Vontobel Holding Ltd. Acquires New Stake in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Vontobel Holding Ltd. acquired a new stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 7,504 shares of the consumer goods maker’s stock, valued at approximately $376,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its stake in Anheuser-Busch InBev SA/NV by 37.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 57,870 shares of the consumer goods maker’s stock valued at $3,836,000 after purchasing an additional 15,837 shares during the last quarter. Fisher Asset Management LLC raised its stake in Anheuser-Busch InBev SA/NV by 6.0% in the 3rd quarter. Fisher Asset Management LLC now owns 10,307,014 shares of the consumer goods maker’s stock valued at $683,252,000 after purchasing an additional 587,329 shares during the last quarter. Blue Trust Inc. raised its stake in Anheuser-Busch InBev SA/NV by 15.8% in the 4th quarter. Blue Trust Inc. now owns 3,409 shares of the consumer goods maker’s stock valued at $171,000 after purchasing an additional 464 shares during the last quarter. B. Metzler seel. Sohn & Co. Holding AG acquired a new position in Anheuser-Busch InBev SA/NV in the 3rd quarter valued at $1,865,000. Finally, Cerity Partners LLC raised its stake in Anheuser-Busch InBev SA/NV by 61.9% in the 3rd quarter. Cerity Partners LLC now owns 61,061 shares of the consumer goods maker’s stock valued at $4,048,000 after purchasing an additional 23,348 shares during the last quarter. 5.53% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, TD Cowen reduced their price objective 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 equities research analyst has rated the stock with a hold rating, three have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $64.00.

Anheuser-Busch InBev SA/NV Stock Up 0.7 %

Shares of BUD opened at $53.20 on Friday. Anheuser-Busch InBev SA/NV has a 52-week low of $45.94 and a 52-week high of $67.49. The company has a market capitalization of $95.60 billion, a PE ratio of 16.42, a price-to-earnings-growth ratio of 1.73 and a beta of 1.08. The stock has a fifty day simple moving average of $49.87 and a two-hundred day simple moving average of $56.94. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85.

About Anheuser-Busch InBev SA/NV

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.