Truepoint Inc. lifted its position in shares of Anheuser Busch Inbev NV (NYSE:BUD) by 11,830.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 288,348 shares of the consumer goods maker’s stock after purchasing an additional 285,931 shares during the period. Truepoint Inc.’s holdings in Anheuser Busch Inbev were worth $288,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Zions Bancorporation lifted its holdings in Anheuser Busch Inbev by 800.0% in the third quarter. Zions Bancorporation now owns 882 shares of the consumer goods maker’s stock worth $106,000 after buying an additional 784 shares during the period. Bank of Nova Scotia Trust Co. purchased a new stake in Anheuser Busch Inbev in the third quarter worth about $112,000. Evercore Wealth Management LLC purchased a new stake in Anheuser Busch Inbev in the second quarter worth about $104,000. BDO Wealth Advisors LLC purchased a new stake in Anheuser Busch Inbev in the second quarter worth about $110,000. Finally, Johnson Financial Group Inc. lifted its holdings in Anheuser Busch Inbev by 0.3% in 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 period. Institutional investors own 5.67% of the company’s stock.

BUD has been the subject of several research analyst reports. J P Morgan Chase & Co restated an “underweight” rating on shares of Anheuser Busch Inbev in a report on Tuesday, December 5th. Societe Generale lowered shares of Anheuser Busch Inbev from a “hold” rating to a “sell” rating in a report on Monday, November 6th. Berenberg Bank reissued a “buy” rating on shares of Anheuser Busch Inbev in a research report on Wednesday, September 13th. Susquehanna Bancshares set a $132.00 price target on shares of Anheuser Busch Inbev and gave the company a “hold” rating in a research report on Thursday, November 30th. Finally, Argus assumed coverage on shares of Anheuser Busch Inbev in a research report on Friday, September 8th. They set a “buy” rating and a $136.00 price target for the company. Four investment analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the company’s stock. Anheuser Busch Inbev has a consensus rating of “Hold” and an average target price of $127.81.

Shares of Anheuser Busch Inbev NV (BUD) opened at $110.91 on Thursday. Anheuser Busch Inbev NV has a 1 year low of $100.90 and a 1 year high of $126.50. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.71 and a current ratio of 0.82. The stock has a market cap of $188,153.05, a price-to-earnings ratio of 32.40, a PEG ratio of 1.74 and a beta of 1.04.

Anheuser Busch Inbev (NYSE:BUD) last issued its quarterly earnings data on Thursday, October 26th. The consumer goods maker reported $1.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 business had revenue of $14.74 billion for the quarter, compared to the consensus estimate of $15 billion. During the same period in the previous year, the firm earned $0.83 EPS. The company’s revenue was up 26.0% on a year-over-year basis. sell-side analysts forecast that Anheuser Busch Inbev NV will post 4.22 earnings per share for the current year.

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

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About Anheuser Busch Inbev

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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