Premier Path Wealth Partners LLC Buys 2,527 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Premier Path Wealth Partners LLC increased its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 13.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,488 shares of the consumer goods maker’s stock after acquiring an additional 2,527 shares during the quarter. Premier Path Wealth Partners LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $1,076,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BUD. Holocene Advisors LP raised its position in shares of 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 purchasing an additional 803,257 shares during the period. Fisher Asset Management LLC increased its stake in Anheuser-Busch InBev SA/NV by 6.0% during 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 in the last quarter. International Assets Investment Management LLC acquired a new position in Anheuser-Busch InBev SA/NV during the third quarter worth $154,640,000. GFS Advisors LLC grew its holdings in shares of Anheuser-Busch InBev SA/NV by 56,727.5% during the third quarter. GFS Advisors LLC now owns 196,055 shares of the consumer goods maker’s stock valued at $12,996,000 after buying an additional 195,710 shares during the last quarter. Finally, Armistice Capital LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 19.5% during the second quarter. Armistice Capital LLC now owns 839,000 shares of the consumer goods maker’s stock worth $48,788,000 after acquiring an additional 137,000 shares in the last quarter. 5.53% of the stock is owned by institutional investors.

Anheuser-Busch InBev SA/NV Trading Up 1.8 %

Shares of Anheuser-Busch InBev SA/NV stock opened at $47.99 on Friday. The company has a 50 day simple moving average of $52.08 and a two-hundred day simple moving average of $58.71. The firm has a market cap of $86.25 billion, a PE ratio of 14.81, a PEG ratio of 1.48 and a beta of 1.09. 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 debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51.

Analyst Ratings Changes

BUD has been the subject of a number of recent research reports. TD Cowen decreased 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 report on Wednesday, January 8th. Evercore ISI raised Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Monday, September 30th. Citigroup raised shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a report on Tuesday, October 1st. Finally, Barclays upgraded shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a report on Wednesday, October 9th. One equities research 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. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV currently has a consensus rating of “Buy” and an average price target of $64.00.

Anheuser-Busch InBev SA/NV 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.