Sei Investments Co. lifted its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD – Free Report) by 47.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 321,937 shares of the consumer goods maker’s stock after buying an additional 103,312 shares during the quarter. Sei Investments Co.’s holdings in Anheuser-Busch InBev SA/NV were worth $16,116,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in the company. Holocene Advisors LP grew its holdings in Anheuser-Busch InBev SA/NV by 22.8% during the 3rd quarter. Holocene Advisors LP now owns 4,331,636 shares of the consumer goods maker’s stock worth $287,144,000 after acquiring an additional 803,257 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Anheuser-Busch InBev SA/NV during the fourth quarter worth approximately $37,311,000. FMR LLC lifted its position in shares of Anheuser-Busch InBev SA/NV by 7.0% during the 3rd quarter. FMR LLC now owns 732,459 shares of the consumer goods maker’s stock worth $48,555,000 after buying an additional 47,684 shares during the last quarter. Alberta Investment Management Corp acquired a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at $28,540,000. Finally, Penn Davis Mcfarland Inc. grew its position in shares of Anheuser-Busch InBev SA/NV by 34.0% in the 4th quarter. Penn Davis Mcfarland Inc. now owns 467,519 shares of the consumer goods maker’s stock valued at $23,409,000 after buying an additional 118,686 shares during the last quarter. 5.53% of the stock is currently owned by hedge funds and other institutional investors.
Anheuser-Busch InBev SA/NV Price Performance
Shares of NYSE:BUD opened at $62.01 on Friday. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $67.49. The company has a 50-day simple moving average of $55.90 and a 200-day simple moving average of $56.90. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. The stock has a market capitalization of $111.45 billion, a price-to-earnings ratio of 19.14, a PEG ratio of 1.73 and a beta of 0.96.
Analyst Upgrades and Downgrades
Several equities analysts have issued reports on BUD shares. TD Cowen decreased their price objective on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating for the company in a research note on Wednesday, January 8th. Argus raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 target price for the company in a report on Thursday. Finally, Deutsche Bank Aktiengesellschaft upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research note on Monday, March 3rd. One research analyst has rated the stock with a hold rating, five have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV has a consensus rating of “Buy” and an average target price of $66.00.
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.
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