Creative Planning Increases Holdings in 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 2nd quarter, Holdings Channel.com reports. The institutional investor owned 108,066 shares of the consumer goods maker’s stock after acquiring an additional 22,057 shares during the quarter. Creative Planning’s holdings in Anheuser-Busch InBev SA/NV were worth $7,426,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Sage Rhino Capital LLC lifted its holdings in Anheuser-Busch InBev SA/NV by 5.1% in the second quarter. Sage Rhino Capital LLC now owns 3,477 shares of the consumer goods maker’s stock valued at $239,000 after acquiring an additional 170 shares during the period. Huntington National Bank increased its position in shares of Anheuser-Busch InBev SA/NV by 16.3% during the 2nd quarter. Huntington National Bank now owns 1,387 shares of the consumer goods maker’s stock valued at $95,000 after purchasing an additional 194 shares during the last quarter. UMB Bank n.a. increased its position in shares of Anheuser-Busch InBev SA/NV by 14.4% during the 2nd quarter. UMB Bank n.a. now owns 1,719 shares of the consumer goods maker’s stock valued at $118,000 after purchasing an additional 217 shares during the last quarter. 1832 Asset Management L.P. lifted its stake in shares of Anheuser-Busch InBev SA/NV by 3.5% in the 1st quarter. 1832 Asset Management L.P. now owns 7,131 shares of the consumer goods maker’s stock worth $439,000 after purchasing an additional 241 shares during the period. Finally, Westside Investment Management Inc. boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 51.6% in the second 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 last quarter. Institutional investors own 5.53% of the company’s stock.

Wall Street Analysts Forecast Growth

BUD has been the subject of a number of research reports. Barclays reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, October 31st. Kepler Capital Markets lowered Anheuser-Busch InBev SA/NV from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 9th. Wells Fargo & Company began coverage on Anheuser-Busch InBev SA/NV in a research report on Wednesday. They set an “overweight” rating and a $75.00 target price on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, October 31st. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, November 13th. 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’s stock. According to MarketBeat.com, Anheuser-Busch InBev SA/NV currently has an average rating of “Moderate Buy” and an average price target of $72.00.

Anheuser-Busch InBev SA/NV Trading Down 0.7%

Shares of Anheuser-Busch InBev SA/NV stock opened at $60.74 on Thursday. Anheuser-Busch InBev SA/NV has a fifty-two week low of $45.94 and a fifty-two week high of $72.13. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.48 and a current ratio of 0.64. The company has a market capitalization of $118.61 billion, a P/E ratio of 17.06, a P/E/G ratio of 1.75 and a beta of 0.76. The company has a fifty day moving average of $60.73 and a 200 day moving average of $64.41.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings data on Thursday, October 30th. The consumer goods maker reported $0.99 EPS 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 in the prior year, the business earned $0.98 EPS. The firm’s revenue for the quarter was up .6% compared to the same quarter last year. On average, sell-side analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Anheuser-Busch InBev SA/NV Dividend Announcement

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

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.