First Trust Direct Indexing L.P. Boosts Stock Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

First Trust Direct Indexing L.P. boosted its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 35.0% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 13,770 shares of the consumer goods maker’s stock after buying an additional 3,567 shares during the period. First Trust Direct Indexing L.P.’s holdings in Anheuser-Busch InBev SA/NV were worth $890,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in BUD. Anchor Investment Management LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth approximately $26,000. Naples Money Management LLC bought a new stake in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth approximately $30,000. GPS Wealth Strategies Group LLC boosted its holdings in Anheuser-Busch InBev SA/NV by 448.2% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 603 shares of the consumer goods maker’s stock valued at $33,000 after acquiring an additional 493 shares during the period. Cary Street Partners Investment Advisory LLC increased its stake in Anheuser-Busch InBev SA/NV by 125.4% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 629 shares of the consumer goods maker’s stock worth $35,000 after purchasing an additional 350 shares during the period. Finally, Russell Investments Group Ltd. boosted its stake in shares of Anheuser-Busch InBev SA/NV by 116.5% during the fourth quarter. Russell Investments Group Ltd. now owns 643 shares of the consumer goods maker’s stock valued at $42,000 after purchasing an additional 346 shares during the period. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. Jefferies Financial Group upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and increased their target price for the stock from $60.00 to $76.00 in a report on Wednesday, January 10th. TD Cowen cut their price objective on shares of Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an “outperform” rating on the stock in a report on Tuesday, March 5th. Finally, BNP Paribas lowered Anheuser-Busch InBev SA/NV from an “outperform” rating to a “neutral” rating in a report on Friday, January 12th. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Anheuser-Busch InBev SA/NV currently has an average rating of “Moderate Buy” and a consensus price target of $71.70.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD opened at $59.72 on Friday. The company has a 50 day moving average of $60.40 and a two-hundred day moving average of $61.22. The company has a quick ratio of 0.48, a current ratio of 0.63 and a debt-to-equity ratio of 0.80. Anheuser-Busch InBev SA/NV has a twelve month low of $51.66 and a twelve month high of $66.32. The company has a market cap of $103.75 billion, a price-to-earnings ratio of 22.54, a price-to-earnings-growth ratio of 1.80 and a beta of 1.11.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its earnings results on Wednesday, February 28th. The consumer goods maker reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.06. Anheuser-Busch InBev SA/NV had a return on equity of 13.57% and a net margin of 8.99%. The firm had revenue of $14.47 billion for the quarter, compared to the consensus estimate of $15.34 billion. During the same period in the previous year, the business earned $0.98 EPS. As a group, analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Anheuser-Busch InBev SA/NV Increases Dividend

The business also recently declared an annual dividend, which will be paid on Friday, June 7th. Shareholders of record on Monday, May 6th will be given a dividend of $0.8722 per share. This is an increase from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. This represents a yield of 1.1%. The ex-dividend date of this dividend is Friday, May 3rd. Anheuser-Busch InBev SA/NV’s dividend payout ratio (DPR) is currently 23.02%.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.