Goelzer Investment Management Inc. Buys New Position in Anheuser Busch Inbev NV (BUD)
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.
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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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