Cumberland Partners Ltd Takes Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Cumberland Partners Ltd purchased a new position in Anheuser-Busch InBev SA/NV (NYSE:BUD) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 7,000 shares of the consumer goods maker’s stock, valued at approximately $452,000.

Several other institutional investors have also bought and sold shares of the company. CWM LLC lifted its position in shares of Anheuser-Busch InBev SA/NV by 32.1% during the 3rd quarter. CWM LLC now owns 4,029 shares of the consumer goods maker’s stock valued at $223,000 after buying an additional 978 shares during the last quarter. Global Retirement Partners LLC raised its stake in Anheuser-Busch InBev SA/NV by 87.5% in the 3rd quarter. Global Retirement Partners LLC now owns 2,093 shares of the consumer goods maker’s stock valued at $111,000 after acquiring an additional 977 shares during the period. Meridian Wealth Management LLC lifted its holdings in Anheuser-Busch InBev SA/NV by 4.2% during the third quarter. Meridian Wealth Management LLC now owns 5,014 shares of the consumer goods maker’s stock valued at $277,000 after purchasing an additional 201 shares during the last quarter. Caprock Group LLC boosted its position in Anheuser-Busch InBev SA/NV by 19.1% during the third quarter. Caprock Group LLC now owns 13,466 shares of the consumer goods maker’s stock worth $745,000 after purchasing an additional 2,160 shares during the period. Finally, Roof Eidam Maycock Peralta LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 5.9% in the third quarter. Roof Eidam Maycock Peralta LLC now owns 4,790 shares of the consumer goods maker’s stock worth $265,000 after purchasing an additional 265 shares in the last quarter. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Jefferies Financial Group upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and upped their price target for the company from $60.00 to $76.00 in a research note on Wednesday, January 10th. TD Cowen cut their price target on Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an “outperform” rating for the company in a report on Tuesday, March 5th. Finally, BNP Paribas lowered Anheuser-Busch InBev SA/NV from an “outperform” rating to a “neutral” rating in a research note on Friday, January 12th. Four equities research 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 stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $71.70.

Anheuser-Busch InBev SA/NV Price Performance

Shares of NYSE:BUD traded up $0.05 on Wednesday, hitting $60.23. The company’s stock had a trading volume of 884,057 shares, compared to its average volume of 2,071,197. The company has a market capitalization of $104.63 billion, a PE ratio of 22.71, a PEG ratio of 1.80 and a beta of 1.13. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.63 and a quick ratio of 0.48. The company has a 50-day simple moving average of $60.80 and a 200 day simple moving average of $61.01. Anheuser-Busch InBev SA/NV has a 1 year low of $51.66 and a 1 year high of $66.56.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its earnings results on Wednesday, February 28th. The consumer goods maker reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.76 by $0.06. Anheuser-Busch InBev SA/NV had a net margin of 8.99% and a return on equity of 13.57%. The business had revenue of $14.47 billion for the quarter, compared to the consensus estimate of $15.34 billion. During the same period last year, the firm posted $0.98 earnings per share. Sell-side analysts forecast 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. Stockholders of record on Monday, May 6th will be issued a dividend of $0.8722 per share. This is an increase from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. This represents a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, May 3rd. Anheuser-Busch InBev SA/NV’s payout ratio is currently 23.02%.

Anheuser-Busch InBev SA/NV Company 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.