4,556 Shares in Anheuser-Busch InBev SA/NV (NYSE:BUD) Acquired by Team Hewins LLC

Team Hewins LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 4,556 shares of the consumer goods maker’s stock, valued at approximately $294,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. The Manufacturers Life Insurance Company grew its position in shares of Anheuser-Busch InBev SA/NV by 11.6% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 10,367,287 shares of the consumer goods maker’s stock worth $573,311,000 after buying an additional 1,077,724 shares during the last quarter. Armistice Capital LLC bought a new stake in shares of Anheuser-Busch InBev SA/NV in the 3rd quarter worth approximately $38,876,000. DAVENPORT & Co LLC grew its position in shares of Anheuser-Busch InBev SA/NV by 25.9% in the 4th quarter. DAVENPORT & Co LLC now owns 1,507,181 shares of the consumer goods maker’s stock worth $97,415,000 after buying an additional 309,977 shares during the last quarter. International Assets Investment Management LLC bought a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter worth approximately $136,630,000. Finally, Brandes Investment Partners LP grew its position in shares of Anheuser-Busch InBev SA/NV by 52.7% in the 4th quarter. Brandes Investment Partners LP now owns 301,882 shares of the consumer goods maker’s stock worth $19,508,000 after buying an additional 104,209 shares during the last quarter. 5.53% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, TD Cowen cut their price objective on Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 5th. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, Anheuser-Busch InBev SA/NV presently has a consensus rating of “Moderate Buy” and a consensus price target of $71.70.

Anheuser-Busch InBev SA/NV Stock Up 0.6 %

NYSE:BUD traded up $0.42 during trading hours on Friday, reaching $65.04. 1,355,008 shares of the company traded hands, compared to its average volume of 1,825,835. The business’s 50-day moving average price is $61.17 and its two-hundred day moving average price is $62.29. The stock has a market capitalization of $112.99 billion, a P/E ratio of 27.33, a P/E/G ratio of 1.52 and a beta of 1.11. Anheuser-Busch InBev SA/NV has a 1 year low of $51.66 and a 1 year high of $67.49. The company has a current ratio of 0.63, a quick ratio of 0.48 and a debt-to-equity ratio of 0.80.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings data on Wednesday, May 8th. The consumer goods maker reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.06. The business had revenue of $14.55 billion during the quarter, compared to analysts’ expectations of $14.43 billion. Anheuser-Busch InBev SA/NV had a return on equity of 14.01% and a net margin of 8.03%. The firm’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.65 earnings per share. Analysts predict that Anheuser-Busch InBev SA/NV will post 3.42 earnings per share for the current year.

Anheuser-Busch InBev SA/NV Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Friday, June 7th. Shareholders of record on Monday, May 6th will be issued a $0.8722 dividend. This is a positive change from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. The ex-dividend date of this dividend is Friday, May 3rd. This represents a dividend yield of 1.1%. Anheuser-Busch InBev SA/NV’s dividend payout ratio (DPR) 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.