Anheuser Busch Inbev NV (BUD) Position Trimmed by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. trimmed its holdings in shares of Anheuser Busch Inbev NV (NYSE:BUD) by 81.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,396 shares of the consumer goods maker’s stock after selling 89,028 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Anheuser Busch Inbev were worth $1,786,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Synovus Financial Corp increased its position in Anheuser Busch Inbev by 375.7% in the 3rd quarter. Synovus Financial Corp now owns 8,858 shares of the consumer goods maker’s stock worth $775,000 after purchasing an additional 6,996 shares during the last quarter. Willingdon Wealth Management increased its position in Anheuser Busch Inbev by 8.6% in the 3rd quarter. Willingdon Wealth Management now owns 28,583 shares of the consumer goods maker’s stock worth $2,503,000 after purchasing an additional 2,254 shares during the last quarter. Ayalon Holdings Ltd. acquired a new position in Anheuser Busch Inbev in the 3rd quarter worth about $121,000. US Bancorp DE increased its position in Anheuser Busch Inbev by 0.9% in the 3rd quarter. US Bancorp DE now owns 235,172 shares of the consumer goods maker’s stock worth $20,594,000 after purchasing an additional 2,053 shares during the last quarter. Finally, Manitou Investment Management Ltd. acquired a new position in Anheuser Busch Inbev in the 3rd quarter worth about $470,000. 4.61% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE BUD opened at $74.62 on Friday. The company has a current ratio of 0.67, a quick ratio of 0.53 and a debt-to-equity ratio of 1.47. The stock has a market cap of $129.77 billion, a PE ratio of 20.77, a P/E/G ratio of 2.87 and a beta of 1.04. Anheuser Busch Inbev NV has a 52 week low of $72.88 and a 52 week high of $118.35.

Anheuser Busch Inbev (NYSE:BUD) last issued its quarterly earnings data on Thursday, October 25th. The consumer goods maker reported $0.82 EPS for the quarter, missing the Zacks’ consensus estimate of $0.86 by ($0.04). The company had revenue of $13.28 billion for the quarter, compared to analyst estimates of $13.74 billion. Anheuser Busch Inbev had a net margin of 12.64% and a return on equity of 18.68%. Research analysts expect that Anheuser Busch Inbev NV will post 4.08 earnings per share for the current year.

The business also recently disclosed a semiannual dividend, which will be paid on Friday, December 21st. Stockholders of record on Wednesday, November 28th will be issued a dividend of $0.9131 per share. This represents a dividend yield of 2.38%. The ex-dividend date is Tuesday, November 27th. Anheuser Busch Inbev’s dividend payout ratio is 91.83%.

Several research analysts have weighed in on the company. Societe Generale raised Anheuser Busch Inbev from a “hold” rating to a “buy” rating in a research report on Thursday, August 2nd. Guggenheim assumed coverage on Anheuser Busch Inbev in a research report on Thursday, September 13th. They issued a “buy” rating and a $107.00 target price on the stock. Zacks Investment Research raised Anheuser Busch Inbev from a “sell” rating to a “hold” rating in a research report on Wednesday, September 5th. Macquarie set a $92.00 target price on Anheuser Busch Inbev and gave the stock a “buy” rating in a research report on Tuesday, October 16th. Finally, Royal Bank of Canada raised Anheuser Busch Inbev from a “sector perform” rating to an “outperform” rating and set a $102.29 target price on the stock in a research report on Monday, October 29th. They noted that the move was a valuation call. Four research analysts have rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $113.26.

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About Anheuser Busch Inbev

Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. It 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, Chernigivske, Cristal, Harbin, Jupiler, Klinskoye, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, Sibirskaya Korona, and Skol.

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

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