Creative Planning Purchases 22,057 Shares of Anheuser-Busch InBev SA/NV $BUD

Creative Planning grew its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 25.6% during the second quarter, according to its most recent filing with the SEC. The firm owned 108,066 shares of the consumer goods maker’s stock after acquiring an additional 22,057 shares during the period. Creative Planning’s holdings in Anheuser-Busch InBev SA/NV were worth $7,426,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Legacy Investment Solutions LLC purchased a new stake in Anheuser-Busch InBev SA/NV in the second quarter worth $28,000. NewSquare Capital LLC boosted its holdings 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 valued at $36,000 after buying an additional 452 shares in the last quarter. Westside Investment Management Inc. grew 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 buying an additional 258 shares during the period. Whipplewood Advisors LLC grew its position 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 buying an additional 299 shares during the period. Finally, Reyes Financial Architecture Inc. bought a new position in shares of Anheuser-Busch InBev SA/NV in the 2nd quarter worth about $59,000. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Wall Street Analysts Forecast Growth

BUD has been the topic of several research reports. Royal Bank Of Canada reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, October 30th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, October 31st. JPMorgan Chase & Co. restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, October 31st. Wells Fargo & Company started coverage on Anheuser-Busch InBev SA/NV in a report on Wednesday. They issued an “overweight” rating and a $75.00 target price on the stock. Finally, Morningstar raised Anheuser-Busch InBev SA/NV to a “buy” rating in a research note on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $72.00.

Anheuser-Busch InBev SA/NV Stock Performance

BUD stock opened at $60.74 on Thursday. The stock’s 50 day simple moving average is $60.73 and its 200 day simple moving average is $64.41. 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 stock has a market capitalization of $118.61 billion, a PE ratio of 17.06, a price-to-earnings-growth ratio of 1.75 and a beta of 0.76.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings results on Thursday, October 30th. The consumer goods maker reported $0.99 earnings per share 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 firm’s revenue for the quarter was up .6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.98 earnings per share. As a group, research 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 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 given a $0.1722 dividend. 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%.

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.