First Affirmative Financial Network Makes New $232,000 Investment in Anheuser-Busch InBev SA/NV (NYSE:BUD)

First Affirmative Financial Network purchased a new position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 3,766 shares of the consumer goods maker's stock, valued at approximately $232,000.

Other hedge funds have also made changes to their positions in the company. Alberta Investment Management Corp acquired a new position in Anheuser-Busch InBev SA/NV during the 4th quarter valued at about $28,540,000. B&D White Capital Company LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV during the fourth quarter worth approximately $290,000. Clarkston Capital Partners LLC boosted its position in shares of Anheuser-Busch InBev SA/NV by 30.3% during the fourth quarter. Clarkston Capital Partners LLC now owns 1,493,842 shares of the consumer goods maker's stock worth $74,797,000 after buying an additional 347,000 shares during the period. Raymond James Financial Inc. bought a new position in Anheuser-Busch InBev SA/NV in the 4th quarter worth approximately $37,311,000. Finally, Virtu Financial LLC acquired a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter valued at approximately $2,378,000. Institutional investors own 5.53% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on BUD. Deutsche Bank Aktiengesellschaft raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research note on Monday, March 3rd. 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 report on Thursday, March 27th. Berenberg Bank began coverage on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, April 2nd. They set a "buy" rating on the stock. Wall Street Zen lowered shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research note on Sunday, May 18th. Finally, BNP Paribas upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 30th. Two equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $71.50.

Anheuser-Busch InBev SA/NV Price Performance

Shares of NYSE:BUD traded up $0.75 on Wednesday, reaching $71.07. 2,461,545 shares of the company traded hands, compared to its average volume of 1,917,068. The stock has a market capitalization of $127.73 billion, a PE ratio of 21.94, a P/E/G ratio of 1.73 and a beta of 0.85. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. The company's 50 day moving average is $66.36 and its 200-day moving average is $58.32. Anheuser-Busch InBev SA/NV has a fifty-two week low of $45.94 and a fifty-two week high of $71.94.

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, topping analysts' consensus estimates of $0.77 by $0.04. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. During the same quarter last year, the firm earned $0.75 EPS. The firm's revenue was down 6.3% compared to the same quarter last year. As a group, analysts anticipate 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 was paid on Friday, June 6th. Shareholders of record on Wednesday, May 7th were paid a dividend of $1.0492 per share. The ex-dividend date of this dividend was Wednesday, May 7th. This is a positive change from Anheuser-Busch InBev SA/NV's previous annual dividend of $0.87. This represents a yield of 1.2%. Anheuser-Busch InBev SA/NV's dividend payout ratio is currently 24.35%.

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.