Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Acquired by Paradigm Financial Partners LLC

Paradigm Financial Partners LLC boosted its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 2.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 68,055 shares of the consumer goods maker’s stock after acquiring an additional 1,505 shares during the period. Anheuser-Busch InBev SA/NV comprises approximately 1.1% of Paradigm Financial Partners LLC’s investment portfolio, making the stock its 24th largest position. Paradigm Financial Partners LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $4,398,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in BUD. The Manufacturers Life Insurance Company grew its holdings in Anheuser-Busch InBev SA/NV by 11.6% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 10,367,287 shares of the consumer goods maker’s stock valued at $573,311,000 after purchasing an additional 1,077,724 shares in the last quarter. Armistice Capital LLC bought a new position in Anheuser-Busch InBev SA/NV during the 3rd quarter valued at $38,876,000. DAVENPORT & Co LLC boosted its stake in Anheuser-Busch InBev SA/NV by 25.9% during the 4th quarter. DAVENPORT & Co LLC now owns 1,507,181 shares of the consumer goods maker’s stock valued at $97,415,000 after acquiring an additional 309,977 shares during the last quarter. International Assets Investment Management LLC bought a new position in Anheuser-Busch InBev SA/NV during the 4th quarter valued at $136,630,000. Finally, Causeway Capital Management LLC boosted its stake in Anheuser-Busch InBev SA/NV by 48.3% during the 3rd quarter. Causeway Capital Management LLC now owns 304,020 shares of the consumer goods maker’s stock valued at $16,812,000 after acquiring an additional 99,006 shares during the last quarter. 5.53% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. TD Cowen reduced their price objective 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. BNP Paribas downgraded shares of Anheuser-Busch InBev SA/NV from an “outperform” rating to a “neutral” rating in a research report on Friday, January 12th. Finally, Jefferies Financial Group upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and raised their price target for the stock from $60.00 to $76.00 in a research report on Wednesday, January 10th. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $71.70.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE:BUD traded up $0.07 during mid-day trading on Friday, hitting $60.01. The stock had a trading volume of 1,159,616 shares, compared to its average volume of 1,684,046. The stock has a market capitalization of $104.25 billion, a price-to-earnings ratio of 22.65, a P/E/G ratio of 1.81 and a beta of 1.13. The company has a 50 day simple moving average of $60.65 and a 200-day simple moving average of $61.10. Anheuser-Busch InBev SA/NV has a 52 week low of $51.66 and a 52 week high of $66.32. 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 issued its quarterly earnings data on Wednesday, February 28th. The consumer goods maker reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.06. The firm had revenue of $14.47 billion for the quarter, compared to the consensus estimate of $15.34 billion. Anheuser-Busch InBev SA/NV had a net margin of 8.99% and a return on equity of 13.57%. During the same period last year, the firm posted $0.98 EPS. On average, research analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share 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 7th. Shareholders of record on Monday, May 6th will be paid a dividend of $0.8722 per share. This is a boost from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. The ex-dividend date is Friday, May 3rd. This represents a yield of 1.1%. Anheuser-Busch InBev SA/NV’s dividend payout ratio (DPR) is presently 23.02%.

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.