Richardson Financial Services Inc. Has $263,000 Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Richardson Financial Services Inc. decreased its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 49.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,284 shares of the consumer goods maker’s stock after selling 5,090 shares during the quarter. Richardson Financial Services Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $263,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. increased its position in Anheuser-Busch InBev SA/NV by 37.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 57,870 shares of the consumer goods maker’s stock worth $3,836,000 after buying an additional 15,837 shares during the period. Fisher Asset Management LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 6.0% in the third quarter. Fisher Asset Management LLC now owns 10,307,014 shares of the consumer goods maker’s stock valued at $683,252,000 after acquiring an additional 587,329 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG bought a new position in Anheuser-Busch InBev SA/NV during the third quarter worth about $1,865,000. Cerity Partners LLC raised its stake in Anheuser-Busch InBev SA/NV by 61.9% in the 3rd quarter. Cerity Partners LLC now owns 61,061 shares of the consumer goods maker’s stock worth $4,048,000 after purchasing an additional 23,348 shares in the last quarter. Finally, Brophy Wealth Management LLC bought a new stake in Anheuser-Busch InBev SA/NV in the 3rd quarter valued at about $946,000. Institutional investors own 5.53% of the company’s stock.

Analysts Set New Price Targets

BUD has been the subject of a number of analyst reports. Barclays upgraded shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Wednesday, October 9th. TD Cowen dropped their price objective on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating for the company in a report on Wednesday, January 8th. One research analyst has rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $64.00.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of Anheuser-Busch InBev SA/NV stock opened at $49.13 on Friday. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The company has a market cap of $88.29 billion, a PE ratio of 15.16, a price-to-earnings-growth ratio of 1.60 and a beta of 1.09. The company has a 50 day moving average of $50.49 and a 200-day moving average of $57.86. Anheuser-Busch InBev SA/NV has a 1-year low of $45.94 and a 1-year 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.