Northern Trust Corp Buys 166,315 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Northern Trust Corp lifted its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 24.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 848,775 shares of the consumer goods maker's stock after purchasing an additional 166,315 shares during the quarter. Northern Trust Corp's holdings in Anheuser-Busch InBev SA/NV were worth $42,498,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. R Squared Ltd acquired a new position in Anheuser-Busch InBev SA/NV during the 4th quarter worth $30,000. Rakuten Securities Inc. lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 2,722.7% during the fourth quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker's stock valued at $31,000 after purchasing an additional 599 shares during the last quarter. Whipplewood Advisors LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter worth about $36,000. Empowered Funds LLC acquired a new stake in Anheuser-Busch InBev SA/NV during the 4th quarter valued at $49,000. Finally, Hurley Capital LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV during the fourth quarter valued at $49,000. 5.53% of the stock is currently owned by institutional investors.

Anheuser-Busch InBev SA/NV Price Performance

BUD stock traded up $0.30 during trading on Friday, hitting $67.30. The company had a trading volume of 2,603,701 shares, compared to its average volume of 1,869,358. The company has a market cap of $120.95 billion, a P/E ratio of 20.77, a P/E/G ratio of 1.73 and a beta of 0.83. The company has a fifty day moving average price of $63.33 and a two-hundred day moving average price of $56.67. Anheuser-Busch InBev SA/NV has a fifty-two week low of $45.94 and a fifty-two week high of $67.55. 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 - Get Free Report) last posted its earnings results on Thursday, May 8th. The consumer goods maker reported $0.81 earnings per share (EPS) for the quarter, beating 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%. During the same period in the previous year, the company earned $0.75 earnings per share. The firm's quarterly revenue was down 6.3% on a year-over-year basis. Equities research analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Anheuser-Busch InBev SA/NV Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Friday, June 6th. Shareholders of record on Wednesday, May 7th will be issued a dividend of $1.0492 per share. 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. This represents a yield of 1.2%. Anheuser-Busch InBev SA/NV's dividend payout ratio is currently 22.32%.

Analyst Ratings Changes

A number of research firms have issued reports on BUD. 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 began coverage on Anheuser-Busch InBev SA/NV in a research report on Wednesday, April 2nd. They set a "buy" rating for the company. StockNews.com raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research report on Saturday. Finally, Argus upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 target price for the company in a research note on Thursday, March 27th. One analyst has rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, Anheuser-Busch InBev SA/NV presently has a consensus rating of "Buy" and a consensus target price of $66.00.

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.