Clarkston Capital Partners LLC Lowers Holdings in Anheuser-Busch InBev SA/NV $BUD

Clarkston Capital Partners LLC lowered its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 30.9% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,034,827 shares of the consumer goods maker’s stock after selling 463,470 shares during the quarter. Anheuser-Busch InBev SA/NV accounts for 1.5% of Clarkston Capital Partners LLC’s holdings, making the stock its 23rd largest holding. Clarkston Capital Partners LLC owned 0.06% of Anheuser-Busch InBev SA/NV worth $71,113,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Sage Rhino Capital LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 5.1% during the 2nd quarter. Sage Rhino Capital LLC now owns 3,477 shares of the consumer goods maker’s stock worth $239,000 after purchasing an additional 170 shares during the last quarter. Huntington National Bank boosted its stake in Anheuser-Busch InBev SA/NV by 16.3% during the second quarter. Huntington National Bank now owns 1,387 shares of the consumer goods maker’s stock worth $95,000 after buying an additional 194 shares during the period. UMB Bank n.a. boosted its stake in Anheuser-Busch InBev SA/NV by 14.4% during the second quarter. UMB Bank n.a. now owns 1,719 shares of the consumer goods maker’s stock worth $118,000 after buying an additional 217 shares during the period. 1832 Asset Management L.P. increased its position in shares of Anheuser-Busch InBev SA/NV by 3.5% during the first quarter. 1832 Asset Management L.P. now owns 7,131 shares of the consumer goods maker’s stock valued at $439,000 after acquiring an additional 241 shares during the last quarter. Finally, Westside Investment Management Inc. raised its stake in shares of Anheuser-Busch InBev SA/NV by 51.6% in the 2nd quarter. Westside Investment Management Inc. now owns 758 shares of the consumer goods maker’s stock valued at $52,000 after acquiring an additional 258 shares during the period. Institutional investors and hedge funds own 5.53% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on BUD. Barclays reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, October 31st. Jefferies Financial Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, November 19th. Weiss Ratings reiterated a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday. Sanford C. Bernstein restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday. Finally, Morningstar raised Anheuser-Busch InBev SA/NV to a “buy” rating in a research report on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $72.00.

Anheuser-Busch InBev SA/NV Trading Down 1.1%

NYSE:BUD opened at $61.85 on Friday. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $72.13. The firm has a market cap of $120.77 billion, a PE ratio of 17.37, a price-to-earnings-growth ratio of 1.75 and a beta of 0.76. The company has a current ratio of 0.64, a quick ratio of 0.48 and a debt-to-equity ratio of 0.79. The stock has a fifty day moving average price of $61.15 and a 200 day moving average price of $64.24.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings results on Thursday, October 30th. The consumer goods maker reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.02. The company had revenue of $15.13 billion for the quarter, compared to analyst estimates of $15.28 billion. Anheuser-Busch InBev SA/NV had a return on equity of 16.21% and a net margin of 12.16%.Anheuser-Busch InBev SA/NV’s revenue for the quarter was up .6% compared to the same quarter last year. During the same quarter last year, the company earned $0.98 EPS. Sell-side analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share 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. Shareholders of record on Wednesday, November 19th will be issued a dividend of $0.1722 per share. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a dividend yield of 57.0%. Anheuser-Busch InBev SA/NV’s dividend payout ratio (DPR) is presently 7.84%.

Anheuser-Busch InBev SA/NV Company 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.