Envestnet Asset Management Inc. lowered its position in shares of Anheuser Busch Inbev NV (NYSE:BUD) by 1.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 151,858 shares of the consumer goods maker’s stock after selling 2,824 shares during the period. Envestnet Asset Management Inc.’s holdings in Anheuser Busch Inbev were worth $18,117,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Franklin Resources Inc. increased its position 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 valued at $987,823,000 after acquiring an additional 70,245 shares in the last quarter. Fisher Asset Management LLC increased its position 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 valued at $694,184,000 after acquiring an additional 111,246 shares in the last quarter. The Manufacturers Life Insurance Company increased its position 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 valued at $349,844,000 after acquiring an additional 352,595 shares in the last quarter. Fayez Sarofim & Co. increased its position 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 valued at $135,351,000 after acquiring an additional 48,084 shares in the last quarter. Finally, Haverford Trust Co. increased its position 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 valued at $104,334,000 after acquiring an additional 13,158 shares in the last quarter. 5.67% of the stock is owned by institutional investors.

Shares of Anheuser Busch Inbev NV (NYSE:BUD) opened at $112.97 on Wednesday. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.82 and a quick ratio of 0.71. Anheuser Busch Inbev NV has a 1 year low of $100.90 and a 1 year high of $126.50. The company has a market cap of $195,417.06, a P/E ratio of 33.65, a price-to-earnings-growth ratio of 1.80 and a beta of 1.04.

Anheuser Busch Inbev (NYSE:BUD) last posted its earnings results on Thursday, October 26th. The consumer goods maker reported $1.31 EPS for the quarter, missing analysts’ consensus estimates 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 period last year, the firm posted $0.83 EPS. The company’s revenue for the quarter was up 26.0% on a year-over-year basis. equities analysts expect that Anheuser Busch Inbev NV will post 4.22 earnings per share for the current year.

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

Several brokerages recently weighed in on BUD. J P Morgan Chase & Co reissued an “underweight” rating on shares of Anheuser Busch Inbev in a research report on Tuesday. 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. Societe Generale downgraded shares of Anheuser Busch Inbev from a “hold” rating to a “sell” rating in a research 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. Finally, Argus started coverage on shares of Anheuser Busch Inbev in a research report on Friday, September 8th. They issued a “buy” rating and a $136.00 target price for the company. Four investment analysts have rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $127.81.

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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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