Howe & Rusling Inc. increased its position in shares of Anheuser Busch Inbev NV (NYSE:BUD) by 47.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 52,070 shares of the consumer goods maker’s stock after buying an additional 16,776 shares during the period. Howe & Rusling Inc.’s holdings in Anheuser Busch Inbev NV were worth $5,715,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Franklin Resources Inc. increased its position in Anheuser Busch Inbev NV by 54.8% in the fourth quarter. Franklin Resources Inc. now owns 8,421,416 shares of the consumer goods maker’s stock worth $887,954,000 after buying an additional 2,982,684 shares during the last quarter. The Manufacturers Life Insurance Company bought a new position in Anheuser Busch Inbev NV during the third quarter worth about $163,418,000. OZ Management LP increased its position in Anheuser Busch Inbev NV by 86.5% in the third quarter. OZ Management LP now owns 2,476,466 shares of the consumer goods maker’s stock worth $325,432,000 after buying an additional 1,148,937 shares during the last quarter. Hitchwood Capital Management LP bought a new position in Anheuser Busch Inbev NV during the third quarter worth about $105,128,000. Finally, FMR LLC increased its position in Anheuser Busch Inbev NV by 43.3% in the fourth quarter. FMR LLC now owns 1,203,377 shares of the consumer goods maker’s stock worth $126,884,000 after buying an additional 363,391 shares during the last quarter.

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

Shares of Anheuser Busch Inbev NV (NYSE:BUD) traded up 0.02% during mid-day trading on Tuesday, hitting $110.40. 629,062 shares of the stock traded hands. Anheuser Busch Inbev NV has a 1-year low of $98.28 and a 1-year high of $136.08. The company’s 50-day moving average price is $109.67 and its 200 day moving average price is $110.01. The company has a market capitalization of $213.48 billion and a PE ratio of 156.15.

Anheuser Busch Inbev NV (NYSE:BUD) last released its quarterly earnings results on Thursday, March 2nd. The consumer goods maker reported $0.43 earnings per share for the quarter, missing the consensus estimate of $1.03 by $0.60. The company had revenue of $14.20 billion for the quarter, compared to analyst estimates of $14.04 billion. The firm’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.56 EPS. Equities research analysts forecast that Anheuser Busch Inbev NV will post $4.35 EPS for the current fiscal year.

The business also recently declared a semiannual dividend, which will be paid on Thursday, May 25th. Investors of record on Wednesday, May 3rd will be issued a $2.12 dividend. This represents a yield of 3.89%. The ex-dividend date is Monday, May 1st.

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BUD has been the topic of several research reports. HSBC Holdings plc downgraded shares of Anheuser Busch Inbev NV from a “buy” rating to a “hold” rating in a report on Tuesday, January 31st. Vetr downgraded shares of Anheuser Busch Inbev NV from a “buy” rating to a “hold” rating and set a $109.86 price objective on the stock. in a report on Tuesday, March 7th. Zacks Investment Research downgraded shares of Anheuser Busch Inbev NV from a “hold” rating to a “strong sell” rating in a report on Wednesday, March 8th. Bank of America Corp downgraded shares of Anheuser Busch Inbev NV from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $120.00 to $115.00 in a report on Thursday, March 2nd. Finally, Investec downgraded shares of Anheuser Busch Inbev NV from a “buy” rating to a “hold” rating in a report on Thursday, December 29th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and ten have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $125.61.

About Anheuser Busch Inbev NV

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.

5 Day Chart for NYSE:BUD

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