Quantinno Capital Management LP Acquires 43,429 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Quantinno Capital Management LP boosted its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 74.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 101,682 shares of the consumer goods maker’s stock after acquiring an additional 43,429 shares during the quarter. Quantinno Capital Management LP’s holdings in Anheuser-Busch InBev SA/NV were worth $5,091,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in BUD. R Squared Ltd bought a new stake in Anheuser-Busch InBev SA/NV in the fourth quarter valued at about $30,000. Rakuten Securities Inc. increased its stake in Anheuser-Busch InBev SA/NV by 2,722.7% in the fourth quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker’s stock valued at $31,000 after acquiring an additional 599 shares during the period. Whipplewood Advisors LLC bought a new stake in Anheuser-Busch InBev SA/NV in the fourth quarter valued at about $36,000. Measured Risk Portfolios Inc. bought a new stake in Anheuser-Busch InBev SA/NV in the fourth quarter valued at about $40,000. Finally, Empowered Funds LLC bought a new stake in Anheuser-Busch InBev SA/NV in the fourth quarter valued at about $49,000. Institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD stock opened at $67.51 on Friday. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $67.60. The firm’s 50 day moving average is $63.74 and its 200-day moving average is $56.76. The firm has a market capitalization of $121.33 billion, a price-to-earnings ratio of 20.84, a PEG ratio of 1.73 and a beta of 0.83. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its earnings results on Thursday, May 8th. The consumer goods maker reported $0.81 earnings per share (EPS) for the quarter, topping 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%. Anheuser-Busch InBev SA/NV’s revenue for the quarter was down 6.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.75 EPS. Sell-side analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Increases Dividend

The firm also recently declared an annual dividend, which will be paid on Friday, June 6th. Investors of record on Wednesday, May 7th will be paid a dividend of $1.0492 per share. This represents a dividend yield of 1.2%. This is an increase from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.87. The ex-dividend date is Wednesday, May 7th. Anheuser-Busch InBev SA/NV’s payout ratio is 22.32%.

Analysts Set New Price Targets

BUD has been the topic of a number of recent analyst reports. The Goldman Sachs Group upgraded shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating and boosted their price target for the company from $70.10 to $88.00 in a research report on Monday, May 12th. StockNews.com lowered shares of Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a research report on Sunday. Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research report on Monday, March 3rd. Berenberg Bank initiated coverage on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, April 2nd. They issued a “buy” rating on the stock. Finally, Argus upgraded shares of 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 report on Thursday, March 27th. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, Anheuser-Busch InBev SA/NV presently has an average rating of “Buy” and a consensus target price of $71.50.

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.