Stephens Inc. AR raised its position in shares of Anheuser Busch Inbev NV (NYSE:BUD) by 47.1% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 20,047 shares of the consumer goods maker’s stock after purchasing an additional 6,422 shares during the period. Stephens Inc. AR’s holdings in Anheuser Busch Inbev were worth $1,683,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Wedbush Securities Inc. grew its stake in shares of Anheuser Busch Inbev by 13.5% during the 1st quarter. Wedbush Securities Inc. now owns 8,229 shares of the consumer goods maker’s stock valued at $691,000 after purchasing an additional 980 shares during the period. American Assets Investment Management LLC acquired a new stake in Anheuser Busch Inbev in the 4th quarter valued at $1,974,000. JPMorgan Chase & Co. increased its holdings in Anheuser Busch Inbev by 36.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 292,137 shares of the consumer goods maker’s stock valued at $25,584,000 after purchasing an additional 77,956 shares in the last quarter. TIAA CREF Investment Management LLC acquired a new stake in shares of Anheuser Busch Inbev during the third quarter valued at about $3,909,000. Finally, Essex Savings Bank acquired a new stake in shares of Anheuser Busch Inbev during the fourth quarter valued at about $35,000. 4.31% of the stock is owned by institutional investors and hedge funds.
Several analysts have recently weighed in on the company. Zacks Investment Research upgraded Anheuser Busch Inbev from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 9th. Bank of America upgraded Anheuser Busch Inbev from an “underperform” rating to a “neutral” rating and set a $91.00 target price for the company in a research note on Friday, April 5th. Barclays assumed coverage on Anheuser Busch Inbev in a research note on Tuesday, April 2nd. They set an “equal weight” rating and a $83.64 target price for the company. Royal Bank of Canada downgraded Anheuser Busch Inbev from a “top pick” rating to a “sector perform” rating and set a $75.00 target price for the company. in a research note on Thursday, March 7th. Finally, Macquarie raised their target price on Anheuser Busch Inbev from $80.00 to $84.00 and gave the company a “neutral” rating in a research note on Friday, March 1st. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the company. Anheuser Busch Inbev has a consensus rating of “Hold” and a consensus target price of $94.96.
Shares of Anheuser Busch Inbev stock traded down $0.67 during trading hours on Friday, hitting $83.21. 16,661 shares of the company’s stock traded hands, compared to its average volume of 1,098,052. The company has a market capitalization of $141.94 billion, a PE ratio of 24.18, a P/E/G ratio of 1.90 and a beta of 1.17. Anheuser Busch Inbev NV has a twelve month low of $64.54 and a twelve month high of $106.86. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.53 and a quick ratio of 0.41.
Anheuser Busch Inbev (NYSE:BUD) last posted its quarterly earnings results on Tuesday, May 7th. The consumer goods maker reported $1.27 EPS for the quarter, hitting the Zacks’ consensus estimate of $1.27. The business had revenue of $12.59 billion during the quarter, compared to the consensus estimate of $12.66 billion. Anheuser Busch Inbev had a return on equity of 21.34% and a net margin of 12.78%. The company’s revenue for the quarter was down 3.7% compared to the same quarter last year. During the same period last year, the firm earned $0.73 earnings per share. On average, equities analysts expect that Anheuser Busch Inbev NV will post 5.02 earnings per share for the current fiscal year.
The company also recently declared a semiannual dividend, which will be paid on Thursday, June 6th. Investors of record on Wednesday, May 8th will be paid a $1.1152 dividend. This represents a yield of 2.55%. This is an increase from Anheuser Busch Inbev’s previous semiannual dividend of $0.91. The ex-dividend date is Tuesday, May 7th. Anheuser Busch Inbev’s dividend payout ratio (DPR) is 48.26%.
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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. The company 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, Cristal, Harbin, Jupiler, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol.
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