B&D White Capital Company LLC Takes $290,000 Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

B&D White Capital Company LLC bought a new stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 5,800 shares of the consumer goods maker's stock, valued at approximately $290,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Allspring Global Investments Holdings LLC boosted its position in Anheuser-Busch InBev SA/NV by 28.4% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 6,930 shares of the consumer goods maker's stock valued at $459,000 after acquiring an additional 1,534 shares in the last quarter. Sequoia Financial Advisors LLC boosted its position in shares of Anheuser-Busch InBev SA/NV by 6.4% during the third quarter. Sequoia Financial Advisors LLC now owns 8,700 shares of the consumer goods maker's stock valued at $577,000 after purchasing an additional 525 shares in the last quarter. Private Advisor Group LLC boosted its position in shares of Anheuser-Busch InBev SA/NV by 18.4% during the third quarter. Private Advisor Group LLC now owns 13,039 shares of the consumer goods maker's stock valued at $864,000 after purchasing an additional 2,028 shares in the last quarter. Optas LLC bought a new position in Anheuser-Busch InBev SA/NV in the third quarter worth $238,000. Finally, GFS Advisors LLC lifted its position in Anheuser-Busch InBev SA/NV by 56,727.5% during the third quarter. GFS Advisors LLC now owns 196,055 shares of the consumer goods maker's stock valued at $12,996,000 after buying an additional 195,710 shares during the period. Hedge funds and other institutional investors own 5.53% of the company's stock.

Analyst Ratings Changes

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

Anheuser-Busch InBev SA/NV Stock Up 0.9 %

Shares of Anheuser-Busch InBev SA/NV stock traded up $0.47 during midday trading on Monday, hitting $54.48. The company had a trading volume of 2,650,651 shares, compared to its average volume of 2,251,115. Anheuser-Busch InBev SA/NV has a 52-week low of $45.94 and a 52-week high of $67.49. 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 stock has a market capitalization of $97.90 billion, a P/E ratio of 16.81, a P/E/G ratio of 1.73 and a beta of 1.08. The company has a 50 day moving average of $49.89 and a 200 day moving average of $56.85.

Anheuser-Busch InBev SA/NV Company 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.