B. Metzler seel. Sohn & Co. Holding AG Takes Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 28,128 shares of the consumer goods maker's stock, valued at approximately $1,865,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Pathstone Holdings LLC raised its position in Anheuser-Busch InBev SA/NV by 9.9% in the 3rd quarter. Pathstone Holdings LLC now owns 144,066 shares of the consumer goods maker's stock valued at $9,550,000 after buying an additional 13,008 shares during the last quarter. Thrivent Financial for Lutherans purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 3rd quarter valued at $220,000. Natixis Advisors LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 3.0% during the 3rd quarter. Natixis Advisors LLC now owns 159,576 shares of the consumer goods maker's stock valued at $10,578,000 after purchasing an additional 4,615 shares during the last quarter. Cable Hill Partners LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 5.6% during the 3rd quarter. Cable Hill Partners LLC now owns 9,200 shares of the consumer goods maker's stock valued at $610,000 after purchasing an additional 484 shares during the last quarter. Finally, MQS Management LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 3rd quarter valued at $323,000. 5.53% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on BUD shares. Citigroup raised Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating in a research report on Tuesday, October 1st. Barclays raised Anheuser-Busch InBev SA/NV to a "strong-buy" rating in a research report on Wednesday, October 9th. TD Cowen downgraded Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating and increased their price target for the stock from $68.00 to $88.00 in a research note on Tuesday, October 8th. Morgan Stanley increased their price target on Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the stock an "overweight" rating in a research note on Tuesday, September 10th. Finally, Evercore ISI upgraded Anheuser-Busch InBev SA/NV to a "strong-buy" rating in a research note on Monday, September 30th. Three equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV has a consensus rating of "Moderate Buy" and a consensus price target of $79.00.

Anheuser-Busch InBev SA/NV Price Performance

NYSE BUD traded up $0.03 during trading hours on Friday, hitting $54.72. The company had a trading volume of 1,919,828 shares, compared to its average volume of 1,643,947. Anheuser-Busch InBev SA/NV has a 52 week low of $54.51 and a 52 week high of $67.49. The firm has a 50 day simple moving average of $62.09 and a 200 day simple moving average of $61.82. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. The firm has a market capitalization of $98.34 billion, a price-to-earnings ratio of 16.89, a PEG ratio of 1.79 and a beta of 1.12.

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.