Greenleaf Trust Takes Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Greenleaf Trust acquired a new position in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,977 shares of the consumer goods maker's stock, valued at approximately $245,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BUD. NBC Securities Inc. acquired a new position in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth approximately $32,000. Garde Capital Inc. acquired a new position in Anheuser-Busch InBev SA/NV during the 1st quarter worth about $37,000. Measured Risk Portfolios Inc. bought a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at about $40,000. ST Germain D J Co. Inc. acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the first quarter valued at about $41,000. Finally, Hurley Capital LLC bought a new position in shares of Anheuser-Busch InBev SA/NV during the fourth quarter worth about $49,000. 5.53% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

BUD has been the subject of several analyst reports. 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. The Goldman Sachs Group raised Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $70.10 to $88.00 in a research report on Monday, May 12th. BNP Paribas raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 30th. Berenberg Bank initiated coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They set a "buy" rating for the company. Finally, Wall Street Zen downgraded Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a report on Sunday, May 18th. Two equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of $71.50.

Anheuser-Busch InBev SA/NV Trading Down 1.2%

Shares of NYSE:BUD traded down $0.80 on Tuesday, reaching $67.00. 180,198 shares of the company traded hands, compared to its average volume of 2,364,791. The stock has a market capitalization of $120.42 billion, a P/E ratio of 19.42, a price-to-earnings-growth ratio of 1.77 and a beta of 0.82. The business's 50-day simple moving average is $69.16 and its 200 day simple moving average is $61.22. The company has a current ratio of 0.70, a quick ratio of 0.54 and a debt-to-equity ratio of 0.80. Anheuser-Busch InBev SA/NV has a 52 week low of $45.94 and a 52 week high of $72.13.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The consumer goods maker reported $0.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 period in the previous year, the business earned $0.75 EPS. Anheuser-Busch InBev SA/NV's quarterly revenue was down 6.3% compared to the same quarter last year. As a group, equities 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 business also recently disclosed an annual dividend, which was paid on Friday, June 6th. Shareholders of record on Wednesday, May 7th were issued a $1.0492 dividend. The ex-dividend date 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 (DPR) is 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.