3,509 Shares in Anheuser-Busch InBev SA/NV (NYSE:BUD) Purchased by Fairvoy Private Wealth LLC

Fairvoy Private Wealth LLC bought a new stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) in the 1st quarter, according to its most recent disclosure with the SEC. The fund bought 3,509 shares of the consumer goods maker’s stock, valued at approximately $216,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of BUD. Dodge & Cox raised its stake in Anheuser-Busch InBev SA/NV by 27.7% in the fourth quarter. Dodge & Cox now owns 39,996,830 shares of the consumer goods maker’s stock valued at $2,002,641,000 after buying an additional 8,670,940 shares in the last quarter. Artisan Partners Limited Partnership purchased a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at about $56,849,000. Raymond James Financial Inc. acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth about $37,311,000. Alberta Investment Management Corp purchased a new stake in Anheuser-Busch InBev SA/NV during the fourth quarter worth approximately $28,540,000. Finally, The Manufacturers Life Insurance Company boosted its holdings in Anheuser-Busch InBev SA/NV by 7.2% in the fourth quarter. The Manufacturers Life Insurance Company now owns 7,569,492 shares of the consumer goods maker’s stock valued at $379,004,000 after purchasing an additional 505,206 shares in the last quarter. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on BUD shares. BNP Paribas upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 30th. Wall Street Zen cut Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a research report on Sunday, May 18th. Deutsche Bank Aktiengesellschaft raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a report on Monday, March 3rd. Argus upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 price target on the stock in a research note on Thursday, March 27th. Finally, Berenberg Bank assumed coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They issued a “buy” rating for the company. Two investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $71.50.

Anheuser-Busch InBev SA/NV Price Performance

Shares of Anheuser-Busch InBev SA/NV stock opened at $71.12 on Monday. The business’s fifty day moving average price is $67.07 and its 200 day moving average price is $58.70. Anheuser-Busch InBev SA/NV has a twelve month low of $45.94 and a twelve month high of $71.94. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The stock has a market capitalization of $127.82 billion, a P/E ratio of 21.95, a PEG ratio of 1.73 and a beta of 0.85.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its earnings results on Thursday, May 8th. The consumer goods maker reported $0.81 EPS for the quarter, beating analysts’ consensus estimates of $0.77 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. The business’s revenue was down 6.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.75 EPS. As a group, research analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Anheuser-Busch InBev SA/NV Increases Dividend

The firm also recently announced an annual dividend, which was paid on Friday, June 6th. Shareholders of record on Wednesday, May 7th were given a $1.0492 dividend. This represents a dividend yield of 1.2%. This is a positive change from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.87. The ex-dividend date of this dividend was Wednesday, May 7th. Anheuser-Busch InBev SA/NV’s dividend payout ratio is presently 24.35%.

Anheuser-Busch InBev SA/NV Profile

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.