J.W. Cole Advisors Inc. Takes $78,000 Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

J.W. Cole Advisors Inc. bought a new stake in Anheuser-Busch InBev SA/NV (NYSE:BUDGet Rating) during the 1st quarter, Holdings Channel.com reports. The institutional investor bought 66,678 shares of the consumer goods maker’s stock, valued at approximately $78,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Dodge & Cox acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at $910,682,000. Fisher Asset Management LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV by 4.8% in the 1st quarter. Fisher Asset Management LLC now owns 8,687,033 shares of the consumer goods maker’s stock valued at $521,743,000 after purchasing an additional 398,027 shares in the last quarter. Capital International Investors raised its holdings in shares of Anheuser-Busch InBev SA/NV by 3.6% in the first quarter. Capital International Investors now owns 7,344,543 shares of the consumer goods maker’s stock valued at $444,214,000 after buying an additional 252,914 shares during the last quarter. Dynamo Administracao de Recursos Ltda. raised its holdings in shares of Anheuser-Busch InBev SA/NV by 564.5% in the first quarter. Dynamo Administracao de Recursos Ltda. now owns 2,394,732 shares of the consumer goods maker’s stock valued at $143,828,000 after buying an additional 2,034,332 shares during the last quarter. Finally, Royal Bank of Canada raised its holdings in shares of Anheuser-Busch InBev SA/NV by 9.3% in the first quarter. Royal Bank of Canada now owns 2,246,141 shares of the consumer goods maker’s stock valued at $134,902,000 after buying an additional 190,769 shares during the last quarter. Institutional investors and hedge funds own 5.32% of the company’s stock.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD opened at $48.57 on Friday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.47 and a current ratio of 0.67. The stock has a 50 day simple moving average of $51.90 and a 200 day simple moving average of $54.94. Anheuser-Busch InBev SA/NV has a 52-week low of $47.23 and a 52-week high of $67.91. The firm has a market capitalization of $96.17 billion, a PE ratio of 25.04, a P/E/G ratio of 1.90 and a beta of 1.26.

Analyst Ratings Changes

A number of research analysts recently issued reports on BUD shares. HSBC raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a report on Tuesday, September 6th. Deutsche Bank Aktiengesellschaft boosted their price objective on Anheuser-Busch InBev SA/NV from €73.00 ($74.49) to €74.00 ($75.51) in a report on Tuesday, September 13th. Exane BNP Paribas raised Anheuser-Busch InBev SA/NV from a “neutral” rating to an “outperform” rating in a report on Tuesday, September 6th. Citigroup raised Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a report on Tuesday, July 5th. Finally, Barclays dropped their price objective on Anheuser-Busch InBev SA/NV from €84.00 ($85.71) to €77.00 ($78.57) in a report on Monday, July 11th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $65.28.

About Anheuser-Busch InBev SA/NV

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Anheuser-Busch InBev SA/NV engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. 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.

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Institutional Ownership by Quarter for Anheuser-Busch InBev SA/NV (NYSE:BUD)

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