Seafarer Capital Partners LLC Has $61.64 Million Stock Holdings in Anheuser-Busch InBev SA/NV $BUD

Seafarer Capital Partners LLC boosted its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 1.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,034,000 shares of the consumer goods maker’s stock after acquiring an additional 15,000 shares during the period. Anheuser-Busch InBev SA/NV accounts for about 17.6% of Seafarer Capital Partners LLC’s investment portfolio, making the stock its 5th largest position. Seafarer Capital Partners LLC owned about 0.05% of Anheuser-Busch InBev SA/NV worth $61,637,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Legacy Investment Solutions LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV during the 2nd quarter valued at $28,000. Salomon & Ludwin LLC raised its position in shares of Anheuser-Busch InBev SA/NV by 494.7% during the third quarter. Salomon & Ludwin LLC now owns 446 shares of the consumer goods maker’s stock valued at $27,000 after buying an additional 371 shares during the last quarter. Elevation Point Wealth Partners LLC bought a new position in shares of Anheuser-Busch InBev SA/NV during the second quarter worth $35,000. NewSquare Capital LLC lifted its stake in Anheuser-Busch InBev SA/NV by 602.7% in the 2nd quarter. NewSquare Capital LLC now owns 527 shares of the consumer goods maker’s stock worth $36,000 after purchasing an additional 452 shares in the last quarter. Finally, Mather Group LLC. bought a new stake in shares of Anheuser-Busch InBev SA/NV in the third quarter worth about $34,000. 5.53% of the stock is currently owned by institutional investors.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE:BUD opened at $71.69 on Monday. The firm has a market capitalization of $139.98 billion, a PE ratio of 23.43, a PEG ratio of 1.50 and a beta of 0.55. The stock’s fifty day moving average is $65.04 and its 200 day moving average is $62.87. Anheuser-Busch InBev SA/NV has a fifty-two week low of $47.89 and a fifty-two week high of $72.13. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.48 and a current ratio of 0.64.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings data on Thursday, October 30th. The consumer goods maker reported $0.99 EPS for the quarter, topping the consensus estimate of $0.97 by $0.02. Anheuser-Busch InBev SA/NV had a net margin of 10.40% and a return on equity of 16.20%. The company had revenue of $15.13 billion during the quarter, compared to analyst estimates of $15.28 billion. During the same period in the previous year, the firm earned $0.98 earnings per share. Anheuser-Busch InBev SA/NV’s quarterly revenue was up .6% compared to the same quarter last year. On average, sell-side analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Anheuser-Busch InBev SA/NV Announces Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, December 17th. Investors of record on Wednesday, November 19th were given a $0.1722 dividend. This represents a yield of 57.0%. The ex-dividend date of this dividend was Wednesday, November 19th. Anheuser-Busch InBev SA/NV’s dividend payout ratio is 7.84%.

Analysts Set New Price Targets

BUD has been the subject of a number of research reports. Royal Bank Of Canada reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, December 9th. Jefferies Financial Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, January 6th. Sanford C. Bernstein restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, November 26th. Deutsche Bank Aktiengesellschaft reaffirmed a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, January 9th. Finally, JPMorgan Chase & Co. reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $77.67.

Anheuser-Busch InBev SA/NV Profile

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.