FT Options LLC cut its stake in Anheuser Busch Inbev NV (NYSE:BUD) by 41.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,100 shares of the consumer goods maker’s stock after selling 5,109 shares during the period. Anheuser Busch Inbev accounts for about 1.3% of FT Options LLC’s investment portfolio, making the stock its 23rd biggest position. FT Options LLC’s holdings in Anheuser Busch Inbev were worth $847,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Franklin Resources Inc. raised its stake in shares of Anheuser Busch Inbev by 0.8% during the second quarter. Franklin Resources Inc. now owns 8,950,919 shares of the consumer goods maker’s stock worth $987,823,000 after buying an additional 70,245 shares during the last quarter. Fisher Asset Management LLC raised its stake in shares of Anheuser Busch Inbev by 1.9% during the third quarter. Fisher Asset Management LLC now owns 5,818,807 shares of the consumer goods maker’s stock worth $694,184,000 after buying an additional 111,246 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of Anheuser Busch Inbev by 12.5% during the second quarter. The Manufacturers Life Insurance Company now owns 3,170,017 shares of the consumer goods maker’s stock worth $349,844,000 after buying an additional 352,595 shares during the last quarter. Fayez Sarofim & Co. raised its stake in shares of Anheuser Busch Inbev by 4.4% during the third quarter. Fayez Sarofim & Co. now owns 1,134,543 shares of the consumer goods maker’s stock worth $135,351,000 after buying an additional 48,084 shares during the last quarter. Finally, Haverford Trust Co. raised its stake in shares of Anheuser Busch Inbev by 1.5% during the third quarter. Haverford Trust Co. now owns 874,549 shares of the consumer goods maker’s stock worth $104,334,000 after buying an additional 13,158 shares during the last quarter. 5.67% of the stock is owned by institutional investors.

A number of brokerages recently issued reports on BUD. BidaskClub cut shares of Anheuser Busch Inbev from a “hold” rating to a “sell” rating in a report on Thursday, August 10th. Susquehanna Bancshares set a $132.00 price objective on shares of Anheuser Busch Inbev and gave the company a “hold” rating in a report on Thursday, November 30th. Argus began coverage on shares of Anheuser Busch Inbev in a report on Friday, September 8th. They set a “buy” rating and a $136.00 price objective for the company. Berenberg Bank restated a “buy” rating on shares of Anheuser Busch Inbev in a report on Wednesday, September 13th. Finally, Societe Generale cut shares of Anheuser Busch Inbev from a “hold” rating to a “sell” rating in a report on Monday, November 6th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $127.81.

Anheuser Busch Inbev NV (NYSE BUD) opened at $115.41 on Tuesday. The stock has a market cap of $195,501.72, a P/E ratio of 33.66, a P/E/G ratio of 1.80 and a beta of 1.04. 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.

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

The business also recently declared a semiannual dividend, which will be paid on Thursday, December 7th. Stockholders of record on Wednesday, November 15th will be issued a $1.8534 dividend. This represents a dividend yield of 3.07%. The ex-dividend date of this dividend is Tuesday, November 14th. Anheuser Busch Inbev’s dividend payout ratio (DPR) is presently 117.28%.

WARNING: “Anheuser Busch Inbev NV (BUD) Shares Sold by FT Options LLC” was originally published by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are accessing this article on another website, it was illegally copied and republished in violation of US and international trademark and copyright legislation. The original version of this article can be read at https://theolympiareport.com/2017/12/05/anheuser-busch-inbev-nv-bud-shares-sold-by-ft-options-llc.html.

Anheuser Busch Inbev 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 (NYSE:BUD)

Receive News & Ratings for Anheuser Busch Inbev NV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anheuser Busch Inbev NV and related companies with Analyst Ratings Network's FREE daily email newsletter.