Laurel Wealth Advisors LLC Acquires 71,106 Shares of Anheuser-Busch InBev SA/NV $BUD

Laurel Wealth Advisors LLC lifted its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 6,772.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 72,156 shares of the consumer goods maker’s stock after purchasing an additional 71,106 shares during the quarter. Laurel Wealth Advisors LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $4,959,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Legacy Investment Solutions LLC bought a new stake in Anheuser-Busch InBev SA/NV in the second quarter worth $28,000. NewSquare Capital LLC raised its position in shares of Anheuser-Busch InBev SA/NV by 602.7% in 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 during the last quarter. Westside Investment Management Inc. raised its position in shares of Anheuser-Busch InBev SA/NV by 51.6% in the 2nd 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 last quarter. Whipplewood Advisors LLC boosted its stake in Anheuser-Busch InBev SA/NV by 55.2% in the 2nd quarter. Whipplewood Advisors LLC now owns 841 shares of the consumer goods maker’s stock worth $58,000 after purchasing an additional 299 shares in the last quarter. Finally, Reyes Financial Architecture Inc. purchased a new stake in Anheuser-Busch InBev SA/NV during the 2nd quarter valued at about $59,000. Institutional investors own 5.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on BUD shares. Wells Fargo & Company assumed coverage on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, November 19th. They set an “overweight” rating and a $75.00 price target on the stock. JPMorgan Chase & Co. reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday. UBS Group reaffirmed 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. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $72.00.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD stock opened at $61.85 on Thursday. The company has a current ratio of 0.64, a quick ratio of 0.48 and a debt-to-equity ratio of 0.79. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $72.13. The business’s 50 day moving average is $61.08 and its two-hundred day moving average is $64.25. The company has a market capitalization of $120.77 billion, a P/E ratio of 17.37, a P/E/G ratio of 1.75 and a beta of 0.76.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings data on Thursday, October 30th. The consumer goods maker reported $0.99 EPS for the quarter, beating 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 return on equity of 16.21% and a net margin of 12.16%.The business’s revenue was up .6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.98 earnings per share. Analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Dividend Announcement

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

Anheuser-Busch InBev SA/NV 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.