Future Financial Wealth Managment LLC Makes New Investment in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Future Financial Wealth Managment LLC purchased a new stake in Anheuser-Busch InBev SA/NV (NYSE:BUDFree Report) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 1,000 shares of the consumer goods maker’s stock, valued at approximately $61,000.

Several other large investors have also modified their holdings of the business. The Manufacturers Life Insurance Company raised its position in Anheuser-Busch InBev SA/NV by 11.6% in the third quarter. The Manufacturers Life Insurance Company now owns 10,367,287 shares of the consumer goods maker’s stock valued at $573,311,000 after purchasing an additional 1,077,724 shares during the period. Capital International Investors boosted its position in Anheuser-Busch InBev SA/NV by 0.9% in the 4th quarter. Capital International Investors now owns 2,124,860 shares of the consumer goods maker’s stock valued at $137,447,000 after buying an additional 18,280 shares during the period. DAVENPORT & Co LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 25.9% in the fourth quarter. DAVENPORT & Co LLC now owns 1,507,181 shares of the consumer goods maker’s stock worth $97,415,000 after acquiring an additional 309,977 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of Anheuser-Busch InBev SA/NV by 4.4% during the fourth quarter. Wells Fargo & Company MN now owns 873,977 shares of the consumer goods maker’s stock worth $56,476,000 after acquiring an additional 37,084 shares during the period. Finally, Seafarer Capital Partners LLC raised its stake in shares of Anheuser-Busch InBev SA/NV by 8.2% in the fourth quarter. Seafarer Capital Partners LLC now owns 792,000 shares of the consumer goods maker’s stock valued at $51,179,000 after acquiring an additional 60,000 shares in the last quarter. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Down 1.1 %

Anheuser-Busch InBev SA/NV stock opened at $59.48 on Thursday. The stock has a market cap of $106.90 billion, a PE ratio of 24.99, a P/E/G ratio of 1.41 and a beta of 1.12. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.63 and a quick ratio of 0.48. The stock’s fifty day moving average is $61.83 and its two-hundred day moving average is $62.20. Anheuser-Busch InBev SA/NV has a 1-year low of $51.66 and a 1-year high of $67.49.

Anheuser-Busch InBev SA/NV (NYSE:BUDGet Free Report) last released its quarterly earnings data on Wednesday, May 8th. The consumer goods maker reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.06. The business had revenue of $14.55 billion for the quarter, compared to the consensus estimate of $14.43 billion. Anheuser-Busch InBev SA/NV had a return on equity of 14.01% and a net margin of 8.03%. The business’s revenue for the quarter was up 2.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.65 EPS. On average, sell-side analysts expect that Anheuser-Busch InBev SA/NV will post 3.42 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Increases Dividend

The business also recently disclosed an annual dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, May 6th were issued a dividend of $0.8722 per share. The ex-dividend date was Friday, May 3rd. This represents a yield of 1.1%. This is a boost from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. Anheuser-Busch InBev SA/NV’s dividend payout ratio (DPR) is presently 27.31%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on BUD shares. TD Cowen lowered their target price on Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an “outperform” rating for the company in a research note on Tuesday, March 5th. UBS Group raised Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Monday. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, Anheuser-Busch InBev SA/NV currently has a consensus rating of “Moderate Buy” and a consensus price target of $72.13.

Read Our Latest Research Report on Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding BUD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Anheuser-Busch InBev SA/NV (NYSE:BUDFree Report).

Institutional Ownership by Quarter for Anheuser-Busch InBev SA/NV (NYSE:BUD)

Receive News & Ratings for Anheuser-Busch InBev SA/NV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anheuser-Busch InBev SA/NV and related companies with MarketBeat.com's FREE daily email newsletter.