Goelzer Investment Management Inc. bought a new stake in Anheuser Busch Inbev NV (NYSE:BUD) in the 4th quarter, HoldingsChannel reports. The fund bought 35,138 shares of the consumer goods maker’s stock, valued at approximately $2,312,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Clearbridge Investments LLC increased its stake in Anheuser Busch Inbev by 5.8% in the third quarter. Clearbridge Investments LLC now owns 7,809,706 shares of the consumer goods maker’s stock valued at $683,896,000 after purchasing an additional 429,408 shares during the last quarter. Franklin Resources Inc. increased its stake in Anheuser Busch Inbev by 44.5% during the third quarter. Franklin Resources Inc. now owns 7,714,058 shares of the consumer goods maker’s stock worth $675,521,000 after acquiring an additional 2,377,177 shares during the last quarter. Fisher Asset Management LLC increased its stake in Anheuser Busch Inbev by 1.6% during the third quarter. Fisher Asset Management LLC now owns 6,446,579 shares of the consumer goods maker’s stock worth $564,527,000 after acquiring an additional 100,075 shares during the last quarter. Morgan Stanley increased its stake in Anheuser Busch Inbev by 6.2% during the third quarter. Morgan Stanley now owns 4,729,784 shares of the consumer goods maker’s stock worth $414,186,000 after acquiring an additional 274,995 shares during the last quarter. Finally, Clarkston Capital Partners LLC increased its stake in Anheuser Busch Inbev by 37.0% during the fourth quarter. Clarkston Capital Partners LLC now owns 512,315 shares of the consumer goods maker’s stock worth $33,715,000 after acquiring an additional 138,412 shares during the last quarter. Hedge funds and other institutional investors own 4.40% of the company’s stock.

BUD stock opened at $73.68 on Tuesday. The company has a quick ratio of 0.53, a current ratio of 0.67 and a debt-to-equity ratio of 1.47. Anheuser Busch Inbev NV has a 1 year low of $64.54 and a 1 year high of $117.06. The stock has a market capitalization of $126.76 billion, a PE ratio of 18.24, a P/E/G ratio of 2.78 and a beta of 1.12.

BUD has been the subject of several research analyst reports. Zacks Investment Research lowered Anheuser Busch Inbev from a “hold” rating to a “sell” rating in a research note on Thursday, January 17th. Goldman Sachs Group lowered Anheuser Busch Inbev from a “buy” rating to a “neutral” rating in a research note on Friday, January 4th. Royal Bank of Canada upgraded Anheuser Busch Inbev from a “sector perform” rating to an “outperform” rating and set a $102.29 price target for the company in a research note on Monday, October 29th. They noted that the move was a valuation call. Macquarie set a $92.00 price target on Anheuser Busch Inbev and gave the stock a “buy” rating in a research note on Tuesday, October 16th. Finally, Argus lowered Anheuser Busch Inbev from a “buy” rating to a “hold” rating in a research note on Monday, November 12th. Five research analysts have rated the stock with a sell rating, three have given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. Anheuser Busch Inbev has an average rating of “Hold” and an average target price of $106.06.

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Anheuser Busch Inbev Profile

Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. It offers a portfolio of approximately 500 beer brands, including Budweiser, Corona, and Stella Artois; Beck's, Castle, Castle Lite, Hoegaarden, and Leffe; and Aguila, Antarctica, Bud Light, Brahma, Cass, Chernigivske, Cristal, Harbin, Jupiler, Klinskoye, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, Sibirskaya Korona, and Skol.

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Institutional Ownership by Quarter for Anheuser Busch Inbev (NYSE:BUD)

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