Anheuser-Busch InBev SA/NV $BUD Stock Position Lowered by Pekin Hardy Strauss Inc.

Pekin Hardy Strauss Inc. decreased its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 78.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,543 shares of the consumer goods maker’s stock after selling 44,866 shares during the quarter. Pekin Hardy Strauss Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $862,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of BUD. NewSquare Capital LLC raised its position in 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 in the last quarter. Westside Investment Management Inc. grew its stake 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 grew its stake in shares of 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 during the last quarter. Larson Financial Group LLC raised its holdings in shares of Anheuser-Busch InBev SA/NV by 65.1% in the 1st quarter. Larson Financial Group LLC now owns 964 shares of the consumer goods maker’s stock worth $59,000 after purchasing an additional 380 shares in the last quarter. Finally, Reyes Financial Architecture Inc. acquired a new stake in Anheuser-Busch InBev SA/NV during the second quarter valued at approximately $59,000. 5.53% of the stock is owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Price Performance

Shares of NYSE:BUD opened at $63.30 on Friday. The company’s fifty day moving average is $60.24 and its two-hundred day moving average is $64.56. The company has a market cap of $123.61 billion, a P/E ratio of 17.78, a price-to-earnings-growth ratio of 1.75 and a beta of 0.76. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $72.13. The company has a quick ratio of 0.48, a current ratio of 0.64 and a debt-to-equity ratio of 0.79.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its earnings results 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 return on equity of 16.21% and a net margin of 12.16%.The company’s revenue was up .6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.98 earnings per share. Equities 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 firm also recently announced 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. This represents a yield of 55.0%. The ex-dividend date of this dividend is Wednesday, November 19th. Anheuser-Busch InBev SA/NV’s payout ratio is 27.45%.

Wall Street Analyst Weigh In

BUD has been the subject of a number of research reports. Jefferies Financial Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, October 30th. The Goldman Sachs Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, October 31st. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, October 8th. Barclays reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, October 31st. Finally, UBS Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus 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.