Syon Capital LLC Acquires 648 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Syon Capital LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 10.6% in the fourth quarter, HoldingsChannel reports. The firm owned 6,741 shares of the consumer goods maker’s stock after purchasing an additional 648 shares during the quarter. Syon Capital LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $436,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Anchor Investment Management LLC bought a new stake in Anheuser-Busch InBev SA/NV during the fourth quarter worth $26,000. Naples Money Management LLC bought a new position in Anheuser-Busch InBev SA/NV in the fourth quarter valued at about $30,000. GPS Wealth Strategies Group LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV by 448.2% during the third quarter. GPS Wealth Strategies Group LLC now owns 603 shares of the consumer goods maker’s stock valued at $33,000 after purchasing an additional 493 shares in the last quarter. Cary Street Partners Investment Advisory LLC grew its holdings in shares of Anheuser-Busch InBev SA/NV by 125.4% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 629 shares of the consumer goods maker’s stock worth $35,000 after purchasing an additional 350 shares during the last quarter. Finally, Janiczek Wealth Management LLC increased its stake in shares of 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. Institutional investors and hedge funds own 5.53% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on BUD. Jefferies Financial Group upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and upped their price target for the company from $60.00 to $76.00 in a research report on Wednesday, January 10th. TD Cowen decreased their price objective 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 report on Tuesday, March 5th. Finally, BNP Paribas lowered Anheuser-Busch InBev SA/NV from an “outperform” rating to a “neutral” rating in a report on Friday, January 12th. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $71.70.

Anheuser-Busch InBev SA/NV Stock Up 0.1 %

BUD opened at $60.01 on Friday. Anheuser-Busch InBev SA/NV has a twelve month low of $51.66 and a twelve month high of $66.32. The company’s 50-day moving average price is $60.65 and its two-hundred day moving average price is $61.05. The stock has a market cap of $104.24 billion, a price-to-earnings ratio of 22.64, a PEG ratio of 1.81 and a beta of 1.13. The company has a quick ratio of 0.48, a current ratio of 0.63 and a debt-to-equity ratio of 0.80.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings data on Wednesday, February 28th. The consumer goods maker reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $0.06. Anheuser-Busch InBev SA/NV had a net margin of 8.99% and a return on equity of 13.57%. The company had revenue of $14.47 billion during the quarter, compared to the consensus estimate of $15.34 billion. During the same period in the previous year, the firm posted $0.98 EPS. As a group, equities analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Anheuser-Busch InBev SA/NV Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Friday, June 7th. Shareholders of record on Monday, May 6th will be given a $0.8722 dividend. This is a boost from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. The ex-dividend date of this dividend is Friday, May 3rd. This represents a dividend yield of 1.1%. Anheuser-Busch InBev SA/NV’s payout ratio is presently 23.02%.

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.