Raymond James Financial Services Advisors Inc. raised its position in Anheuser Busch Inbev NV (NYSE:BUD) by 22.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,367 shares of the consumer goods maker’s stock after buying an additional 8,602 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Anheuser Busch Inbev were worth $5,172,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Zions Bancorporation grew its holdings in shares of Anheuser Busch Inbev by 800.0% during the 3rd quarter. Zions Bancorporation now owns 882 shares of the consumer goods maker’s stock worth $106,000 after purchasing an additional 784 shares in the last quarter. Bank of Nova Scotia Trust Co. acquired a new stake in shares of Anheuser Busch Inbev during the 3rd quarter worth $112,000. San Francisco Sentry Investment Group CA grew its holdings in shares of Anheuser Busch Inbev by 138.5% during the 4th quarter. San Francisco Sentry Investment Group CA now owns 1,240 shares of the consumer goods maker’s stock worth $138,000 after purchasing an additional 720 shares in the last quarter. Acropolis Investment Management LLC acquired a new stake in shares of Anheuser Busch Inbev during the 4th quarter worth $167,000. Finally, Bronfman E.L. Rothschild L.P. grew its holdings in shares of Anheuser Busch Inbev by 58.5% during the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 1,694 shares of the consumer goods maker’s stock worth $189,000 after purchasing an additional 625 shares in the last quarter. 5.58% of the stock is currently owned by hedge funds and other institutional investors.
Several analysts have recently issued reports on the company. Zacks Investment Research raised Anheuser Busch Inbev from a “sell” rating to a “hold” rating in a report on Friday, February 16th. JPMorgan Chase & Co. reduced their target price on Anheuser Busch Inbev from $106.68 to $98.72 and set an “underweight” rating on the stock in a report on Thursday, February 15th. Susquehanna Bancshares set a $128.00 target price on Anheuser Busch Inbev and gave the stock a “hold” rating in a report on Tuesday, January 2nd. Societe Generale lowered Anheuser Busch Inbev from a “hold” rating to a “sell” rating in a report on Monday, November 6th. Finally, Deutsche Bank raised Anheuser Busch Inbev from a “hold” rating to a “buy” rating in a report on Wednesday, January 17th. Four analysts have rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $123.05.
Shares of Anheuser Busch Inbev NV (NYSE BUD) opened at $107.25 on Friday. The firm has a market capitalization of $181,600.20, a PE ratio of 39.43, a P/E/G ratio of 1.33 and a beta of 1.04. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.82 and a quick ratio of 0.71. Anheuser Busch Inbev NV has a 12 month low of $101.21 and a 12 month high of $126.50.
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Anheuser Busch Inbev Company Profile
Anheuser Busch Inbev NV (AB InBev) is a Belgium-based company engaged in the brewers industry. The Company owns a portfolio of over 200 beer brands. The Company’s brand portfolio includes global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck’s, Leffe and Hoegaarden, and local champions, such as Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass and Jupiler.
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