Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Bought by MML Investors Services LLC

MML Investors Services LLC lifted its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 4.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 75,898 shares of the consumer goods maker’s stock after acquiring an additional 3,545 shares during the period. MML Investors Services LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $5,031,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in BUD. Ashton Thomas Securities LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the 3rd quarter valued at approximately $26,000. Legacy Investment Solutions LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the 3rd quarter valued at approximately $27,000. GPS Wealth Strategies Group LLC raised its position in shares of Anheuser-Busch InBev SA/NV by 50.7% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 550 shares of the consumer goods maker’s stock valued at $32,000 after acquiring an additional 185 shares in the last quarter. Blue Trust Inc. raised its position in shares of Anheuser-Busch InBev SA/NV by 225.0% during the 2nd quarter. Blue Trust Inc. now owns 546 shares of the consumer goods maker’s stock valued at $33,000 after acquiring an additional 378 shares in the last quarter. Finally, Addison Advisors LLC raised its position in shares of Anheuser-Busch InBev SA/NV by 39.7% during the 2nd quarter. Addison Advisors LLC now owns 591 shares of the consumer goods maker’s stock valued at $34,000 after acquiring an additional 168 shares in the last quarter. 5.53% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Citigroup raised Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 1st. Barclays raised Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Wednesday, October 9th. TD Cowen lowered Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating and increased their target price for the stock from $68.00 to $88.00 in a research report on Tuesday, October 8th. Morgan Stanley increased their target price on Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 10th. Finally, Evercore ISI raised Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Monday, September 30th. 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 company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $79.00.

Anheuser-Busch InBev SA/NV Trading Up 2.1 %

NYSE:BUD opened at $53.51 on Friday. Anheuser-Busch InBev SA/NV has a 1 year low of $52.30 and a 1 year high of $67.49. The stock has a market cap of $96.16 billion, a price-to-earnings ratio of 16.51, a PEG ratio of 1.70 and a beta of 1.08. The business has a fifty day moving average of $59.21 and a 200-day moving average of $60.76. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69.

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.