International Assets Investment Management LLC Invests $315,000 in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Posted by on Apr 15th, 2023

International Assets Investment Management LLC acquired a new position in Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Rating) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 5,254 shares of the consumer goods maker’s stock, valued at approximately $315,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Accurate Wealth Management LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter worth about $25,000. Spire Wealth Management boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 94.0% in the 3rd quarter. Spire Wealth Management now owns 617 shares of the consumer goods maker’s stock worth $28,000 after purchasing an additional 299 shares in the last quarter. Hexagon Capital Partners LLC boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 64.5% in the 3rd quarter. Hexagon Capital Partners LLC now owns 895 shares of the consumer goods maker’s stock worth $40,000 after purchasing an additional 351 shares in the last quarter. Boit C F David purchased a new stake in Anheuser-Busch InBev SA/NV during the 3rd quarter valued at about $45,000. Finally, Private Trust Co. NA purchased a new stake in Anheuser-Busch InBev SA/NV during the 2nd quarter valued at about $52,000. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on BUD. Deutsche Bank Aktiengesellschaft cut Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a report on Thursday, January 12th. StockNews.com upgraded Anheuser-Busch InBev SA/NV from a “buy” rating to a “strong-buy” rating in a report on Thursday, April 6th. Finally, UBS Group cut Anheuser-Busch InBev SA/NV from a “neutral” rating to a “sell” rating in a report on Thursday, January 12th. Two analysts have rated the stock with a sell rating, three have given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $64.70.

Anheuser-Busch InBev SA/NV Trading Up 0.3 %

BUD opened at $64.56 on Friday. The business has a 50 day simple moving average of $61.58 and a two-hundred day simple moving average of $57.38. The firm has a market capitalization of $112.14 billion, a price-to-earnings ratio of 21.81, a PEG ratio of 1.96 and a beta of 1.24. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.67 and a quick ratio of 0.48. Anheuser-Busch InBev SA/NV has a one year low of $44.51 and a one year high of $67.09.

Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Rating) last released its quarterly earnings results on Thursday, March 2nd. The consumer goods maker reported $0.98 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.26. The business had revenue of $14.67 billion during the quarter, compared to analyst estimates of $15.19 billion. Anheuser-Busch InBev SA/NV had a return on equity of 15.46% and a net margin of 10.33%. Analysts predict that Anheuser-Busch InBev SA/NV will post 3.22 EPS for the current year.

Anheuser-Busch InBev SA/NV Increases Dividend

The company also recently announced an annual dividend, which will be paid on Thursday, June 8th. Stockholders of record on Thursday, May 4th will be given a $0.611 dividend. The ex-dividend date of this dividend is Wednesday, May 3rd. This represents a dividend yield of 0.95%. This is a positive change from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.41. Anheuser-Busch InBev SA/NV’s dividend payout ratio is currently 13.51%.

Anheuser-Busch InBev SA/NV Company Profile

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Anheuser-Busch InBev SA/NV operates as a holding company, which engages in the manufacture and distribution of alcoholic and non-alcoholic beverages. It operates through the following geographical segments: North America, Middle Americas, South America, EMEA, Asia Pacific, and Global Export and Holding Companies.

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Institutional Ownership by Quarter for Anheuser-Busch InBev SA/NV (NYSE:BUD)

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