GAMMA Investing LLC Grows Stake in Anheuser-Busch InBev SA/NV (NYSE:BUD)

GAMMA Investing LLC boosted its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 7,716.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 71,286 shares of the consumer goods maker's stock after buying an additional 70,374 shares during the period. GAMMA Investing LLC's holdings in Anheuser-Busch InBev SA/NV were worth $4,388,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in BUD. Rakuten Securities Inc. boosted its position in shares of Anheuser-Busch InBev SA/NV by 2,722.7% during the 4th quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker's stock valued at $31,000 after acquiring an additional 599 shares during the last quarter. Whipplewood Advisors LLC purchased a new stake in Anheuser-Busch InBev SA/NV during the fourth quarter valued at $36,000. Measured Risk Portfolios Inc. purchased a new stake in Anheuser-Busch InBev SA/NV during the fourth quarter valued at $40,000. Empowered Funds LLC bought a new position in Anheuser-Busch InBev SA/NV during the fourth quarter valued at $49,000. Finally, Hurley Capital LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter worth $49,000. Hedge funds and other institutional investors own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Trading Up 0.7%

Shares of NYSE BUD traded up $0.49 during midday trading on Thursday, hitting $71.65. The company's stock had a trading volume of 520,298 shares, compared to its average volume of 1,915,873. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $71.94. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The firm has a market cap of $128.77 billion, a P/E ratio of 22.11, a price-to-earnings-growth ratio of 1.73 and a beta of 0.85. The business's 50 day moving average is $66.56 and its two-hundred day moving average is $58.40.

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 earnings per share 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%. The business's revenue was down 6.3% on a year-over-year basis. During the same period last year, the business earned $0.75 EPS. As a group, equities research analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Anheuser-Busch InBev SA/NV Increases Dividend

The business also recently declared an annual dividend, which was paid on Friday, June 6th. Investors of record on Wednesday, May 7th were paid a $1.0492 dividend. This represents a yield of 1.2%. The ex-dividend date was Wednesday, May 7th. 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 24.35%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on BUD. 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. 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 company from $70.10 to $88.00 in a research report on Monday, May 12th. Berenberg Bank initiated coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They issued a "buy" rating for the company. Deutsche Bank Aktiengesellschaft raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research report on Monday, March 3rd. Finally, Wall Street Zen downgraded Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research report on Sunday, May 18th. Two research analysts have rated the stock with a hold rating, seven have issued a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of $71.50.

About Anheuser-Busch InBev SA/NV

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.