Anheuser-Busch InBev SA/NV (NYSE:BUD) Holdings Raised by Penn Davis Mcfarland Inc.

Penn Davis Mcfarland Inc. lifted its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 34.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 467,519 shares of the consumer goods maker's stock after purchasing an additional 118,686 shares during the quarter. Anheuser-Busch InBev SA/NV comprises approximately 2.5% of Penn Davis Mcfarland Inc.'s holdings, making the stock its 13th largest holding. Penn Davis Mcfarland Inc.'s holdings in Anheuser-Busch InBev SA/NV were worth $23,409,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. UMB Bank n.a. increased its position in shares of Anheuser-Busch InBev SA/NV by 234.0% in the fourth quarter. UMB Bank n.a. now owns 1,984 shares of the consumer goods maker's stock worth $99,000 after acquiring an additional 1,390 shares in the last quarter. LVW Advisors LLC increased its holdings in Anheuser-Busch InBev SA/NV by 33.2% in the 4th quarter. LVW Advisors LLC now owns 6,444 shares of the consumer goods maker's stock valued at $323,000 after purchasing an additional 1,606 shares in the last quarter. Premier Path Wealth Partners LLC raised its position in Anheuser-Busch InBev SA/NV by 13.3% in the fourth quarter. Premier Path Wealth Partners LLC now owns 21,488 shares of the consumer goods maker's stock valued at $1,076,000 after purchasing an additional 2,527 shares during the period. Integrated Investment Consultants LLC lifted its stake in shares of Anheuser-Busch InBev SA/NV by 1.6% during the fourth quarter. Integrated Investment Consultants LLC now owns 28,993 shares of the consumer goods maker's stock worth $1,452,000 after purchasing an additional 464 shares in the last quarter. Finally, Brooklyn Investment Group purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the fourth quarter worth about $50,000. Institutional investors and hedge funds own 5.53% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Evercore ISI upgraded Anheuser-Busch InBev SA/NV to a "strong-buy" rating in a report on Monday, September 30th. TD Cowen decreased 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, January 8th. Barclays raised shares of Anheuser-Busch InBev SA/NV to a "strong-buy" rating in a report on Wednesday, October 9th. Finally, Citigroup raised shares of Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating in a research report on Tuesday, October 1st. One analyst has rated the stock with a hold rating, three have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $64.00.

Anheuser-Busch InBev SA/NV Stock Up 1.8 %

BUD traded up $0.87 during trading on Monday, hitting $47.99. The company had a trading volume of 2,504,273 shares, compared to its average volume of 1,888,273. The company has a market cap of $86.25 billion, a PE ratio of 14.81, a P/E/G ratio of 1.48 and a beta of 1.09. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. Anheuser-Busch InBev SA/NV has a 1-year low of $45.94 and a 1-year high of $67.49. The business has a 50-day moving average of $51.90 and a 200-day moving average of $58.63.

About Anheuser-Busch InBev SA/NV

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.