Integrated Investment Consultants LLC Has $1.89 Million Stock Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Integrated Investment Consultants LLC reduced its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 1.3% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 28,529 shares of the consumer goods maker’s stock after selling 372 shares during the period. Integrated Investment Consultants LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $1,891,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Ashton Thomas Securities LLC acquired a new stake in Anheuser-Busch InBev SA/NV in the third quarter worth about $26,000. GPS Wealth Strategies Group LLC grew its position in shares of Anheuser-Busch InBev SA/NV by 50.7% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 550 shares of the consumer goods maker’s stock worth $32,000 after buying an additional 185 shares during the period. Blue Trust Inc. grew its position in shares of Anheuser-Busch InBev SA/NV by 225.0% during the 2nd quarter. Blue Trust Inc. now owns 546 shares of the consumer goods maker’s stock worth $33,000 after buying an additional 378 shares during the period. Addison Advisors LLC raised its stake in shares of Anheuser-Busch InBev SA/NV by 39.7% during the second quarter. Addison Advisors LLC now owns 591 shares of the consumer goods maker’s stock worth $34,000 after buying an additional 168 shares during the last quarter. Finally, Hantz Financial Services Inc. acquired a new position in Anheuser-Busch InBev SA/NV in the second quarter valued at approximately $35,000. Institutional investors own 5.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Morgan Stanley lifted their target price on shares of Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the stock an “overweight” rating in a report on Tuesday, September 10th. TD Cowen lowered Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating and increased their target price for the company from $68.00 to $88.00 in a research note on Tuesday, October 8th. Evercore ISI upgraded Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a report on Monday, September 30th. Barclays raised Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Wednesday, October 9th. Finally, Citigroup upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 1st. Three analysts have rated the stock with a hold rating, five have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $79.00.

Anheuser-Busch InBev SA/NV Stock Performance

BUD opened at $55.19 on Thursday. The company has a market capitalization of $99.19 billion, a price-to-earnings ratio of 17.03, a P/E/G ratio of 1.79 and a beta of 1.12. The business’s 50-day moving average price is $62.49 and its two-hundred day moving average price is $61.90. Anheuser-Busch InBev SA/NV has a 1 year low of $54.78 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.

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.