Wright Investors Service Inc. Buys 454 Shares of Anheuser-Busch Inbev SA (BUD)

Wright Investors Service Inc. increased its stake in shares of Anheuser-Busch Inbev SA (NYSE:BUD) by 5.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,497 shares of the consumer goods maker’s stock after buying an additional 454 shares during the quarter. Wright Investors Service Inc.’s holdings in Anheuser-Busch Inbev SA were worth $1,133,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Blair William & Co. IL grew its stake in Anheuser-Busch Inbev SA by 11.4% during the 2nd quarter. Blair William & Co. IL now owns 126,518 shares of the consumer goods maker’s stock worth $13,962,000 after buying an additional 12,914 shares during the last quarter. Cowen Inc. grew its stake in Anheuser-Busch Inbev SA by 76.5% during the 2nd quarter. Cowen Inc. now owns 13,035 shares of the consumer goods maker’s stock worth $1,439,000 after buying an additional 5,650 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Anheuser-Busch Inbev SA by 6.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 92,615 shares of the consumer goods maker’s stock worth $10,221,000 after buying an additional 5,214 shares during the last quarter. Eqis Capital Management Inc. grew its stake in Anheuser-Busch Inbev SA by 19.7% during the 2nd quarter. Eqis Capital Management Inc. now owns 3,230 shares of the consumer goods maker’s stock worth $356,000 after buying an additional 532 shares during the last quarter. Finally, Fisher Asset Management LLC grew its stake in Anheuser-Busch Inbev SA by 1.0% during the 2nd quarter. Fisher Asset Management LLC now owns 5,707,561 shares of the consumer goods maker’s stock worth $629,886,000 after buying an additional 57,541 shares during the last quarter. Hedge funds and other institutional investors own 5.51% of the company’s stock.

Shares of Anheuser-Busch Inbev SA (NYSE:BUD) traded up 0.03% during mid-day trading on Wednesday, hitting $122.82. The stock had a trading volume of 565,809 shares. The firm’s 50-day moving average price is $121.58 and its 200 day moving average price is $117.32. Anheuser-Busch Inbev SA has a 12-month low of $98.28 and a 12-month high of $126.50. The stock has a market cap of $237.50 billion, a price-to-earnings ratio of 61.23 and a beta of 1.07.

Anheuser-Busch Inbev SA (NYSE:BUD) last released its quarterly earnings results on Thursday, October 26th. The consumer goods maker reported $1.31 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.50 by ($0.19). Anheuser-Busch Inbev SA had a net margin of 9.57% and a return on equity of 16.57%. The business had revenue of $14.74 billion for the quarter, compared to analyst estimates of $15 billion. During the same period in the prior year, the business earned $0.83 earnings per share. The company’s revenue for the quarter was up 26.0% on a year-over-year basis. Equities analysts forecast that Anheuser-Busch Inbev SA will post $4.14 EPS for the current fiscal year.

The firm also recently declared a semiannual dividend, which will be paid on Thursday, December 7th. Investors of record on Wednesday, November 15th will be issued a dividend of $1.8534 per share. The ex-dividend date is Tuesday, November 14th. This represents a yield of 3.07%. Anheuser-Busch Inbev SA’s dividend payout ratio is 112.87%.

Several research firms have recently issued reports on BUD. Susquehanna Bancshares Inc set a $111.00 price target on Anheuser-Busch Inbev SA and gave the stock a “hold” rating in a research note on Thursday, July 27th. Jefferies Group LLC set a $139.00 price target on Anheuser-Busch Inbev SA and gave the stock a “buy” rating in a research note on Saturday, July 29th. Argus began coverage on Anheuser-Busch Inbev SA in a research note on Friday, September 8th. They issued a “buy” rating and a $136.00 price target for the company. BidaskClub raised Anheuser-Busch Inbev SA from a “sell” rating to a “hold” rating in a research note 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 price target for the company in a research note on Wednesday, July 19th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and eight have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $127.39.

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Anheuser-Busch Inbev SA Company 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.

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

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