SeaBridge Investment Advisors LLC Takes Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

SeaBridge Investment Advisors LLC 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 disclosure with the Securities & Exchange Commission. The fund acquired 46,922 shares of the consumer goods maker's stock, valued at approximately $2,889,000.

Several other hedge funds and other institutional investors also recently modified their holdings of BUD. Vontobel Holding Ltd. increased its stake in Anheuser-Busch InBev SA/NV by 2.3% in the first quarter. Vontobel Holding Ltd. now owns 7,678 shares of the consumer goods maker's stock valued at $473,000 after acquiring an additional 174 shares during the last quarter. Crossmark Global Holdings Inc. increased its position in shares of Anheuser-Busch InBev SA/NV by 1.1% in the first quarter. Crossmark Global Holdings Inc. now owns 16,991 shares of the consumer goods maker's stock valued at $1,046,000 after acquiring an additional 179 shares during the period. Laurel Wealth Advisors LLC boosted its stake 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 valued at $65,000 after purchasing an additional 200 shares in the last quarter. GAMMA Investing LLC boosted its stake 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 valued at $71,000 after purchasing an additional 246 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV by 25.7% during the 4th quarter. Farther Finance Advisors LLC now owns 1,298 shares of the consumer goods maker's stock valued at $65,000 after purchasing an additional 265 shares in the last quarter. Institutional investors own 5.53% of the company's stock.

Analysts Set New Price Targets

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

Anheuser-Busch InBev SA/NV Stock Performance

Shares of NYSE:BUD traded up $0.27 during trading on Friday, hitting $68.12. 507,546 shares of the stock traded hands, compared to its average volume of 2,012,928. The company has a quick ratio of 0.54, a current ratio of 0.70 and a debt-to-equity ratio of 0.80. The company has a market cap of $122.43 billion, a price-to-earnings ratio of 19.75, a P/E/G ratio of 1.78 and a beta of 0.82. The company has a fifty day moving average price of $69.23 and a two-hundred day moving average price of $61.43. Anheuser-Busch InBev SA/NV has a 52-week low of $45.94 and a 52-week high of $72.13.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last issued its quarterly 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 business's revenue was down 6.3% compared to the same quarter last year. During the same period last year, the firm posted $0.75 earnings per share. As a group, equities analysts predict 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 announced an annual dividend, which was paid on Friday, June 6th. Stockholders of record on Wednesday, May 7th were issued a dividend of $1.0492 per share. 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 is presently 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.