42,485 Shares in Anheuser-Busch InBev SA/NV (NYSE:BUD) Bought by Empirical Asset Management LLC

Empirical Asset Management LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 42,485 shares of the consumer goods maker's stock, valued at approximately $2,127,000.

A number of other large investors have also modified their holdings of the company. Ashton Thomas Securities LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV in the 3rd quarter valued at $26,000. Legacy Investment Solutions LLC acquired a new stake in Anheuser-Busch InBev SA/NV during the third quarter valued at approximately $27,000. First Personal Financial Services grew its stake 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 purchasing an additional 205 shares during the period. Mather Group LLC. raised its holdings in shares of Anheuser-Busch InBev SA/NV by 96.6% in the 3rd quarter. Mather Group LLC. now owns 643 shares of the consumer goods maker's stock worth $43,000 after buying an additional 316 shares in the last quarter. Finally, Anchor Investment Management LLC grew its position in Anheuser-Busch InBev SA/NV by 120.6% in the third quarter. Anchor Investment Management LLC now owns 772 shares of the consumer goods maker's stock valued at $51,000 after acquiring an additional 422 shares during the period. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Trading Up 1.8 %

BUD stock traded up $0.87 during trading on Friday, hitting $47.99. The company had a trading volume of 2,504,273 shares, compared to its average volume of 1,888,273. The firm has a 50-day moving average price of $51.90 and a 200-day moving average price of $58.64. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $67.49. 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 stock has a market cap of $86.25 billion, a price-to-earnings ratio of 14.81, a PEG ratio of 1.48 and a beta of 1.09.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Citigroup upgraded shares of Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating in a research note on Tuesday, October 1st. Barclays raised shares of Anheuser-Busch InBev SA/NV to a "strong-buy" rating in a report on Wednesday, October 9th. Evercore ISI upgraded Anheuser-Busch InBev SA/NV to a "strong-buy" rating in a research report on Monday, September 30th. Finally, TD Cowen reduced their price objective on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a "hold" rating on the stock in a research note on Wednesday, January 8th. One 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 company. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of $64.00.

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.