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

Point72 Hong Kong Ltd grew its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 2,499.8% during the 4th quarter, according to its most recent filing with the Securities and 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 reporting period.

Other hedge funds have also recently made changes to their positions in the company. R Squared Ltd purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 4th quarter valued at about $30,000. Rakuten Securities Inc. raised its position in Anheuser-Busch InBev SA/NV by 2,722.7% in the 4th quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker's stock worth $31,000 after purchasing an additional 599 shares during the period. Whipplewood Advisors LLC purchased a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter worth about $36,000. Measured Risk Portfolios Inc. purchased a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter worth about $40,000. Finally, Empowered Funds LLC purchased a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter worth about $49,000. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

BUD has been the topic of a number of recent analyst reports. StockNews.com lowered shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research report on Sunday. Berenberg Bank initiated coverage on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, April 2nd. They issued a "buy" rating on the stock. Argus raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 price objective on the stock in a research report on Thursday, March 27th. Deutsche Bank Aktiengesellschaft raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research report on Monday, March 3rd. Finally, The Goldman Sachs Group raised shares of Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $70.10 to $88.00 in a research report on Monday, May 12th. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $71.50.

Anheuser-Busch InBev SA/NV Trading Up 0.7%

Shares of Anheuser-Busch InBev SA/NV stock traded up $0.46 on Wednesday, hitting $69.02. 549,626 shares of the company traded hands, compared to its average volume of 1,866,779. The stock's 50 day moving average price is $64.00 and its 200-day moving average price is $56.89. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. Anheuser-Busch InBev SA/NV has a 52 week low of $45.94 and a 52 week high of $69.04. The company has a market cap of $124.05 billion, a PE ratio of 21.31, a PEG ratio of 1.73 and a beta of 0.83.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The consumer goods maker reported $0.81 earnings per share for the quarter, beating 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%. The firm's revenue was down 6.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.75 earnings per share. Equities research analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Anheuser-Busch InBev SA/NV Increases Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend is Wednesday, May 7th. This represents a yield of 1.2%. Anheuser-Busch InBev SA/NV's payout ratio 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.