Aureus Asset Management LLC Buys Shares of 4,219 Anheuser Busch Inbev NV (BUD)

Aureus Asset Management LLC bought a new position in Anheuser Busch Inbev NV (NYSE:BUD) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 4,219 shares of the consumer goods maker’s stock, valued at approximately $503,000.

Other hedge funds also recently added to or reduced their stakes in the company. Blair William & Co. IL raised its holdings in shares of Anheuser Busch Inbev by 11.4% during the 2nd quarter. Blair William & Co. IL now owns 126,518 shares of the consumer goods maker’s stock valued at $13,962,000 after purchasing an additional 12,914 shares in the last quarter. Adviser Investments LLC bought a new position in shares of Anheuser Busch Inbev during the 3rd quarter valued at $298,000. Cowen Inc. raised its holdings in shares of Anheuser Busch Inbev by 76.5% during the 2nd quarter. Cowen Inc. now owns 13,035 shares of the consumer goods maker’s stock valued at $1,439,000 after purchasing an additional 5,650 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Anheuser Busch Inbev by 6.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 92,615 shares of the consumer goods maker’s stock valued at $10,221,000 after purchasing an additional 5,214 shares in the last quarter. Finally, CI Investments Inc. bought a new position in shares of Anheuser Busch Inbev during the 3rd quarter valued at $17,599,000. Institutional investors own 5.67% of the company’s stock.

A number of research firms have recently weighed in on BUD. Susquehanna Bancshares set a $132.00 price target on shares of Anheuser Busch Inbev and gave the company a “hold” rating in a report on Thursday, November 30th. Societe Generale downgraded shares of Anheuser Busch Inbev from a “hold” rating to a “sell” rating in a report on Monday, November 6th. Berenberg Bank restated a “buy” rating on shares of Anheuser Busch Inbev in a report on Wednesday, September 13th. Argus began coverage on shares of Anheuser Busch Inbev in a report on Friday, September 8th. They set a “buy” rating and a $136.00 price target on the stock. Finally, BidaskClub downgraded shares of Anheuser Busch Inbev from a “hold” rating to a “sell” rating in a report on Thursday, August 10th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Anheuser Busch Inbev has a consensus rating of “Hold” and an average price target of $127.81.

Anheuser Busch Inbev NV (BUD) opened at $115.41 on Tuesday. The company has a market cap of $195,501.72, a price-to-earnings ratio of 33.66, a P/E/G ratio of 1.80 and a beta of 1.04. Anheuser Busch Inbev NV has a twelve month low of $100.90 and a twelve month high of $126.50. The company has a quick ratio of 0.71, a current ratio of 0.82 and a debt-to-equity ratio of 1.30.

Anheuser Busch Inbev (NYSE:BUD) last announced its earnings results on Thursday, October 26th. The consumer goods maker reported $1.31 EPS for the quarter, missing the consensus estimate of $1.50 by ($0.19). The firm had revenue of $14.74 billion during the quarter, compared to the consensus estimate of $15 billion. Anheuser Busch Inbev had a return on equity of 16.57% and a net margin of 9.57%. The business’s revenue was up 26.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.83 EPS. analysts expect that Anheuser Busch Inbev NV will post 4.22 earnings per share for the current fiscal year.

The company also recently announced a semiannual dividend, which will be paid on Thursday, December 7th. Investors of record on Wednesday, November 15th will be issued a $1.8534 dividend. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a yield of 3.07%. Anheuser Busch Inbev’s dividend payout ratio (DPR) is presently 117.28%.

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Anheuser Busch Inbev 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 (NYSE:BUD)

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