Persium Advisors LLC Purchases Shares of 9,053 Anheuser-Busch InBev SA/NV (NYSE:BUD)

Persium Advisors LLC bought a new stake in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 9,053 shares of the consumer goods maker's stock, valued at approximately $557,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BUD. Choreo LLC raised its position in shares of Anheuser-Busch InBev SA/NV by 55.3% in the 4th quarter. Choreo LLC now owns 40,127 shares of the consumer goods maker's stock valued at $1,998,000 after purchasing an additional 14,282 shares during the last quarter. Golden State Wealth Management LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at approximately $98,000. Empowered Funds LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at approximately $49,000. Vontobel Holding Ltd. purchased a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at approximately $376,000. Finally, V Square Quantitative Management LLC raised its position in shares of Anheuser-Busch InBev SA/NV by 33.0% in the 4th quarter. V Square Quantitative Management LLC now owns 6,653 shares of the consumer goods maker's stock valued at $335,000 after purchasing an additional 1,649 shares during the last quarter. Hedge funds and other institutional investors own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Trading Down 1.0%

Shares of NYSE BUD traded down $0.68 during mid-day trading on Tuesday, reaching $70.33. 2,520,246 shares of the company's stock were exchanged, compared to its average volume of 1,914,123. The firm has a market capitalization of $126.40 billion, a price-to-earnings ratio of 21.71, a PEG ratio of 1.73 and a beta of 0.85. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. Anheuser-Busch InBev SA/NV has a 52-week low of $45.94 and a 52-week high of $71.94. The company's 50-day moving average is $66.36 and its 200-day moving average is $58.32.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last announced its earnings results on Thursday, May 8th. The consumer goods maker reported $0.81 EPS for the quarter, beating analysts' consensus estimates of $0.77 by $0.04. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. During the same quarter in the previous year, the business posted $0.75 earnings per share. The firm's revenue for the quarter was down 6.3% on a year-over-year basis. Analysts expect 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 declared an annual dividend, which was paid on Friday, June 6th. Shareholders of record on Wednesday, May 7th were given a $1.0492 dividend. The ex-dividend date of this dividend was Wednesday, May 7th. This represents a yield of 1.2%. This is a positive change 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 24.35%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. The Goldman Sachs Group upgraded Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and upped their target price for the company from $70.10 to $88.00 in a research report on Monday, May 12th. Wall Street Zen lowered Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research report on Sunday, May 18th. BNP Paribas upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a research report on Friday, May 30th. Deutsche Bank Aktiengesellschaft upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research report on Monday, March 3rd. Finally, Berenberg Bank assumed coverage on Anheuser-Busch InBev SA/NV in a research report on Wednesday, April 2nd. They issued a "buy" rating on the stock. Two analysts have rated the stock with a hold rating, seven have given a buy rating and three have issued a strong buy rating to the company's stock. According to data from MarketBeat, Anheuser-Busch InBev SA/NV has an average rating of "Buy" and an average 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.