Natixis Advisors LLC lifted its position in Anheuser-Busch InBev SA/NV (NYSE:BUD – Free Report) by 31.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor 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.
A number of other large investors have also modified their holdings of the company. BNP Paribas acquired a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at $1,921,000. Thompson Siegel & Walmsley LLC grew its position in Anheuser-Busch InBev SA/NV by 3.7% in the fourth quarter. Thompson Siegel & Walmsley LLC now owns 202,648 shares of the consumer goods maker’s stock valued at $12,978,000 after acquiring an additional 7,280 shares during the period. Founders Financial Securities LLC grew its position in Anheuser-Busch InBev SA/NV by 6.5% in the fourth quarter. Founders Financial Securities LLC now owns 18,221 shares of the consumer goods maker’s stock valued at $1,167,000 after acquiring an additional 1,120 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in Anheuser-Busch InBev SA/NV by 10.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 50,675 shares of the consumer goods maker’s stock valued at $3,245,000 after acquiring an additional 4,595 shares during the period. Finally, Savant Capital LLC grew its position in Anheuser-Busch InBev SA/NV by 8.8% in the fourth quarter. Savant Capital LLC now owns 4,812 shares of the consumer goods maker’s stock valued at $308,000 after acquiring an additional 388 shares during the period. 5.53% of the stock is currently owned by institutional investors and hedge funds.
Anheuser-Busch InBev SA/NV Price Performance
Shares of BUD stock opened at $78.56 on Friday. The stock’s fifty day moving average is $76.80 and its 200-day moving average is $71.72. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.57 and a current ratio of 0.72. The stock has a market capitalization of $153.23 billion, a PE ratio of 21.46, a PEG ratio of 1.27 and a beta of 0.59. Anheuser-Busch InBev SA/NV has a 52 week low of $56.97 and a 52 week high of $84.46.
Analyst Ratings Changes
BUD has been the topic of a number of analyst reports. JPMorgan Chase & Co. upped their price target on Anheuser-Busch InBev SA/NV from $84.00 to $93.83 and gave the company an “overweight” rating in a research report on Thursday, May 7th. UBS Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, May 6th. Berenberg Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday. Barclays reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 5th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, May 5th. Eleven investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $93.42.
Read Our Latest Analysis on BUD
Anheuser-Busch InBev SA/NV 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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