Mawer Investment Management Ltd. Decreases Stake in Anheuser-Busch Inbev SA (BUD)
Mawer Investment Management Ltd. trimmed its stake in shares of Anheuser-Busch Inbev SA (NYSE:BUD) by 0.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 78,029 shares of the consumer goods maker’s stock after selling 604 shares during the period. Mawer Investment Management Ltd.’s holdings in Anheuser-Busch Inbev SA were worth $9,309,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Chicago Partners Investment Group LLC purchased a new position in shares of Anheuser-Busch Inbev SA during the second quarter valued at approximately $101,000. Evercore Wealth Management LLC purchased a new stake in Anheuser-Busch Inbev SA during the second quarter valued at approximately $104,000. BDO Wealth Advisors LLC purchased a new stake in Anheuser-Busch Inbev SA during the second quarter valued at approximately $110,000. Oakworth Capital Inc. increased its holdings in Anheuser-Busch Inbev SA by 4.0% during the second quarter. Oakworth Capital Inc. now owns 1,175 shares of the consumer goods maker’s stock valued at $130,000 after buying an additional 45 shares during the last quarter. Finally, Johnson Financial Group Inc. increased its holdings in Anheuser-Busch Inbev SA by 0.3% during the second quarter. Johnson Financial Group Inc. now owns 1,179 shares of the consumer goods maker’s stock valued at $130,000 after buying an additional 3 shares during the last quarter. 5.51% of the stock is owned by hedge funds and other institutional investors.
Shares of Anheuser-Busch Inbev SA (NYSE:BUD) traded down $0.34 during midday trading on Wednesday, hitting $115.28. 391,505 shares of the stock were exchanged, compared to its average volume of 1,559,346. The company has a current ratio of 0.82, a quick ratio of 0.71 and a debt-to-equity ratio of 1.30. The stock has a market capitalization of $195,620.23, a PE ratio of 33.68, a PEG ratio of 1.80 and a beta of 1.07. Anheuser-Busch Inbev SA has a 1 year low of $98.28 and a 1 year high of $126.50.
Anheuser-Busch Inbev SA (NYSE:BUD) last announced its quarterly earnings data on Thursday, October 26th. The consumer goods maker reported $1.31 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.50 by ($0.19). The firm had revenue of $14.74 billion during the quarter, compared to analysts’ expectations of $15 billion. Anheuser-Busch Inbev SA had a return on equity of 16.57% and a net margin of 9.57%. The business’s revenue for the quarter was up 26.0% on a year-over-year basis. During the same period last year, the company earned $0.83 earnings per share. sell-side analysts expect that Anheuser-Busch Inbev SA will post 4.22 earnings per share for the current fiscal year.
The company also recently disclosed a semiannual dividend, which will be paid on Thursday, December 7th. Stockholders of record on Wednesday, November 15th will be paid a $1.8534 dividend. The ex-dividend date is Tuesday, November 14th. This represents a dividend yield of 3.07%. Anheuser-Busch Inbev SA’s dividend payout ratio (DPR) is presently 117.28%.
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BUD has been the subject of a number of research reports. Societe Generale cut shares of Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating in a report on Monday, November 6th. Susquehanna Bancshares Inc set a $111.00 target price on shares of Anheuser-Busch Inbev SA and gave the company a “hold” rating in a report on Thursday, July 27th. Jefferies Group LLC set a $139.00 target price on shares of Anheuser-Busch Inbev SA and gave the company a “buy” rating in a report on Saturday, July 29th. Argus initiated coverage on shares of Anheuser-Busch Inbev SA in a report on Friday, September 8th. They set a “buy” rating and a $136.00 target price for the company. Finally, BidaskClub raised shares of Anheuser-Busch Inbev SA from a “sell” rating to a “hold” rating in a report on Monday, July 31st. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $127.39.
About Anheuser-Busch Inbev SA
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.
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