Financial Counselors Inc. Purchases New Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Financial Counselors Inc. purchased a new stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,333 shares of the consumer goods maker’s stock, valued at approximately $203,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of BUD. Anchor Investment Management LLC bought a new stake in Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $26,000. Naples Money Management LLC bought a new stake in Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $30,000. Russell Investments Group Ltd. raised its stake in Anheuser-Busch InBev SA/NV by 116.5% in the fourth quarter. Russell Investments Group Ltd. now owns 643 shares of the consumer goods maker’s stock valued at $42,000 after buying an additional 346 shares during the period. Janiczek Wealth Management LLC raised its stake in Anheuser-Busch InBev SA/NV by 111.0% in the fourth quarter. Janiczek Wealth Management LLC now owns 882 shares of the consumer goods maker’s stock valued at $57,000 after buying an additional 464 shares during the period. Finally, ICA Group Wealth Management LLC bought a new stake in Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $57,000. Institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Price Performance

Shares of NYSE BUD opened at $59.01 on Wednesday. The stock has a market capitalization of $106.05 billion, a PE ratio of 24.79, a P/E/G ratio of 1.64 and a beta of 1.10. 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 business has a fifty day moving average price of $61.79 and a two-hundred day moving average price of $61.91. Anheuser-Busch InBev SA/NV has a fifty-two week low of $51.66 and a fifty-two week high of $67.49.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings data 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 firm had revenue of $14.55 billion during 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 quarterly revenue was up 2.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.65 EPS. As a group, equities analysts predict that Anheuser-Busch InBev SA/NV will post 3.36 earnings per share for the current fiscal year.

Anheuser-Busch InBev SA/NV Increases Dividend

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

Analysts Set New Price Targets

BUD has been the subject of several research reports. UBS Group raised Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a report on Monday, June 24th. Morgan Stanley dropped their price target on Anheuser-Busch InBev SA/NV from $70.00 to $68.50 and set an “overweight” rating for the company in a report on Tuesday, July 2nd. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, Anheuser-Busch InBev SA/NV presently has a consensus rating of “Moderate Buy” and a consensus price target of $72.13.

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.