West Family Investments Inc. Buys Shares of 4,361 Anheuser-Busch InBev SA/NV (NYSE:BUD)

West Family Investments Inc. bought a new stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 4,361 shares of the consumer goods maker’s stock, valued at approximately $289,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV during the 3rd quarter valued at about $26,000. GPS Wealth Strategies Group LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 50.7% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 550 shares of the consumer goods maker’s stock valued at $32,000 after acquiring an additional 185 shares during the last quarter. Blue Trust Inc. increased its stake in shares of Anheuser-Busch InBev SA/NV by 225.0% during the 2nd quarter. Blue Trust Inc. now owns 546 shares of the consumer goods maker’s stock valued at $33,000 after acquiring an additional 378 shares during the last quarter. Addison Advisors LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 39.7% during the 2nd quarter. Addison Advisors LLC now owns 591 shares of the consumer goods maker’s stock valued at $34,000 after acquiring an additional 168 shares during the last quarter. Finally, Hantz Financial Services Inc. acquired a new position in shares of Anheuser-Busch InBev SA/NV during the 2nd quarter valued at about $35,000. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

BUD has been the subject of a number of research analyst reports. 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 research note on Tuesday, September 10th. TD Cowen downgraded shares of Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating and increased their target price for the stock from $68.00 to $88.00 in a research report on Tuesday, October 8th. Citigroup raised shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 1st. Barclays raised shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Wednesday, October 9th. Finally, Evercore ISI raised shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Monday, September 30th. Three analysts have rated the stock with a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $79.00.

Anheuser-Busch InBev SA/NV Stock Down 0.8 %

NYSE BUD opened at $56.07 on Wednesday. The stock has a market cap of $100.77 billion, a PE ratio of 17.31, a P/E/G ratio of 1.80 and a beta of 1.12. Anheuser-Busch InBev SA/NV has a fifty-two week low of $55.43 and a fifty-two week high of $67.49. The business has a 50 day moving average price of $62.68 and a two-hundred day moving average price of $61.95. 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 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.