State Street Corp maintained its position in Anheuser Busch Inbev NV (NYSE:BUD) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 28,746 shares of the consumer goods maker’s stock at the close of the 2nd quarter. State Street Corp’s holdings in Anheuser Busch Inbev were worth $3,173,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BUD. Renaissance Technologies LLC boosted its holdings in Anheuser Busch Inbev by 225.6% during the second quarter. Renaissance Technologies LLC now owns 595,500 shares of the consumer goods maker’s stock valued at $65,719,000 after purchasing an additional 412,600 shares in the last quarter. Allen Investment Management LLC boosted its holdings in shares of Anheuser Busch Inbev by 59.0% in the 2nd quarter. Allen Investment Management LLC now owns 484,999 shares of the consumer goods maker’s stock worth $53,524,000 after acquiring an additional 179,992 shares in the last quarter. Quantitative Investment Management LLC acquired a new position in shares of Anheuser Busch Inbev in the 2nd quarter worth approximately $17,602,000. JPMorgan Chase & Co. boosted its holdings in shares of Anheuser Busch Inbev by 40.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 366,892 shares of the consumer goods maker’s stock worth $40,490,000 after acquiring an additional 106,351 shares in the last quarter. Finally, Zweig DiMenna Associates LLC acquired a new position in shares of Anheuser Busch Inbev in the 2nd quarter worth approximately $11,034,000. 5.67% of the stock is currently owned by institutional investors.

Anheuser Busch Inbev NV (BUD) opened at $111.68 on Monday. The company has a quick ratio of 0.71, a current ratio of 0.82 and a debt-to-equity ratio of 1.30. Anheuser Busch Inbev NV has a 1 year low of $100.90 and a 1 year high of $126.50. The firm has a market cap of $189,101.27, a P/E ratio of 32.56, a P/E/G ratio of 1.74 and a beta of 1.04.

Anheuser Busch Inbev (NYSE:BUD) last posted its quarterly earnings data on Thursday, October 26th. The consumer goods maker reported $1.31 earnings per share for the quarter, missing the consensus estimate of $1.50 by ($0.19). Anheuser Busch Inbev had a return on equity of 16.57% and a net margin of 9.57%. The company had revenue of $14.74 billion during the quarter, compared to the consensus estimate of $15 billion. During the same quarter last year, the firm earned $0.83 EPS. The business’s revenue for the quarter was up 26.0% on a year-over-year basis. analysts expect that Anheuser Busch Inbev NV will post 4.22 earnings per share for the current fiscal year.

The business also recently disclosed a semiannual dividend, which was paid on Thursday, December 7th. Investors of record on Wednesday, November 15th were given a $1.8534 dividend. This represents a yield of 3.07%. The ex-dividend date was Tuesday, November 14th. Anheuser Busch Inbev’s dividend payout ratio (DPR) is presently 118.01%.

BUD has been the topic of several recent analyst reports. Societe Generale downgraded Anheuser Busch Inbev from a “hold” rating to a “sell” rating in a report on Monday, November 6th. Susquehanna Bancshares set a $129.00 target price on Anheuser Busch Inbev and gave the stock a “hold” rating in a report on Wednesday, October 25th. J P Morgan Chase & Co reissued an “underweight” rating on shares of Anheuser Busch Inbev in a report on Tuesday, December 5th. Argus initiated coverage on Anheuser Busch Inbev in a report on Friday, September 8th. They issued a “buy” rating and a $136.00 target price on the stock. Finally, Berenberg Bank reissued a “buy” rating on shares of Anheuser Busch Inbev in a report on Wednesday, September 13th. Four research analysts have rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $127.81.

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Anheuser Busch Inbev 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.

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

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