Integrated Investment Consultants LLC Has $1.89 Million Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Integrated Investment Consultants LLC trimmed its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 1.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,529 shares of the consumer goods maker’s stock after selling 372 shares during the period. Integrated Investment Consultants LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $1,891,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Russell Investments Group Ltd. increased its stake in Anheuser-Busch InBev SA/NV by 56.1% during the first quarter. Russell Investments Group Ltd. now owns 1,004 shares of the consumer goods maker’s stock valued at $61,000 after acquiring an additional 361 shares during the period. Acadian Asset Management LLC lifted its position in Anheuser-Busch InBev SA/NV by 15.8% in the first quarter. Acadian Asset Management LLC now owns 49,603 shares of the consumer goods maker’s stock worth $3,014,000 after purchasing an additional 6,766 shares during the period. O Shaughnessy Asset Management LLC boosted its stake in Anheuser-Busch InBev SA/NV by 17.6% during the first quarter. O Shaughnessy Asset Management LLC now owns 37,259 shares of the consumer goods maker’s stock worth $2,265,000 after buying an additional 5,585 shares in the last quarter. Pitcairn Co. acquired a new position in shares of Anheuser-Busch InBev SA/NV in the 1st quarter valued at $253,000. Finally, Freestone Capital Holdings LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the 1st quarter valued at about $420,000. Institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of NYSE:BUD opened at $55.19 on Thursday. The business has a fifty day moving average of $62.49 and a 200-day moving average of $61.90. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. Anheuser-Busch InBev SA/NV has a twelve month low of $54.78 and a twelve month high of $67.49. The firm has a market cap of $99.19 billion, a PE ratio of 17.03, a price-to-earnings-growth ratio of 1.79 and a beta of 1.12.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Morgan Stanley raised their price target on shares of Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 10th. Barclays raised Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research note on Wednesday, October 9th. Evercore ISI upgraded Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research note on Monday, September 30th. TD Cowen downgraded shares of Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating and boosted their target price for the company 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 report on Tuesday, October 1st. Three equities research analysts have rated the stock with a hold rating, five have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Anheuser-Busch InBev SA/NV currently has a consensus rating of “Moderate Buy” and a consensus target price of $79.00.

Anheuser-Busch InBev SA/NV 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.