Brucke Financial Inc. Makes New $296,000 Investment in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Key Points

• Brucke Financial Inc. has made a new investment in Anheuser-Busch InBev SA/NV, acquiring 4,496 shares valued at approximately $296,000.
• The company's stock is currently down 5.4% and has a market cap of $119.32 billion, with analysts providing a consensus rating of "Buy" and a target price of $71.50.
• Anheuser-Busch InBev recently increased its annual dividend to $1.0492 per share, representing a yield of 1.2%.

Brucke Financial Inc. acquired a new stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 4,496 shares of the consumer goods maker's stock, valued at approximately $296,000.

Other institutional investors also recently made changes to their positions in the company. Dodge & Cox boosted its holdings in Anheuser-Busch InBev SA/NV by 27.7% in the fourth quarter. Dodge & Cox now owns 39,996,830 shares of the consumer goods maker's stock worth $2,002,641,000 after purchasing an additional 8,670,940 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at about $37,311,000. The Manufacturers Life Insurance Company lifted its holdings in Anheuser-Busch InBev SA/NV by 7.2% in the fourth quarter. The Manufacturers Life Insurance Company now owns 7,569,492 shares of the consumer goods maker's stock worth $379,004,000 after acquiring an additional 505,206 shares during the last quarter. Clarkston Capital Partners LLC raised its position in shares of Anheuser-Busch InBev SA/NV by 30.3% during the 4th quarter. Clarkston Capital Partners LLC now owns 1,493,842 shares of the consumer goods maker's stock worth $74,797,000 after purchasing an additional 347,000 shares during the period. Finally, Capital Fund Management S.A. raised its position in shares of Anheuser-Busch InBev SA/NV by 291.4% during the 4th quarter. Capital Fund Management S.A. now owns 359,393 shares of the consumer goods maker's stock worth $17,995,000 after purchasing an additional 267,579 shares during the period. 5.53% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently commented on BUD shares. The Goldman Sachs Group upgraded Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $70.10 to $88.00 in a research note on Monday, May 12th. BNP Paribas upgraded shares of 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 shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They issued a "buy" rating on the stock. Finally, Wall Street Zen lowered Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a report on Sunday, May 18th. Two equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat, Anheuser-Busch InBev SA/NV presently has a consensus rating of "Buy" and an average price target of $71.50.

Anheuser-Busch InBev SA/NV Price Performance

NYSE BUD traded down $0.28 on Wednesday, reaching $66.60. The company's stock had a trading volume of 1,917,846 shares, compared to its average volume of 1,893,952. Anheuser-Busch InBev SA/NV has a twelve month low of $45.94 and a twelve month high of $72.13. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.54 and a current ratio of 0.70. The stock has a market cap of $119.69 billion, a PE ratio of 19.30, a PEG ratio of 1.67 and a beta of 0.82. The firm's 50 day moving average is $69.42 and its two-hundred day moving average is $62.64.

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 for the quarter, topping the consensus estimate 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%. The company's quarterly revenue was down 6.3% compared to the same quarter last year. During the same period last year, the company posted $0.75 earnings per share. As a group, sell-side analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

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.