B. Metzler seel. Sohn & Co. AG trimmed its position in Anheuser-Busch InBev SA/NV (NYSE:BUD – Free Report) by 0.7% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 27,926 shares of the consumer goods maker’s stock after selling 202 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Anheuser-Busch InBev SA/NV were worth $1,398,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Artisan Partners Limited Partnership acquired a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter worth approximately $56,849,000. Raymond James Financial Inc. acquired a new position in Anheuser-Busch InBev SA/NV in the fourth quarter worth $37,311,000. Alberta Investment Management Corp bought a new stake in Anheuser-Busch InBev SA/NV during the fourth quarter valued at $28,540,000. Penn Davis Mcfarland Inc. raised its holdings in shares of Anheuser-Busch InBev SA/NV by 34.0% during the fourth quarter. Penn Davis Mcfarland Inc. now owns 467,519 shares of the consumer goods maker’s stock worth $23,409,000 after purchasing an additional 118,686 shares during the period. Finally, Sei Investments Co. lifted its position in shares of Anheuser-Busch InBev SA/NV by 47.3% in the 4th quarter. Sei Investments Co. now owns 321,937 shares of the consumer goods maker’s stock worth $16,116,000 after buying an additional 103,312 shares during the last quarter. 5.53% of the stock is owned by institutional investors.
Anheuser-Busch InBev SA/NV Stock Performance
Shares of BUD stock opened at $62.09 on Thursday. The business has a 50 day simple moving average of $56.73 and a 200 day simple moving average of $56.79. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. The firm has a market capitalization of $111.59 billion, a price-to-earnings ratio of 19.16, a price-to-earnings-growth ratio of 1.73 and a beta of 0.96. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $67.49.
Wall Street Analyst Weigh In
A number of equities research analysts recently weighed in on the stock. TD Cowen lowered 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 report on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a report on Monday, March 3rd. Argus raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 price target on the stock in a report on Thursday, March 27th. Finally, Berenberg Bank initiated coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday. They set a “buy” rating for the company. One research analyst has rated the stock with a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Anheuser-Busch InBev SA/NV presently has a consensus rating of “Buy” and an average price target of $66.00.
Check Out Our Latest Report on Anheuser-Busch InBev SA/NV
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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