Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Purchased by Penn Davis Mcfarland Inc.

Penn Davis Mcfarland Inc. boosted its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 34.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 467,519 shares of the consumer goods maker’s stock after acquiring an additional 118,686 shares during the quarter. Anheuser-Busch InBev SA/NV comprises about 2.5% of Penn Davis Mcfarland Inc.’s portfolio, making the stock its 13th largest position. Penn Davis Mcfarland Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $23,409,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Ashton Thomas Securities LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the 3rd quarter valued at $26,000. Legacy Investment Solutions LLC purchased a new stake in Anheuser-Busch InBev SA/NV in the third quarter valued at $27,000. First Personal Financial Services grew its position in Anheuser-Busch InBev SA/NV by 51.3% during the 3rd quarter. First Personal Financial Services now owns 605 shares of the consumer goods maker’s stock worth $40,000 after purchasing an additional 205 shares during the period. Mather Group LLC. grew its position in Anheuser-Busch InBev SA/NV by 96.6% during the 3rd quarter. Mather Group LLC. now owns 643 shares of the consumer goods maker’s stock worth $43,000 after purchasing an additional 316 shares during the period. Finally, Brooklyn Investment Group purchased a new position in shares of Anheuser-Busch InBev SA/NV during the 4th quarter valued at about $50,000. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Trading Up 1.8 %

Shares of NYSE:BUD opened at $47.99 on Monday. The business’s 50 day moving average price is $51.90 and its 200-day moving average price is $58.64. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $67.49. The firm has a market capitalization of $86.25 billion, a price-to-earnings ratio of 14.81, a price-to-earnings-growth ratio of 1.48 and a beta of 1.09. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on BUD shares. Evercore ISI upgraded Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Monday, September 30th. Barclays raised shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a report on Wednesday, October 9th. TD Cowen lowered their price target on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating on the stock in a report on Wednesday, January 8th. Finally, Citigroup raised shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a report on Tuesday, October 1st. One analyst has rated the stock with a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Anheuser-Busch InBev SA/NV has a consensus rating of “Buy” and a consensus 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.