Callan Capital LLC Purchases 229 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Callan Capital LLC boosted its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 2.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,607 shares of the consumer goods maker’s stock after acquiring an additional 229 shares during the period. Callan Capital LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $531,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. boosted its holdings in Anheuser-Busch InBev SA/NV by 37.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 57,870 shares of the consumer goods maker’s stock valued at $3,836,000 after acquiring an additional 15,837 shares during the last quarter. Alberta Investment Management Corp bought a new position in Anheuser-Busch InBev SA/NV in the fourth quarter valued at about $28,540,000. Fisher Asset Management LLC boosted its holdings in Anheuser-Busch InBev SA/NV by 6.0% in the third 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 last quarter. Blue Trust Inc. boosted its holdings in Anheuser-Busch InBev SA/NV by 15.8% in the fourth quarter. Blue Trust Inc. now owns 3,409 shares of the consumer goods maker’s stock valued at $171,000 after acquiring an additional 464 shares during the last quarter. Finally, B. Metzler seel. Sohn & Co. Holding AG bought a new position in Anheuser-Busch InBev SA/NV in the third quarter valued at about $1,865,000. Institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD opened at $54.01 on Friday. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $67.49. The stock has a market cap of $97.06 billion, a P/E ratio of 16.67, a price-to-earnings-growth ratio of 1.73 and a beta of 1.08. The stock’s 50-day moving average price is $49.89 and its two-hundred day moving average price is $56.87.

Wall Street Analyst Weigh In

Separately, TD Cowen reduced their target price on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating on the stock in a report on Wednesday, January 8th. One research analyst has rated the stock with a hold rating, three have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $64.00.

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.