PFG Investments LLC Takes Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

PFG Investments LLC purchased a new stake in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 5,450 shares of the consumer goods maker's stock, valued at approximately $273,000.

Several other institutional investors have also added to or reduced their stakes in the business. Fisher Asset Management LLC increased its position in shares of 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 acquiring an additional 587,329 shares during the period. Holocene Advisors LP grew its stake in Anheuser-Busch InBev SA/NV by 22.8% during the 3rd quarter. Holocene Advisors LP now owns 4,331,636 shares of the consumer goods maker's stock valued at $287,144,000 after purchasing an additional 803,257 shares during the last quarter. Douglass Winthrop Advisors LLC increased its holdings in shares of Anheuser-Busch InBev SA/NV by 2.9% in the third quarter. Douglass Winthrop Advisors LLC now owns 1,286,674 shares of the consumer goods maker's stock valued at $85,294,000 after purchasing an additional 35,757 shares during the period. Seafarer Capital Partners LLC raised its stake in shares of Anheuser-Busch InBev SA/NV by 11.2% in the third quarter. Seafarer Capital Partners LLC now owns 1,059,000 shares of the consumer goods maker's stock worth $70,201,000 after purchasing an additional 107,000 shares during the last quarter. Finally, FMR LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 7.0% during the third quarter. FMR LLC now owns 732,459 shares of the consumer goods maker's stock worth $48,555,000 after purchasing an additional 47,684 shares during the period. Institutional investors and hedge funds own 5.53% of the company's stock.

Analyst Ratings Changes

BUD has been the topic of several research reports. Barclays upgraded shares of Anheuser-Busch InBev SA/NV to a "strong-buy" rating in a report on Wednesday, October 9th. TD Cowen cut their price objective 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. 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's stock. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV has a consensus rating of "Buy" and a consensus price target of $64.00.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD traded up $0.03 during mid-day trading on Tuesday, reaching $48.72. The company had a trading volume of 1,263,516 shares, compared to its average volume of 2,407,676. The stock has a 50 day moving average of $50.36 and a two-hundred day moving average of $57.73. 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 capitalization of $87.55 billion, a P/E ratio of 15.04, a PEG ratio of 1.60 and a beta of 1.08. Anheuser-Busch InBev SA/NV has a 52-week low of $45.94 and a 52-week high of $67.49.

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.