Yorktown Management & Research Co Inc increased its holdings in Anheuser Busch Inbev NV (NYSE:BUD) by 38.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,100 shares of the consumer goods maker’s stock after acquiring an additional 1,700 shares during the quarter. Yorktown Management & Research Co Inc’s holdings in Anheuser Busch Inbev were worth $512,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in BUD. Sontag Advisory LLC acquired a new position in Anheuser Busch Inbev in the 4th quarter worth approximately $26,000. Investors Research Corp acquired a new position in Anheuser Busch Inbev in the 1st quarter worth approximately $26,000. Lenox Wealth Management Inc. increased its holdings in Anheuser Busch Inbev by 423.7% in the 1st quarter. Lenox Wealth Management Inc. now owns 309 shares of the consumer goods maker’s stock worth $26,000 after buying an additional 250 shares during the period. Enterprise Financial Services Corp increased its holdings in Anheuser Busch Inbev by 135.7% in the 1st quarter. Enterprise Financial Services Corp now owns 337 shares of the consumer goods maker’s stock worth $28,000 after buying an additional 194 shares during the period. Finally, Strategy Asset Managers LLC purchased a new stake in Anheuser Busch Inbev in the 1st quarter worth approximately $28,000. 4.49% of the stock is owned by institutional investors.
Several equities research analysts have commented on the company. Argus upgraded Anheuser Busch Inbev from a “hold” rating to a “buy” rating in a research report on Thursday, May 30th. ValuEngine upgraded Anheuser Busch Inbev from a “sell” rating to a “hold” rating in a research report on Saturday, June 1st. Bank of America upgraded Anheuser Busch Inbev from an “underperform” rating to a “neutral” rating and set a $91.00 target price on the stock in a research report on Friday, April 5th. Barclays began coverage on Anheuser Busch Inbev in a research report on Tuesday, April 2nd. They set an “equal weight” rating and a $83.64 target price on the stock. Finally, Macquarie increased their target price on Anheuser Busch Inbev from $80.00 to $84.00 and gave the company a “neutral” rating in a research report on Friday, March 1st. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the company’s stock. Anheuser Busch Inbev has a consensus rating of “Hold” and a consensus target price of $83.77.
Anheuser Busch Inbev (NYSE:BUD) last issued its quarterly earnings data on Tuesday, May 7th. The consumer goods maker reported $1.27 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.27. Anheuser Busch Inbev had a return on equity of 21.34% and a net margin of 12.78%. The firm had revenue of $12.59 billion during the quarter, compared to the consensus estimate of $12.66 billion. During the same period last year, the company earned $0.73 EPS. The company’s quarterly revenue was down 3.7% on a year-over-year basis. On average, sell-side analysts predict that Anheuser Busch Inbev NV will post 4.65 EPS for the current year.
The company also recently announced a semiannual dividend, which was paid on Thursday, June 6th. Investors of record on Wednesday, May 8th were issued a dividend of $1.1152 per share. This represents a yield of 2.55%. This is a boost from Anheuser Busch Inbev’s previous semiannual dividend of $0.91. The ex-dividend date of this dividend was Tuesday, May 7th. Anheuser Busch Inbev’s dividend payout ratio (DPR) is 48.55%.
Anheuser Busch Inbev Profile
Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks. The company offers a portfolio of approximately 500 beer brands, including Budweiser, Corona, and Stella Artois; Beck's, Castle, Castle Lite, Hoegaarden, and Leffe; and Aguila, Antarctica, Bud Light, Brahma, Cass, Cristal, Harbin, Jupiler, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol.
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