Mirabella Financial Services LLP Takes $1.49 Million Position in Anheuser-Busch InBev SA/NV $BUD

Mirabella Financial Services LLP bought a new stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) in the second quarter, Holdings Channel reports. The fund bought 21,676 shares of the consumer goods maker’s stock, valued at approximately $1,490,000.

Several other institutional investors have also bought and sold shares of the company. Legacy Investment Solutions LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV during the 2nd quarter valued at $28,000. Elevation Point Wealth Partners LLC bought a new stake in Anheuser-Busch InBev SA/NV in the 2nd quarter valued at about $35,000. NewSquare Capital LLC lifted its holdings in Anheuser-Busch InBev SA/NV by 602.7% during the second quarter. NewSquare Capital LLC now owns 527 shares of the consumer goods maker’s stock valued at $36,000 after purchasing an additional 452 shares during the last quarter. Westside Investment Management Inc. boosted its position in 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. Finally, Whipplewood Advisors LLC increased its stake 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 worth $58,000 after purchasing an additional 299 shares in the last quarter. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Price Performance

Shares of NYSE BUD opened at $60.99 on Friday. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $72.13. The stock has a market capitalization of $119.09 billion, a P/E ratio of 19.93, a P/E/G ratio of 1.81 and a beta of 0.58. The company’s 50-day moving average is $61.38 and its 200 day moving average is $64.06. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.64 and a quick ratio of 0.48.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings data on Thursday, October 30th. The consumer goods maker reported $0.99 EPS for the quarter, topping the consensus estimate of $0.97 by $0.02. Anheuser-Busch InBev SA/NV had a net margin of 10.40% and a return on equity of 16.20%. The business had revenue of $15.13 billion during the quarter, compared to analyst estimates of $15.28 billion. During the same period last year, the business posted $0.98 earnings per share. Anheuser-Busch InBev SA/NV’s quarterly revenue was up .6% compared to the same quarter last year. On average, sell-side analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Anheuser-Busch InBev SA/NV Announces Dividend

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

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Morningstar upgraded shares of Anheuser-Busch InBev SA/NV to a “buy” rating in a research note on Thursday, September 18th. The Goldman Sachs Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, November 28th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, October 30th. Wells Fargo & Company started coverage on Anheuser-Busch InBev SA/NV in a report on Wednesday, November 19th. They set an “overweight” rating and a $75.00 price objective on the stock. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, November 19th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Anheuser-Busch InBev SA/NV currently has an average rating of “Moderate Buy” and a consensus price target 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.