Hsbc Holdings PLC Makes New Investment in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Hsbc Holdings PLC acquired a new position in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 177,816 shares of the consumer goods maker's stock, valued at approximately $8,887,000.

Other hedge funds also recently added to or reduced their stakes in the company. Dodge & Cox boosted its position in shares of 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 during the period. Capital International Investors boosted its position in shares of Anheuser-Busch InBev SA/NV by 5.5% during the fourth quarter. Capital International Investors now owns 2,594,619 shares of the consumer goods maker's stock worth $129,201,000 after buying an additional 134,243 shares during the period. Clarkston Capital Partners LLC boosted its position in shares of Anheuser-Busch InBev SA/NV by 30.3% during the fourth 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. Artisan Partners Limited Partnership purchased a new position in shares of Anheuser-Busch InBev SA/NV during the fourth quarter worth $56,849,000. Finally, Renaissance Technologies LLC boosted its position in shares of Anheuser-Busch InBev SA/NV by 27.9% during the fourth quarter. Renaissance Technologies LLC now owns 997,700 shares of the consumer goods maker's stock worth $49,955,000 after buying an additional 217,700 shares during the period. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on BUD. Argus upgraded 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. Berenberg Bank began coverage on Anheuser-Busch InBev SA/NV in a research report on Wednesday, April 2nd. They set a "buy" rating for the company. TD Cowen lowered their price target on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a "hold" rating for the company in a research report on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research report on Monday, March 3rd. Finally, StockNews.com raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research note on Thursday, April 24th. One equities research analyst has rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of $66.00.

Anheuser-Busch InBev SA/NV Stock Down 1.2 %

BUD traded down $0.79 on Thursday, hitting $65.02. 1,050,495 shares of the company were exchanged, compared to its average volume of 1,870,729. Anheuser-Busch InBev SA/NV has a twelve month low of $45.94 and a twelve month high of $67.49. The company has a market cap of $116.85 billion, a price-to-earnings ratio of 20.07, a price-to-earnings-growth ratio of 1.73 and a beta of 0.80. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The firm has a 50-day moving average price of $62.25 and a two-hundred day moving average price of $56.68.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last announced its quarterly earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.75 by $0.13. The company had revenue of $14.84 billion during the quarter, compared to the consensus estimate of $14.07 billion. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. On average, equities analysts predict 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 declared an annual dividend, which will be paid on Friday, June 6th. Shareholders of record on Wednesday, May 7th will be issued a dividend of $1.0492 per share. This represents a yield of 1.2%. This is an increase from Anheuser-Busch InBev SA/NV's previous annual dividend of $0.87. The ex-dividend date of this dividend is Wednesday, May 7th. Anheuser-Busch InBev SA/NV's payout ratio is 26.46%.

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.