Quantbot Technologies LP Has $1.58 Million Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Quantbot Technologies LP raised its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 96.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,861 shares of the consumer goods maker's stock after purchasing an additional 11,736 shares during the period. Quantbot Technologies LP's holdings in Anheuser-Busch InBev SA/NV were worth $1,582,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in BUD. FMR LLC grew its position in shares of Anheuser-Busch InBev SA/NV by 7.0% during the 3rd quarter. FMR LLC now owns 732,459 shares of the consumer goods maker's stock valued at $48,555,000 after buying an additional 47,684 shares during the last quarter. D.A. Davidson & CO. grew its position in Anheuser-Busch InBev SA/NV by 6.1% in the 3rd quarter. D.A. Davidson & CO. now owns 55,845 shares of the consumer goods maker's stock worth $3,702,000 after purchasing an additional 3,232 shares during the last quarter. Bank of Montreal Can raised its holdings in shares of Anheuser-Busch InBev SA/NV by 4.2% during the third quarter. Bank of Montreal Can now owns 142,216 shares of the consumer goods maker's stock valued at $9,385,000 after buying an additional 5,681 shares during the last quarter. Douglass Winthrop Advisors LLC boosted its position in shares of Anheuser-Busch InBev SA/NV by 2.9% during the third quarter. Douglass Winthrop Advisors LLC now owns 1,286,674 shares of the consumer goods maker's stock worth $85,294,000 after buying an additional 35,757 shares during the period. Finally, Fisher Asset Management LLC increased its position 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 acquiring an additional 587,329 shares during the period. 5.53% of the stock is currently owned by institutional investors.

Anheuser-Busch InBev SA/NV Stock Down 0.5 %

Shares of BUD traded down $0.28 during trading hours on Friday, reaching $53.80. The company's stock had a trading volume of 1,282,238 shares, compared to its average volume of 1,647,198. The company has a 50 day moving average of $61.12 and a two-hundred day moving average of $61.47. Anheuser-Busch InBev SA/NV has a 1-year low of $53.16 and a 1-year high of $67.49. The firm has a market cap of $96.69 billion, a price-to-earnings ratio of 16.60, a P/E/G ratio of 1.73 and a beta of 1.12. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Barclays raised shares of Anheuser-Busch InBev SA/NV to a "strong-buy" rating in a research note on Wednesday, October 9th. Evercore ISI raised Anheuser-Busch InBev SA/NV to a "strong-buy" rating in a research note on Monday, September 30th. Citigroup upgraded Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating in a research report on Tuesday, October 1st. Morgan Stanley upped their price objective on Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the company an "overweight" rating in a report on Tuesday, September 10th. Finally, TD Cowen lowered Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating and lifted their target price for the stock from $68.00 to $88.00 in a report on Tuesday, October 8th. Three equities 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 stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $79.00.

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.