Price Capital Management Inc. Takes Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Price Capital Management Inc. purchased a new stake in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) during the first quarter, according to its most recent filing with the SEC. The fund purchased 23,780 shares of the consumer goods maker's stock, valued at approximately $1,464,000. Anheuser-Busch InBev SA/NV comprises about 3.7% of Price Capital Management Inc.'s portfolio, making the stock its 20th largest holding.

A number of other institutional investors and hedge funds also recently bought and sold shares of BUD. NBC Securities Inc. purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the 1st quarter worth approximately $32,000. Garde Capital Inc. purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the 1st quarter worth approximately $37,000. Measured Risk Portfolios Inc. purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter worth approximately $40,000. ST Germain D J Co. Inc. bought a new position in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth approximately $41,000. Finally, Hurley Capital LLC bought a new position in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth approximately $49,000. 5.53% of the stock is currently owned by institutional investors.

Anheuser-Busch InBev SA/NV Trading Up 0.1%

Shares of BUD traded up $0.06 during trading on Friday, reaching $70.15. 1,452,844 shares of the company traded hands, compared to its average volume of 1,845,530. Anheuser-Busch InBev SA/NV has a twelve month low of $45.94 and a twelve month high of $72.13. The stock has a market cap of $126.08 billion, a PE ratio of 20.33, a price-to-earnings-growth ratio of 1.84 and a beta of 0.82. The stock has a 50-day simple moving average of $69.55 and a 200-day simple moving average of $62.25. 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 (NYSE:BUD - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The consumer goods maker reported $0.81 earnings per share for the quarter, beating analysts' consensus estimates 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%. During the same quarter in the previous year, the firm earned $0.75 earnings per share. The company's revenue for the quarter was down 6.3% compared to the same quarter last year. On average, analysts anticipate 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 disclosed an annual dividend, which was paid on Friday, June 6th. Stockholders of record on Wednesday, May 7th were paid a $1.0492 dividend. This is a positive change from Anheuser-Busch InBev SA/NV's previous annual dividend of $0.87. The ex-dividend date was Wednesday, May 7th. This represents a dividend yield of 1.2%. Anheuser-Busch InBev SA/NV's dividend payout ratio (DPR) is presently 24.64%.

Wall Street Analysts Forecast Growth

BUD has been the topic of a number of recent analyst reports. The Goldman Sachs Group upgraded shares of Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and upped their price target for the company from $70.10 to $88.00 in a research note on Monday, May 12th. BNP Paribas raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a report on Friday, May 30th. Berenberg Bank started coverage on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, April 2nd. They set a "buy" rating on the stock. Finally, 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. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, Anheuser-Busch InBev SA/NV presently has a consensus rating of "Buy" and a consensus price target 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.