Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Purchased by Douglass Winthrop Advisors LLC

Douglass Winthrop Advisors LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 2.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,286,674 shares of the consumer goods maker's stock after acquiring an additional 35,757 shares during the period. Anheuser-Busch InBev SA/NV accounts for approximately 1.6% of Douglass Winthrop Advisors LLC's investment portfolio, making the stock its 29th biggest holding. Douglass Winthrop Advisors LLC owned approximately 0.07% of Anheuser-Busch InBev SA/NV worth $85,294,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Ashton Thomas Securities LLC purchased a new position in Anheuser-Busch InBev SA/NV during the 3rd quarter worth approximately $26,000. Blue Trust Inc. grew its stake in shares of Anheuser-Busch InBev SA/NV by 225.0% in the 2nd quarter. Blue Trust Inc. now owns 546 shares of the consumer goods maker's stock valued at $33,000 after purchasing an additional 378 shares during the last quarter. GPS Wealth Strategies Group LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 50.7% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 550 shares of the consumer goods maker's stock valued at $32,000 after purchasing an additional 185 shares during the last quarter. Addison Advisors LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 39.7% in the 2nd quarter. Addison Advisors LLC now owns 591 shares of the consumer goods maker's stock valued at $34,000 after buying an additional 168 shares during the period. Finally, First Personal Financial Services lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 51.3% in the 3rd quarter. First Personal Financial Services now owns 605 shares of the consumer goods maker's stock valued at $40,000 after buying an additional 205 shares during the period. Institutional investors and hedge funds own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Stock Up 0.6 %

Shares of NYSE BUD traded up $0.31 on Monday, hitting $55.04. The company had a trading volume of 1,800,676 shares, compared to its average volume of 1,644,653. Anheuser-Busch InBev SA/NV has a 12-month low of $54.51 and a 12-month high of $67.49. The business has a 50 day moving average of $61.89 and a two-hundred day moving average of $61.76. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. The firm has a market capitalization of $98.92 billion, a P/E ratio of 16.99, a PEG ratio of 1.75 and a beta of 1.12.

Wall Street Analysts Forecast Growth

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

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.