Signaturefd LLC raised its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD – Free Report) by 7.6% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 18,732 shares of the consumer goods maker’s stock after acquiring an additional 1,322 shares during the period. Signaturefd LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $1,287,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Dodge & Cox grew its stake in shares of Anheuser-Busch InBev SA/NV by 2.8% during the first quarter. Dodge & Cox now owns 41,116,138 shares of the consumer goods maker’s stock worth $2,531,109,000 after purchasing an additional 1,119,308 shares during the period. Goldman Sachs Group Inc. boosted its holdings in Anheuser-Busch InBev SA/NV by 25.3% during the first quarter. Goldman Sachs Group Inc. now owns 1,318,248 shares of the consumer goods maker’s stock worth $81,151,000 after buying an additional 265,783 shares during the last quarter. Alberta Investment Management Corp boosted its holdings in Anheuser-Busch InBev SA/NV by 34.0% during the first quarter. Alberta Investment Management Corp now owns 763,800 shares of the consumer goods maker’s stock worth $47,020,000 after buying an additional 193,800 shares during the last quarter. Hotchkis & Wiley Capital Management LLC boosted its holdings in Anheuser-Busch InBev SA/NV by 7.3% during the first quarter. Hotchkis & Wiley Capital Management LLC now owns 2,790,240 shares of the consumer goods maker’s stock worth $171,767,000 after buying an additional 190,830 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in Anheuser-Busch InBev SA/NV by 24.8% during the first quarter. Raymond James Financial Inc. now owns 929,927 shares of the consumer goods maker’s stock worth $57,246,000 after buying an additional 184,749 shares during the last quarter. Institutional investors own 5.53% of the company’s stock.
Anheuser-Busch InBev SA/NV Trading Down 0.9%
BUD opened at $59.17 on Monday. The firm’s fifty day simple moving average is $61.72 and its 200 day simple moving average is $64.88. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $72.13. The stock has a market capitalization of $115.54 billion, a P/E ratio of 16.62, a P/E/G ratio of 1.67 and a beta of 0.79. The company has a current ratio of 0.64, a quick ratio of 0.48 and a debt-to-equity ratio of 0.79.
Analyst Ratings Changes
A number of analysts recently weighed in on BUD shares. Royal Bank Of Canada reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, September 17th. Sanford C. Bernstein reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Monday, September 15th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, September 10th. The Goldman Sachs Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday. Finally, UBS Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, September 18th. Three investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $71.00.
View Our Latest Stock Report on Anheuser-Busch InBev SA/NV
Anheuser-Busch InBev SA/NV 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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