Edmond DE Rothschild Holding S.A. Grows Stake in Anheuser Busch Inbev NV (NYSE:BUD)

Edmond DE Rothschild Holding S.A. grew its holdings in shares of Anheuser Busch Inbev NV (NYSE:BUD) by 30.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,520 shares of the consumer goods maker’s stock after purchasing an additional 1,300 shares during the quarter. Edmond DE Rothschild Holding S.A.’s holdings in Anheuser Busch Inbev were worth $464,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Sontag Advisory LLC bought a new position in Anheuser Busch Inbev in the 4th quarter worth about $26,000. Investors Research Corp bought a new position in Anheuser Busch Inbev in the 1st quarter worth about $26,000. Lenox Wealth Management Inc. boosted its stake 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 purchasing an additional 250 shares during the period. Enterprise Financial Services Corp boosted its stake 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 purchasing an additional 194 shares during the period. Finally, Strategy Asset Managers LLC bought a new position in Anheuser Busch Inbev in the 1st quarter worth about $28,000. 4.49% of the stock is owned by hedge funds and other institutional investors.

NYSE:BUD traded down $0.08 during mid-day trading on Monday, reaching $88.43. The stock had a trading volume of 1,024,900 shares, compared to its average volume of 1,323,697. The company has a 50 day moving average price of $84.85. The company has a market capitalization of $149.87 billion, a PE ratio of 25.71, a P/E/G ratio of 2.26 and a beta of 1.17. Anheuser Busch Inbev NV has a one year low of $64.54 and a one year high of $106.86. The company has a quick ratio of 0.41, a current ratio of 0.53 and a debt-to-equity ratio of 1.47.

Anheuser Busch Inbev (NYSE:BUD) last released its earnings results on Tuesday, May 7th. The consumer goods maker reported $1.27 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $1.27. The company had revenue of $12.59 billion during the quarter, compared to the consensus estimate of $12.66 billion. Anheuser Busch Inbev had a return on equity of 21.34% and a net margin of 12.78%. Anheuser Busch Inbev’s quarterly revenue was down 3.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.73 EPS. Equities research analysts anticipate that Anheuser Busch Inbev NV will post 4.65 earnings per share for the current year.

The firm also recently announced a semiannual dividend, which was paid on Thursday, June 6th. Stockholders of record on Wednesday, May 8th were paid a dividend of $1.1152 per share. The ex-dividend date was Tuesday, May 7th. This is a boost from Anheuser Busch Inbev’s previous semiannual dividend of $0.91. This represents a dividend yield of 2.55%. Anheuser Busch Inbev’s payout ratio is 48.55%.

Several research analysts have commented on BUD shares. Royal Bank of Canada downgraded Anheuser Busch Inbev from a “top pick” rating to a “sector perform” rating and set a $75.00 target price for the company. in a research note on Thursday, March 7th. Zacks Investment Research upgraded Anheuser Busch Inbev from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 9th. Barclays started coverage on Anheuser Busch Inbev in a research report on Tuesday, April 2nd. They set an “equal weight” rating and a $83.64 price target for the company. Bank of America upgraded Anheuser Busch Inbev from an “underperform” rating to a “neutral” rating and set a $91.00 price target for the company in a research report on Friday, April 5th. Finally, ValuEngine upgraded Anheuser Busch Inbev from a “sell” rating to a “hold” rating in a research report on Saturday, June 1st. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $83.77.

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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Institutional Ownership by Quarter for Anheuser Busch Inbev (NYSE:BUD)

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