Charles Schwab Investment Management Inc. Has $3.84 Million Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Charles Schwab Investment Management Inc. lifted its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 37.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 57,870 shares of the consumer goods maker’s stock after acquiring an additional 15,837 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $3,836,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of BUD. Renaissance Technologies LLC raised its position in Anheuser-Busch InBev SA/NV by 672.3% in the second quarter. Renaissance Technologies LLC now owns 600,300 shares of the consumer goods maker’s stock valued at $34,907,000 after purchasing an additional 522,575 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in Anheuser-Busch InBev SA/NV during the 3rd quarter worth approximately $154,640,000. GFS Advisors LLC grew its holdings in Anheuser-Busch InBev SA/NV by 56,727.5% during the 3rd quarter. GFS Advisors LLC now owns 196,055 shares of the consumer goods maker’s stock worth $12,996,000 after acquiring an additional 195,710 shares during the last quarter. Raymond James & Associates increased its position in Anheuser-Busch InBev SA/NV by 33.7% in the 2nd quarter. Raymond James & Associates now owns 726,470 shares of the consumer goods maker’s stock valued at $42,244,000 after acquiring an additional 183,301 shares during the period. Finally, Armistice Capital LLC raised its stake in shares of Anheuser-Busch InBev SA/NV by 19.5% during the second quarter. Armistice Capital LLC now owns 839,000 shares of the consumer goods maker’s stock valued at $48,788,000 after acquiring an additional 137,000 shares during the last quarter. Institutional investors own 5.53% of the company’s stock.

Analyst Upgrades and Downgrades

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

Anheuser-Busch InBev SA/NV Trading Down 0.1 %

NYSE BUD opened at $53.43 on Friday. The stock has a market capitalization of $96.02 billion, a P/E ratio of 16.49, a P/E/G ratio of 1.68 and a beta of 1.08. The business has a 50 day simple moving average of $58.70 and a 200 day simple moving average of $60.61. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. Anheuser-Busch InBev SA/NV has a one year low of $52.30 and a one year high of $67.49.

Anheuser-Busch InBev SA/NV Company 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.