Short Interest in Anheuser-Busch InBev SA/NV (NYSE:BUD) Declines By 10.2%

Anheuser-Busch InBev SA/NV (NYSE:BUD) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totalling 2,390,000 shares, a decrease of 10.2% from the May 31st total of 2,660,000 shares. Based on an average daily volume of 1,630,000 shares, the days-to-cover ratio is presently 1.5 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Lake Street Advisors Group LLC raised its holdings in Anheuser-Busch InBev SA/NV by 1.8% during the first quarter. Lake Street Advisors Group LLC now owns 10,268 shares of the consumer goods maker’s stock worth $624,000 after buying an additional 186 shares during the last quarter. CHICAGO TRUST Co NA raised its holdings in shares of Anheuser-Busch InBev SA/NV by 1.9% in the first quarter. CHICAGO TRUST Co NA now owns 10,579 shares of the consumer goods maker’s stock valued at $643,000 after purchasing an additional 196 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Anheuser-Busch InBev SA/NV by 20.6% in the second quarter. GAMMA Investing LLC now owns 1,151 shares of the consumer goods maker’s stock valued at $67,000 after purchasing an additional 197 shares during the last quarter. Pflug Koory LLC raised its holdings in shares of Anheuser-Busch InBev SA/NV by 14.0% in the fourth quarter. Pflug Koory LLC now owns 1,621 shares of the consumer goods maker’s stock valued at $105,000 after purchasing an additional 199 shares during the last quarter. Finally, Hazlett Burt & Watson Inc. raised its holdings in shares of Anheuser-Busch InBev SA/NV by 6.0% in the first quarter. Hazlett Burt & Watson Inc. now owns 3,523 shares of the consumer goods maker’s stock valued at $214,000 after purchasing an additional 200 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 2.4 %

NYSE BUD traded up $1.40 on Wednesday, hitting $60.06. 1,537,585 shares of the company were exchanged, compared to its average volume of 1,877,101. The company has a market cap of $107.94 billion, a PE ratio of 25.19, a PEG ratio of 1.36 and a beta of 1.10. Anheuser-Busch InBev SA/NV has a 12 month low of $51.66 and a 12 month high of $67.49. The stock has a fifty day moving average of $61.83 and a 200-day moving average of $62.05. 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 released its quarterly earnings data on Wednesday, May 8th. The consumer goods maker reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.06. Anheuser-Busch InBev SA/NV had a net margin of 8.03% and a return on equity of 14.01%. The firm had revenue of $14.55 billion for the quarter, compared to the consensus estimate of $14.43 billion. During the same quarter in the prior year, the company posted $0.65 earnings per share. The business’s revenue was up 2.3% on a year-over-year basis. As a group, analysts forecast that Anheuser-Busch InBev SA/NV will post 3.41 earnings per share for the current year.

Anheuser-Busch InBev SA/NV Increases Dividend

The firm also recently disclosed an annual dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, May 6th were 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. The ex-dividend date of this dividend was Friday, May 3rd. This represents a yield of 1.1%. Anheuser-Busch InBev SA/NV’s dividend payout ratio is presently 27.31%.

Analysts Set New Price Targets

A number of research firms recently issued reports on BUD. UBS Group upgraded shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Monday, June 24th. TD Cowen decreased their price target on shares of Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an “outperform” rating for the company in a research report on Tuesday, March 5th. Finally, Morgan Stanley decreased their price target on shares of Anheuser-Busch InBev SA/NV from $70.00 to $68.50 and set an “overweight” rating for the company in a research report on Tuesday. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $72.13.

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.