Dynamo Internacional Gestao DE Recursos LTDA. Raises Stake in Anheuser Busch Inbev NV (BUD)

Dynamo Internacional Gestao DE Recursos LTDA. increased its stake in Anheuser Busch Inbev NV (NYSE:BUD) by 1,372.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 85,541 shares of the consumer goods maker’s stock after buying an additional 79,733 shares during the period. Anheuser Busch Inbev NV makes up 1.3% of Dynamo Internacional Gestao DE Recursos LTDA.’s portfolio, making the stock its 9th largest position. Dynamo Internacional Gestao DE Recursos LTDA.’s holdings in Anheuser Busch Inbev NV were worth $9,273,000 as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. Franklin Resources Inc. raised its stake in Anheuser Busch Inbev NV by 54.8% in the fourth quarter. Franklin Resources Inc. now owns 8,421,416 shares of the consumer goods maker’s stock valued at $887,954,000 after buying an additional 2,982,684 shares during the period. Fisher Asset Management LLC raised its stake in Anheuser Busch Inbev NV by 0.6% in the first quarter. Fisher Asset Management LLC now owns 5,650,020 shares of the consumer goods maker’s stock valued at $620,146,000 after buying an additional 35,895 shares during the period. Morgan Stanley raised its stake in Anheuser Busch Inbev NV by 51.0% in the first quarter. Morgan Stanley now owns 3,892,315 shares of the consumer goods maker’s stock valued at $427,221,000 after buying an additional 1,315,414 shares during the period. First Manhattan Co. raised its stake in Anheuser Busch Inbev NV by 2.6% in the first quarter. First Manhattan Co. now owns 2,488,314 shares of the consumer goods maker’s stock valued at $326,989,000 after buying an additional 62,109 shares during the period. Finally, FMR LLC raised its stake in Anheuser Busch Inbev NV by 43.3% in the fourth quarter. FMR LLC now owns 1,203,377 shares of the consumer goods maker’s stock valued at $126,884,000 after buying an additional 363,391 shares during the period.

Institutional Ownership by Quarter for Anheuser Busch Inbev NV (NYSE:BUD)

Anheuser Busch Inbev NV (BUD) traded up 0.13% during trading on Tuesday, reaching $114.30. The company’s stock had a trading volume of 787,884 shares. The company has a market cap of $221.02 billion and a PE ratio of 83.49. Anheuser Busch Inbev NV has a 52-week low of $98.28 and a 52-week high of $136.08. The stock has a 50-day moving average price of $116.93 and a 200 day moving average price of $109.80.

The business also recently announced a semiannual dividend, which was paid on Thursday, May 25th. Stockholders of record on Wednesday, May 3rd were paid a $2.12 dividend. This represents a dividend yield of 3.89%. The ex-dividend date was Monday, May 1st.

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BUD has been the topic of several research analyst reports. Vetr lowered Anheuser Busch Inbev NV from a “buy” rating to a “hold” rating and set a $109.86 price objective on the stock. in a research note on Tuesday, March 7th. Bank of America Corporation lowered Anheuser Busch Inbev NV from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $120.00 to $115.00 in a research note on Thursday, March 2nd. Zacks Investment Research lowered Anheuser Busch Inbev NV from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 10th. Susquehanna Bancshares Inc reaffirmed a “neutral” rating and issued a $101.00 price objective (down from $109.00) on shares of Anheuser Busch Inbev NV in a research note on Wednesday, April 26th. Finally, Jefferies Group LLC set a $120.00 price objective on Anheuser Busch Inbev NV and gave the company a “buy” rating in a research note on Friday, March 3rd. Four investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and ten have given a buy rating to the company. Anheuser Busch Inbev NV currently has a consensus rating of “Hold” and a consensus target price of $120.96.

About Anheuser Busch Inbev NV

Anheuser Busch Inbev NV (AB InBev) is a Belgium-based company engaged in the brewers industry. The Company owns a portfolio of over 200 beer brands. The Company’s brand portfolio includes global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck’s, Leffe and Hoegaarden, and local champions, such as Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass and Jupiler.

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