Anheuser-Busch Inbev SA Sponsor (NYSE:BUD).
Fisher Asset Management, LLC reports that it raised its ownership in Anheuser-Busch Inbev SA Sponsor stock by 1.0% in the quarter ending 06/30/2017. Its position was valued at $629,886,000 an increase of 1.6% as of quarter end.
Here are some other firms who have updated their holdings. As of the end of the quarter Vontobel Asset Management Inc had disposed of a total of 11,171 shares trimming its holdings by 20.6%. The value of the total investment in Anheuser-Busch Inbev SA Sponsor decreased from $5,955,000 to $4,755,000 decreasing 20.2% quarter over quarter. Narwhal Capital Management added to its ownership by buying 10,675 shares an increase of 45.7% as of 06/30/2017. Narwhal Capital Management claims 34,040 shares worth $3,757,000. The total value of its holdings increased 46.5%.
Creative Planning grew its stake by buying 13,285 shares an increase of 1,328.5% in the quarter. Creative Planning currently owns 14,285 shares valued at $1,576,000. The value of the position overall is up by 0.0%.
On November 17 the company was downgraded from “Buy” to “Hold” in a statement from Investec. On October 20 the stock rating was downgraded to “Hold” from “Buy” by Societe Generale.
On October 5 analysts at Morgan Stanley added the stock to its research portfolio by announcing an initial rating of “Overweight”. Liberum initiated coverage with an initial rating of “Buy”.
On September 13, 2016 Jefferies started covering the stock with a rating of “Buy”. On August 22 the company was set at “Buy” according to a Kepler Cheuvreux report up from the previous “” rating.
The company is so far trading up from yesterday’s close of $111.07. Additionally the company recently declared a dividend for shareholders paid on Thursday May 25th, 2017. The dividend was $0.975 per share for the quarter which comes to $3.90 on an annualized basis. The dividend yield was $3.49. The ex-dividend date was set for Monday the 1st of May 2017.
It is currently trading at $112.51 which is marginally under the 50 day moving average of $116.15 and just a bit higher than the 200 day moving average of $110.29. The 50 day moving average moved down $-3.64 whereas the 200 day moving average was up $2.22 or +2.01%.
The P/E ratio is 82.18 and the market cap is 217.56B. As of the last earnings report the EPS was $1.37 and is expected to be $4.20 for the current year with 1,933,701,000 shares presently outstanding. Analysts expect next quarter’s EPS to be $1.15 with next year’s EPS anticipated to be $4.89.