Seafarer Capital Partners LLC Acquires 60,000 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Seafarer Capital Partners LLC increased its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 8.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 792,000 shares of the consumer goods maker’s stock after acquiring an additional 60,000 shares during the quarter. Anheuser-Busch InBev SA/NV comprises about 13.8% of Seafarer Capital Partners LLC’s holdings, making the stock its 5th largest position. Seafarer Capital Partners LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $51,179,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Pflug Koory LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 14.0% in the 4th quarter. Pflug Koory LLC now owns 1,621 shares of the consumer goods maker’s stock valued at $105,000 after acquiring an additional 199 shares in the last quarter. Hazlett Burt & Watson Inc. grew its stake in shares of Anheuser-Busch InBev SA/NV by 7.8% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 2,748 shares of the consumer goods maker’s stock worth $151,000 after acquiring an additional 200 shares in the last quarter. Meridian Wealth Management LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 4.2% in the 3rd quarter. Meridian Wealth Management LLC now owns 5,014 shares of the consumer goods maker’s stock worth $277,000 after acquiring an additional 201 shares in the last quarter. CHICAGO TRUST Co NA grew its stake in shares of Anheuser-Busch InBev SA/NV by 2.1% in the 3rd quarter. CHICAGO TRUST Co NA now owns 10,427 shares of the consumer goods maker’s stock worth $577,000 after acquiring an additional 211 shares in the last quarter. Finally, Stableford Capital II LLC boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 1.4% in the 4th quarter. Stableford Capital II LLC now owns 16,051 shares of the consumer goods maker’s stock worth $1,046,000 after buying an additional 217 shares during the last quarter. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Up 0.1 %

BUD stock opened at $60.01 on Friday. The company has a current ratio of 0.63, a quick ratio of 0.48 and a debt-to-equity ratio of 0.80. The company’s 50 day moving average is $60.65 and its 200 day moving average is $61.05. The stock has a market cap of $104.24 billion, a price-to-earnings ratio of 22.64, a price-to-earnings-growth ratio of 1.81 and a beta of 1.13. Anheuser-Busch InBev SA/NV has a 1-year low of $51.66 and a 1-year high of $66.32.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings data on Wednesday, February 28th. The consumer goods maker reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.06. The company had revenue of $14.47 billion for the quarter, compared to analysts’ expectations 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 in the prior year, the business earned $0.98 earnings per share. Sell-side 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 disclosed an annual dividend, which will be paid on Friday, June 7th. Investors of record on Monday, May 6th will be given a $0.8722 dividend. This represents a dividend yield of 1.1%. 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. Anheuser-Busch InBev SA/NV’s dividend payout ratio is 23.02%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. TD Cowen cut 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 report on Tuesday, March 5th. BNP Paribas downgraded shares of Anheuser-Busch InBev SA/NV from an “outperform” rating to a “neutral” rating in a report on Friday, January 12th. Finally, Jefferies Financial Group raised shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and upped their price objective for the company from $60.00 to $76.00 in a report on Wednesday, January 10th. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $71.70.

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.