V Square Quantitative Management LLC Takes Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

V Square Quantitative Management LLC bought a new position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,716 shares of the consumer goods maker’s stock, valued at approximately $305,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of BUD. Anchor Investment Management LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the fourth quarter worth $26,000. Naples Money Management LLC acquired a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter valued at $30,000. Cary Street Partners Investment Advisory LLC raised its position in Anheuser-Busch InBev SA/NV by 125.4% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 629 shares of the consumer goods maker’s stock valued at $35,000 after purchasing an additional 350 shares during the period. Russell Investments Group Ltd. lifted its stake in shares of Anheuser-Busch InBev SA/NV by 116.5% during the fourth quarter. Russell Investments Group Ltd. now owns 643 shares of the consumer goods maker’s stock worth $42,000 after purchasing an additional 346 shares in the last quarter. Finally, Janiczek Wealth Management LLC boosted its position in shares of Anheuser-Busch InBev SA/NV by 111.0% in the fourth 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 period. Institutional investors and hedge funds own 5.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, TD Cowen reduced their price target 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. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $72.13.

Anheuser-Busch InBev SA/NV Stock Down 1.6 %

Shares of NYSE BUD opened at $59.49 on Monday. The firm has a market cap of $103.35 billion, a price-to-earnings ratio of 25.00, a PEG ratio of 1.39 and a beta of 1.12. 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 debt-to-equity ratio of 0.80, a quick ratio of 0.48 and a current ratio of 0.63. The stock’s 50-day simple moving average is $61.76 and its 200-day simple moving average is $62.37.

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

Anheuser-Busch InBev SA/NV Increases Dividend

The business also recently disclosed an annual dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, May 6th were paid a dividend of $0.8722 per share. This represents a yield of 1.1%. This is an increase from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. The ex-dividend date of this dividend was Friday, May 3rd. Anheuser-Busch InBev SA/NV’s dividend payout ratio is 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.