West Family Investments Inc. Takes $329,000 Position in Anheuser-Busch InBev SA/NV $BUD

West Family Investments Inc. bought a new position in Anheuser-Busch InBev SA/NV (NYSE:BUD) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 4,794 shares of the consumer goods maker’s stock, valued at approximately $329,000.

Several other institutional investors have also added to or reduced their stakes in BUD. Sage Rhino Capital LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 5.1% during the second quarter. Sage Rhino Capital LLC now owns 3,477 shares of the consumer goods maker’s stock valued at $239,000 after buying an additional 170 shares during the last quarter. Huntington National Bank boosted its holdings in Anheuser-Busch InBev SA/NV by 16.3% during the 2nd quarter. Huntington National Bank now owns 1,387 shares of the consumer goods maker’s stock valued at $95,000 after acquiring an additional 194 shares during the period. UMB Bank n.a. grew its position in Anheuser-Busch InBev SA/NV by 14.4% during the 2nd quarter. UMB Bank n.a. now owns 1,719 shares of the consumer goods maker’s stock worth $118,000 after acquiring an additional 217 shares during the last quarter. 1832 Asset Management L.P. grew its position in Anheuser-Busch InBev SA/NV by 3.5% during the 1st quarter. 1832 Asset Management L.P. now owns 7,131 shares of the consumer goods maker’s stock worth $439,000 after acquiring an additional 241 shares during the last quarter. Finally, Westside Investment Management Inc. increased its stake in Anheuser-Busch InBev SA/NV by 51.6% in the 2nd 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 period. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

BUD has been the topic of several recent analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, November 25th. UBS Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, October 31st. DZ Bank reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, November 7th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, October 30th. Finally, Wells Fargo & Company started coverage on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, November 19th. They set an “overweight” rating and a $75.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Anheuser-Busch InBev SA/NV currently has an average rating of “Moderate Buy” and an average price target of $72.00.

Anheuser-Busch InBev SA/NV Stock Down 0.5%

Shares of Anheuser-Busch InBev SA/NV stock opened at $61.55 on Monday. The company has a current ratio of 0.64, a quick ratio of 0.48 and a debt-to-equity ratio of 0.79. 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 market cap of $120.18 billion, a P/E ratio of 17.29, a PEG ratio of 1.75 and a beta of 0.76. The company’s fifty day simple moving average is $61.19 and its two-hundred day simple moving average is $64.18.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its earnings results on Thursday, October 30th. The consumer goods maker reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.02. Anheuser-Busch InBev SA/NV had a net margin of 12.16% and a return on equity of 16.21%. The firm had revenue of $15.13 billion for the quarter, compared to analyst estimates of $15.28 billion. During the same quarter in the previous year, the firm posted $0.98 EPS. The company’s revenue for the quarter was up .6% compared to the same quarter last year. Research analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Anheuser-Busch InBev SA/NV Dividend Announcement

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

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.