Lineweaver Wealth Advisors LLC Takes Position in Anheuser-Busch InBev SA/NV $BUD

Lineweaver Wealth Advisors LLC purchased a new stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 9,453 shares of the consumer goods maker’s stock, valued at approximately $563,000.

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

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. UBS Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, October 31st. Weiss Ratings restated a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a report on Monday, December 15th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, November 26th. Wells Fargo & Company began coverage on Anheuser-Busch InBev SA/NV in a research report on Wednesday, November 19th. They issued an “overweight” rating and a $75.00 price objective for the company. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Monday, December 8th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV presently has an average rating of “Moderate Buy” and an average target price of $72.00.

Anheuser-Busch InBev SA/NV Price Performance

Anheuser-Busch InBev SA/NV stock opened at $64.51 on Friday. The company’s 50 day simple moving average is $62.21 and its 200-day simple moving average is $63.52. 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 has a 1 year low of $45.94 and a 1 year high of $72.13. The company has a market capitalization of $125.97 billion, a price-to-earnings ratio of 21.08, a price-to-earnings-growth ratio of 1.90 and a beta of 0.58.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings data on Thursday, October 30th. The consumer goods maker reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.97 by $0.02. The firm had revenue of $15.13 billion during the quarter, compared to analysts’ expectations of $15.28 billion. Anheuser-Busch InBev SA/NV had a net margin of 10.40% and a return on equity of 16.20%. The firm’s quarterly revenue was up .6% on a year-over-year basis. During the same quarter last year, the company posted $0.98 EPS. As a group, equities research analysts expect 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 issued a $0.1722 dividend. This represents a dividend yield of 57.0%. The ex-dividend date was Wednesday, November 19th. Anheuser-Busch InBev SA/NV’s payout ratio is currently 7.84%.

About Anheuser-Busch InBev SA/NV

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.