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

First Affirmative Financial Network acquired a new position in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 3,766 shares of the consumer goods maker's stock, valued at approximately $232,000.

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

Wall Street Analyst Weigh In

A number of research firms have recently commented on BUD. BNP Paribas upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 30th. Berenberg Bank began coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They issued a "buy" rating for the company. The Goldman Sachs Group upgraded Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and raised their target price for the company from $70.10 to $88.00 in a research note on Monday, May 12th. Argus upgraded 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. Finally, Deutsche Bank Aktiengesellschaft upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research note on Monday, March 3rd. Two analysts have rated the stock with a hold rating, seven have given a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $71.50.

Anheuser-Busch InBev SA/NV Stock Up 0.1%

BUD stock opened at $70.98 on Friday. Anheuser-Busch InBev SA/NV has a twelve month low of $45.94 and a twelve month high of $71.94. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. The firm has a market cap of $127.57 billion, a PE ratio of 21.91, a price-to-earnings-growth ratio of 1.73 and a beta of 0.85. The business has a 50 day moving average of $66.04 and a 200 day moving average of $58.09.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The consumer goods maker reported $0.81 earnings per share for the quarter, beating 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%. The company's quarterly revenue was down 6.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.75 earnings per share. On average, research analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Increases Dividend

The firm also recently announced an annual dividend, which was paid on Friday, June 6th. Shareholders of record on Wednesday, May 7th were issued a $1.0492 dividend. This is a positive change from Anheuser-Busch InBev SA/NV's previous annual dividend of $0.87. The ex-dividend date was Wednesday, May 7th. This represents a dividend yield of 1.2%. Anheuser-Busch InBev SA/NV's dividend payout ratio (DPR) is presently 24.35%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.