XTX Topco Ltd Boosts Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

XTX Topco Ltd boosted its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 111.9% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 75,102 shares of the consumer goods maker’s stock after purchasing an additional 39,655 shares during the quarter. XTX Topco Ltd’s holdings in Anheuser-Busch InBev SA/NV were worth $4,623,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of BUD. Dodge & Cox boosted its position in Anheuser-Busch InBev SA/NV by 27.7% during the fourth quarter. Dodge & Cox now owns 39,996,830 shares of the consumer goods maker’s stock worth $2,002,641,000 after purchasing an additional 8,670,940 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at $37,311,000. The Manufacturers Life Insurance Company lifted its position in shares of Anheuser-Busch InBev SA/NV by 7.2% in the fourth quarter. The Manufacturers Life Insurance Company now owns 7,569,492 shares of the consumer goods maker’s stock valued at $379,004,000 after acquiring an additional 505,206 shares in the last quarter. Clarkston Capital Partners LLC lifted its position in shares of Anheuser-Busch InBev SA/NV by 30.3% in the fourth quarter. Clarkston Capital Partners LLC now owns 1,493,842 shares of the consumer goods maker’s stock valued at $74,797,000 after acquiring an additional 347,000 shares in the last quarter. Finally, Capital Fund Management S.A. lifted its position in shares of Anheuser-Busch InBev SA/NV by 291.4% in the fourth quarter. Capital Fund Management S.A. now owns 359,393 shares of the consumer goods maker’s stock valued at $17,995,000 after acquiring an additional 267,579 shares in the last quarter. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of NYSE:BUD opened at $66.39 on Tuesday. The firm has a market capitalization of $119.32 billion, a PE ratio of 19.24, a P/E/G ratio of 1.76 and a beta of 0.82. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.70 and a quick ratio of 0.54. The business has a 50-day moving average of $69.50 and a two-hundred day moving average of $62.58. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $72.13.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings results on Thursday, May 8th. The consumer goods maker reported $0.81 EPS for the quarter, topping the consensus estimate of $0.77 by $0.04. Anheuser-Busch InBev SA/NV had a return on equity of 16.09% and a net margin of 11.74%. Anheuser-Busch InBev SA/NV’s revenue was down 6.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.75 earnings per share. As a group, research analysts forecast 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 business also recently announced an annual dividend, which was paid on Friday, June 6th. Stockholders of record on Wednesday, May 7th were paid a $1.0492 dividend. The ex-dividend date of this dividend was Wednesday, May 7th. This represents a dividend yield of 1.2%. This is a positive change from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.87. Anheuser-Busch InBev SA/NV’s dividend payout ratio (DPR) is 24.64%.

Wall Street Analyst Weigh In

BUD has been the topic of several recent research reports. BNP Paribas upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 30th. The Goldman Sachs Group upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating and upped their target price for the company from $70.10 to $88.00 in a research note on Monday, May 12th. Wall Street Zen lowered Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a research note on Sunday, May 18th. Finally, Berenberg Bank assumed coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They issued a “buy” rating for the company. Two equities research analysts have rated the stock with a hold rating, six have given a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, Anheuser-Busch InBev SA/NV has an average rating of “Buy” and an average target price of $71.50.

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.