ABC Arbitrage SA Acquires 73,500 Shares of Anheuser-Busch InBev SA/NV $BUD

ABC Arbitrage SA boosted its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 261.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 101,613 shares of the consumer goods maker’s stock after acquiring an additional 73,500 shares during the period. Anheuser-Busch InBev SA/NV accounts for 0.8% of ABC Arbitrage SA’s portfolio, making the stock its 27th largest holding. ABC Arbitrage SA’s holdings in Anheuser-Busch InBev SA/NV were worth $6,983,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently made changes to their positions in BUD. Dodge & Cox lifted its stake in shares of Anheuser-Busch InBev SA/NV by 2.8% during the 1st quarter. Dodge & Cox now owns 41,116,138 shares of the consumer goods maker’s stock worth $2,531,109,000 after acquiring an additional 1,119,308 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in Anheuser-Busch InBev SA/NV by 25.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,318,248 shares of the consumer goods maker’s stock valued at $81,151,000 after buying an additional 265,783 shares during the period. Alberta Investment Management Corp grew its stake in Anheuser-Busch InBev SA/NV by 34.0% in the 1st quarter. Alberta Investment Management Corp now owns 763,800 shares of the consumer goods maker’s stock worth $47,020,000 after acquiring an additional 193,800 shares in the last quarter. Hotchkis & Wiley Capital Management LLC grew its stake in Anheuser-Busch InBev SA/NV by 7.3% in the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 2,790,240 shares of the consumer goods maker’s stock worth $171,767,000 after acquiring an additional 190,830 shares in the last quarter. Finally, Raymond James Financial Inc. increased its position in shares of Anheuser-Busch InBev SA/NV by 24.8% during the first 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 currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

BUD has been the subject of a number of research analyst reports. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, October 21st. Barclays reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, October 31st. Berenberg Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, September 18th. Weiss Ratings reissued a “hold (c-)” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, October 8th. Finally, DZ Bank reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $71.00.

Anheuser-Busch InBev SA/NV Trading Up 2.3%

Shares of Anheuser-Busch InBev SA/NV stock opened at $64.79 on Wednesday. The firm’s 50 day simple moving average is $60.33 and its two-hundred day simple moving average is $64.51. The firm has a market capitalization of $126.50 billion, a price-to-earnings ratio of 18.20, a PEG ratio of 1.75 and a beta of 0.76. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $72.13. The company has a current ratio of 0.64, a quick ratio of 0.48 and a debt-to-equity ratio of 0.79.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings data on Thursday, October 30th. The consumer goods maker reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.02. Anheuser-Busch InBev SA/NV had a net margin of 12.16% and a return on equity of 16.21%. The firm’s quarterly revenue was up .6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.98 EPS. Analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Anheuser-Busch InBev SA/NV Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Wednesday, December 17th. Stockholders of record on Wednesday, November 19th will be issued a $0.1722 dividend. This represents a dividend yield of 55.0%. The ex-dividend date of this dividend is Wednesday, November 19th. Anheuser-Busch InBev SA/NV’s dividend payout ratio is 7.84%.

Anheuser-Busch InBev SA/NV Profile

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.