Savoir Faire Capital Management L.P. Buys Shares of 35,000 Anheuser-Busch InBev SA/NV $BUD

Savoir Faire Capital Management L.P. bought a new position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 35,000 shares of the consumer goods maker’s stock, valued at approximately $2,086,000.

Other large investors have also recently added to or reduced their stakes in the company. PFG Investments LLC acquired a new stake in Anheuser-Busch InBev SA/NV in the 3rd quarter valued at approximately $345,000. AM Investment Strategies LLC raised its holdings in shares of Anheuser-Busch InBev SA/NV by 67.4% in the third quarter. AM Investment Strategies LLC now owns 5,497 shares of the consumer goods maker’s stock valued at $328,000 after purchasing an additional 2,213 shares during the last quarter. Arkadios Wealth Advisors lifted its position in shares of Anheuser-Busch InBev SA/NV by 1.3% in the third quarter. Arkadios Wealth Advisors now owns 22,957 shares of the consumer goods maker’s stock worth $1,368,000 after purchasing an additional 297 shares in the last quarter. Culbertson A N & Co. Inc. acquired a new position in Anheuser-Busch InBev SA/NV during the third quarter worth $612,000. Finally, Forum Financial Management LP grew its position in Anheuser-Busch InBev SA/NV by 41.5% in the third quarter. Forum Financial Management LP now owns 8,708 shares of the consumer goods maker’s stock valued at $519,000 after purchasing an additional 2,554 shares in the last quarter. Institutional investors own 5.53% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on BUD. Kepler Capital Markets cut shares of Anheuser-Busch InBev SA/NV from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 9th. UBS Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, January 9th. Barclays restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, December 11th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, January 9th. Finally, Royal Bank Of Canada reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, December 9th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $77.67.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE BUD opened at $69.83 on Monday. The company has a fifty day moving average of $64.13 and a 200-day moving average of $62.76. Anheuser-Busch InBev SA/NV has a 52-week low of $47.89 and a 52-week high of $72.13. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.48 and a current ratio of 0.64. The company has a market capitalization of $136.35 billion, a P/E ratio of 22.82, a P/E/G ratio of 1.47 and a beta of 0.57.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its earnings results on Thursday, October 30th. The consumer goods maker reported $0.99 EPS for the quarter, beating the consensus estimate 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 company had revenue of $15.13 billion for the quarter, compared to analyst estimates of $15.28 billion. During the same quarter last year, the firm earned $0.98 EPS. The firm’s quarterly revenue was up .6% compared to the same quarter last year. As a group, equities research analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Dividend Announcement

The business also recently announced a dividend, which was paid on Wednesday, December 17th. Stockholders of record on Wednesday, November 19th were paid a dividend of $0.1722 per share. The ex-dividend date of this dividend was Wednesday, November 19th. This represents a dividend yield of 57.0%. Anheuser-Busch InBev SA/NV’s payout ratio is presently 7.84%.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.