Anheuser-Busch InBev SA/NV $BUD Stake Raised by Fisher Asset Management LLC

Fisher Asset Management LLC increased its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 1.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,688,001 shares of the consumer goods maker’s stock after purchasing an additional 235,560 shares during the period. Fisher Asset Management LLC owned 0.63% of Anheuser-Busch InBev SA/NV worth $932,187,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Cook & Bynum Capital Management LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 2nd quarter worth about $33,282,514. Maven Securities LTD acquired a new stake in Anheuser-Busch InBev SA/NV during the 2nd quarter worth approximately $4,323,000. Renaissance Technologies LLC increased its position 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 purchasing an additional 318,600 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Anheuser-Busch InBev SA/NV by 12.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 121,435 shares of the consumer goods maker’s stock worth $8,424,000 after purchasing an additional 13,877 shares in the last quarter. Finally, Wellington Management Group LLP raised its holdings in Anheuser-Busch InBev SA/NV by 10,464.1% in the second quarter. Wellington Management Group LLP now owns 3,190,248 shares of the consumer goods maker’s stock valued at $262,876,000 after buying an additional 3,160,049 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 0.1%

Shares of Anheuser-Busch InBev SA/NV stock opened at $83.98 on Friday. The business has a 50-day moving average of $79.78 and a 200-day moving average of $78.43. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.66 and a quick ratio of 0.50. The company has a market capitalization of $169.58 billion, a PE ratio of 19.37, a P/E/G ratio of 1.27 and a beta of 0.53. Anheuser-Busch InBev SA/NV has a 1-year low of $59.90 and a 1-year high of $86.60.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its earnings results on Thursday, October 29th. The consumer goods maker reported $1.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.12. Anheuser-Busch InBev SA/NV had a return on equity of 17.28% and a net margin of 15.42%. The business had revenue of $16.51 billion for the quarter, compared to analyst estimates of $15.91 billion. During the same period in the previous year, the company earned $0.99 earnings per share. The company’s revenue for the quarter was up 9.1% compared to the same quarter last year. As a group, equities analysts forecast that Anheuser-Busch InBev SA/NV will post 4.39 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, December 16th. Shareholders of record on Friday, November 20th will be paid a dividend of $0.4458 per share. 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 28.20%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on BUD. Jefferies Financial Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, September 24th. Barclays reissued a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, September 29th. UBS Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, September 24th. Weiss Ratings raised 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. Finally, TD Cowen reduced their target price on shares of Anheuser-Busch InBev SA/NV from $89.00 to $85.00 and set a “hold” rating on the stock in a report on Tuesday, October 13th. Twelve equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $87.83.

Anheuser-Busch InBev SA/NV Profile

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.