Future earnings predictions are perhaps the most essential input when trying to value a company. Allen Investment Management LLC now owns 484,999 shares of the consumer goods maker's stock valued at $53,524,000 after acquiring an additional 179,992 shares during the last quarter.
Those of you following the autonomous trucking industry closely probably remember that Anheuser-Busch was playing with Otto/Uber self-driving trucks past year. Advisors Capital Management LLC lifted its holdings in Anheuser Busch Inbev by 1.5% during the 2nd quarter. Cowen Inc. grew its holdings in Anheuser Busch Inbev by 76.5% during the second quarter. The fund owned 31,090 shares of the consumer goods maker's stock after acquiring an additional 21,085 shares during the period.
Last month, Tesla received orders for its electric trucks from high profile companies such as Wal-Mart Stores Inc and fleet operator J.B. Hunt. Franklin Resources Inc. now owns 8,421,416 shares of the consumer goods maker's stock valued at $887,954,000 after buying an additional 2,982,684 shares during the period.
Several brokerages have recently commented on BUD. ING Group upgraded the shares of BUD in report on Wednesday, August 26 to "Hold" rating. Berenberg upgraded the shares of BUD in report on Friday, November 13 to "Buy" rating. Four analysts have rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the stock. The company presently has an average rating of "Hold" and a consensus price target of $127.81.
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Analysts on average have given a price target of $130.38 to Anheuser-Busch InBev SA/NV (BUD) stock. Anheuser-Busch reduced total water use at its breweries by almost 50 percent over the last 10 years, and recently announced its commitment to converting it facilities to 100% purchased renewable energy. The company has a market capitalization of $191,327.88, a price-to-earnings ratio of 32.94, a P/E/G ratio of 1.76 and a beta of 1.04.
Anheuser Busch Inbev (NYSE:BUD) last announced its quarterly earnings data on Thursday, October 26th. Bartlett & Co. LLC now owns 164,500 shares of the consumer goods maker's stock valued at $18,154,000 after buying an additional 570 shares in the last quarter. Anheuser Busch Inbev had a return on equity of 16.57% and a net margin of 9.57%. The company had revenue of $14.74 billion during the quarter, compared to the consensus estimate of $15 billion. Comparatively, BUD posted earnings of $1.5 per share in the same quarter, a year earlier. On average, analysts anticipate that Anheuser Busch Inbev NV will post $4.22 EPS for the current year. Stockholders of record on Wednesday, May 3rd were issued a dividend of $2.12 per share. This represents a dividend yield of 3.07%. The ex-dividend date of this dividend is Tuesday, November 14th. Anheuser Busch Inbev's dividend payout ratio (DPR) is presently 117.28%.
COPYRIGHT VIOLATION NOTICE: This piece was first reported by Week Herald and is the sole property of of Week Herald. If you are reading this news story on another website, it was stolen and reposted in violation of USA and global copyright & trademark laws. France-based Exane Derivatives has invested 0% in Anheuser-Busch InBev SA/NV (NYSE:BUD). The company's current total fleet is close to 750 trucks. It offers a portfolio of approximately 500 beer brands, including Budweiser, Corona, and Stella Artois; BeckÂ'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 brands.