Bank of Montreal Can Has $32.61 Million Stake in Anheuser-Busch InBev SA/NV $BUD

Bank of Montreal Can increased its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 13.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 474,456 shares of the consumer goods maker’s stock after buying an additional 57,394 shares during the quarter. Bank of Montreal Can’s holdings in Anheuser-Busch InBev SA/NV were worth $32,605,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Dodge & Cox raised its holdings in Anheuser-Busch InBev SA/NV by 2.8% in the 1st quarter. Dodge & Cox now owns 41,116,138 shares of the consumer goods maker’s stock valued at $2,531,109,000 after acquiring an additional 1,119,308 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Anheuser-Busch InBev SA/NV by 25.3% in the first quarter. Goldman Sachs Group Inc. now owns 1,318,248 shares of the consumer goods maker’s stock worth $81,151,000 after purchasing an additional 265,783 shares during the period. Alberta Investment Management Corp raised its stake in Anheuser-Busch InBev SA/NV by 34.0% in the first quarter. Alberta Investment Management Corp now owns 763,800 shares of the consumer goods maker’s stock valued at $47,020,000 after purchasing an additional 193,800 shares in the last quarter. Hotchkis & Wiley Capital Management LLC lifted its position in Anheuser-Busch InBev SA/NV by 7.3% during the first quarter. Hotchkis & Wiley Capital Management LLC now owns 2,790,240 shares of the consumer goods maker’s stock worth $171,767,000 after purchasing an additional 190,830 shares during the period. Finally, Raymond James Financial Inc. lifted its position in Anheuser-Busch InBev SA/NV by 24.8% during the first quarter. Raymond James Financial Inc. now owns 929,927 shares of the consumer goods maker’s stock worth $57,246,000 after purchasing an additional 184,749 shares during the period. Institutional investors own 5.53% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on BUD shares. Berenberg Bank reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, September 18th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, October 31st. Morningstar raised Anheuser-Busch InBev SA/NV to a “buy” rating in a report on Thursday, September 18th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, October 8th. Finally, Kepler Capital Markets downgraded Anheuser-Busch InBev SA/NV from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $71.00.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE BUD opened at $62.94 on Friday. The firm’s fifty day moving average price is $60.23 and its two-hundred day moving average price is $64.57. The stock has a market cap of $122.90 billion, a PE ratio of 17.68, a PEG ratio of 1.75 and a beta of 0.76. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.48 and a current ratio of 0.64. Anheuser-Busch InBev SA/NV has a fifty-two week low of $45.94 and a fifty-two week high of $72.13.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings data on Thursday, October 30th. The consumer goods maker reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.02. Anheuser-Busch InBev SA/NV had a return on equity of 16.21% and a net margin of 12.16%.The business’s revenue for the quarter was up .6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.98 EPS. On average, equities analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS 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. Stockholders of record on Wednesday, November 19th will be paid a $0.1722 dividend. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a dividend yield of 55.0%. Anheuser-Busch InBev SA/NV’s dividend payout ratio is currently 27.45%.

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.