3,577 Shares in Anheuser-Busch InBev SA/NV (NYSE:BUD) Purchased by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC purchased a new stake in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 3,577 shares of the consumer goods maker's stock, valued at approximately $220,000.

A number of other institutional investors have also recently bought and sold shares of BUD. Rakuten Securities Inc. boosted its position in shares of Anheuser-Busch InBev SA/NV by 2,722.7% in the fourth quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker's stock worth $31,000 after buying an additional 599 shares during the period. NBC Securities Inc. purchased a new stake in Anheuser-Busch InBev SA/NV in the 1st quarter worth about $32,000. Whipplewood Advisors LLC acquired a new stake in Anheuser-Busch InBev SA/NV during the 4th quarter worth about $36,000. Measured Risk Portfolios Inc. acquired a new stake in Anheuser-Busch InBev SA/NV during the 4th quarter worth about $40,000. Finally, ST Germain D J Co. Inc. purchased a new position in Anheuser-Busch InBev SA/NV during the 1st quarter valued at about $41,000. Hedge funds and other institutional investors own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Stock Performance

BUD traded down $1.27 during midday trading on Tuesday, reaching $70.21. The company's stock had a trading volume of 3,393,531 shares, compared to its average volume of 1,978,874. The company has a current ratio of 0.70, a quick ratio of 0.54 and a debt-to-equity ratio of 0.80. The company has a fifty day simple moving average of $68.24 and a 200 day simple moving average of $59.44. The stock has a market cap of $126.19 billion, a P/E ratio of 20.35, a PEG ratio of 2.10 and a beta of 0.85. Anheuser-Busch InBev SA/NV has a twelve month low of $45.94 and a twelve month high of $72.13.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last released its 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 11.74% and a return on equity of 16.09%. During the same quarter in the previous year, the company posted $0.75 earnings per share. The company's quarterly revenue was down 6.3% compared to the same quarter last year. Research analysts expect 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 disclosed an annual dividend, which was paid on Friday, June 6th. Shareholders of record on Wednesday, May 7th were given a $1.0492 dividend. The ex-dividend date was Wednesday, May 7th. This represents a dividend yield of 1.2%. This is an increase from Anheuser-Busch InBev SA/NV's previous annual dividend of $0.87. Anheuser-Busch InBev SA/NV's dividend payout ratio (DPR) is currently 24.64%.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Argus upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 price target for the company in a report on Thursday, March 27th. Deutsche Bank Aktiengesellschaft raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research note on Monday, March 3rd. Wall Street Zen downgraded shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research note on Sunday, May 18th. 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. Finally, The Goldman Sachs Group upgraded Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and boosted their target price for the company from $70.10 to $88.00 in a research note on Monday, May 12th. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $71.50.

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.