Integrated Advisors Network LLC Has $340,000 Stock Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Integrated Advisors Network LLC boosted its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 33.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 5,260 shares of the consumer goods maker’s stock after acquiring an additional 1,317 shares during the period. Integrated Advisors Network LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $340,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of BUD. HighTower Advisors LLC raised its holdings in Anheuser-Busch InBev SA/NV by 15.2% during the third quarter. HighTower Advisors LLC now owns 33,973 shares of the consumer goods maker’s stock worth $1,880,000 after buying an additional 4,493 shares during the last quarter. UBS Group AG raised its holdings in Anheuser-Busch InBev SA/NV by 25.5% during the third quarter. UBS Group AG now owns 107,318 shares of the consumer goods maker’s stock worth $5,935,000 after buying an additional 21,794 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in Anheuser-Busch InBev SA/NV by 3.3% during the third quarter. PNC Financial Services Group Inc. now owns 37,012 shares of the consumer goods maker’s stock worth $2,047,000 after buying an additional 1,183 shares during the last quarter. Kestra Advisory Services LLC raised its holdings in Anheuser-Busch InBev SA/NV by 21.4% during the third quarter. Kestra Advisory Services LLC now owns 15,858 shares of the consumer goods maker’s stock worth $877,000 after buying an additional 2,795 shares during the last quarter. Finally, QRG Capital Management Inc. acquired a new position in Anheuser-Busch InBev SA/NV during the third quarter worth $1,449,000. Institutional investors and hedge funds own 5.53% of the company’s stock.

Analysts Set New Price Targets

Separately, TD Cowen reduced their target price on shares of 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. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, Anheuser-Busch InBev SA/NV presently has a consensus rating of “Moderate Buy” and a consensus target price of $72.13.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE BUD opened at $59.14 on Wednesday. Anheuser-Busch InBev SA/NV has a 1 year low of $51.66 and a 1 year high of $67.49. 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 firm has a market cap of $106.29 billion, a price-to-earnings ratio of 24.85, a PEG ratio of 1.39 and a beta of 1.12. The company has a fifty day moving average price of $61.72 and a 200-day moving average price of $62.31.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings results on Wednesday, May 8th. The consumer goods maker reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.06. The company had revenue of $14.55 billion during the quarter, compared to analyst estimates of $14.43 billion. Anheuser-Busch InBev SA/NV had a net margin of 8.03% and a return on equity of 14.01%. The firm’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 earned $0.65 earnings per share. As a group, equities research analysts predict 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 declared an annual dividend, which was paid on Friday, June 7th. Investors of record on Monday, May 6th were given a dividend of $0.8722 per share. The ex-dividend date of this dividend was Friday, May 3rd. This represents a yield of 1.1%. This is a positive change from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. Anheuser-Busch InBev SA/NV’s dividend payout ratio is presently 27.31%.

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.