Perpetual Ltd Purchases 37,134 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Perpetual Ltd boosted its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 21.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 210,232 shares of the consumer goods maker's stock after buying an additional 37,134 shares during the period. Perpetual Ltd's holdings in Anheuser-Busch InBev SA/NV were worth $12,942,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Rakuten Securities Inc. raised its holdings 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 acquiring an additional 599 shares in the last quarter. NBC Securities Inc. purchased a new position in shares of Anheuser-Busch InBev SA/NV in the first quarter valued at $32,000. Whipplewood Advisors LLC bought a new stake in Anheuser-Busch InBev SA/NV in the fourth quarter worth $36,000. Garde Capital Inc. purchased a new stake in Anheuser-Busch InBev SA/NV during the first quarter valued at $37,000. Finally, Measured Risk Portfolios Inc. bought a new position in Anheuser-Busch InBev SA/NV during the fourth quarter valued at $40,000. Hedge funds and other institutional investors own 5.53% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Wall Street Zen downgraded shares of 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 note on Thursday, March 27th. Deutsche Bank Aktiengesellschaft raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research note on Monday, March 3rd. 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. Finally, 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. Two investment analysts have rated the stock with a hold rating, six have issued a buy rating and three have given a strong buy rating to the company's stock. According to data from MarketBeat, Anheuser-Busch InBev SA/NV currently has an average rating of "Buy" and an average price target of $71.50.

Anheuser-Busch InBev SA/NV Trading Down 0.9%

Shares of NYSE BUD opened at $68.48 on Friday. Anheuser-Busch InBev SA/NV has a fifty-two week low of $45.94 and a fifty-two 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 company has a market cap of $123.08 billion, a price-to-earnings ratio of 19.85, a PEG ratio of 2.04 and a beta of 0.85. The business's 50 day moving average price is $68.58 and its 200-day moving average price is $59.79.

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 EPS for the quarter, beating 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%. During the same period in the prior year, the firm posted $0.75 EPS. The firm's quarterly revenue was down 6.3% on a year-over-year basis. On average, sell-side analysts expect 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 business also recently declared an annual dividend, which was paid on Friday, June 6th. Investors of record on Wednesday, May 7th were paid a $1.0492 dividend. This represents a yield of 1.2%. 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. Anheuser-Busch InBev SA/NV's dividend payout ratio (DPR) is currently 24.64%.

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.

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