9,053 Shares in Anheuser-Busch InBev SA/NV (NYSE:BUD) Purchased by Persium Advisors LLC

Persium Advisors LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 9,053 shares of the consumer goods maker’s stock, valued at approximately $557,000.

Other large investors have also recently made changes to their positions in the company. NBC Securities Inc. purchased a new position in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth about $32,000. Rakuten Securities Inc. boosted its stake in shares of Anheuser-Busch InBev SA/NV by 2,722.7% during the 4th quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker’s stock worth $31,000 after purchasing an additional 599 shares during the period. ST Germain D J Co. Inc. purchased a new position in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth about $41,000. Whipplewood Advisors LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth about $36,000. Finally, Measured Risk Portfolios Inc. purchased a new position in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth about $40,000. 5.53% of the stock is owned by hedge funds and other institutional investors.

Anheuser-Busch InBev SA/NV Trading Up 0.1%

NYSE:BUD opened at $70.98 on Friday. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $71.94. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. The firm has a market cap of $127.57 billion, a P/E ratio of 21.91, a P/E/G ratio of 1.73 and a beta of 0.85. The firm has a 50-day simple moving average of $66.04 and a 200-day simple moving average of $58.07.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings results on Thursday, May 8th. The consumer goods maker reported $0.81 EPS for the quarter, beating the consensus estimate 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%. During the same period last year, the company posted $0.75 earnings per share. The business’s revenue for the quarter was down 6.3% on a year-over-year basis. Equities analysts anticipate 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 was paid on Friday, June 6th. Stockholders of record on Wednesday, May 7th were issued a $1.0492 dividend. The ex-dividend date was Wednesday, May 7th. 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. Anheuser-Busch InBev SA/NV’s payout ratio is currently 24.35%.

Analysts Set New Price Targets

BUD has been the subject of several research reports. BNP Paribas raised shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 30th. Argus raised shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 price objective for the company in a research report on Thursday, March 27th. 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 for the company. Deutsche Bank Aktiengesellschaft raised shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research report on Monday, March 3rd. Finally, The Goldman Sachs Group raised shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $70.10 to $88.00 in a research report on Monday, May 12th. Two research analysts have rated the stock with a hold rating, seven have given a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $71.50.

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.