Heineken NV $ 45.07 -0.49 (-1.08%)
Heineken NV News and Headlines -
Heineken NV (XAMS:HEIA) (HEINY) has had another great year of growth, driven by emerging markets.
At 102.8 euros ($111.12), the stock trades at a pretty reasonable price. There are 570 million shares and the market cap is 58.6 billion euros. Diluted earnings were 4.38 euros per share, an increase of 5.5%. The stock trades at a price-earnings ratio of 23.5. The dividend is 1.68 euros, so the dividend yield is 1.63%. The dividend was 1.60 euros last year, so that’s an increase of 5%.
Organic net revenue increased 5.6% and beer volume was up 3.1%.
Heineken Holding NV (OTCPK:HKHHF)'s shares took a hit Monday when the company missed earnings expectations. Management blamed the disappointing result on a damp June and rising aluminum prices. Still, volumes were up, especially in emerging markets. The non-alcoholic brand is performing very well.
Net revenue was up 5.9%. Not bad at all! Total beer volume increased 3.1%, and the Heineken brand 6.9%. Net profit was down 1.4% to 936 million euros, and earnings per share declined 1.2% to 1.64 euros. Free cash flow was 578 million euros. The company will pay an interim dividend on the main shares of 64
The MS Global Franchise Fund (Trades, Portfolio), part of Morgan Stanley (MS), disclosed this week its top five buys for fourth-quarter 2018 were Baxter International Inc. (BAX), Heineken NV (XAMS:HEIA), Reckitt Benckiser Group PLC (LSE:RB), SAP SE (XTER:SAP) and Microsoft Corp. (MSFT).
The fund seeks long-term capital appreciation through investments in securities with resilient business franchises and growth potential. Key characteristics include sustainable return on invested capital, high gross margins, strong free cash flow generation and good financial strength. As of quarter-end, the 31-stock equity portfolio’s top sectors in terms of weight are consumer
The management team of the Morgan Stanley Global Franchise Fund, among the top 12% of open-ended funds in the U.S., has indicated the establishment of two positions, which were reflected in regulatory filings disclosed this week.
Regulatory filings indicated Morningstar’s bronze-medal fund gained a total of more than 280,000 shares of Western Europe’s largest beer producer, Heineken NV (XAMS: HEIA). Each share of the Netherlands-based brewer was priced at an average 86.76 euros ($101.65) per share. The shares, the fund’s largest new position, sit in a portfolio space of 2.66%, and have produced an estimated 1% in trading gains.
A vigorous day for trading spilled over to the world’s largest brewing companies.
Denver’s Molson Coors Brewing Co. (TAP) closed with a gain of more than 0.50% to $61.39 a share. It was a nice change after shares took a double-digit dive last week when the company released earnings showing U.S. sales dropped almost 6%.
Heineken NV (XAMS:HEIA), also up 0.07%, stood at nearly 88 euros ($104.88). The market has been widely generous to the stock of the Netherlands-based brewer, up 23% over the last three years.
Thursday’s laggard was the world’s largest brewer, Anheuser-Busch InBev (BUD), down more than
Royal Unibrew (OCSE:RBREW) is a Danish brewer and beverages company. The stock does not trade in the U.S. The company is very profitable and has been growing sales and revenues. For the last 18 years, the stock has been a 12-bagger.
The stock trades for 406.4 Danish krone ($66.58), there are 52.7 million shares and the market cap is 21.4 billion krone ($3.5 billion). Earnings per share were 15.97 krone and the price-earnings ratio is 25.5. The dividend is 8.9 krone and the dividend yield is 2.19%. The dividend was raised from 8.15 krone last year to 8.9 krone.
Compania Cervecerias Unidas (CCU) is the largest brewer in Chile. The company is majority owned by Heineken and another holding company and has an awesome portfolio of brands including Pepsi, Absolute Vodka and Perrier, to name just a few. The company is very profitable though the stock is a little pricey at this point.
The stock trades for $29.53 and the market cap is $5.24 billion. Earnings per share are $1.15, so the price to earnings ratio would be 25.7. The dividend is 56 cents and the dividend yield is 1.9%. The stock trades on the New York Stock
Sleepy C&C Plc (CCGGY) is still a buy. The brewer is too small to survive on its own and would be a perfect opportunity for a food company to break into beer or for Inbev (BUD) or Heineken (HEINY) to expand.
The stock sells for €2.90 in London, there are 309,551,000 shares and the market cap is €898 million ($1.059 billion). It takes $1.18 to buy one euro. Assuming the dividend is not increased in the next half (but it probably will be), the dividend is 14.58 euro cents and the dividend yield is an amazing 5%.
For the first
United Breweries Ltd. (NSE:UBL) is an Indian brewer that markets Kingfisher beer and is partially owned by Heineken (XAMS:HEIO)(HEINY). The company’s principal shareholder, Vijay Mallya, is in legal and financial trouble. The stock was recently purchased by IVA Funds.
The stock trades for 811 rupees ($12.59), there are 264.4 million shares and the market cap is 218 billion rupees ($3.4 billion). It takes 64.4 rupees to buy one dollar. The dividend is 1.15 rupees and the dividend yield is .0014%. Earnings per share are 8.7 rupees and the price-earnings (P/E) ratio is 93.2.
Sales for fiscal
Heineken (HEINY) (HKHHY) is arguably one of the strongest brand names in the world. With all of the consolidation of brewers, Heineken is left as the second-largest beer maker in the world. It has increased revenues and earnings year after year and is very profitable.
There are 570 million shares, the stock trades at 77.71 euros ($82.05) and the market cap is 44.3 billion euros ($47 billion). Earnings per share are 3.68 euros and the price-earnings ratio is 21.1. The dividend is 1.34 euros and the dividend yield is 1.72%. It takes $1.06 to buy one euro.
Revenues increased 20.792
Royal UNIBREW (OCSE:RBREW) is a brewer and distributor of juices and soft drinks based in Denmark. The company does not have an American listing but has been very successful. The stock is reasonably priced, and profit margins are high.
The company has 54.1 million shares, the stock trades at 317 Danish krone ($46.79), and the market cap is 17.149 billion krone. It takes 6.79 krone to buy one dollar. Estimated earnings for 2016 are 14.43 krone, and the stock trades at a price-earnings (P/E) ratio of 22. The dividend is 7.2 krone, and the dividend yield is 2.27%.
C&C Group PLC (CCGGY) is an Irish-based brewer of beer and alcoholic ciders. Management has been doing the best it can to compete against the giant brewers. Eventually, the company will probably get bought out.
There are 324.9 million shares, the stock trades at 3.49 euros ($3.82), and the market cap is 1.133 billion euros. Last year’s dividend was 0.1362 euros and I assume management will increase at least 5% this year, so I am going to say the dividend is 0.1431 euros. The dividend yield would be 4%. The forward earnings per share are 0.25 euros and the price-earnings
TO: LIMITED PARTNERS OF SEMPER VIC PARTNERS, L.P.
Results for Semper Vic Partners, L.P. for First Quarter 2016, appear below, along with cumulative performance since L.P. conversion in July 1990. Partnership results are presented net of advisory fees and are compared to market indices whose returns include reinvested dividend income:
Investment Position and Outlook
If ever global equity markets mumbled the words that they wished they “lived
Heineken (HEINY, HKHHF) is arguably one of the best stocks in the world. Its products are sold in almost every country and its sales and earnings have been going up year after year. The stock is expensive and probably not a buy at this point, but should be on your radar.
There are 572.3 million shares of Heineken and the company trades at a market cap of 46.1 billion euros ($51.63 billion). There are 288 million shares of Holdings and it trades at a market cap of 21 billion euros ($23.6 billion). Earnings per share were 3.31 euros in 2015.
Tom Russo (Trades, Portfolio), partner at Gardner Russo & Gardner, told Bloomberg yesterday that value investors will make money over time, and it will depend on the ability of the companies in which they've invested to reinvest the money over time. Russo has large positions in Richemont (XSWX:CFR), Pernod (XPAR:RI), Heineken (XAMS:HEIA), which have large exposure to emerging markets. But most of his companies have a long-term outlook and ability to withstand sudden downturns such as China, he said.
The third quarter in global equity markets was characterized by a dramatic increase in equity market volatility, seemingly driven in large part by concerns about slowing growth in China, the devaluation of the yuan, volatile oil prices, and the prospect for an increase in U.S. interest rates. While the Tweedy, Browne Funds finished the quarter in the red, all, with the exception of the Worldwide High Dividend Yield Value Fund, bested their respective benchmark indices, with our two international Funds, Global Value and Global Value II, doing so by a considerable margin. Near quarter-end, equity markets began to rebound, and
Renowned global value investor Tom Russo is famously known for the notion of “Capacity to Suffer.” When we think about Mr. Russo, “ Capacity to Suffer” is also the first thing that comes to our mind. Although I am a big fan of “Capacity to Suffer” myself, I think there are a few important qualities of Mr. Russo that are very much underappreciated.
1. Staying focused and knowing the edge of your circle of competency.
If we look at Mr. Russo’s portfolio since the 1980s, it is very clear to see that he has focused on a fairly narrow universe:
Note to Big Beer: Beware the affronted beard!
MillerCoors, the joint venture between SABMiller plc (SBMRY) and Molson Coors Brewing Company (TAP), is facing a class-action lawsuit from craft beer enthusiasts for having theaudacity to imply that Blue Moon—one of the fastest-growing beer brands in America—was a craft beer.
Given the affection that hipsters have for all things vintage, retro, and old-man chic, I’m a little surprised the lead plaintiff didn’t slap the MillerCoors marketing director with a white riding glove and demand satisfaction with pistols at dawn. Such was the offense taken.
I personally like Blue Moon, and I
Boston-based Boston Beer Company (SAM), very popular for its Samuel Adams beer, announced its fourth-quarter earnings on Feb. 24, 2015.
The revenue figure of $218 million was 6% higher than last year’s figure but short of analyst expectation of $236 million. The revenue figure by the end of corresponding quarter last year was $206 million. Net income increased to $19 million from last year’s $18 million. The company said that the net income stood at $1.40 per share, lower than the analyst expectation of $1.51. Boston Beer has given a guidance of $7.10 to $7.50 to be the
Heineken (HEINY)—the world’s third-largest brewer— made news over the weekend by rejecting a merger offer from rival SABMiller (SBMRY)—the world’s second-largest brewer. Apart from creating a global beer-brewing juggernaut, SABMiller’s offer was an attempt to fend off a potential bid by Anheuser-Busch InBev(BUD), the world’s largest brewer, according to Bloomberg.
I’ve got news for you: A mega beer merger isn’t happening.
Consider the trouble Anheuser-Busch InBev had in getting its 2013 acquisition of Mexican brewing groupGrupo Modelo approved. BUD had to sell its American distribution rights to Corona and Negra Modelo toConstellation Brands (STZ) in
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