First Horizon Advisors Inc. Has $106,000 Stake in Anheuser-Busch InBev SA/NV $BUD

First Horizon Advisors Inc. boosted its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 8,036.8% during the 2nd quarter, HoldingsChannel reports. The fund owned 1,546 shares of the consumer goods maker’s stock after acquiring an additional 1,527 shares during the quarter. First Horizon Advisors Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $106,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. NewSquare Capital LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 602.7% in the second quarter. NewSquare Capital LLC now owns 527 shares of the consumer goods maker’s stock valued at $36,000 after purchasing an additional 452 shares in the last quarter. Westside Investment Management Inc. raised its position in 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 buying an additional 258 shares during the last quarter. Whipplewood Advisors LLC lifted its stake in Anheuser-Busch InBev SA/NV by 55.2% in the 2nd quarter. Whipplewood Advisors LLC now owns 841 shares of the consumer goods maker’s stock valued at $58,000 after acquiring an additional 299 shares in the last quarter. Reyes Financial Architecture Inc. acquired a new position in Anheuser-Busch InBev SA/NV during the 2nd quarter worth approximately $59,000. Finally, Larson Financial Group LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 65.1% during the 1st quarter. Larson Financial Group LLC now owns 964 shares of the consumer goods maker’s stock worth $59,000 after acquiring an additional 380 shares in the last quarter. Institutional investors own 5.53% of the company’s stock.

Wall Street Analyst Weigh In

BUD has been the topic 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 report on Thursday, October 30th. Kepler Capital Markets downgraded shares of Anheuser-Busch InBev SA/NV from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 9th. DZ Bank restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday. Weiss Ratings reiterated a “hold (c-)” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, October 8th. Finally, Berenberg Bank reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $71.00.

Anheuser-Busch InBev SA/NV Trading Up 0.7%

Shares of NYSE:BUD opened at $63.30 on Monday. Anheuser-Busch InBev SA/NV has a 52-week low of $45.94 and a 52-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. The company has a market capitalization of $123.61 billion, a P/E ratio of 17.78, a price-to-earnings-growth ratio of 1.75 and a beta of 0.76. The company has a 50-day simple moving average of $60.24 and a 200 day simple moving average of $64.53.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings data on Thursday, October 30th. The consumer goods maker reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.02. Anheuser-Busch InBev SA/NV had a return on equity of 16.21% and a net margin of 12.16%.During the same period last year, the business earned $0.98 EPS. The firm’s quarterly revenue was up .6% compared to the same quarter last year. Sell-side analysts forecast 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 firm also recently declared 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 yield of 55.0%. Anheuser-Busch InBev SA/NV’s dividend payout ratio (DPR) is currently 27.45%.

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.