First Hawaiian Bank Raises Stock Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

First Hawaiian Bank lifted its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 27.7% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 50,092 shares of the consumer goods maker's stock after buying an additional 10,870 shares during the quarter. First Hawaiian Bank's holdings in Anheuser-Busch InBev SA/NV were worth $2,508,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Charles Schwab Investment Management Inc. grew its stake in Anheuser-Busch InBev SA/NV by 37.7% during the third 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 in the last quarter. Fisher Asset Management LLC raised its holdings in 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 valued at $683,252,000 after buying an additional 587,329 shares during the last quarter. B. Metzler seel. Sohn & Co. Holding AG acquired a new position in Anheuser-Busch InBev SA/NV in the 3rd quarter valued at approximately $1,865,000. Cerity Partners LLC grew its position in shares of Anheuser-Busch InBev SA/NV by 61.9% in the 3rd quarter. Cerity Partners LLC now owns 61,061 shares of the consumer goods maker's stock valued at $4,048,000 after buying an additional 23,348 shares during the last quarter. Finally, Brophy Wealth Management LLC bought a new stake in Anheuser-Busch InBev SA/NV in the third quarter valued at approximately $946,000. Institutional investors own 5.53% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. TD Cowen lowered their target price on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a "hold" rating for the company in a research note on Wednesday. Evercore ISI raised shares of Anheuser-Busch InBev SA/NV to a "strong-buy" rating in a research report on Monday, September 30th. Barclays upgraded shares of Anheuser-Busch InBev SA/NV to a "strong-buy" rating in a report on Wednesday, October 9th. Finally, Citigroup upgraded Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating in a report on Tuesday, October 1st. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Buy" and an average price target of $68.00.

Anheuser-Busch InBev SA/NV Price Performance

Anheuser-Busch InBev SA/NV stock traded down $0.22 during mid-day trading on Thursday, hitting $49.00. 1,678,832 shares of the company traded hands, compared to its average volume of 2,221,401. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. Anheuser-Busch InBev SA/NV has a one year low of $48.55 and a one year high of $67.49. The stock has a market cap of $88.06 billion, a price-to-earnings ratio of 15.12, a price-to-earnings-growth ratio of 1.68 and a beta of 1.09. The stock has a fifty day moving average price of $53.26 and a 200-day moving average price of $59.16.

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.