GFS Advisors LLC Purchases 15,770 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

GFS Advisors LLC raised its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 8.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 211,825 shares of the consumer goods maker's stock after buying an additional 15,770 shares during the quarter. Anheuser-Busch InBev SA/NV accounts for about 1.6% of GFS Advisors LLC's holdings, making the stock its 23rd biggest position. GFS Advisors LLC's holdings in Anheuser-Busch InBev SA/NV were worth $10,606,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in the stock. Creative Planning increased its stake in shares of Anheuser-Busch InBev SA/NV by 11.3% during the 2nd quarter. Creative Planning now owns 52,041 shares of the consumer goods maker's stock worth $3,026,000 after purchasing an additional 5,279 shares during the last quarter. B. Riley Wealth Advisors Inc. increased its stake in shares of Anheuser-Busch InBev SA/NV by 6.6% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 9,765 shares of the consumer goods maker's stock worth $568,000 after purchasing an additional 606 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV during the 2nd quarter worth $5,142,000. GAMMA Investing LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 32.9% during the 3rd quarter. GAMMA Investing LLC now owns 1,530 shares of the consumer goods maker's stock worth $101,000 after purchasing an additional 379 shares during the last quarter. Finally, Eagle Rock Investment Company LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV during the 3rd quarter worth $313,000. Institutional investors and hedge funds own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE BUD traded up $0.03 during midday trading on Tuesday, hitting $48.72. The company had a trading volume of 957,729 shares, compared to its average volume of 2,392,417. The firm has a fifty day simple moving average of $50.36 and a two-hundred day simple moving average of $57.73. Anheuser-Busch InBev SA/NV has a fifty-two week low of $45.94 and a fifty-two week 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 $87.55 billion, a price-to-earnings ratio of 15.04, a P/E/G ratio of 1.60 and a beta of 1.08.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on BUD shares. TD Cowen dropped their price target 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 note on Wednesday, January 8th. Barclays raised shares of Anheuser-Busch InBev SA/NV to a "strong-buy" rating in a report on Wednesday, October 9th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus 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.