Michels Family Financial LLC Invests $430,000 in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Michels Family Financial LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 8,592 shares of the consumer goods maker's stock, valued at approximately $430,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BUD. UMB Bank n.a. grew its stake in shares of Anheuser-Busch InBev SA/NV by 234.0% in the 4th quarter. UMB Bank n.a. now owns 1,984 shares of the consumer goods maker's stock worth $99,000 after acquiring an additional 1,390 shares in the last quarter. Ballentine Partners LLC boosted its holdings in Anheuser-Busch InBev SA/NV by 22.3% during the fourth quarter. Ballentine Partners LLC now owns 6,911 shares of the consumer goods maker's stock worth $346,000 after purchasing an additional 1,258 shares during the last quarter. Crossmark Global Holdings Inc. boosted its holdings in Anheuser-Busch InBev SA/NV by 9.6% during the fourth quarter. Crossmark Global Holdings Inc. now owns 16,812 shares of the consumer goods maker's stock worth $842,000 after purchasing an additional 1,476 shares during the last quarter. PFG Investments LLC bought a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter worth about $273,000. Finally, Blue Trust Inc. increased its stake in Anheuser-Busch InBev SA/NV by 15.8% in the 4th quarter. Blue Trust Inc. now owns 3,409 shares of the consumer goods maker's stock valued at $171,000 after buying an additional 464 shares during the last quarter. 5.53% of the stock is owned by institutional investors.

Analyst Ratings Changes

BUD has been the topic of a number of research analyst reports. The Goldman Sachs Group upgraded Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $70.10 to $88.00 in a research note on Monday, May 12th. Wall Street Zen lowered Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a report on Sunday, May 18th. Argus raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 price objective on the stock in a research report on Thursday, March 27th. 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, Berenberg Bank initiated coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They set a "buy" rating on the stock. Two research analysts have rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Buy" and a consensus target price of $71.50.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE BUD traded up $0.73 on Thursday, hitting $70.50. 1,409,879 shares of the stock traded hands, compared to its average volume of 1,880,801. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. The business's fifty day moving average is $64.75 and its two-hundred day moving average is $57.37. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $70.72. The firm has a market capitalization of $126.69 billion, a price-to-earnings ratio of 21.74, a PEG ratio of 1.73 and a beta of 0.83.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last issued 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 net margin of 10.98% and a return on equity of 15.29%. During the same quarter last year, the firm earned $0.75 earnings per share. Anheuser-Busch InBev SA/NV's revenue for the quarter 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 firm also recently announced an annual dividend, which will be paid on Friday, June 6th. Shareholders of record on Wednesday, May 7th will be issued a dividend of $1.0492 per share. This is a boost from Anheuser-Busch InBev SA/NV's previous annual dividend of $0.87. The ex-dividend date of this dividend is Wednesday, May 7th. This represents a yield of 1.2%. Anheuser-Busch InBev SA/NV's payout ratio is presently 22.32%.

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.