Tidal Investments LLC Increases Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Tidal Investments LLC boosted its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 4.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,654 shares of the consumer goods maker’s stock after purchasing an additional 852 shares during the quarter. Tidal Investments LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $1,237,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Fisher Asset Management LLC grew 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 acquiring an additional 587,329 shares during the period. Holocene Advisors LP lifted 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 valued at $287,144,000 after purchasing an additional 803,257 shares in the last quarter. Douglass Winthrop Advisors LLC grew its position in shares of Anheuser-Busch InBev SA/NV by 2.9% in the third 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 during the period. Seafarer Capital Partners LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 11.2% during the third quarter. Seafarer Capital Partners LLC now owns 1,059,000 shares of the consumer goods maker’s stock worth $70,201,000 after purchasing an additional 107,000 shares in the last quarter. Finally, Armistice Capital LLC raised its position in shares of Anheuser-Busch InBev SA/NV by 19.5% during the 2nd quarter. Armistice Capital LLC now owns 839,000 shares of the consumer goods maker’s stock worth $48,788,000 after purchasing an additional 137,000 shares during the last quarter. 5.53% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have commented on BUD. TD Cowen lowered Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating and boosted their price objective for the stock from $68.00 to $88.00 in a research note on Tuesday, October 8th. Citigroup upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 1st. Morgan Stanley raised their price objective on Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the company an “overweight” rating in a report on Tuesday, September 10th. Evercore ISI raised shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research note on Monday, September 30th. Finally, Barclays upgraded shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Wednesday, October 9th. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, Anheuser-Busch InBev SA/NV has a consensus rating of “Buy” and a consensus price target of $79.00.

Anheuser-Busch InBev SA/NV Stock Down 3.2 %

Shares of NYSE:BUD opened at $50.11 on Thursday. Anheuser-Busch InBev SA/NV has a 52-week low of $50.08 and a 52-week high of $67.49. The stock has a market cap of $90.06 billion, a P/E ratio of 15.47, a PEG ratio of 1.68 and a beta of 1.08. The business has a fifty day moving average of $57.91 and a two-hundred day moving average of $60.38. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85.

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.