Atomi Financial Group Inc. Buys 820 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Atomi Financial Group Inc. raised its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 12.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,511 shares of the consumer goods maker’s stock after buying an additional 820 shares during the period. Atomi Financial Group Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $457,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Anchor Investment Management LLC bought a new position in Anheuser-Busch InBev SA/NV during the fourth quarter valued at about $26,000. Naples Money Management LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter worth approximately $30,000. Russell Investments Group Ltd. boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 116.5% in the 4th quarter. Russell Investments Group Ltd. now owns 643 shares of the consumer goods maker’s stock worth $42,000 after acquiring an additional 346 shares in the last quarter. Janiczek Wealth Management LLC boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 111.0% in the 4th quarter. Janiczek Wealth Management LLC now owns 882 shares of the consumer goods maker’s stock worth $57,000 after acquiring an additional 464 shares in the last quarter. Finally, ICA Group Wealth Management LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter worth approximately $57,000. 5.53% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have commented on BUD. Morgan Stanley dropped their target price on shares of Anheuser-Busch InBev SA/NV from $70.00 to $68.50 and set an “overweight” rating for the company in a research report on Tuesday, July 2nd. UBS Group upgraded shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Monday, June 24th. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, Anheuser-Busch InBev SA/NV presently has an average rating of “Moderate Buy” and a consensus price target of $72.13.

Anheuser-Busch InBev SA/NV Stock Down 1.6 %

NYSE BUD traded down $1.01 on Monday, reaching $60.49. The company had a trading volume of 891,714 shares, compared to its average volume of 1,829,945. The firm has a market capitalization of $108.71 billion, a price-to-earnings ratio of 25.84, a price-to-earnings-growth ratio of 1.70 and a beta of 1.10. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.48 and a current ratio of 0.63. Anheuser-Busch InBev SA/NV has a 1-year low of $51.66 and a 1-year high of $67.49. The company’s fifty day moving average is $61.87 and its 200-day moving average is $61.83.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its 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 firm 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 company’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.65 EPS. On average, research analysts forecast 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 disclosed an annual dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, May 6th were paid a dividend of $0.8722 per share. This represents a dividend yield of 1.1%. This is an increase from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. The ex-dividend date was Friday, May 3rd. Anheuser-Busch InBev SA/NV’s dividend payout ratio is currently 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.