Clarkston Capital Partners LLC Has $76.02 Million Stock Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Clarkston Capital Partners LLC raised its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 0.2% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 1,146,842 shares of the consumer goods maker’s stock after acquiring an additional 2,218 shares during the period. Anheuser-Busch InBev SA/NV makes up about 1.4% of Clarkston Capital Partners LLC’s holdings, making the stock its 22nd largest position. Clarkston Capital Partners LLC owned 0.06% of Anheuser-Busch InBev SA/NV worth $76,024,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Thrivent Financial for Lutherans bought a new position in shares of Anheuser-Busch InBev SA/NV in the 3rd quarter worth $220,000. Natixis Advisors LLC raised its holdings in Anheuser-Busch InBev SA/NV by 3.0% during the third quarter. Natixis Advisors LLC now owns 159,576 shares of the consumer goods maker’s stock worth $10,578,000 after buying an additional 4,615 shares during the last quarter. Cable Hill Partners LLC lifted its stake in shares of Anheuser-Busch InBev SA/NV by 5.6% in the third quarter. Cable Hill Partners LLC now owns 9,200 shares of the consumer goods maker’s stock valued at $610,000 after buying an additional 484 shares in the last quarter. MQS Management LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV during the third quarter valued at about $323,000. Finally, Carrera Capital Advisors increased its position in shares of Anheuser-Busch InBev SA/NV by 18.7% during the third quarter. Carrera Capital Advisors now owns 36,171 shares of the consumer goods maker’s stock worth $2,398,000 after acquiring an additional 5,700 shares in the last quarter. Institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Down 0.2 %

Shares of NYSE:BUD opened at $56.25 on Monday. The company has a market capitalization of $101.09 billion, a PE ratio of 17.36, a price-to-earnings-growth ratio of 1.80 and a beta of 1.12. Anheuser-Busch InBev SA/NV has a 1 year low of $55.43 and a 1 year high of $67.49. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. The business has a fifty day moving average price of $62.98 and a two-hundred day moving average price of $62.00.

Analyst Ratings Changes

Several equities analysts recently weighed in on BUD shares. TD Cowen cut shares of Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating and raised their price target for the company from $68.00 to $88.00 in a research report on Tuesday, October 8th. Morgan Stanley raised 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. Citigroup upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research note on Tuesday, October 1st. Finally, Barclays upgraded shares of 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 issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Anheuser-Busch InBev SA/NV currently has an average rating of “Moderate Buy” and a consensus target price of $79.00.

Anheuser-Busch InBev SA/NV 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.