Hantz Financial Services Inc. Increases Position in Anheuser-Busch InBev SA/NV $BUD

Hantz Financial Services Inc. increased its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 71.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,746 shares of the consumer goods maker’s stock after buying an additional 7,417 shares during the period. Hantz Financial Services Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $1,058,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Fisher Asset Management LLC lifted its position in shares of Anheuser-Busch InBev SA/NV by 4.5% during the 2nd quarter. Fisher Asset Management LLC now owns 10,663,933 shares of the consumer goods maker’s stock valued at $732,826,000 after acquiring an additional 454,621 shares during the period. Bank of America Corp DE grew its holdings in shares of Anheuser-Busch InBev SA/NV by 23.7% in the 2nd quarter. Bank of America Corp DE now owns 3,344,451 shares of the consumer goods maker’s stock worth $229,831,000 after acquiring an additional 641,158 shares during the period. Goldman Sachs Group Inc. increased its stake in Anheuser-Busch InBev SA/NV by 25.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,318,248 shares of the consumer goods maker’s stock valued at $81,151,000 after purchasing an additional 265,783 shares in the last quarter. Seafarer Capital Partners LLC raised its holdings in Anheuser-Busch InBev SA/NV by 1.5% during the third quarter. Seafarer Capital Partners LLC now owns 1,034,000 shares of the consumer goods maker’s stock worth $61,637,000 after purchasing an additional 15,000 shares during the last quarter. Finally, Holocene Advisors LP acquired a new position in Anheuser-Busch InBev SA/NV during the second quarter worth $33,999,000. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Price Performance

Anheuser-Busch InBev SA/NV stock opened at $75.77 on Friday. The stock has a market capitalization of $147.95 billion, a P/E ratio of 24.76, a P/E/G ratio of 1.57 and a beta of 0.55. Anheuser-Busch InBev SA/NV has a 12-month low of $50.12 and a 12-month high of $76.30. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.64 and a quick ratio of 0.48. The firm’s 50-day moving average is $66.26 and its two-hundred day moving average is $63.15.

Analyst Ratings Changes

Several analysts have weighed in on BUD shares. Wells Fargo & Company initiated coverage on Anheuser-Busch InBev SA/NV in a report on Wednesday, November 19th. They issued an “overweight” rating and a $75.00 target price on the stock. Barclays reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, December 11th. Weiss Ratings restated a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Monday, December 29th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday. Finally, Berenberg Bank restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV presently has a consensus rating of “Moderate Buy” and an average target price of $77.67.

Anheuser-Busch InBev SA/NV Profile

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.