Banque de Luxembourg S.A. Purchases New Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Banque de Luxembourg S.A. acquired a new position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,566 shares of the consumer goods maker’s stock, valued at approximately $79,000.

Several other hedge funds also recently modified their holdings of the company. Dodge & Cox grew its position in Anheuser-Busch InBev SA/NV by 27.7% during the 4th quarter. Dodge & Cox now owns 39,996,830 shares of the consumer goods maker’s stock worth $2,002,641,000 after acquiring an additional 8,670,940 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of Anheuser-Busch InBev SA/NV by 7.2% during the fourth quarter. The Manufacturers Life Insurance Company now owns 7,569,492 shares of the consumer goods maker’s stock worth $379,004,000 after purchasing an additional 505,206 shares during the last quarter. Capital International Investors raised its holdings in shares of Anheuser-Busch InBev SA/NV by 5.5% in the fourth quarter. Capital International Investors now owns 2,594,619 shares of the consumer goods maker’s stock valued at $129,201,000 after buying an additional 134,243 shares during the last quarter. Clarkston Capital Partners LLC lifted its position in Anheuser-Busch InBev SA/NV by 30.3% during the 4th quarter. Clarkston Capital Partners LLC now owns 1,493,842 shares of the consumer goods maker’s stock worth $74,797,000 after buying an additional 347,000 shares in the last quarter. Finally, Artisan Partners Limited Partnership bought a new stake in Anheuser-Busch InBev SA/NV during the 4th quarter worth about $56,849,000. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD stock opened at $66.11 on Friday. The stock has a 50-day moving average of $62.69 and a 200-day moving average of $56.63. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $67.49. The stock has a market cap of $118.81 billion, a PE ratio of 20.40, a price-to-earnings-growth ratio of 1.73 and a beta of 0.80. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.13. The company had revenue of $14.84 billion for the quarter, compared to analysts’ expectations of $14.07 billion. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. As a group, sell-side analysts expect 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 disclosed an annual dividend, which will be paid on Friday, June 6th. Investors of record on Wednesday, May 7th will be given a $1.0492 dividend. The ex-dividend date of this dividend is Wednesday, May 7th. This is a positive change from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.87. This represents a dividend yield of 1.2%. Anheuser-Busch InBev SA/NV’s payout ratio is currently 26.46%.

Wall Street Analyst Weigh In

BUD has been the topic of a number of research reports. TD Cowen reduced their target price on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating on the stock in a research report on Wednesday, January 8th. Berenberg Bank began coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They issued a “buy” rating for the company. Argus raised 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. StockNews.com lowered Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a research report on Friday. Finally, Deutsche Bank Aktiengesellschaft raised shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research note on Monday, March 3rd. Two analysts have rated the stock with a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $66.00.

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.