Anheuser-Busch InBev SA/NV (NYSE:BUD) is Seafarer Capital Partners LLC’s 2nd Largest Position

Seafarer Capital Partners LLC increased its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 11.2% in the third quarter, Holdings Channel reports. The institutional investor owned 1,059,000 shares of the consumer goods maker’s stock after acquiring an additional 107,000 shares during the period. Anheuser-Busch InBev SA/NV makes up about 20.1% of Seafarer Capital Partners LLC’s investment portfolio, making the stock its 2nd biggest holding. Seafarer Capital Partners LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $70,201,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Blue Trust Inc. lifted its holdings in shares of 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 valued at $33,000 after buying an additional 378 shares during the period. GPS Wealth Strategies Group LLC raised its position in Anheuser-Busch InBev SA/NV by 50.7% in the second quarter. GPS Wealth Strategies Group LLC now owns 550 shares of the consumer goods maker’s stock valued at $32,000 after purchasing an additional 185 shares during the period. Addison Advisors LLC boosted its position 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 valued at $34,000 after buying an additional 168 shares during the period. First Personal Financial Services grew its holdings 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 acquiring an additional 205 shares in the last quarter. Finally, Hantz Financial Services Inc. acquired a new position in shares of Anheuser-Busch InBev SA/NV in the 2nd quarter valued at $35,000. 5.53% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

BUD has been the topic of several analyst reports. TD Cowen downgraded shares of Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating and lifted their target price for the company from $68.00 to $88.00 in a report on Tuesday, October 8th. Evercore ISI raised shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Monday, September 30th. Barclays upgraded Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Wednesday, October 9th. Morgan Stanley lifted their target price on Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the company an “overweight” rating in a research note on Tuesday, September 10th. Finally, Citigroup upgraded shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 1st. Three equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV has an average rating of “Moderate Buy” and a consensus target price of $79.00.

Anheuser-Busch InBev SA/NV Trading Down 0.9 %

NYSE BUD traded down $0.54 during trading hours on Friday, hitting $57.28. The company’s stock had a trading volume of 1,650,150 shares, compared to its average volume of 1,329,158. The firm has a market capitalization of $102.94 billion, a P/E ratio of 17.68, a PEG ratio of 1.84 and a beta of 1.12. The stock has a fifty day moving average of $63.59 and a 200 day moving average of $62.11. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. Anheuser-Busch InBev SA/NV has a twelve month low of $56.43 and a twelve month 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.