Prospera Financial Services Inc Makes New Investment in Anheuser-Busch InBev SA/NV $BUD

Prospera Financial Services Inc bought a new position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 3,268 shares of the consumer goods maker’s stock, valued at approximately $225,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Legacy Investment Solutions LLC bought a new position in Anheuser-Busch InBev SA/NV during the second quarter worth about $28,000. NewSquare Capital LLC grew its position in shares of Anheuser-Busch InBev SA/NV by 602.7% during the 2nd quarter. NewSquare Capital LLC now owns 527 shares of the consumer goods maker’s stock worth $36,000 after purchasing an additional 452 shares in the last quarter. Westside Investment Management Inc. increased its holdings in shares of Anheuser-Busch InBev SA/NV by 51.6% during the second quarter. Westside Investment Management Inc. now owns 758 shares of the consumer goods maker’s stock worth $52,000 after purchasing an additional 258 shares during the period. Whipplewood Advisors LLC raised 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 buying an additional 299 shares in the last quarter. Finally, Reyes Financial Architecture Inc. acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the second quarter valued at approximately $59,000. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Price Performance

Anheuser-Busch InBev SA/NV stock opened at $63.84 on Monday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.48 and a current ratio of 0.64. Anheuser-Busch InBev SA/NV has a 52 week low of $45.94 and a 52 week high of $72.13. The stock has a market capitalization of $124.65 billion, a P/E ratio of 17.93, a price-to-earnings-growth ratio of 1.75 and a beta of 0.76. The stock has a fifty day moving average of $60.61 and a 200-day moving average of $64.49.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings data on Thursday, October 30th. The consumer goods maker reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.02. Anheuser-Busch InBev SA/NV had a return on equity of 16.21% and a net margin of 12.16%.During the same period last year, the firm earned $0.98 EPS. The firm’s revenue was up .6% on a year-over-year basis. On average, sell-side analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Anheuser-Busch InBev SA/NV Announces Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, December 17th. Investors of record on Wednesday, November 19th will be given a dividend of $0.1722 per share. This represents a yield of 55.0%. The ex-dividend date is Wednesday, November 19th. Anheuser-Busch InBev SA/NV’s dividend payout ratio is currently 7.84%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on BUD. Royal Bank Of Canada reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, October 30th. UBS Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, October 31st. DZ Bank restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, November 7th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $71.00.

Anheuser-Busch InBev SA/NV Company Profile

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.