S.E.E.D. Planning Group LLC Purchases Shares of 3,602 Anheuser-Busch InBev SA/NV (NYSE:BUD)

S.E.E.D. Planning Group LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 3,602 shares of the consumer goods maker's stock, valued at approximately $222,000.

Other institutional investors have also recently added to or reduced their stakes in the company. R Squared Ltd purchased a new stake in Anheuser-Busch InBev SA/NV during the fourth quarter worth about $30,000. Rakuten Securities Inc. boosted its holdings in Anheuser-Busch InBev SA/NV by 2,722.7% during the fourth quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker's stock worth $31,000 after buying an additional 599 shares in the last quarter. Whipplewood Advisors LLC purchased a new stake in Anheuser-Busch InBev SA/NV during the fourth quarter worth about $36,000. Measured Risk Portfolios Inc. purchased a new stake in Anheuser-Busch InBev SA/NV during the fourth quarter worth about $40,000. Finally, Empowered Funds LLC purchased a new stake in Anheuser-Busch InBev SA/NV during the fourth quarter worth about $49,000. Hedge funds and other institutional investors own 5.53% of the company's stock.

Analyst Ratings Changes

Several brokerages have issued reports on BUD. Berenberg Bank began coverage on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, April 2nd. They issued a "buy" rating on the stock. The Goldman Sachs Group raised 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 report on Monday, May 12th. 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 shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 price target on the stock in a report on Thursday, March 27th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a report on Monday, March 3rd. Two research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV currently has an average rating of "Buy" and an average target price of $71.50.

Anheuser-Busch InBev SA/NV Trading Down 0.0%

BUD stock traded down $0.03 during midday trading on Friday, hitting $70.50. The stock had a trading volume of 1,716,849 shares, compared to its average volume of 1,892,437. The firm has a market cap of $126.70 billion, a PE ratio of 21.76, a price-to-earnings-growth ratio of 1.73 and a beta of 0.83. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $70.75. The company's 50-day moving average price is $65.11 and its 200 day moving average price is $57.57.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last released 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 10.98% and a return on equity of 15.29%. Anheuser-Busch InBev SA/NV's quarterly revenue was down 6.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.75 earnings per share. On average, equities research 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 company also recently announced an annual dividend, which will be paid on Friday, June 6th. Shareholders of record on Wednesday, May 7th will be paid a $1.0492 dividend. This is a boost from Anheuser-Busch InBev SA/NV's previous annual dividend of $0.87. This represents a yield of 1.2%. The ex-dividend date is Wednesday, May 7th. Anheuser-Busch InBev SA/NV's payout ratio is presently 22.32%.

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.