Oppenheimer & Co. Inc. Makes New $230,000 Investment in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Oppenheimer & Co. Inc. acquired a new position in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 3,737 shares of the consumer goods maker's stock, valued at approximately $230,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of BUD. Rakuten Securities Inc. grew its stake in 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 worth $31,000 after purchasing an additional 599 shares in the last quarter. NBC Securities Inc. bought a new stake in Anheuser-Busch InBev SA/NV during the 1st quarter valued at $32,000. Garde Capital Inc. bought a new stake in Anheuser-Busch InBev SA/NV during the 1st quarter valued at $37,000. Measured Risk Portfolios Inc. bought a new stake in Anheuser-Busch InBev SA/NV during the 4th quarter valued at $40,000. Finally, ST Germain D J Co. Inc. bought a new stake in Anheuser-Busch InBev SA/NV during the 1st quarter valued at $41,000. Institutional investors own 5.53% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on BUD shares. Berenberg Bank started coverage on Anheuser-Busch InBev SA/NV in a research report on Wednesday, April 2nd. They set a "buy" rating on the stock. Argus raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 target price on the stock in a research report on Thursday, March 27th. The Goldman Sachs Group upgraded Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and increased their price objective for the company from $70.10 to $88.00 in a report on Monday, May 12th. Wall Street Zen cut Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research report on Sunday, May 18th. Finally, BNP Paribas upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 30th. Two 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's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of $71.50.

Anheuser-Busch InBev SA/NV Stock Performance

BUD stock traded down $0.42 during midday trading on Monday, reaching $68.49. The stock had a trading volume of 2,292,346 shares, compared to its average volume of 1,988,053. The firm has a fifty day simple moving average of $68.96 and a two-hundred day simple moving average of $60.62. Anheuser-Busch InBev SA/NV has a 52-week low of $45.94 and a 52-week high of $72.13. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.54 and a current ratio of 0.70. The stock has a market cap of $123.09 billion, a PE ratio of 19.85, a P/E/G ratio of 1.81 and a beta of 0.82.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The consumer goods maker reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.04. Anheuser-Busch InBev SA/NV had a return on equity of 16.09% and a net margin of 11.74%. The business's revenue for the quarter was down 6.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.75 earnings per share. As a group, equities research analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Anheuser-Busch InBev SA/NV Increases Dividend

The firm also recently disclosed an annual dividend, which was paid on Friday, June 6th. Stockholders of record on Wednesday, May 7th were issued a $1.0492 dividend. This is an increase from Anheuser-Busch InBev SA/NV's previous annual dividend of $0.87. This represents a dividend yield of 1.2%. The ex-dividend date was Wednesday, May 7th. Anheuser-Busch InBev SA/NV's dividend payout ratio 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.