Allen Investment Management LLC Has $62.63 Million Stake in Anheuser-Busch Inbev SA (BUD)

Allen Investment Management LLC increased its position in shares of Anheuser-Busch Inbev SA (NYSE:BUD) by 8.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 524,958 shares of the consumer goods maker’s stock after purchasing an additional 39,959 shares during the period. Anheuser-Busch Inbev SA accounts for about 2.9% of Allen Investment Management LLC’s investment portfolio, making the stock its 14th largest holding. Allen Investment Management LLC’s holdings in Anheuser-Busch Inbev SA were worth $62,627,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Eqis Capital Management Inc. increased its holdings in shares of Anheuser-Busch Inbev SA by 19.7% in the second quarter. Eqis Capital Management Inc. now owns 3,230 shares of the consumer goods maker’s stock valued at $356,000 after buying an additional 532 shares in the last quarter. Advisors Capital Management LLC raised its position in shares of Anheuser-Busch Inbev SA by 1.5% during the second quarter. Advisors Capital Management LLC now owns 35,651 shares of the consumer goods maker’s stock valued at $3,934,000 after buying an additional 524 shares during the last quarter. Bartlett & Co. LLC raised its position in shares of Anheuser-Busch Inbev SA by 0.3% during the second quarter. Bartlett & Co. LLC now owns 164,500 shares of the consumer goods maker’s stock valued at $18,154,000 after buying an additional 570 shares during the last quarter. Jolley Asset Management LLC raised its position in shares of Anheuser-Busch Inbev SA by 13.2% during the second quarter. Jolley Asset Management LLC now owns 38,720 shares of the consumer goods maker’s stock valued at $4,273,000 after buying an additional 4,500 shares during the last quarter. Finally, Jarislowsky Fraser Ltd raised its position in shares of Anheuser-Busch Inbev SA by 0.5% during the second quarter. Jarislowsky Fraser Ltd now owns 522,023 shares of the consumer goods maker’s stock valued at $57,610,000 after buying an additional 2,549 shares during the last quarter. 5.56% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Anheuser-Busch Inbev SA (NYSE:BUD) traded down $0.88 during trading hours on Wednesday, hitting $113.89. 1,734,087 shares of the stock traded hands, compared to its average volume of 1,553,686. The firm has a market cap of $199,413.09, a PE ratio of 34.33, a PEG ratio of 1.84 and a beta of 1.07. 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 SA has a one year low of $98.28 and a one year high of $126.50.

Anheuser-Busch Inbev SA (NYSE:BUD) last announced its quarterly earnings results on Thursday, October 26th. The consumer goods maker reported $1.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.50 by ($0.19). Anheuser-Busch Inbev SA had a net margin of 9.57% and a return on equity of 16.57%. The company had revenue of $14.74 billion for the quarter, compared to the consensus estimate of $15 billion. During the same period last year, the firm posted $0.83 earnings per share. The company’s revenue for the quarter was up 26.0% compared to the same quarter last year. sell-side analysts forecast that Anheuser-Busch Inbev SA will post 4.22 EPS 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. This represents a dividend yield of 3.07%. The ex-dividend date is Tuesday, November 14th. Anheuser-Busch Inbev SA’s dividend payout ratio is currently 112.87%.

Several research analysts recently issued reports on the stock. BidaskClub lowered shares of Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating in a research report on Thursday, August 10th. Susquehanna Bancshares Inc reissued a “neutral” rating and issued a $125.00 price target (up previously from $111.00) on shares of Anheuser-Busch Inbev SA in a research report on Tuesday, August 1st. Stifel Nicolaus reissued a “buy” rating on shares of Anheuser-Busch Inbev SA in a research report on Friday, July 28th. Jefferies Group LLC set a $139.00 price objective on shares of Anheuser-Busch Inbev SA and gave the stock a “buy” rating in a research note on Saturday, July 29th. Finally, Societe Generale cut shares of Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating in a research note on Monday, November 6th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and eight have assigned a buy rating to the stock. Anheuser-Busch Inbev SA presently has a consensus rating of “Hold” and an average target price of $127.39.

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Anheuser-Busch Inbev SA Company 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.

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

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