Roman Butler Fullerton & Co. Trims Stake in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Roman Butler Fullerton & Co. lowered its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 4.7% in the 3rd quarter, HoldingsChannel reports. The firm owned 4,005 shares of the consumer goods maker’s stock after selling 199 shares during the quarter. Roman Butler Fullerton & Co.’s holdings in Anheuser-Busch InBev SA/NV were worth $262,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Blue Trust Inc. lifted its stake in Anheuser-Busch InBev SA/NV by 225.0% during the second quarter. Blue Trust Inc. now owns 546 shares of the consumer goods maker’s stock worth $33,000 after purchasing an additional 378 shares during the last quarter. GPS Wealth Strategies Group LLC lifted its stake in Anheuser-Busch InBev SA/NV by 50.7% during the second quarter. GPS Wealth Strategies Group LLC now owns 550 shares of the consumer goods maker’s stock worth $32,000 after purchasing an additional 185 shares during the last quarter. Addison Advisors LLC lifted its stake in Anheuser-Busch InBev SA/NV by 39.7% during the second quarter. Addison Advisors LLC now owns 591 shares of the consumer goods maker’s stock worth $34,000 after purchasing an additional 168 shares during the last quarter. Hantz Financial Services Inc. bought a new stake in Anheuser-Busch InBev SA/NV during the second quarter worth about $35,000. Finally, Mather Group LLC. lifted its stake in shares of Anheuser-Busch InBev SA/NV by 96.6% in the 3rd quarter. Mather Group LLC. now owns 643 shares of the consumer goods maker’s stock valued at $43,000 after acquiring an additional 316 shares during the last quarter. Institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Down 1.3 %

BUD stock opened at $58.55 on Tuesday. Anheuser-Busch InBev SA/NV has a fifty-two week low of $57.09 and a fifty-two week high of $67.49. The business’s 50 day moving average price is $63.89 and its two-hundred day moving average price is $62.17. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. The company has a market capitalization of $105.23 billion, a price-to-earnings ratio of 18.07, a price-to-earnings-growth ratio of 1.63 and a beta of 1.12.

Analyst Upgrades and Downgrades

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

About Anheuser-Busch InBev SA/NV

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.