Anheuser-Busch InBev SA/NV (NYSE:BUD) Stock Holdings Lifted by OLD National Bancorp IN

OLD National Bancorp IN raised its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 25.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,464 shares of the consumer goods maker’s stock after purchasing an additional 907 shares during the period. OLD National Bancorp IN’s holdings in Anheuser-Busch InBev SA/NV were worth $224,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. R Squared Ltd acquired a new position in Anheuser-Busch InBev SA/NV during the fourth quarter worth $30,000. CKW Financial Group boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 29.2% during the 4th quarter. CKW Financial Group now owns 2,325 shares of the consumer goods maker’s stock worth $116,000 after buying an additional 525 shares during the period. Buttonwood Financial Advisors Inc. grew its stake in Anheuser-Busch InBev SA/NV by 1.9% in the 4th quarter. Buttonwood Financial Advisors Inc. now owns 73,832 shares of the consumer goods maker’s stock valued at $3,697,000 after buying an additional 1,378 shares during the last quarter. Blue Trust Inc. raised its holdings 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 worth $171,000 after acquiring an additional 464 shares during the period. Finally, PFG Investments LLC bought a new stake in Anheuser-Busch InBev SA/NV during the fourth quarter valued at about $273,000. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Stock Down 1.4 %

Shares of BUD opened at $49.13 on Monday. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. The company has a 50-day moving average price of $50.49 and a two-hundred day moving average price of $57.84. The stock has a market cap of $88.29 billion, a price-to-earnings ratio of 15.16, a P/E/G ratio of 1.60 and a beta of 1.09. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $67.49.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on BUD. TD Cowen cut 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 report on Wednesday, January 8th. Barclays raised Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a report on Wednesday, October 9th. One investment analyst has rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus 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.