3,500 Shares in Anheuser-Busch InBev SA/NV (NYSE:BUD) Acquired by MJP Associates Inc. ADV

MJP Associates Inc. ADV purchased a new position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 3,500 shares of the consumer goods maker’s stock, valued at approximately $213,000.

A number of other large investors have also bought and sold shares of the business. Pflug Koory LLC grew its position in Anheuser-Busch InBev SA/NV by 14.0% during the 4th quarter. Pflug Koory LLC now owns 1,621 shares of the consumer goods maker’s stock worth $105,000 after acquiring an additional 199 shares during the last quarter. Franklin Resources Inc. lifted its holdings in Anheuser-Busch InBev SA/NV by 1.1% during the 4th quarter. Franklin Resources Inc. now owns 19,139 shares of the consumer goods maker’s stock worth $1,237,000 after buying an additional 201 shares in the last quarter. Stableford Capital II LLC lifted its holdings in Anheuser-Busch InBev SA/NV by 1.4% during the 4th quarter. Stableford Capital II LLC now owns 16,051 shares of the consumer goods maker’s stock worth $1,046,000 after buying an additional 217 shares in the last quarter. Private Trust Co. NA lifted its holdings in Anheuser-Busch InBev SA/NV by 25.8% during the 4th quarter. Private Trust Co. NA now owns 1,063 shares of the consumer goods maker’s stock worth $69,000 after buying an additional 218 shares in the last quarter. Finally, Armstrong Advisory Group Inc. lifted its holdings in Anheuser-Busch InBev SA/NV by 17.7% during the 4th quarter. Armstrong Advisory Group Inc. now owns 1,692 shares of the consumer goods maker’s stock worth $109,000 after buying an additional 254 shares in the last quarter. 5.53% of the stock is currently owned by institutional investors.

Anheuser-Busch InBev SA/NV Trading Down 0.3 %

Shares of BUD stock traded down $0.18 during trading hours on Friday, reaching $59.06. The company had a trading volume of 1,461,703 shares, compared to its average volume of 1,025,712. The company has a 50 day moving average of $61.71 and a 200 day moving average of $62.24. 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 $106.14 billion, a price-to-earnings ratio of 24.82, a P/E/G ratio of 1.39 and a beta of 1.12. 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: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 analysts’ consensus estimates of $0.69 by $0.06. Anheuser-Busch InBev SA/NV had a return on equity of 14.01% and a net margin of 8.03%. The company had revenue of $14.55 billion for the quarter, compared to the consensus estimate of $14.43 billion. During the same quarter in the prior year, the business posted $0.65 EPS. The firm’s quarterly revenue was up 2.3% on a year-over-year basis. On average, equities research analysts anticipate 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 disclosed an annual dividend, which was paid on Friday, June 7th. Investors of record on Monday, May 6th were given a $0.8722 dividend. The ex-dividend date 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%.

Analyst Upgrades and Downgrades

Separately, TD Cowen reduced their price objective on Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an “outperform” rating on the stock in a report on Tuesday, March 5th. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $72.13.

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.