Douglass Winthrop Advisors LLC Has $85.29 Million Stake in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Douglass Winthrop Advisors LLC increased its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 2.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,286,674 shares of the consumer goods maker’s stock after buying an additional 35,757 shares during the quarter. Anheuser-Busch InBev SA/NV comprises approximately 1.6% of Douglass Winthrop Advisors LLC’s investment portfolio, making the stock its 29th biggest position. Douglass Winthrop Advisors LLC owned about 0.07% of Anheuser-Busch InBev SA/NV worth $85,294,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Fisher Asset Management LLC grew its stake in Anheuser-Busch InBev SA/NV by 6.0% during the third quarter. Fisher Asset Management LLC now owns 10,307,014 shares of the consumer goods maker’s stock worth $683,252,000 after buying an additional 587,329 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 672.3% during the 2nd quarter. Renaissance Technologies LLC now owns 600,300 shares of the consumer goods maker’s stock worth $34,907,000 after acquiring an additional 522,575 shares during the period. Janus Henderson Group PLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth approximately $18,226,000. International Assets Investment Management LLC bought a new position in Anheuser-Busch InBev SA/NV in the third quarter valued at approximately $154,640,000. Finally, GFS Advisors LLC lifted its stake in Anheuser-Busch InBev SA/NV by 56,727.5% during the third quarter. GFS Advisors LLC now owns 196,055 shares of the consumer goods maker’s stock worth $12,996,000 after purchasing an additional 195,710 shares during the last quarter. Institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Price Performance

Anheuser-Busch InBev SA/NV stock opened at $54.73 on Monday. The stock’s 50 day moving average is $62.09 and its 200 day moving average is $61.82. Anheuser-Busch InBev SA/NV has a one year low of $54.51 and a one year high of $67.49. The firm has a market cap of $98.36 billion, a P/E ratio of 16.89, a P/E/G ratio of 1.75 and a beta of 1.12. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Citigroup upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 1st. Barclays upgraded Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Wednesday, October 9th. Morgan Stanley lifted their price target 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. TD Cowen downgraded 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. Finally, Evercore ISI upgraded shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Monday, September 30th. 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. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV 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.