Empowered Funds LLC Makes New $49,000 Investment in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Empowered Funds LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 979 shares of the consumer goods maker’s stock, valued at approximately $49,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Fisher Asset Management LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 6.0% during 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 purchasing an additional 587,329 shares during the period. Holocene Advisors LP boosted its holdings in Anheuser-Busch InBev SA/NV by 22.8% during the third quarter. Holocene Advisors LP now owns 4,331,636 shares of the consumer goods maker’s stock worth $287,144,000 after buying an additional 803,257 shares during the last quarter. Douglass Winthrop Advisors LLC grew its position in shares of Anheuser-Busch InBev SA/NV by 2.9% during the 3rd quarter. Douglass Winthrop Advisors LLC now owns 1,286,674 shares of the consumer goods maker’s stock worth $85,294,000 after buying an additional 35,757 shares during the period. Seafarer Capital Partners LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 11.2% in the 3rd quarter. Seafarer Capital Partners LLC now owns 1,059,000 shares of the consumer goods maker’s stock valued at $70,201,000 after acquiring an additional 107,000 shares during the last quarter. Finally, FMR LLC grew its position in Anheuser-Busch InBev SA/NV by 7.0% in the third quarter. FMR LLC now owns 732,459 shares of the consumer goods maker’s stock valued at $48,555,000 after purchasing an additional 47,684 shares in the last quarter. 5.53% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, TD Cowen lowered their target price on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating on the stock in a research report on Wednesday, January 8th. One 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. According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of $64.00.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD opened at $54.01 on Friday. 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 50-day moving average of $49.89 and a 200-day moving average of $56.87. The company has a market cap of $97.06 billion, a PE ratio of 16.67, a price-to-earnings-growth ratio of 1.73 and a beta of 1.08. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one 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.