Pacer Advisors Inc. Sells 2,322 Shares of Anheuser Busch Inbev NV (BUD)

Pacer Advisors Inc. decreased its position in shares of Anheuser Busch Inbev NV (NYSE:BUD) by 8.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,619 shares of the consumer goods maker’s stock after selling 2,322 shares during the quarter. Pacer Advisors Inc.’s holdings in Anheuser Busch Inbev were worth $2,331,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of BUD. Opera Trading Capital bought a new position in shares of Anheuser Busch Inbev during the 2nd quarter worth $101,000. Ayalon Holdings Ltd. bought a new position in shares of Anheuser Busch Inbev during the 3rd quarter worth $121,000. Chicago Partners Investment Group LLC grew its position in shares of Anheuser Busch Inbev by 87.4% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 1,636 shares of the consumer goods maker’s stock worth $165,000 after buying an additional 763 shares in the last quarter. Security National Bank of Sioux City Iowa IA bought a new position in shares of Anheuser Busch Inbev during the 2nd quarter worth $202,000. Finally, Compton Capital Management Inc. RI bought a new position in shares of Anheuser Busch Inbev during the 3rd quarter worth $204,000. 4.43% of the stock is currently owned by institutional investors and hedge funds.

Shares of NYSE BUD opened at $69.70 on Friday. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.67 and a quick ratio of 0.53. The firm has a market cap of $118.02 billion, a P/E ratio of 17.25, a P/E/G ratio of 2.61 and a beta of 1.06. Anheuser Busch Inbev NV has a 1-year low of $69.23 and a 1-year high of $117.06.

Anheuser Busch Inbev (NYSE:BUD) last issued its quarterly earnings data on Thursday, October 25th. The consumer goods maker reported $0.82 earnings per share for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.04). The company had revenue of $13.28 billion for the quarter, compared to analysts’ expectations of $13.74 billion. Anheuser Busch Inbev had a return on equity of 18.68% and a net margin of 12.64%. As a group, equities analysts forecast that Anheuser Busch Inbev NV will post 4.08 EPS for the current fiscal year.

The business also recently disclosed a semiannual dividend, which will be paid on Friday, December 21st. Investors of record on Wednesday, November 28th will be paid a dividend of $0.9131 per share. This represents a dividend yield of 2.38%. The ex-dividend date of this dividend is Tuesday, November 27th. Anheuser Busch Inbev’s dividend payout ratio (DPR) is currently 33.42%.

A number of equities analysts have recently issued reports on BUD shares. Macquarie set a $92.00 price target on Anheuser Busch Inbev and gave the stock a “buy” rating in a research report on Tuesday, October 16th. Guggenheim started coverage on Anheuser Busch Inbev in a research report on Thursday, September 13th. They set a “buy” rating and a $107.00 price target on the stock. Zacks Investment Research raised Anheuser Busch Inbev from a “sell” rating to a “hold” rating in a research report on Wednesday, September 5th. Jefferies Financial Group downgraded Anheuser Busch Inbev from a “buy” rating to a “hold” rating in a research report on Monday, October 1st. Finally, Argus downgraded Anheuser Busch Inbev from a “buy” rating to a “hold” rating in a research report on Monday, November 12th. Four equities research analysts have rated the stock with a sell rating, three have issued a hold rating and nine have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $113.26.

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About Anheuser Busch Inbev

Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. It offers a portfolio of approximately 500 beer brands, including Budweiser, Corona, and Stella Artois; Beck's, Castle, Castle Lite, Hoegaarden, and Leffe; and Aguila, Antarctica, Bud Light, Brahma, Cass, Chernigivske, Cristal, Harbin, Jupiler, Klinskoye, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, Sibirskaya Korona, and Skol.

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Institutional Ownership by Quarter for Anheuser Busch Inbev (NYSE:BUD)

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