D.A. Davidson & CO. Decreases Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

D.A. Davidson & CO. lessened its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 4.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 53,377 shares of the consumer goods maker’s stock after selling 2,468 shares during the quarter. D.A. Davidson & CO.’s holdings in Anheuser-Busch InBev SA/NV were worth $2,673,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in BUD. Ashton Thomas Securities LLC bought a new stake in shares of Anheuser-Busch InBev SA/NV during the 3rd quarter valued at about $26,000. Legacy Investment Solutions LLC bought a new position in shares of Anheuser-Busch InBev SA/NV in the third quarter worth approximately $27,000. R Squared Ltd purchased a new position in shares of Anheuser-Busch InBev SA/NV during the fourth quarter valued at approximately $30,000. First Personal Financial Services lifted its position in Anheuser-Busch InBev SA/NV by 51.3% during the third quarter. First Personal Financial Services now owns 605 shares of the consumer goods maker’s stock valued at $40,000 after purchasing an additional 205 shares during the last quarter. Finally, Empowered Funds LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at $49,000. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, TD Cowen reduced their target price on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating on the stock in a research note on Wednesday, January 8th. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $64.00.

Anheuser-Busch InBev SA/NV Trading Up 1.6 %

BUD stock opened at $54.01 on Friday. 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 company has a market capitalization of $97.06 billion, a PE ratio of 16.67, a P/E/G ratio of 1.72 and a beta of 1.08. The firm’s 50-day moving average is $49.89 and its 200 day moving average is $56.90. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $67.49.

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.