Mirabella Financial Services LLP Purchases New Position in Anheuser-Busch InBev SA/NV $BUD

Mirabella Financial Services LLP bought a new stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 21,676 shares of the consumer goods maker’s stock, valued at approximately $1,490,000.

Other institutional investors also recently modified their holdings of the company. Legacy Investment Solutions LLC bought a new stake in Anheuser-Busch InBev SA/NV during the 2nd quarter worth $28,000. Elevation Point Wealth Partners LLC bought a new position in Anheuser-Busch InBev SA/NV in the second quarter valued at about $35,000. NewSquare Capital LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV by 602.7% during the second quarter. NewSquare Capital LLC now owns 527 shares of the consumer goods maker’s stock valued at $36,000 after purchasing an additional 452 shares in the last quarter. Westside Investment Management Inc. grew its holdings in shares of Anheuser-Busch InBev SA/NV by 51.6% during the second quarter. Westside Investment Management Inc. now owns 758 shares of the consumer goods maker’s stock worth $52,000 after purchasing an additional 258 shares during the last quarter. Finally, Whipplewood Advisors LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 55.2% in the second quarter. Whipplewood Advisors LLC now owns 841 shares of the consumer goods maker’s stock valued at $58,000 after buying an additional 299 shares during the period. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Stock Down 1.0%

Shares of NYSE:BUD opened at $60.99 on Friday. The stock has a market cap of $119.09 billion, a price-to-earnings ratio of 19.93, a PEG ratio of 1.81 and a beta of 0.58. The business’s 50 day moving average is $61.38 and its 200 day moving average is $64.06. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $72.13. The company has a quick ratio of 0.48, a current ratio of 0.64 and a debt-to-equity ratio of 0.79.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings data on Thursday, October 30th. The consumer goods maker reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.02. Anheuser-Busch InBev SA/NV had a net margin of 10.40% and a return on equity of 16.20%. The firm had revenue of $15.13 billion for the quarter, compared to the consensus estimate of $15.28 billion. During the same period in the previous year, the firm earned $0.98 EPS. The business’s revenue for the quarter was up .6% compared to the same quarter last year. On average, sell-side analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Anheuser-Busch InBev SA/NV Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Wednesday, November 19th will be given a $0.1722 dividend. This represents a yield of 57.0%. The ex-dividend date of this dividend is Wednesday, November 19th. Anheuser-Busch InBev SA/NV’s dividend payout ratio is presently 7.84%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Wells Fargo & Company initiated coverage on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, November 19th. They issued an “overweight” rating and a $75.00 price objective for the company. Deutsche Bank Aktiengesellschaft downgraded shares of Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a research note on Friday, November 28th. Sanford C. Bernstein reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, November 26th. Weiss Ratings restated a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a report on Monday. Finally, DZ Bank reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, November 7th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, Anheuser-Busch InBev SA/NV currently has a consensus rating of “Moderate Buy” and a consensus price target of $72.00.

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.