Anheuser-Busch InBev SA/NV (NYSE:BUD) Stock Position Boosted by Principal Securities Inc.

Principal Securities Inc. raised its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 21.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,519 shares of the consumer goods maker’s stock after buying an additional 626 shares during the period. Principal Securities Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $176,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BUD. Fisher Asset Management LLC increased 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 valued at $683,252,000 after acquiring an additional 587,329 shares during the period. Holocene Advisors LP boosted its stake in Anheuser-Busch InBev SA/NV by 22.8% during the 3rd quarter. Holocene Advisors LP now owns 4,331,636 shares of the consumer goods maker’s stock valued at $287,144,000 after purchasing an additional 803,257 shares in the last quarter. Douglass Winthrop Advisors LLC boosted its stake in 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 valued at $85,294,000 after purchasing an additional 35,757 shares in the last quarter. Seafarer Capital Partners LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 11.2% during 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 purchasing an additional 107,000 shares during the period. Finally, FMR LLC raised its stake in shares of Anheuser-Busch InBev SA/NV by 7.0% in the 3rd quarter. FMR LLC now owns 732,459 shares of the consumer goods maker’s stock worth $48,555,000 after buying an additional 47,684 shares in the last quarter. 5.53% of the stock is currently owned by institutional investors.

Anheuser-Busch InBev SA/NV Trading Up 0.9 %

Shares of NYSE:BUD opened at $54.48 on Tuesday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. The stock has a market capitalization of $97.90 billion, a price-to-earnings ratio of 16.81, a PEG ratio of 1.73 and a beta of 1.08. Anheuser-Busch InBev SA/NV has a 1-year low of $45.94 and a 1-year high of $67.49. The company has a 50 day moving average price of $49.93 and a 200 day moving average price of $56.80.

Analyst Ratings Changes

Separately, TD Cowen decreased 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 research note on Wednesday, January 8th. One analyst has rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Anheuser-Busch InBev SA/NV presently has an average rating of “Buy” and an average price target of $64.00.

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.