CKW Financial Group increased its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD – Free Report) by 29.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,325 shares of the consumer goods maker’s stock after buying an additional 525 shares during the quarter. CKW Financial Group’s holdings in Anheuser-Busch InBev SA/NV were worth $116,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also modified their holdings of the business. Ashton Thomas Securities LLC acquired a new position in Anheuser-Busch InBev SA/NV in the 3rd quarter worth about $26,000. Legacy Investment Solutions LLC acquired a new position in Anheuser-Busch InBev SA/NV in the 3rd quarter worth about $27,000. First Personal Financial Services increased its holdings in Anheuser-Busch InBev SA/NV by 51.3% in the 3rd quarter. First Personal Financial Services now owns 605 shares of the consumer goods maker’s stock worth $40,000 after purchasing an additional 205 shares in the last quarter. Mather Group LLC. increased its holdings in Anheuser-Busch InBev SA/NV by 96.6% in the 3rd quarter. Mather Group LLC. now owns 643 shares of the consumer goods maker’s stock worth $43,000 after purchasing an additional 316 shares in the last quarter. Finally, Brooklyn Investment Group acquired a new position in Anheuser-Busch InBev SA/NV in the 4th quarter worth about $50,000. 5.53% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on BUD. 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 report on Wednesday, January 8th. Evercore ISI raised Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a report on Monday, September 30th. Citigroup raised Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research note on Tuesday, October 1st. Finally, Barclays raised Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research note on Wednesday, October 9th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, Anheuser-Busch InBev SA/NV has an average rating of “Buy” and an average target price of $64.00.
Anheuser-Busch InBev SA/NV Trading Up 1.4 %
Shares of BUD stock opened at $48.88 on Monday. The stock has a market cap of $87.84 billion, a price-to-earnings ratio of 15.09, a PEG ratio of 1.55 and a beta of 1.09. The stock has a 50-day moving average of $51.09 and a 200-day moving average of $58.22. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. Anheuser-Busch InBev SA/NV has a 1-year low of $45.94 and a 1-year high of $67.49.
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.
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