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

GAMMA Investing LLC raised its stake 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 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,286 shares of the consumer goods maker's stock after buying an additional 70,374 shares during the quarter. GAMMA Investing LLC's holdings in Anheuser-Busch InBev SA/NV were worth $4,388,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the stock. Rakuten Securities Inc. grew its holdings 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 valued at $31,000 after purchasing an additional 599 shares in the last quarter. Whipplewood Advisors LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at $36,000. Measured Risk Portfolios Inc. purchased a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at $40,000. Empowered Funds LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV in 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 fourth quarter valued at $49,000. 5.53% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

BUD has been the subject of a number of recent research reports. Argus raised 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 report on Thursday, March 27th. The Goldman Sachs Group upgraded Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and raised their price target for the stock from $70.10 to $88.00 in a research report on Monday, May 12th. 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. Berenberg Bank began coverage on Anheuser-Busch InBev SA/NV in a research report on Wednesday, April 2nd. They issued a "buy" rating for the company. Finally, Deutsche Bank Aktiengesellschaft upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research report on Monday, March 3rd. Two investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of $71.50.

Anheuser-Busch InBev SA/NV Trading Down 0.8%

Shares of NYSE:BUD traded down $0.58 on Friday, hitting $71.12. 2,565,803 shares of the company's stock were exchanged, compared to its average volume of 1,935,767. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $71.94. The stock has a market capitalization of $127.82 billion, a price-to-earnings ratio of 21.95, a price-to-earnings-growth ratio of 1.73 and a beta of 0.85. The business's 50 day simple moving average is $67.07 and its two-hundred day simple moving average is $58.64. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51.

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 the consensus estimate 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 in the prior year, the business earned $0.75 earnings per share. The business's quarterly revenue was down 6.3% compared to the same quarter last year. Analysts anticipate 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. Stockholders of record on Wednesday, May 7th were given a dividend of $1.0492 per share. 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. The ex-dividend date was Wednesday, May 7th. Anheuser-Busch InBev SA/NV's dividend payout ratio (DPR) is 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.