Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Purchased by Venturi Wealth Management LLC

Venturi Wealth Management LLC grew its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 53.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 14,242 shares of the consumer goods maker's stock after buying an additional 4,966 shares during the period. Venturi Wealth Management LLC's holdings in Anheuser-Busch InBev SA/NV were worth $713,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. Charles Schwab Investment Management Inc. boosted its stake in shares of Anheuser-Busch InBev SA/NV by 37.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 57,870 shares of the consumer goods maker's stock worth $3,836,000 after buying an additional 15,837 shares during the last quarter. Fisher Asset Management LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 6.0% in the 3rd quarter. Fisher Asset Management LLC now owns 10,307,014 shares of the consumer goods maker's stock worth $683,252,000 after buying an additional 587,329 shares during the period. Blue Trust Inc. boosted its position in Anheuser-Busch InBev SA/NV by 15.8% during the 4th quarter. Blue Trust Inc. now owns 3,409 shares of the consumer goods maker's stock valued at $171,000 after acquiring an additional 464 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG purchased a new position in Anheuser-Busch InBev SA/NV in the third quarter worth $1,865,000. Finally, Cerity Partners LLC raised its holdings in shares of Anheuser-Busch InBev SA/NV by 61.9% in the third quarter. Cerity Partners LLC now owns 61,061 shares of the consumer goods maker's stock worth $4,048,000 after buying an additional 23,348 shares during the last quarter. 5.53% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, TD Cowen reduced their price target on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a "hold" rating for the company in a report on Wednesday, January 8th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $64.00.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE:BUD traded up $1.04 during mid-day trading on Friday, reaching $54.19. 1,017,066 shares of the stock were exchanged, compared to its average volume of 2,214,835. The company has a 50 day simple moving average of $49.87 and a 200-day simple moving average of $56.94. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $67.49. The stock has a market capitalization of $97.38 billion, a P/E ratio of 16.73, a P/E/G ratio of 1.72 and a beta of 1.08. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85.

About Anheuser-Busch InBev SA/NV

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.