Vontobel Holding Ltd. Takes Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Vontobel Holding Ltd. acquired a new stake in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 7,504 shares of the consumer goods maker's stock, valued at approximately $376,000.

Several other large investors have also made changes to their positions in the business. Ashton Thomas Securities LLC purchased a new stake in Anheuser-Busch InBev SA/NV during the third quarter worth $26,000. Legacy Investment Solutions LLC acquired a new position in Anheuser-Busch InBev SA/NV during the third quarter worth $27,000. R Squared Ltd acquired a new position in Anheuser-Busch InBev SA/NV during the fourth quarter worth $30,000. First Personal Financial Services raised its position in Anheuser-Busch InBev SA/NV by 51.3% during the third quarter. First Personal Financial Services now owns 605 shares of the consumer goods maker's stock worth $40,000 after acquiring an additional 205 shares during the period. Finally, Empowered Funds LLC acquired a new position in Anheuser-Busch InBev SA/NV during the fourth quarter worth $49,000. 5.53% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, TD Cowen reduced their price objective 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 report on Wednesday, January 8th. 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, Anheuser-Busch InBev SA/NV presently has an average rating of "Buy" and a consensus price target of $64.00.

Anheuser-Busch InBev SA/NV Price Performance

Shares of NYSE BUD traded up $0.86 during mid-day trading on Friday, reaching $54.01. The company's stock had a trading volume of 1,740,872 shares, compared to its average volume of 2,239,362. The stock has a 50-day moving average of $49.87 and a two-hundred day moving average of $56.94. The stock has a market capitalization of $97.06 billion, a P/E ratio of 16.67, a P/E/G ratio of 1.72 and a beta of 1.08. 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 1-year low of $45.94 and a 1-year 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.