Finally, Haverford Trust Co. grew its stake in shares of Anheuser Busch Inbev by 1.5% in the third quarter. Franklin Resources Inc. raised its stake in shares of Anheuser Busch Inbev NV by 54.8% in the fourth quarter. The Manufacturers Life Insurance Company now owns 3,170,017 shares of the consumer goods maker's stock valued at $349,844,000 after purchasing an additional 352,595 shares in the last quarter. Anheuser-Busch InBev SA/NV is comprised of insider ownership at 53.90% and institutional ownership of 6.10%. Jolley Asset Management LLC now owns 38,720 shares of the consumer goods maker's stock valued at $4,273,000 after buying an additional 4,500 shares in the last quarter.
James Sembrot, Anheuser-Busch's senior director of logistics strategy, told the WSJ that the company spends around $120 million each year on fuel. 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 Sa/Nv now has $215.00B valuation.
Analysts on average have given a price target of $130.38 to Anheuser-Busch InBev SA/NV (BUD) stock. 224,356 shares of the company's stock traded hands. The 200-day simple moving average is -2.46% and the 20-day simple moving average is -2.70%. The stock has a market cap of $226.26 billion and a P/E ratio of 85.47. Anheuser Busch Inbev NV has a twelve month low of $100.90 and a twelve month high of $126.50. The consumer goods maker reported $1.31 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.50 by ($0.19). The firm had revenue of $14.74 billion for the quarter, compared to the consensus estimate of $15 billion. During the same quarter in the prior year, the company earned $0.83 earnings per share. Weitz Incorporated invested 0.08% in Anheuser-Busch InBev SA/NV (NYSE:BUD).
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The business also recently declared a semiannual dividend, which was paid on Thursday, May 25th. The ex-dividend date of this dividend was Monday, May 1st. This represents a dividend yield of 3.07%. BUD has been the topic of a number of recent analyst reports. Anheuser Busch Inbev's dividend payout ratio is now 117.28%. BidaskClub downgraded Anheuser Busch Inbev from a "hold" rating to a "sell" rating in a report on Thursday, August 10th. Argus assumed coverage on shares of Anheuser Busch Inbev in a research note on Friday, September 8th. They set a "buy" rating and a $136.00 target price on the stock.
Several research analysts have recently weighed in on BUD shares. Price Target plays a critical role when it comes to the analysis of a Stock. More to the point, Anheuser-Busch notes that it's checking out Tesla's Semi offering as part of a big overall focus on innovative tech in this sector. The company's current total fleet is close to 750 trucks. The company is also interested in Nikola Motor Co.'s hydrogen-electric semi-trucks, which will reportedly be able to travel between 800 and 1,200 miles on one fill-up versus Tesla's 500 mile range.