BNP Paribas Financial Markets Purchases 99,563 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

BNP Paribas Financial Markets raised its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 8,961.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 100,674 shares of the consumer goods maker’s stock after buying an additional 99,563 shares during the quarter. BNP Paribas Financial Markets’ holdings in Anheuser-Busch InBev SA/NV were worth $5,041,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in BUD. Dodge & Cox increased its holdings in Anheuser-Busch InBev SA/NV by 27.7% in the 4th quarter. Dodge & Cox now owns 39,996,830 shares of the consumer goods maker’s stock worth $2,002,641,000 after acquiring an additional 8,670,940 shares during the last quarter. Artisan Partners Limited Partnership purchased a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter worth about $56,849,000. Raymond James Financial Inc. purchased a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter worth about $37,311,000. Alberta Investment Management Corp bought a new stake in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $28,540,000. Finally, The Manufacturers Life Insurance Company lifted its stake in shares of Anheuser-Busch InBev SA/NV by 7.2% during the 4th quarter. The Manufacturers Life Insurance Company now owns 7,569,492 shares of the consumer goods maker’s stock valued at $379,004,000 after buying an additional 505,206 shares in the last quarter. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE:BUD opened at $65.91 on Wednesday. The stock has a market cap of $118.45 billion, a P/E ratio of 20.34, a PEG ratio of 1.73 and a beta of 0.83. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. The business’s 50-day moving average price is $63.47 and its two-hundred day moving average price is $56.69. Anheuser-Busch InBev SA/NV has a twelve month low of $45.94 and a twelve month high of $67.55.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its earnings results on Thursday, May 8th. The consumer goods maker reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. During the same period in the prior year, the company earned $0.75 EPS. Anheuser-Busch InBev SA/NV’s revenue was down 6.3% on a year-over-year basis. As a group, equities analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Increases Dividend

The business also recently announced an annual dividend, which will be paid on Friday, June 6th. Investors of record on Wednesday, May 7th will be given a $1.0492 dividend. The ex-dividend date of this dividend is Wednesday, May 7th. This is a positive change from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.87. This represents a yield of 1.2%. Anheuser-Busch InBev SA/NV’s payout ratio is 22.32%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. StockNews.com upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research note on Saturday. Berenberg Bank started coverage on Anheuser-Busch InBev SA/NV in a report on Wednesday, April 2nd. They issued a “buy” rating for the company. The Goldman Sachs Group upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $70.10 to $88.00 in a research note on Monday. Deutsche Bank Aktiengesellschaft raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a report on Monday, March 3rd. Finally, Argus upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 target price for the company in a research note on Thursday, March 27th. One equities research analyst has rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $71.50.

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.