First Personal Financial Services Buys 205 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

First Personal Financial Services boosted its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 51.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 605 shares of the consumer goods maker’s stock after purchasing an additional 205 shares during the period. First Personal Financial Services’ holdings in Anheuser-Busch InBev SA/NV were worth $40,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Allspring Global Investments Holdings LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth approximately $106,000. Private Advisor Group LLC boosted its position in shares of Anheuser-Busch InBev SA/NV by 8.0% in the 1st quarter. Private Advisor Group LLC now owns 10,635 shares of the consumer goods maker’s stock worth $646,000 after purchasing an additional 784 shares in the last quarter. BNP Paribas Financial Markets boosted its position in shares of Anheuser-Busch InBev SA/NV by 62.8% in the 1st quarter. BNP Paribas Financial Markets now owns 7,389 shares of the consumer goods maker’s stock worth $449,000 after purchasing an additional 2,851 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in shares of Anheuser-Busch InBev SA/NV by 1.1% in the 1st quarter. Janney Montgomery Scott LLC now owns 31,386 shares of the consumer goods maker’s stock worth $1,908,000 after purchasing an additional 354 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its position in shares of Anheuser-Busch InBev SA/NV by 1.6% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 13,566 shares of the consumer goods maker’s stock worth $825,000 after purchasing an additional 210 shares in the last quarter. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on BUD shares. Barclays raised Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Wednesday, October 9th. TD Cowen cut Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating and upped their price objective for the company from $68.00 to $88.00 in a research report on Tuesday, October 8th. Citigroup raised Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a report on Tuesday, October 1st. Morgan Stanley increased their price target 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, Evercore ISI upgraded Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research note on Monday, September 30th. Three equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, Anheuser-Busch InBev SA/NV has an average rating of “Moderate Buy” and an average target price of $79.00.

Anheuser-Busch InBev SA/NV Trading Down 0.9 %

NYSE BUD opened at $57.28 on Friday. The company has a market capitalization of $102.94 billion, a PE ratio of 17.68, a P/E/G ratio of 1.84 and a beta of 1.12. The company has a fifty day moving average of $63.59 and a 200 day moving average of $62.09. Anheuser-Busch InBev SA/NV has a 1 year low of $56.43 and a 1 year high of $67.49. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51.

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.