3,780 Shares in Anheuser-Busch InBev SA/NV (NYSE:BUD) Purchased by West Bancorporation Inc.

West Bancorporation Inc. purchased a new position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 3,780 shares of the consumer goods maker's stock, valued at approximately $233,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Dodge & Cox increased its position in Anheuser-Busch InBev SA/NV by 27.7% during the fourth quarter. Dodge & Cox now owns 39,996,830 shares of the consumer goods maker's stock worth $2,002,641,000 after buying an additional 8,670,940 shares in the last quarter. Artisan Partners Limited Partnership purchased a new stake in Anheuser-Busch InBev SA/NV during the fourth quarter worth approximately $56,849,000. Raymond James Financial Inc. purchased a new stake in Anheuser-Busch InBev SA/NV during the 4th quarter worth $37,311,000. The Manufacturers Life Insurance Company grew its stake in shares of Anheuser-Busch InBev SA/NV by 7.2% in the fourth quarter. The Manufacturers Life Insurance Company now owns 7,569,492 shares of the consumer goods maker's stock valued at $379,004,000 after buying an additional 505,206 shares in the last quarter. Finally, Clarkston Capital Partners LLC increased its stake in Anheuser-Busch InBev SA/NV by 30.3% during the 4th quarter. Clarkston Capital Partners LLC now owns 1,493,842 shares of the consumer goods maker's stock worth $74,797,000 after buying an additional 347,000 shares during the period. Hedge funds and other institutional investors own 5.53% of the company's stock.

Analysts Set New Price Targets

BUD has been the subject of several recent research reports. Berenberg Bank initiated coverage on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They set a "buy" rating for the company. 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. The Goldman Sachs Group raised shares of Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $70.10 to $88.00 in a research report on Monday, May 12th. BNP Paribas upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a report on Friday, May 30th. Finally, Argus raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 price target for the company in a research report on Thursday, March 27th. 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 stock. According to MarketBeat, Anheuser-Busch InBev SA/NV currently has a consensus rating of "Buy" and an average target price of $71.50.

Anheuser-Busch InBev SA/NV Price Performance

Anheuser-Busch InBev SA/NV stock traded down $0.41 during mid-day trading on Thursday, reaching $68.93. 1,144,822 shares of the company were exchanged, compared to its average volume of 1,981,316. The company has a fifty day simple moving average of $68.75 and a 200-day simple moving average of $60.12. The firm has a market cap of $123.88 billion, a PE ratio of 19.98, a PEG ratio of 1.81 and a beta of 0.82. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.70 and a quick ratio of 0.54. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $72.13.

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 (EPS) for the quarter, beating 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 quarterly revenue was down 6.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.75 earnings per share. As a group, equities research analysts expect 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 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 of this dividend 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 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.