SageView Advisory Group LLC Purchases 3,202 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

SageView Advisory Group LLC increased its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 15.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 23,405 shares of the consumer goods maker’s stock after acquiring an additional 3,202 shares during the period. SageView Advisory Group LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $1,461,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Anchor Investment Management LLC bought a new stake in Anheuser-Busch InBev SA/NV during the 4th quarter worth approximately $26,000. Naples Money Management LLC bought a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter worth $30,000. Cary Street Partners Investment Advisory LLC increased its holdings in shares of Anheuser-Busch InBev SA/NV by 125.4% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 629 shares of the consumer goods maker’s stock worth $35,000 after buying an additional 350 shares during the last quarter. Russell Investments Group Ltd. increased 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 buying an additional 346 shares during the last quarter. Finally, Janiczek Wealth Management LLC increased 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 buying an additional 464 shares during the last quarter. Institutional investors own 5.53% of the company’s stock.

Analysts Set New Price Targets

Separately, TD Cowen decreased their price target on shares of 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 investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $71.70.

Anheuser-Busch InBev SA/NV Trading Up 0.6 %

Shares of BUD stock traded up $0.42 on Friday, hitting $65.04. 1,355,008 shares of the company’s stock traded hands, compared to its average volume of 1,825,835. 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 one year low of $51.66 and a one year high of $67.49. The company’s fifty day simple moving average is $61.17 and its 200 day simple moving average is $62.27. The stock has a market capitalization of $112.99 billion, a price-to-earnings ratio of 27.33, a P/E/G ratio of 1.51 and a beta of 1.11.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its earnings results on Wednesday, May 8th. The consumer goods maker reported $0.75 EPS for the quarter, beating the consensus estimate of $0.69 by $0.06. The company had revenue of $14.55 billion for 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 firm’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.65 EPS. Equities analysts forecast 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 declared an annual dividend, which will be paid on Friday, June 7th. Shareholders of record on Monday, May 6th will be given a dividend of $0.8722 per share. The ex-dividend date of this dividend is Friday, May 3rd. This represents a 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 presently 27.31%.

About Anheuser-Busch InBev SA/NV

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.