Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Acquired by Tidal Investments LLC

Tidal Investments LLC lifted its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 4.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). 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 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BUD. Blue Trust Inc. boosted its holdings in Anheuser-Busch InBev SA/NV by 225.0% in the second quarter. Blue Trust Inc. now owns 546 shares of the consumer goods maker’s stock worth $33,000 after acquiring an additional 378 shares in the last quarter. &PARTNERS boosted its stake in Anheuser-Busch InBev SA/NV by 18.2% in the 2nd quarter. &PARTNERS now owns 16,983 shares of the consumer goods maker’s stock worth $988,000 after purchasing an additional 2,610 shares in the last quarter. Premier Path Wealth Partners LLC grew its position in Anheuser-Busch InBev SA/NV by 5.5% during the 2nd quarter. Premier Path Wealth Partners LLC now owns 18,351 shares of the consumer goods maker’s stock worth $1,067,000 after purchasing an additional 963 shares during the last quarter. Raymond James Trust N.A. acquired a new position in Anheuser-Busch InBev SA/NV during the 2nd quarter valued at approximately $307,000. Finally, Allspring Global Investments Holdings LLC raised its holdings in shares of Anheuser-Busch InBev SA/NV by 210.3% in the second quarter. Allspring Global Investments Holdings LLC now owns 5,396 shares of the consumer goods maker’s stock worth $314,000 after buying an additional 3,657 shares during the last quarter. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Barclays raised shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a report on Wednesday, October 9th. Citigroup raised Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a report on Tuesday, October 1st. TD Cowen downgraded Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating and lifted their target price for the stock from $68.00 to $88.00 in a report on Tuesday, October 8th. Evercore ISI upgraded shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a report on Monday, September 30th. Finally, Morgan Stanley lifted their price objective on shares of Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the company an “overweight” rating in a research note on Tuesday, September 10th. Two research analysts have rated the stock with a hold rating, four have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $79.00.

Anheuser-Busch InBev SA/NV Stock Down 3.2 %

Shares of BUD stock opened at $50.11 on Thursday. Anheuser-Busch InBev SA/NV has a twelve month low of $50.08 and a twelve month high of $67.49. The stock has a market cap of $90.06 billion, a P/E ratio of 15.47, a P/E/G ratio of 1.68 and a beta of 1.08. The stock has a 50 day moving average of $57.91 and a 200 day moving average of $60.38. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85.

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.