West Family Investments Inc. Acquires Shares of 4,794 Anheuser-Busch InBev SA/NV $BUD

West Family Investments Inc. bought a new position in Anheuser-Busch InBev SA/NV (NYSE:BUD) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 4,794 shares of the consumer goods maker’s stock, valued at approximately $329,000.

Several other hedge funds and other institutional investors also recently modified their holdings of BUD. Legacy Investment Solutions LLC bought a new position in Anheuser-Busch InBev SA/NV in the 2nd quarter worth approximately $28,000. Elevation Point Wealth Partners LLC bought a new position in shares of Anheuser-Busch InBev SA/NV in the second quarter worth $35,000. NewSquare Capital LLC boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 602.7% in the second quarter. NewSquare Capital LLC now owns 527 shares of the consumer goods maker’s stock worth $36,000 after acquiring an additional 452 shares during the period. Westside Investment Management Inc. grew its position in shares of Anheuser-Busch InBev SA/NV by 51.6% in the second quarter. Westside Investment Management Inc. now owns 758 shares of the consumer goods maker’s stock valued at $52,000 after purchasing an additional 258 shares in the last quarter. Finally, Whipplewood Advisors LLC grew its position in shares of Anheuser-Busch InBev SA/NV by 55.2% in the second quarter. Whipplewood Advisors LLC now owns 841 shares of the consumer goods maker’s stock valued at $58,000 after purchasing an additional 299 shares in the last quarter. Institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Trading Down 0.5%

Shares of BUD opened at $61.55 on Monday. Anheuser-Busch InBev SA/NV has a 1-year low of $45.94 and a 1-year high of $72.13. The company has a market capitalization of $120.18 billion, a P/E ratio of 17.29, a P/E/G ratio of 1.75 and a beta of 0.76. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.64 and a quick ratio of 0.48. The firm’s 50 day simple moving average is $61.19 and its 200 day simple moving average is $64.18.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings results on Thursday, October 30th. The consumer goods maker reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.02. The business had revenue of $15.13 billion during the quarter, compared to analysts’ expectations of $15.28 billion. Anheuser-Busch InBev SA/NV had a net margin of 12.16% and a return on equity of 16.21%. The business’s quarterly revenue was up .6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.98 EPS. Sell-side analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Anheuser-Busch InBev SA/NV Dividend Announcement

The company also recently declared a dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Wednesday, November 19th will be paid a dividend of $0.1722 per share. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a yield of 57.0%. Anheuser-Busch InBev SA/NV’s payout ratio is 7.84%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on BUD. Royal Bank Of Canada restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, October 30th. Kepler Capital Markets downgraded shares of Anheuser-Busch InBev SA/NV from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 9th. Morningstar raised shares of Anheuser-Busch InBev SA/NV to a “buy” rating in a research note on Thursday, September 18th. Deutsche Bank Aktiengesellschaft lowered shares of Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a report on Friday. Finally, UBS Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, Anheuser-Busch InBev SA/NV presently has a consensus rating of “Moderate Buy” and a consensus target price of $72.00.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.