Natixis Advisors LLC increased its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD – Free Report) by 31.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 193,469 shares of the consumer goods maker’s stock after purchasing an additional 46,047 shares during the quarter. Natixis Advisors LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $12,390,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Victory Capital Management Inc. lifted its holdings in Anheuser-Busch InBev SA/NV by 53.7% in the 3rd quarter. Victory Capital Management Inc. now owns 828,670 shares of the consumer goods maker’s stock worth $49,397,000 after purchasing an additional 289,431 shares during the last quarter. Caprock Group LLC acquired a new stake in Anheuser-Busch InBev SA/NV in the 3rd quarter worth approximately $818,000. Aquatic Capital Management LLC acquired a new stake in Anheuser-Busch InBev SA/NV in the 3rd quarter worth approximately $5,355,000. Fisher Asset Management LLC lifted its holdings in Anheuser-Busch InBev SA/NV by 3.3% in the 4th quarter. Fisher Asset Management LLC now owns 11,380,404 shares of the consumer goods maker’s stock worth $728,801,000 after purchasing an additional 368,721 shares during the last quarter. Finally, Alberta Investment Management Corp lifted its holdings in Anheuser-Busch InBev SA/NV by 30.4% in the 3rd quarter. Alberta Investment Management Corp now owns 730,000 shares of the consumer goods maker’s stock worth $43,515,000 after purchasing an additional 170,000 shares during the last quarter. 5.53% of the stock is currently owned by institutional investors and hedge funds.
Anheuser-Busch InBev SA/NV Stock Up 0.8%
Shares of BUD stock opened at $78.56 on Friday. Anheuser-Busch InBev SA/NV has a 12 month low of $56.97 and a 12 month high of $84.46. The firm has a market cap of $153.23 billion, a PE ratio of 21.46, a price-to-earnings-growth ratio of 1.27 and a beta of 0.59. The stock has a 50 day moving average of $76.80 and a 200-day moving average of $71.72. The company has a quick ratio of 0.57, a current ratio of 0.72 and a debt-to-equity ratio of 0.74.
Analyst Ratings Changes
A number of research analysts have recently commented on BUD shares. Royal Bank Of Canada reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, May 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a report on Monday, June 1st. Deutsche Bank Aktiengesellschaft reiterated a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, May 6th. UBS Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, May 6th. Finally, Berenberg Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday. Eleven analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $93.42.
Get Our Latest Analysis on BUD
Anheuser-Busch InBev SA/NV Company Profile
Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.
AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.
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