Fisher Asset Management LLC Buys 235,560 Shares of Anheuser-Busch InBev SA/NV $BUD

Fisher Asset Management LLC boosted its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 1.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,688,001 shares of the consumer goods maker’s stock after acquiring an additional 235,560 shares during the period. Fisher Asset Management LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $932,187,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in BUD. Wellington Management Group LLP boosted its stake in Anheuser-Busch InBev SA/NV by 10,464.1% during the 2nd quarter. Wellington Management Group LLP now owns 3,190,248 shares of the consumer goods maker’s stock valued at $262,876,000 after acquiring an additional 3,160,049 shares during the last quarter. Renaissance Technologies LLC grew its holdings in Anheuser-Busch InBev SA/NV by 64.7% during the 1st quarter. Renaissance Technologies LLC now owns 810,874 shares of the consumer goods maker’s stock worth $56,250,000 after acquiring an additional 318,600 shares in the last quarter. First Trust Advisors LP grew its holdings in Anheuser-Busch InBev SA/NV by 5.1% during the 1st quarter. First Trust Advisors LP now owns 601,440 shares of the consumer goods maker’s stock worth $41,722,000 after acquiring an additional 29,124 shares in the last quarter. NewEdge Advisors LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 7,474.5% in the 2nd quarter. NewEdge Advisors LLC now owns 522,643 shares of the consumer goods maker’s stock worth $43,066,000 after purchasing an additional 515,743 shares during the last quarter. Finally, Cook & Bynum Capital Management LLC bought a new stake in shares of Anheuser-Busch InBev SA/NV in the 2nd quarter worth about $33,282,514. 5.53% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

BUD has been the topic of a number of recent analyst reports. Weiss Ratings upgraded shares of Anheuser-Busch InBev SA/NV from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, October 30th. Barclays reaffirmed a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, September 29th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, September 24th. Bank of America reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, September 24th. Finally, Deutsche Bank restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, September 24th. Twelve analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $87.83.

Anheuser-Busch InBev SA/NV Stock Down 0.1%

BUD stock opened at $83.98 on Friday. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.66 and a quick ratio of 0.50. Anheuser-Busch InBev SA/NV has a 1-year low of $59.90 and a 1-year high of $86.60. The firm has a fifty day moving average price of $79.78 and a two-hundred day moving average price of $78.43. The firm has a market cap of $169.58 billion, a price-to-earnings ratio of 19.37, a PEG ratio of 1.27 and a beta of 0.53.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings data on Thursday, October 29th. The consumer goods maker reported $1.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.09 by $0.12. The business had revenue of $16.51 billion during the quarter, compared to analyst estimates of $15.91 billion. Anheuser-Busch InBev SA/NV had a return on equity of 17.28% and a net margin of 15.42%. The business’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.99 EPS. Research analysts predict that Anheuser-Busch InBev SA/NV will post 4.39 EPS for the current year.

Anheuser-Busch InBev SA/NV Dividend Announcement

The business also recently announced a dividend, which will be paid on Wednesday, December 16th. Shareholders of record on Friday, November 20th will be paid a $0.4458 dividend. This represents a yield of 104.0%. The ex-dividend date is Friday, November 20th. Anheuser-Busch InBev SA/NV’s dividend payout ratio (DPR) is presently 28.20%.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV is a global brewing company headquartered in Leuven, Belgium. It brews, markets and distributes beer and other beverages through a portfolio of international and local brands, including Budweiser, Bud Light, Stella Artois, Corona, Michelob Ultra and Beck’s. The company sells its products across markets worldwide, with operations spanning multiple regions, including North America, Latin America, Europe, Africa and Asia. Its business also includes non-alcoholic beer and other beverage offerings, alongside brewing and distribution services.