Point72 Hong Kong Ltd Buys 33,747 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Point72 Hong Kong Ltd boosted its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 2,499.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 35,097 shares of the consumer goods maker's stock after buying an additional 33,747 shares during the quarter. Point72 Hong Kong Ltd's holdings in Anheuser-Busch InBev SA/NV were worth $1,757,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in BUD. R Squared Ltd purchased a new position in Anheuser-Busch InBev SA/NV in the 4th quarter worth about $30,000. Rakuten Securities Inc. raised its holdings in shares of 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 acquiring an additional 599 shares in the last quarter. Whipplewood Advisors LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth about $36,000. Measured Risk Portfolios Inc. bought a new stake in Anheuser-Busch InBev SA/NV in the fourth quarter worth approximately $40,000. Finally, Empowered Funds LLC acquired a new position in Anheuser-Busch InBev SA/NV during the fourth quarter worth $49,000. Institutional investors own 5.53% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Berenberg Bank initiated coverage on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They issued a "buy" rating for the company. Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research note on Monday, March 3rd. StockNews.com lowered shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a report on Sunday. The Goldman Sachs Group raised Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $70.10 to $88.00 in a research note on Monday, May 12th. Finally, Argus raised 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 research note on Thursday, March 27th. Two analysts have rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of $71.50.

Anheuser-Busch InBev SA/NV Stock Up 1.6%

Shares of BUD traded up $1.06 on Monday, hitting $68.66. The company's stock had a trading volume of 2,445,945 shares, compared to its average volume of 1,874,210. Anheuser-Busch InBev SA/NV has a fifty-two week low of $45.94 and a fifty-two week high of $68.66. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. The firm's fifty day moving average price is $63.74 and its 200-day moving average price is $56.74. The firm has a market capitalization of $123.40 billion, a price-to-earnings ratio of 21.19, a P/E/G ratio of 1.73 and a beta of 0.83.

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 10.98% and a return on equity of 15.29%. During the same quarter in the previous year, the firm posted $0.75 EPS. The firm's revenue was down 6.3% on a year-over-year basis. On average, equities research analysts expect 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 announced an annual dividend, which will be paid on Friday, June 6th. Investors of record on Wednesday, May 7th will be paid a $1.0492 dividend. This is an increase 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 dividend payout ratio (DPR) is 22.32%.

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.