Benjamin Edwards Inc. Has $426,000 Stake in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Benjamin Edwards Inc. grew its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 18.5% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 8,506 shares of the consumer goods maker’s stock after buying an additional 1,327 shares during the period. Benjamin Edwards Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $426,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in BUD. R Squared Ltd acquired a new position in Anheuser-Busch InBev SA/NV in the 4th quarter valued at approximately $30,000. Rakuten Securities Inc. lifted its position in Anheuser-Busch InBev SA/NV by 2,722.7% in the fourth quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker’s stock worth $31,000 after purchasing an additional 599 shares during the period. Whipplewood Advisors LLC acquired a new stake in Anheuser-Busch InBev SA/NV during the fourth quarter worth $36,000. Empowered Funds LLC bought a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter valued at $49,000. Finally, Brooklyn Investment Group acquired a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at $50,000. Institutional investors own 5.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on BUD. StockNews.com raised shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research note on Saturday. Berenberg Bank initiated coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They issued a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research report on Monday, March 3rd. Finally, Argus raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 price objective for the company in a report on Thursday, March 27th. One analyst has rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $66.00.

Anheuser-Busch InBev SA/NV Price Performance

Anheuser-Busch InBev SA/NV stock opened at $67.30 on Friday. The business’s fifty day moving average is $63.33 and its two-hundred day moving average is $56.67. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. The firm has a market cap of $120.95 billion, a P/E ratio of 20.77, a P/E/G ratio of 1.73 and a beta of 0.83. Anheuser-Busch InBev SA/NV has a 52 week low of $45.94 and a 52 week high of $67.55.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings results on Thursday, May 8th. The consumer goods maker reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. During the same quarter in the prior year, the business posted $0.75 EPS. The company’s quarterly revenue was down 6.3% compared to the same quarter last year. Equities research analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Anheuser-Busch InBev SA/NV Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Friday, June 6th. Shareholders of record on Wednesday, May 7th will be issued a dividend of $1.0492 per share. This is an increase from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.87. The ex-dividend date of this dividend is Wednesday, May 7th. This represents a yield of 1.2%. Anheuser-Busch InBev SA/NV’s dividend payout ratio is currently 22.32%.

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.