2,089 Shares in Anheuser-Busch InBev SA/NV (NYSE:BUD) Bought by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB acquired a new stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 2,089 shares of the consumer goods maker’s stock, valued at approximately $138,000.

Other large investors have also recently made changes to their positions in the company. Holocene Advisors LP boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 22.8% in the 3rd quarter. Holocene Advisors LP now owns 4,331,636 shares of the consumer goods maker’s stock worth $287,144,000 after buying an additional 803,257 shares during the last quarter. Fisher Asset Management LLC boosted its stake 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. Renaissance Technologies LLC grew its position in shares of Anheuser-Busch InBev SA/NV by 672.3% during the 2nd quarter. Renaissance Technologies LLC now owns 600,300 shares of the consumer goods maker’s stock valued at $34,907,000 after acquiring an additional 522,575 shares during the period. International Assets Investment Management LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 3rd quarter worth approximately $154,640,000. Finally, GFS Advisors LLC raised its holdings in shares of Anheuser-Busch InBev SA/NV by 56,727.5% in the 3rd quarter. GFS Advisors LLC now owns 196,055 shares of the consumer goods maker’s stock worth $12,996,000 after purchasing an additional 195,710 shares during the period. 5.53% of the stock is owned by hedge funds and other institutional investors.

Anheuser-Busch InBev SA/NV Trading Down 0.0 %

Shares of BUD opened at $50.10 on Friday. The business’s 50-day moving average price is $57.64 and its 200-day moving average price is $60.31. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. Anheuser-Busch InBev SA/NV has a twelve month low of $49.83 and a twelve month high of $67.49. The stock has a market cap of $90.04 billion, a PE ratio of 15.46, a P/E/G ratio of 1.68 and a beta of 1.08.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on BUD shares. Evercore ISI raised Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Monday, September 30th. Barclays raised Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a report on Wednesday, October 9th. Morgan Stanley upped their price objective on shares of Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the company an “overweight” rating in a report on Tuesday, September 10th. TD Cowen downgraded shares of Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating and lifted their target price for the stock from $68.00 to $88.00 in a research note on Tuesday, October 8th. Finally, Citigroup upgraded shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research note on Tuesday, October 1st. Two research analysts have rated the stock with a hold rating, four have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $79.00.

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.