Invesco Ltd. Acquires Shares of 72,634 Anheuser-Busch InBev SA/NV (NYSE:BUD)

Invesco Ltd. acquired a new stake in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 72,634 shares of the consumer goods maker's stock, valued at approximately $3,637,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. R Squared Ltd bought a new position in Anheuser-Busch InBev SA/NV in the fourth quarter valued at $30,000. Rakuten Securities Inc. lifted its position in Anheuser-Busch InBev SA/NV by 2,722.7% during the 4th quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker's stock valued at $31,000 after acquiring an additional 599 shares during the period. Whipplewood Advisors LLC bought a new position in Anheuser-Busch InBev SA/NV during the 4th quarter valued at approximately $36,000. Empowered Funds LLC bought a new position in shares of Anheuser-Busch InBev SA/NV during the fourth quarter valued at $49,000. Finally, Hurley Capital LLC purchased a new position in Anheuser-Busch InBev SA/NV in the fourth quarter worth about $49,000. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

BUD has been the subject of several research reports. 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. TD Cowen decreased their price target on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a "hold" rating on the stock in a research note on Wednesday, January 8th. StockNews.com raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research note on Thursday, April 24th. Berenberg Bank assumed coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They issued a "buy" rating on the stock. Finally, Argus upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 price objective for the company in a research note on Thursday, March 27th. One investment analyst has rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Buy" and an average target price of $66.00.

Anheuser-Busch InBev SA/NV Stock Up 1.3 %

Shares of BUD stock traded up $0.85 during trading on Wednesday, reaching $65.81. The company's stock had a trading volume of 2,248,358 shares, compared to its average volume of 1,875,034. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. The company has a market capitalization of $118.27 billion, a price-to-earnings ratio of 20.31, a P/E/G ratio of 1.73 and a beta of 0.80. The stock's 50-day moving average price is $62.01 and its 200 day moving average price is $56.62. Anheuser-Busch InBev SA/NV has a 1-year low of $45.94 and a 1-year high of $67.49.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last announced its earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 EPS for the quarter, beating analysts' consensus estimates of $0.75 by $0.13. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. The business had revenue of $14.84 billion for the quarter, compared to analysts' expectations of $14.07 billion. On average, research analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Anheuser-Busch InBev SA/NV Increases Dividend

The company also recently declared an annual dividend, which will be paid on Friday, June 6th. Shareholders of record on Wednesday, May 7th will be paid a dividend of $1.0492 per share. This is a boost from Anheuser-Busch InBev SA/NV's previous annual dividend of $0.87. This represents a dividend yield of 1.2%. The ex-dividend date of this dividend is Wednesday, May 7th. Anheuser-Busch InBev SA/NV's dividend payout ratio (DPR) is currently 26.46%.

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.