Anheuser-Busch InBev SA/NV $BUD Stock Position Lowered by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership decreased its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 74.9% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 457,029 shares of the consumer goods maker’s stock after selling 1,361,743 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Anheuser-Busch InBev SA/NV were worth $31,407,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. Dodge & Cox lifted its stake in Anheuser-Busch InBev SA/NV by 2.8% during the first quarter. Dodge & Cox now owns 41,116,138 shares of the consumer goods maker’s stock valued at $2,531,109,000 after purchasing an additional 1,119,308 shares during the last quarter. Fisher Asset Management LLC boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 4.5% in the second quarter. Fisher Asset Management LLC now owns 10,663,933 shares of the consumer goods maker’s stock worth $732,826,000 after buying an additional 454,621 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of Anheuser-Busch InBev SA/NV by 25.3% during the first quarter. Goldman Sachs Group Inc. now owns 1,318,248 shares of the consumer goods maker’s stock valued at $81,151,000 after acquiring an additional 265,783 shares during the period. Hotchkis & Wiley Capital Management LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 7.3% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 2,790,240 shares of the consumer goods maker’s stock valued at $171,767,000 after purchasing an additional 190,830 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its position in Anheuser-Busch InBev SA/NV by 24.8% during the 1st quarter. Raymond James Financial Inc. now owns 929,927 shares of the consumer goods maker’s stock worth $57,246,000 after acquiring an additional 184,749 shares during the period. 5.53% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

BUD has been the topic of several research analyst reports. Morningstar upgraded shares of Anheuser-Busch InBev SA/NV to a “buy” rating in a report on Thursday, September 18th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, November 19th. UBS Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, October 31st. Royal Bank Of Canada restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, October 30th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Monday, December 1st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Anheuser-Busch InBev SA/NV currently has a consensus rating of “Moderate Buy” and an average price target of $72.00.

Anheuser-Busch InBev SA/NV Trading Up 0.3%

Shares of BUD opened at $61.14 on Friday. Anheuser-Busch InBev SA/NV has a 52-week low of $45.94 and a 52-week high of $72.13. The stock has a fifty day moving average price of $61.42 and a two-hundred day moving average price of $63.98. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.48 and a current ratio of 0.64. The company has a market cap of $119.37 billion, a price-to-earnings ratio of 19.98, a PEG ratio of 1.80 and a beta of 0.58.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings data on Thursday, October 30th. The consumer goods maker reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.02. The firm had revenue of $15.13 billion during the quarter, compared to analysts’ expectations of $15.28 billion. Anheuser-Busch InBev SA/NV had a net margin of 10.40% and a return on equity of 16.20%. The company’s quarterly revenue was up .6% compared to the same quarter last year. During the same quarter last year, the company posted $0.98 EPS. Analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Wednesday, December 17th. Investors of record on Wednesday, November 19th will be given a $0.1722 dividend. This represents a yield of 57.0%. The ex-dividend date is Wednesday, November 19th. Anheuser-Busch InBev SA/NV’s dividend payout ratio (DPR) is presently 7.84%.

About Anheuser-Busch InBev SA/NV

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.