Anheuser-Busch Inbev SA (BUD) Shares Bought by Ironwood Investment Counsel LLC

Ironwood Investment Counsel LLC raised its holdings in Anheuser-Busch Inbev SA (NYSE:BUD) by 2.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 24,602 shares of the consumer goods maker’s stock after purchasing an additional 473 shares during the quarter. Anheuser-Busch Inbev SA accounts for approximately 1.2% of Ironwood Investment Counsel LLC’s investment portfolio, making the stock its 26th biggest position. Ironwood Investment Counsel LLC’s holdings in Anheuser-Busch Inbev SA were worth $2,935,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the business. Johnson Financial Group Inc. boosted its holdings in shares of Anheuser-Busch Inbev SA by 0.3% in the 2nd quarter. Johnson Financial Group Inc. now owns 1,179 shares of the consumer goods maker’s stock valued at $130,000 after purchasing an additional 3 shares in the last quarter. Omnia Family Wealth LLC boosted its holdings in shares of Anheuser-Busch Inbev SA by 0.5% in the 2nd quarter. Omnia Family Wealth LLC now owns 1,761 shares of the consumer goods maker’s stock valued at $194,000 after purchasing an additional 8 shares in the last quarter. Raab & Moskowitz Asset Management LLC boosted its holdings in shares of Anheuser-Busch Inbev SA by 0.3% in the 2nd quarter. Raab & Moskowitz Asset Management LLC now owns 4,175 shares of the consumer goods maker’s stock valued at $484,000 after purchasing an additional 13 shares in the last quarter. Advisory Services Network LLC boosted its holdings in shares of Anheuser-Busch Inbev SA by 0.3% in the 2nd quarter. Advisory Services Network LLC now owns 4,632 shares of the consumer goods maker’s stock valued at $511,000 after purchasing an additional 16 shares in the last quarter. Finally, Ironwood Investment Management LLC boosted its holdings in shares of Anheuser-Busch Inbev SA by 0.7% in the 2nd quarter. Ironwood Investment Management LLC now owns 3,322 shares of the consumer goods maker’s stock valued at $367,000 after purchasing an additional 23 shares in the last quarter. 5.51% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities research analysts have weighed in on BUD shares. Susquehanna Bancshares Inc set a $111.00 target price on Anheuser-Busch Inbev SA and gave the company a “hold” rating in a report on Thursday, July 27th. Stifel Nicolaus reaffirmed a “buy” rating on shares of Anheuser-Busch Inbev SA in a report on Friday, July 28th. Berenberg Bank reaffirmed a “buy” rating on shares of Anheuser-Busch Inbev SA in a report on Wednesday, September 13th. BidaskClub raised Anheuser-Busch Inbev SA from a “sell” rating to a “hold” rating in a report on Monday, July 31st. Finally, Zacks Investment Research raised Anheuser-Busch Inbev SA from a “hold” rating to a “buy” rating and set a $128.00 target price on the stock in a report on Wednesday, July 19th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $127.39.

Anheuser-Busch Inbev SA (NYSE BUD) traded up 0.10% during midday trading on Wednesday, hitting $122.90. The company had a trading volume of 448,104 shares. Anheuser-Busch Inbev SA has a 52 week low of $98.28 and a 52 week high of $126.50. The firm’s 50 day moving average is $121.58 and its 200-day moving average is $117.32. The firm has a market capitalization of $237.65 billion, a P/E ratio of 61.27 and a beta of 1.07.

Anheuser-Busch Inbev SA (NYSE:BUD) last announced its earnings results on Thursday, October 26th. The consumer goods maker reported $1.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.50 by ($0.19). Anheuser-Busch Inbev SA had a return on equity of 16.57% and a net margin of 9.57%. The company had revenue of $14.74 billion during the quarter, compared to analysts’ expectations of $15 billion. During the same quarter last year, the firm posted $0.83 earnings per share. The firm’s revenue was up 26.0% on a year-over-year basis. On average, equities research analysts expect that Anheuser-Busch Inbev SA will post $4.14 EPS for the current fiscal year.

The business also recently announced a semiannual dividend, which will be paid on Thursday, December 7th. Investors of record on Wednesday, November 15th will be given a $1.8534 dividend. The ex-dividend date is Tuesday, November 14th. This represents a yield of 3.07%. Anheuser-Busch Inbev SA’s dividend payout ratio (DPR) is presently 112.87%.

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Anheuser-Busch Inbev SA Profile

Anheuser Busch Inbev NV (AB InBev) is a Belgium-based company engaged in the brewers industry. The Company owns a portfolio of over 200 beer brands. The Company’s brand portfolio includes global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck’s, Leffe and Hoegaarden, and local champions, such as Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass and Jupiler.

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

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