Yousif Capital Management LLC Grows Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Yousif Capital Management LLC boosted its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 7.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 30,750 shares of the consumer goods maker’s stock after buying an additional 2,100 shares during the quarter. Yousif Capital Management LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $1,987,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. DAVENPORT & Co LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 25.9% during the 4th quarter. DAVENPORT & Co LLC now owns 1,507,181 shares of the consumer goods maker’s stock valued at $97,415,000 after purchasing an additional 309,977 shares during the last quarter. SG Americas Securities LLC increased its holdings in Anheuser-Busch InBev SA/NV by 232.4% in the 4th quarter. SG Americas Securities LLC now owns 25,052 shares of the consumer goods maker’s stock worth $1,619,000 after acquiring an additional 17,516 shares during the last quarter. QRG Capital Management Inc. purchased a new stake in Anheuser-Busch InBev SA/NV in the 3rd quarter worth about $1,449,000. Allworth Financial LP increased its holdings in Anheuser-Busch InBev SA/NV by 11.8% in the 4th quarter. Allworth Financial LP now owns 3,538 shares of the consumer goods maker’s stock worth $229,000 after acquiring an additional 373 shares during the last quarter. Finally, Savoir Faire Capital Management L.P. purchased a new stake in Anheuser-Busch InBev SA/NV in the 3rd quarter worth about $4,790,000. 5.53% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages recently weighed in on BUD. TD Cowen decreased their price objective on Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an “outperform” rating for the company in a report on Tuesday, March 5th. BNP Paribas lowered Anheuser-Busch InBev SA/NV from an “outperform” rating to a “neutral” rating in a report on Friday, January 12th. Finally, Jefferies Financial Group upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and raised their target price for the stock from $60.00 to $76.00 in a research note on Wednesday, January 10th. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $71.70.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE:BUD opened at $59.46 on Thursday. The business has a 50 day moving average of $60.47 and a 200 day moving average of $61.23. The company has a market capitalization of $103.29 billion, a price-to-earnings ratio of 22.44, a PEG ratio of 1.82 and a beta of 1.13. Anheuser-Busch InBev SA/NV has a 1-year low of $51.66 and a 1-year high of $66.32. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.63 and a quick ratio of 0.48.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its earnings results on Wednesday, February 28th. The consumer goods maker reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $0.06. The company had revenue of $14.47 billion during the quarter, compared to the consensus estimate of $15.34 billion. Anheuser-Busch InBev SA/NV had a return on equity of 13.57% and a net margin of 8.99%. During the same quarter in the previous year, the company posted $0.98 EPS. On average, sell-side analysts predict 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 announced an annual dividend, which will be paid on Friday, June 7th. Investors of record on Monday, May 6th will be given a $0.8722 dividend. This is an increase from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. The ex-dividend date is Friday, May 3rd. This represents a yield of 1.1%. Anheuser-Busch InBev SA/NV’s payout ratio is presently 24.15%.

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.