Centiva Capital LP purchased a new stake in Anheuser-Busch InBev SA/NV (NYSE:BUD – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 11,373 shares of the consumer goods maker’s stock, valued at approximately $569,000.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Callan Capital LLC increased its position in Anheuser-Busch InBev SA/NV by 2.2% in the 4th quarter. Callan Capital LLC now owns 10,607 shares of the consumer goods maker’s stock valued at $531,000 after acquiring an additional 229 shares in the last quarter. Moors & Cabot Inc. increased its holdings in shares of Anheuser-Busch InBev SA/NV by 4.6% in the fourth quarter. Moors & Cabot Inc. now owns 5,329 shares of the consumer goods maker’s stock valued at $267,000 after purchasing an additional 234 shares in the last quarter. Farther Finance Advisors LLC raised its position in Anheuser-Busch InBev SA/NV by 25.7% in the 4th quarter. Farther Finance Advisors LLC now owns 1,298 shares of the consumer goods maker’s stock worth $65,000 after purchasing an additional 265 shares during the last quarter. Balanced Rock Investment Advisors LLC lifted its holdings in Anheuser-Busch InBev SA/NV by 4.4% during the 4th quarter. Balanced Rock Investment Advisors LLC now owns 8,560 shares of the consumer goods maker’s stock worth $429,000 after buying an additional 361 shares in the last quarter. Finally, Beacon Pointe Advisors LLC boosted its position in Anheuser-Busch InBev SA/NV by 0.9% in the 4th quarter. Beacon Pointe Advisors LLC now owns 47,733 shares of the consumer goods maker’s stock valued at $2,390,000 after buying an additional 433 shares during the last quarter. Institutional investors and hedge funds own 5.53% of the company’s stock.
Anheuser-Busch InBev SA/NV Stock Up 0.4 %
Anheuser-Busch InBev SA/NV stock opened at $67.30 on Friday. The firm has a market capitalization of $120.95 billion, a price-to-earnings ratio of 20.77, a PEG ratio of 1.73 and a beta of 0.83. The company’s 50 day simple moving average is $63.33 and its 200 day simple moving average is $56.72. 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 has a fifty-two week low of $45.94 and a fifty-two week high of $67.55.
Anheuser-Busch InBev SA/NV Increases Dividend
The firm also recently declared an annual dividend, which will be paid on Friday, June 6th. Shareholders of record on Wednesday, May 7th will be issued a $1.0492 dividend. This is an increase from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.87. This represents a dividend yield of 1.2%. The ex-dividend date of this dividend is Wednesday, May 7th. Anheuser-Busch InBev SA/NV’s dividend payout ratio is 26.46%.
Wall Street Analysts Forecast Growth
A number of research firms have recently weighed in on BUD. Berenberg Bank assumed coverage on Anheuser-Busch InBev SA/NV in a research report on Wednesday, April 2nd. They set a “buy” rating for the company. Argus upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 target price on the stock in a research report on Thursday, March 27th. 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. Finally, StockNews.com raised shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research note on Saturday. One equities research analyst has rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $66.00.
Get Our Latest Research Report on Anheuser-Busch InBev SA/NV
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.
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