Anheuser-Busch InBev SA/NV (NYSE:BUD) Stake Boosted by Pathstone Holdings LLC

Pathstone Holdings LLC increased its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 9.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 144,066 shares of the consumer goods maker’s stock after purchasing an additional 13,008 shares during the quarter. Pathstone Holdings LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $9,550,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of BUD. Ashton Thomas Securities LLC purchased a new position in Anheuser-Busch InBev SA/NV in the 3rd quarter worth about $26,000. GPS Wealth Strategies Group LLC increased its stake in Anheuser-Busch InBev SA/NV by 50.7% in the 2nd 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 in the last quarter. Blue Trust Inc. increased its stake in Anheuser-Busch InBev SA/NV by 225.0% in the 2nd quarter. Blue Trust Inc. now owns 546 shares of the consumer goods maker’s stock worth $33,000 after purchasing an additional 378 shares in the last quarter. Addison Advisors LLC increased its stake in Anheuser-Busch InBev SA/NV by 39.7% in the 2nd quarter. Addison Advisors LLC now owns 591 shares of the consumer goods maker’s stock worth $34,000 after purchasing an additional 168 shares in the last quarter. Finally, Hantz Financial Services Inc. purchased a new position in Anheuser-Busch InBev SA/NV in the 2nd quarter worth about $35,000. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Down 1.6 %

Shares of Anheuser-Busch InBev SA/NV stock opened at $55.19 on Thursday. The stock has a market capitalization of $99.19 billion, a P/E ratio of 17.03, a PEG ratio of 1.80 and a beta of 1.12. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. The stock has a 50 day moving average price of $62.49 and a two-hundred day moving average price of $61.90. Anheuser-Busch InBev SA/NV has a 12-month low of $54.78 and a 12-month high of $67.49.

Analyst Ratings Changes

BUD has been the topic of a number of research reports. Citigroup upgraded 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 upped their target price for the company from $68.00 to $88.00 in a report on Tuesday, October 8th. Morgan Stanley upped their target price on Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the company an “overweight” rating in a report on Tuesday, September 10th. Evercore ISI upgraded Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a report on Monday, September 30th. Finally, Barclays raised Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research note on Wednesday, October 9th. Three analysts have rated the stock with a hold rating, five have assigned a buy rating and two have assigned a strong buy rating to the stock. According to 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.