Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Bought by CHICAGO TRUST Co NA

CHICAGO TRUST Co NA increased its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 1.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,579 shares of the consumer goods maker’s stock after acquiring an additional 196 shares during the period. CHICAGO TRUST Co NA’s holdings in Anheuser-Busch InBev SA/NV were worth $643,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. The Manufacturers Life Insurance Company grew its position in Anheuser-Busch InBev SA/NV by 11.6% in the third 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. Capital International Investors lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 0.9% during the fourth quarter. Capital International Investors now owns 2,124,860 shares of the consumer goods maker’s stock valued at $137,447,000 after purchasing an additional 18,280 shares during the last quarter. DAVENPORT & Co LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 25.9% during the fourth 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. Wells Fargo & Company MN increased its stake in Anheuser-Busch InBev SA/NV by 4.4% in the 4th quarter. Wells Fargo & Company MN now owns 873,977 shares of the consumer goods maker’s stock worth $56,476,000 after purchasing an additional 37,084 shares in the last quarter. Finally, Seafarer Capital Partners LLC lifted its stake in Anheuser-Busch InBev SA/NV by 8.2% during the fourth quarter. Seafarer Capital Partners LLC now owns 792,000 shares of the consumer goods maker’s stock valued at $51,179,000 after buying an additional 60,000 shares in the last quarter. 5.53% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on BUD. UBS Group upgraded shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Monday. TD Cowen dropped 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 research note on Tuesday, March 5th. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $72.13.

Anheuser-Busch InBev SA/NV Stock Performance

BUD stock opened at $60.76 on Tuesday. The firm has a 50 day moving average of $61.77 and a two-hundred day moving average of $62.22. Anheuser-Busch InBev SA/NV has a 12 month low of $51.66 and a 12 month high of $67.49. The company has a market capitalization of $109.20 billion, a price-to-earnings ratio of 25.53, a P/E/G ratio of 1.39 and a beta of 1.12. The company has a quick ratio of 0.48, a current ratio of 0.63 and a debt-to-equity ratio of 0.80.

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

Anheuser-Busch InBev SA/NV Increases Dividend

The company also recently announced an annual dividend, which was paid on Friday, June 7th. Investors of record on Monday, May 6th were paid a $0.8722 dividend. The ex-dividend date was Friday, May 3rd. This is a positive change from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. This represents a 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.