Brooklyn Investment Group Makes New Investment in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Brooklyn Investment Group purchased a new stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 997 shares of the consumer goods maker’s stock, valued at approximately $50,000.

A number of other institutional investors have also recently modified their holdings of the business. Rhumbline Advisers lifted its holdings in Anheuser-Busch InBev SA/NV by 5.7% in the second quarter. Rhumbline Advisers now owns 17,632 shares of the consumer goods maker’s stock valued at $1,025,000 after acquiring an additional 944 shares during the period. American Century Companies Inc. lifted its stake in shares of Anheuser-Busch InBev SA/NV by 21.9% in the second quarter. American Century Companies Inc. now owns 166,846 shares of the consumer goods maker’s stock valued at $9,702,000 after purchasing an additional 29,944 shares during the period. Mercer Global Advisors Inc. ADV boosted its holdings in Anheuser-Busch InBev SA/NV by 90.2% during the second quarter. Mercer Global Advisors Inc. ADV now owns 56,198 shares of the consumer goods maker’s stock worth $3,260,000 after buying an additional 26,649 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its position in Anheuser-Busch InBev SA/NV by 16.7% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 33,806 shares of the consumer goods maker’s stock worth $1,960,000 after buying an additional 4,849 shares during the period. Finally, Benjamin F. Edwards & Company Inc. increased its holdings in Anheuser-Busch InBev SA/NV by 22.5% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 5,165 shares of the consumer goods maker’s stock valued at $300,000 after buying an additional 948 shares in the last quarter. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. TD Cowen lowered their price target 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. Citigroup upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 1st. Evercore ISI upgraded shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Monday, September 30th. Finally, Barclays upgraded shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a report on Wednesday, October 9th. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $64.00.

Anheuser-Busch InBev SA/NV Stock Performance

Anheuser-Busch InBev SA/NV stock opened at $47.99 on Monday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. Anheuser-Busch InBev SA/NV has a fifty-two week low of $45.94 and a fifty-two week high of $67.49. The stock has a fifty day moving average of $51.90 and a two-hundred day moving average of $58.64. The company has a market capitalization of $86.25 billion, a price-to-earnings ratio of 14.81, a PEG ratio of 1.48 and a beta of 1.09.

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.