Two Sigma Advisers LP Acquires 241,300 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Two Sigma Advisers LP lifted its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 237.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 343,102 shares of the consumer goods maker’s stock after acquiring an additional 241,300 shares during the quarter. Two Sigma Advisers LP’s holdings in Anheuser-Busch InBev SA/NV were worth $17,179,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. R Squared Ltd bought a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at about $30,000. Rakuten Securities Inc. raised its position in shares of Anheuser-Busch InBev SA/NV by 2,722.7% during the fourth quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker’s stock worth $31,000 after acquiring an additional 599 shares during the last quarter. Whipplewood Advisors LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter worth approximately $36,000. Measured Risk Portfolios Inc. bought a new stake in Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $40,000. Finally, Empowered Funds LLC bought a new stake in Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $49,000. Institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Trading Up 0.4%

NYSE BUD opened at $68.86 on Thursday. The stock has a market capitalization of $123.75 billion, a price-to-earnings ratio of 21.25, a PEG ratio of 1.73 and a beta of 0.83. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $69.05. The business’s fifty day moving average is $64.13 and its 200-day moving average is $56.97.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings results on Thursday, May 8th. The consumer goods maker reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate 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%. The business’s revenue for the quarter was down 6.3% on a year-over-year basis. During the same quarter last year, the company posted $0.75 earnings per share. Equities research analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 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 Friday, June 6th. Shareholders of record on Wednesday, May 7th will be given a $1.0492 dividend. This is an increase from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.87. This represents a yield of 1.2%. The ex-dividend date of this dividend is Wednesday, May 7th. Anheuser-Busch InBev SA/NV’s dividend payout ratio (DPR) is currently 22.32%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on BUD. StockNews.com downgraded shares of Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a research report on Sunday. The Goldman Sachs Group upgraded shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating and boosted their target price for the company from $70.10 to $88.00 in a report on Monday, May 12th. Argus raised shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 price target on the stock in a research report on Thursday, March 27th. Deutsche Bank Aktiengesellschaft upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a report on Monday, March 3rd. Finally, Berenberg Bank assumed coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They issued a “buy” rating on the stock. Two equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $71.50.

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.