Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Purchased by First Hawaiian Bank

First Hawaiian Bank boosted its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 0.8% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 42,953 shares of the consumer goods maker’s stock after acquiring an additional 320 shares during the period. First Hawaiian Bank’s holdings in Anheuser-Busch InBev SA/NV were worth $2,611,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Compass Wealth Management LLC increased its position in Anheuser-Busch InBev SA/NV by 11.6% in the 1st quarter. Compass Wealth Management LLC now owns 95,812 shares of the consumer goods maker’s stock valued at $5,823,000 after acquiring an additional 9,942 shares during the period. Nomura Holdings Inc. acquired a new position in Anheuser-Busch InBev SA/NV in the 4th quarter valued at about $1,622,000. HighPoint Advisor Group LLC acquired a new position in Anheuser-Busch InBev SA/NV in the 4th quarter valued at about $290,000. ICA Group Wealth Management LLC acquired a new position in Anheuser-Busch InBev SA/NV in the 4th quarter valued at about $57,000. Finally, SageView Advisory Group LLC increased its position in Anheuser-Busch InBev SA/NV by 15.8% in the 4th quarter. SageView Advisory Group LLC now owns 23,405 shares of the consumer goods maker’s stock valued at $1,461,000 after acquiring an additional 3,202 shares during the period. Institutional investors and hedge funds own 5.53% of the company’s stock.

Wall Street Analyst Weigh In

Separately, TD Cowen dropped their target price on Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an “outperform” rating on the stock in a research report 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 stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $72.13.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE BUD opened at $59.14 on Thursday. The company has a current ratio of 0.63, a quick ratio of 0.48 and a debt-to-equity ratio of 0.80. The business’s 50 day moving average is $61.71 and its two-hundred day moving average is $62.29. Anheuser-Busch InBev SA/NV has a 12-month low of $51.66 and a 12-month high of $67.49. The stock has a market capitalization of $106.29 billion, a price-to-earnings ratio of 24.85, a PEG ratio of 1.38 and a beta of 1.12.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings results on Wednesday, May 8th. The consumer goods maker reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.06. The business had revenue of $14.55 billion for the quarter, compared to analysts’ expectations 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 company’s revenue was up 2.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.65 EPS. Research analysts expect that Anheuser-Busch InBev SA/NV will post 3.42 EPS for the current year.

Anheuser-Busch InBev SA/NV Increases Dividend

The company also recently declared an annual dividend, which was paid on Friday, June 7th. Investors of record on Monday, May 6th were issued a $0.8722 dividend. The ex-dividend date of this dividend was Friday, May 3rd. This represents a dividend 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 is currently 27.31%.

About Anheuser-Busch InBev SA/NV

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.