B&D White Capital Company LLC Buys Shares of 5,800 Anheuser-Busch InBev SA/NV (NYSE:BUD)

B&D White Capital Company LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,800 shares of the consumer goods maker’s stock, valued at approximately $290,000.

Several other hedge funds have also made changes to their positions in the business. Charles Schwab Investment Management Inc. grew its holdings in shares of Anheuser-Busch InBev SA/NV by 37.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 57,870 shares of the consumer goods maker’s stock valued at $3,836,000 after purchasing an additional 15,837 shares in the last quarter. Alberta Investment Management Corp purchased a new position in Anheuser-Busch InBev SA/NV in the 4th quarter valued at approximately $28,540,000. Fisher Asset Management LLC grew its stake in shares of 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 worth $683,252,000 after acquiring an additional 587,329 shares in the last quarter. Blue Trust Inc. increased its position in shares of Anheuser-Busch InBev SA/NV by 15.8% during the fourth quarter. Blue Trust Inc. now owns 3,409 shares of the consumer goods maker’s stock worth $171,000 after acquiring an additional 464 shares during the period. Finally, B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the third quarter valued at $1,865,000. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Up 1.6 %

Shares of Anheuser-Busch InBev SA/NV stock opened at $54.01 on Monday. Anheuser-Busch InBev SA/NV has a 52-week low of $45.94 and a 52-week high of $67.49. The company has a 50 day moving average of $49.89 and a 200 day moving average of $56.85. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. The company has a market capitalization of $97.06 billion, a P/E ratio of 16.67, a P/E/G ratio of 1.73 and a beta of 1.08.

Analyst Upgrades and Downgrades

Separately, TD Cowen lowered their target price on 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. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $64.00.

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.