Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Purchased by Paradigm Financial Partners LLC

Paradigm Financial Partners LLC increased its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 2.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 68,055 shares of the consumer goods maker’s stock after purchasing an additional 1,505 shares during the period. Anheuser-Busch InBev SA/NV accounts for approximately 1.1% of Paradigm Financial Partners LLC’s investment portfolio, making the stock its 24th biggest position. Paradigm Financial Partners LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $4,398,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of BUD. CWM LLC raised its position in shares of Anheuser-Busch InBev SA/NV by 32.1% during the 3rd quarter. CWM LLC now owns 4,029 shares of the consumer goods maker’s stock worth $223,000 after purchasing an additional 978 shares during the last quarter. Simplicity Solutions LLC raised its position in shares of Anheuser-Busch InBev SA/NV by 2.0% during the 3rd quarter. Simplicity Solutions LLC now owns 15,386 shares of the consumer goods maker’s stock worth $851,000 after purchasing an additional 300 shares during the last quarter. Ballentine Partners LLC raised its position in shares of Anheuser-Busch InBev SA/NV by 13.7% during the 3rd quarter. Ballentine Partners LLC now owns 5,003 shares of the consumer goods maker’s stock worth $277,000 after purchasing an additional 604 shares during the last quarter. Outfitter Financial LLC raised its position in shares of Anheuser-Busch InBev SA/NV by 4.7% during the 3rd quarter. Outfitter Financial LLC now owns 19,220 shares of the consumer goods maker’s stock worth $1,063,000 after purchasing an additional 855 shares during the last quarter. Finally, Golden State Equity Partners raised its holdings in Anheuser-Busch InBev SA/NV by 4.5% in the 3rd quarter. Golden State Equity Partners now owns 10,629 shares of the consumer goods maker’s stock valued at $588,000 after acquiring an additional 462 shares during the last quarter. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Trading Up 0.1 %

Shares of Anheuser-Busch InBev SA/NV stock traded up $0.07 during mid-day trading on Friday, hitting $60.01. The stock had a trading volume of 1,159,616 shares, compared to its average volume of 1,684,046. The firm has a 50-day moving average of $60.65 and a two-hundred day moving average of $61.10. Anheuser-Busch InBev SA/NV has a 12-month low of $51.66 and a 12-month high of $66.32. The company has a quick ratio of 0.48, a current ratio of 0.63 and a debt-to-equity ratio of 0.80. The firm has a market cap of $104.25 billion, a P/E ratio of 22.65, a price-to-earnings-growth ratio of 1.81 and a beta of 1.13.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings results on Wednesday, February 28th. The consumer goods maker reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.06. Anheuser-Busch InBev SA/NV had a net margin of 8.99% and a return on equity of 13.57%. The business had revenue of $14.47 billion during the quarter, compared to analysts’ expectations of $15.34 billion. During the same quarter in the prior year, the company posted $0.98 EPS. Sell-side analysts forecast 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 company also recently declared an annual dividend, which will be paid on Friday, June 7th. Stockholders of record on Monday, May 6th will be paid a $0.8722 dividend. This is a boost from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. The ex-dividend date of this dividend is Friday, May 3rd. This represents a dividend yield of 1.1%. Anheuser-Busch InBev SA/NV’s dividend payout ratio is 23.02%.

Analysts Set New Price Targets

A number of research firms have commented on BUD. BNP Paribas downgraded shares of Anheuser-Busch InBev SA/NV from an “outperform” rating to a “neutral” rating in a report on Friday, January 12th. TD Cowen cut their price objective on shares of Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an “outperform” rating for the company in a report on Tuesday, March 5th. Finally, Jefferies Financial Group upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and increased their price objective for the company from $60.00 to $76.00 in a report on Wednesday, January 10th. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, Anheuser-Busch InBev SA/NV currently has a consensus rating of “Moderate Buy” and a consensus target price of $71.70.

Anheuser-Busch InBev SA/NV Company 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.