and a 52 week high of $67.49.
Analyst Upgrades and Downgrades
Several analysts have weighed in on BUD shares. Deutsche Bank Aktiengesellschaft raised shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research note on Monday, March 3rd. TD Cowen lowered 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, January 8th. One research analyst has rated the stock with a hold rating, four have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $64.00.
View Our Latest Research Report on Anheuser-Busch InBev SA/NV
Anheuser-Busch InBev SA/NV Company 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.
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