Valeo Financial Advisors LLC Invests $251,000 in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Valeo Financial Advisors LLC bought a new position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 4,077 shares of the consumer goods maker's stock, valued at approximately $251,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. NBC Securities Inc. bought a new position in Anheuser-Busch InBev SA/NV during the first quarter worth about $32,000. Garde Capital Inc. bought a new position in Anheuser-Busch InBev SA/NV during the first quarter worth about $37,000. Rakuten Securities Inc. raised its position 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 worth $31,000 after purchasing an additional 599 shares during the period. ST Germain D J Co. Inc. acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the first quarter worth about $41,000. Finally, Rossby Financial LCC acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the first quarter worth about $49,000. Institutional investors own 5.53% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on BUD shares. Wall Street Zen lowered Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research report on Sunday, May 18th. BNP Paribas raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a research report on Friday, May 30th. Berenberg Bank started coverage on Anheuser-Busch InBev SA/NV in a research report on Wednesday, April 2nd. They set a "buy" rating on the stock. Argus raised 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. Finally, The Goldman Sachs Group raised Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and raised their price target for the stock from $70.10 to $88.00 in a research report on Monday, May 12th. Two equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and three have given a strong buy rating to the stock. According to MarketBeat.com, Anheuser-Busch InBev SA/NV currently has a consensus rating of "Buy" and a consensus target price of $71.50.

Anheuser-Busch InBev SA/NV Stock Down 0.2%

Anheuser-Busch InBev SA/NV stock traded down $0.16 during midday trading on Friday, reaching $67.47. The stock had a trading volume of 1,844,592 shares, compared to its average volume of 2,013,727. The firm's fifty day simple moving average is $69.12 and its 200-day simple moving average is $60.95. Anheuser-Busch InBev SA/NV has a 1-year low of $45.94 and a 1-year high of $72.13. The stock has a market capitalization of $121.26 billion, a P/E ratio of 19.56, a price-to-earnings-growth ratio of 1.78 and a beta of 0.82. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.54 and a current ratio of 0.70.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last announced 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 return on equity of 16.09% and a net margin of 11.74%. During the same period last year, the firm posted $0.75 EPS. The business's revenue was down 6.3% compared to the same quarter last year. As a group, analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Increases Dividend

The business also recently declared an annual dividend, which was paid on Friday, June 6th. Shareholders of record on Wednesday, May 7th were given a dividend of $1.0492 per share. This is a positive change from Anheuser-Busch InBev SA/NV's previous annual dividend of $0.87. The ex-dividend date of this dividend was Wednesday, May 7th. This represents a dividend yield of 1.2%. Anheuser-Busch InBev SA/NV's payout ratio is 24.64%.

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.