Price Capital Management Inc. Acquires Shares of 23,780 Anheuser-Busch InBev SA/NV (NYSE:BUD)

Price Capital Management Inc. acquired a new position in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 23,780 shares of the consumer goods maker's stock, valued at approximately $1,464,000. Anheuser-Busch InBev SA/NV makes up approximately 3.7% of Price Capital Management Inc.'s investment portfolio, making the stock its 20th largest position.

A number of other large investors have also recently bought and sold shares of the business. Vontobel Holding Ltd. raised its holdings in Anheuser-Busch InBev SA/NV by 2.3% in the 1st quarter. Vontobel Holding Ltd. now owns 7,678 shares of the consumer goods maker's stock worth $473,000 after acquiring an additional 174 shares during the period. Crossmark Global Holdings Inc. increased its holdings in shares of Anheuser-Busch InBev SA/NV by 1.1% during the 1st quarter. Crossmark Global Holdings Inc. now owns 16,991 shares of the consumer goods maker's stock worth $1,046,000 after purchasing an additional 179 shares during the period. Laurel Wealth Advisors LLC increased its holdings in shares of Anheuser-Busch InBev SA/NV by 23.5% during the 1st quarter. Laurel Wealth Advisors LLC now owns 1,050 shares of the consumer goods maker's stock worth $65,000 after purchasing an additional 200 shares during the period. GAMMA Investing LLC increased its holdings in shares of Anheuser-Busch InBev SA/NV by 27.0% during the 1st quarter. GAMMA Investing LLC now owns 1,158 shares of the consumer goods maker's stock worth $71,000 after purchasing an additional 246 shares during the period. Finally, Rehmann Capital Advisory Group boosted its position in shares of Anheuser-Busch InBev SA/NV by 6.0% during the 1st quarter. Rehmann Capital Advisory Group now owns 4,961 shares of the consumer goods maker's stock valued at $305,000 after acquiring an additional 281 shares in the last quarter. 5.53% of the stock is currently owned by institutional investors.

Anheuser-Busch InBev SA/NV Stock Up 0.1%

BUD traded up $0.06 during trading hours on Friday, hitting $70.15. 1,452,816 shares of the company's stock were exchanged, compared to its average volume of 2,332,392. The stock has a market cap of $126.08 billion, a price-to-earnings ratio of 20.33, a PEG ratio of 1.85 and a beta of 0.82. The company has a quick ratio of 0.54, a current ratio of 0.70 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. The stock's 50-day moving average is $69.49 and its two-hundred day moving average is $62.11.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last posted its earnings results on Thursday, May 8th. The consumer goods maker reported $0.81 EPS 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%. The company's quarterly revenue was down 6.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.75 EPS. Sell-side analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share 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. Investors 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 payout ratio is 24.64%.

Wall Street Analysts Forecast Growth

BUD has been the topic of several recent research reports. Wall Street Zen lowered shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research report on Sunday, May 18th. BNP Paribas upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a research report on Friday, May 30th. Argus upgraded shares of 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. Berenberg Bank began coverage on shares of 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 shares of Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and boosted their price target for the company from $70.10 to $88.00 in a research report on Monday, May 12th. Two 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 company. According to MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of $71.50.

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.