Capital International Investors lowered its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD – Free Report) by 0.8% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,586,175 shares of the consumer goods maker’s stock after selling 12,633 shares during the period. Capital International Investors owned approximately 0.08% of Anheuser-Busch InBev SA/NV worth $102,483,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in the business. Fisher Asset Management LLC grew its holdings in shares of Anheuser-Busch InBev SA/NV by 3.3% in the fourth quarter. Fisher Asset Management LLC now owns 11,380,404 shares of the consumer goods maker’s stock valued at $728,801,000 after purchasing an additional 368,721 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in Anheuser-Busch InBev SA/NV by 1.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 4,009,863 shares of the consumer goods maker’s stock worth $256,792,000 after acquiring an additional 42,009 shares during the last quarter. Bank of America Corp DE lifted its stake in Anheuser-Busch InBev SA/NV by 12.8% in the third quarter. Bank of America Corp DE now owns 3,770,946 shares of the consumer goods maker’s stock worth $224,786,000 after acquiring an additional 426,495 shares during the last quarter. Hotchkis & Wiley Capital Management LLC lifted its stake in Anheuser-Busch InBev SA/NV by 22.9% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 1,511,840 shares of the consumer goods maker’s stock worth $90,121,000 after acquiring an additional 281,400 shares during the last quarter. Finally, Bank of Montreal Can lifted its stake in Anheuser-Busch InBev SA/NV by 150.6% in the third quarter. Bank of Montreal Can now owns 1,188,876 shares of the consumer goods maker’s stock worth $70,869,000 after acquiring an additional 714,420 shares during the last quarter. Institutional investors and hedge funds own 5.53% of the company’s stock.
Anheuser-Busch InBev SA/NV Stock Up 0.3%
BUD stock opened at $78.77 on Tuesday. 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 twelve month low of $56.97 and a twelve month high of $84.46. The company’s 50 day moving average is $77.02 and its two-hundred day moving average is $71.91. The stock has a market cap of $153.63 billion, a P/E ratio of 21.52, a PEG ratio of 1.27 and a beta of 0.59.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on BUD. Deutsche Bank Aktiengesellschaft reiterated a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, May 6th. Barclays reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, May 5th. DZ Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, May 21st. JPMorgan Chase & Co. lifted their price target on shares of Anheuser-Busch InBev SA/NV from $84.00 to $93.83 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Monday, June 1st. Eleven equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Anheuser-Busch InBev SA/NV presently has an average rating of “Moderate Buy” and an average target price of $93.42.
Read Our Latest Research Report on Anheuser-Busch InBev SA/NV
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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