Private Wealth Partners LLC raised its stake in Anheuser Busch Inbev NV by 3.1% in the first quarter. The fund owned 1,599 shares of the consumer goods maker's stock after buying an additional 288 shares during the period. MA's holdings in Anheuser Busch Inbev NV were worth $534,000 at the end of the most recent quarter. Investors may also be paying close concentration to some simple moving average indicators on shares of Anheuser-Busch InBev SA/NV (BUD).
Anheuser-Busch InBev SA/NV (NYSE:BUD) last session's volume of 5.47 million shares was higher than its average volume of 1.72 million shares. Finally, Northwest Wealth Management LLC boosted its stake in shares of Anheuser Busch Inbev NV by 2.3% in the first quarter. Raymond James Trust N.A. boosted its stake in shares of Anheuser Busch Inbev NV by 1.0% in the first quarter. First Eagle Investment Management LLC now owns 1,741,712 shares of the consumer goods maker's stock worth $228,878,000 after buying an additional 167,946 shares during the last quarter. The original version of this story can be viewed at https://www.chaffeybreeze.com/2017/05/18/anheuser-busch-inbev-nv-bud-shares-bought-by-ftb-advisors-inc-updated.html. The consumer goods maker reported $0.43 earnings per share for the quarter, missing the consensus estimate of $1.03 by $0.60. Locust Wood Capital Advisers LLC acquired a new stake in shares of Anheuser Busch Inbev NV during the third quarter valued at approximately $25,658,000. Private Wealth Partners LLC now owns 2,104 shares of the consumer goods maker's stock worth $231,000 after buying an additional 64 shares in the last quarter.
Shares of Anheuser Busch Inbev NV (NYSE:BUD) traded down 2.3558% during trading on Monday, hitting $116.6946. The stock traded on unusually fell down to knees volume of 13.41 Million comparing to the average volume of 9081.40 shares, completing picture of exact trends with uncompleted dots in volume over the norm. Shares are trading 5.63% above their 50-day moving average, and 5.17% below their 200-day moving average. The 52-week range of the share price is from $98.28 - $136.08, while its earnings per share (EPS) was $1.20. The company has market cap of $195.82 billion.
Anheuser Busch Inbev NV (NYSE:BUD) last issued its quarterly earnings data on Thursday, March 2nd. The company had revenue of $14.20 billion for the quarter, compared to analyst estimates of $14.04 billion. The company's revenue was up 1.1% on a year-over-year basis. One obvious way to identify high earnings per share growth companies is to find companies that have demonstrated such growth over the past 5 to 10 years. Meridian Management Co. purchased a new stake in Anheuser Busch Inbev NV during the third quarter worth about $2,859,000.
The business also recently announced a semiannual dividend, which will be paid on Thursday, May 25th. Stockholders of record on Wednesday, May 3rd will be given a dividend of $2.12 per share. This represents a yield of 3.89%. The ex-dividend date of this dividend is Monday, May 1st.
WARNING: This article was posted by Markets Daily and is the sole property of of Markets Daily. If you are reading this news story on another domain, it was illegally copied and reposted in violation of U.S. & worldwide trademark and copyright law. Zacks Investment Research downgraded Anheuser Busch Inbev NV from a "hold" rating to a "strong sell" rating in a report on Wednesday, May 10th. HSBC Holdings plc cut Anheuser Busch Inbev NV from a "buy" rating to a "hold" rating in a research note on Tuesday, January 31st. Bank of America Corp lowered Anheuser Busch Inbev NV from a "buy" rating to a "neutral" rating and dropped their price objective for the stock from $120.00 to $115.00 in a research note on Thursday, March 2nd. Susquehanna Bancshares Inc reissued a "hold" rating and issued a $103.00 target price (up from $101.00) on shares of Anheuser Busch Inbev NV in a report on Thursday, May 4th. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and ten have issued a buy rating to the stock. The company now has a consensus rating of "Hold" and an average price target of $122.96.
Anheuser Busch Inbev NV presently has a consensus rating of "Hold" and an average price target of $122.96.