Wells Fargo & Company MN lessened its holdings in shares of Anheuser Busch Inbev NV (NYSE:BUD) by 2.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,135,864 shares of the consumer goods maker’s stock after selling 60,609 shares during the quarter. Wells Fargo & Company MN owned approximately 0.13% of Anheuser Busch Inbev worth $254,809,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Johnson Financial Group Inc. increased its position in Anheuser Busch Inbev by 0.3% during the second quarter. Johnson Financial Group Inc. now owns 1,179 shares of the consumer goods maker’s stock worth $130,000 after buying an additional 3 shares during the last quarter. Omnia Family Wealth LLC increased its position in Anheuser Busch Inbev by 0.5% during the second quarter. Omnia Family Wealth LLC now owns 1,761 shares of the consumer goods maker’s stock worth $194,000 after buying an additional 8 shares during the last quarter. Raab & Moskowitz Asset Management LLC increased its position in Anheuser Busch Inbev by 0.3% during the second quarter. Raab & Moskowitz Asset Management LLC now owns 4,175 shares of the consumer goods maker’s stock worth $484,000 after buying an additional 13 shares during the last quarter. Advisory Services Network LLC increased its position in Anheuser Busch Inbev by 0.3% during the second quarter. Advisory Services Network LLC now owns 4,632 shares of the consumer goods maker’s stock worth $511,000 after buying an additional 16 shares during the last quarter. Finally, Ironwood Investment Management LLC increased its position in Anheuser Busch Inbev by 0.7% during the second quarter. Ironwood Investment Management LLC now owns 3,322 shares of the consumer goods maker’s stock worth $367,000 after buying an additional 23 shares during the last quarter. 5.69% of the stock is currently owned by hedge funds and other institutional investors.

Anheuser Busch Inbev NV (NYSE BUD) traded up $0.97 during trading on Friday, hitting $115.46. The stock had a trading volume of 1,260,000 shares, compared to its average volume of 1,800,000. Anheuser Busch Inbev NV has a 52 week low of $98.28 and a 52 week 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. The firm has a market capitalization of $195,620.00, a P/E ratio of 34.24, a price-to-earnings-growth ratio of 1.83 and a beta of 1.07.

Anheuser Busch Inbev (NYSE:BUD) last posted 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). Anheuser Busch Inbev had a net margin of 9.57% and a return on equity of 16.57%. The firm had revenue of $14.74 billion during the quarter, compared to analyst estimates of $15 billion. During the same period in the previous year, the company posted $0.83 EPS. Anheuser Busch Inbev’s revenue for the quarter was up 26.0% compared to the same quarter last year. sell-side analysts predict that Anheuser Busch Inbev NV will post 4.22 EPS for the current year.

The business also recently declared a semiannual dividend, which will be paid on Thursday, December 7th. Investors of record on Wednesday, November 15th will be paid a $1.8534 dividend. This represents a dividend yield of 3.07%. The ex-dividend date of this dividend is Tuesday, November 14th. Anheuser Busch Inbev’s dividend payout ratio (DPR) is currently 121.29%.

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

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Anheuser Busch Inbev Company 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.

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

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