Thompson Siegel & Walmsley LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD – Free Report) by 3.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 202,648 shares of the consumer goods maker’s stock after purchasing an additional 7,280 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $12,978,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of the business. Brucke Financial Inc. raised its position in shares of Anheuser-Busch InBev SA/NV by 2.9% during the fourth quarter. Brucke Financial Inc. now owns 6,235 shares of the consumer goods maker’s stock worth $399,000 after purchasing an additional 178 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in Anheuser-Busch InBev SA/NV by 0.4% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 46,080 shares of the consumer goods maker’s stock valued at $2,747,000 after buying an additional 189 shares during the last quarter. National Bank of Canada FI raised its position in Anheuser-Busch InBev SA/NV by 7.6% in the 3rd quarter. National Bank of Canada FI now owns 3,535 shares of the consumer goods maker’s stock valued at $211,000 after buying an additional 251 shares during the last quarter. Personal CFO Solutions LLC raised its position in Anheuser-Busch InBev SA/NV by 3.9% in the 3rd quarter. Personal CFO Solutions LLC now owns 7,092 shares of the consumer goods maker’s stock valued at $423,000 after buying an additional 265 shares during the last quarter. Finally, Avidian Wealth Enterprises LLC raised its position in Anheuser-Busch InBev SA/NV by 5.5% in the 4th quarter. Avidian Wealth Enterprises LLC now owns 5,595 shares of the consumer goods maker’s stock valued at $358,000 after buying an additional 293 shares during the last quarter. Institutional investors and hedge funds own 5.53% of the company’s stock.
Anheuser-Busch InBev SA/NV Stock Performance
Shares of NYSE BUD opened at $80.11 on Monday. The company has a current ratio of 0.72, a quick ratio of 0.57 and a debt-to-equity ratio of 0.74. Anheuser-Busch InBev SA/NV has a 12 month low of $56.97 and a 12 month high of $84.46. The stock has a 50 day moving average of $75.72 and a 200-day moving average of $71.24. The company has a market capitalization of $156.25 billion, a P/E ratio of 21.89, a P/E/G ratio of 1.31 and a beta of 0.59.
Analyst Ratings Changes
BUD has been the topic of a number of recent research reports. Wells Fargo & Company lifted their target price on Anheuser-Busch InBev SA/NV from $88.00 to $93.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. Berenberg Bank reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, May 6th. Barclays reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 5th. DZ Bank reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, May 21st. Finally, Royal Bank Of Canada reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 5th. Eleven analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Anheuser-Busch InBev SA/NV currently has a consensus rating of “Moderate Buy” and a consensus target price of $93.42.
Get Our Latest Research Report on BUD
About Anheuser-Busch InBev SA/NV
Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.
AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.
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