Oppenheimer Asset Management Inc. Grows Stock Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Oppenheimer Asset Management Inc. grew its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 25.9% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 56,492 shares of the consumer goods maker's stock after buying an additional 11,611 shares during the quarter. Oppenheimer Asset Management Inc.'s holdings in Anheuser-Busch InBev SA/NV were worth $3,478,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of BUD. Rakuten Securities Inc. increased its stake 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 worth $31,000 after purchasing an additional 599 shares during the last quarter. NBC Securities Inc. purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth approximately $32,000. Whipplewood Advisors LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth approximately $36,000. Garde Capital Inc. purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth approximately $37,000. Finally, Measured Risk Portfolios Inc. purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth approximately $40,000. Hedge funds and other institutional investors own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD traded down $0.65 during mid-day trading on Friday, reaching $68.48. 2,123,341 shares of the stock traded hands, compared to its average volume of 1,981,521. The firm has a fifty day moving average price of $68.52 and a 200 day moving average price of $59.68. The company has a market cap of $123.08 billion, a price-to-earnings ratio of 19.85, a price-to-earnings-growth ratio of 2.04 and a beta of 0.85. 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 1 year low of $45.94 and a 1 year high of $72.13.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last posted its quarterly 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 net margin of 11.74% and a return on equity of 16.09%. Anheuser-Busch InBev SA/NV's revenue was down 6.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.75 earnings per share. As a group, equities research analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Anheuser-Busch InBev SA/NV Increases Dividend

The firm also recently declared an annual dividend, which was paid on Friday, June 6th. Shareholders of record on Wednesday, May 7th were paid a $1.0492 dividend. The ex-dividend date of this dividend was Wednesday, May 7th. This is an increase 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 payout ratio is currently 24.64%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Berenberg Bank assumed coverage on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They set a "buy" rating for the company. Argus upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 price objective for the company in a research note on Thursday, March 27th. BNP Paribas upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 30th. Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research note on Monday, March 3rd. Finally, Wall Street Zen lowered shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research note on Sunday, May 18th. Two investment analysts have rated the stock with a hold rating, six have given a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV currently has an average rating of "Buy" and a consensus target price of $71.50.

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.