Capital Square LLC has announced its recent acquisition of shares in Belgian multinational beverage company Anheuser-Busch InBev SA/NV, according to the institution’s latest disclosures filed with the Securities and Exchange Commission. The acquisition constitutes a previously undisclosed position of 4,290 shares valued at around $258,000.
Anheuser-Busch InBev is widely recognized for its production and distribution of alcoholic and non-alcoholic beverages across six geographic segments: North America, Middle Americas, South America, EMEA, Asia Pacific, and Global Export and Holding Companies.
On Friday afternoon trading on May 22, 2023, shares of BUD traded up by just over $0.60 per share to reach a total value of $59.47 per share. Over a million-and-a-quarter shares changed hands in the course of the trading day which is almost two-thirds less than the daily average volume traded since January 1st this year.
In summary; however, it should be noted that while more precise data must still be evaluated against sector benchmarks before reaching any definitive conclusions regarding Capital Square LLc’s most recent acquisition activity; early indications suggest that this could signal new interest emanating from institutional investors seeking advantageous positions within this space.
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Investment Firms See Shifts in Positions Among Investors in Anheuser-Busch InBev SA/NV
Anheuser-Busch InBev SA/NV, one of the world’s largest alcoholic and non-alcoholic beverage manufacturers and distributors, has recently seen shifts in its positions among large investors. Dynamo Administracao de Recursos Ltda. increased its ownership in Anheuser-Busch InBev SA/NV by 37.8% during the third quarter, boosting its position in shares to over four million and becoming worth $222,497,000 after purchasing additional shares. Likewise, UBS Group AG experienced an 87.3% increase in its stake value in the consumer goods maker’s stock. Connor Clark & Lunn Investment Management Ltd., Royal Bank of Canada and Douglas Lane & Associates LLC also saw boosts in their positions. Institutional investors now have a sizable 5.53% ownership of the company’s stocks.
Investment research firms such as StockNews.com and HSBC have issued ratings on Anheuser-Busch InBev SA/NV as well. StockNews.com downgraded the stock from ‘strong-buy’ to ‘buy’ on May 12th while HSBC lowered its rating from ‘buy’ to ‘hold’ on May 10th. Two equities research analysts gave it a sell rating, four rated it as hold and six rated it as buy – Bloomberg reports that the average target price for the stock is $64.70.
The last time Anheuser-Busch InBev SA/NV reported quarterly earnings was March 2nd of this year when it posted a net margin of 12.78% alongside revenue of $14.67 billion during the quarter instead of predicted estimates of $15.19 billion with earnings per share (EPS) at $0.98 compared to expectations of only $0.72-per-share – representing a significant boost in performance for shareholders.
Anheuser-Busch InBev SA/NV has also announced an annual dividend which will be paid on June 8th and issued a dividend of $0.611 per share to investors of record on May 4th – amounting to a dividend yield of 0.95%. The ex-dividend date was May 3rd, and the new dividend payment increased from the previous year’s $0.41-an-share rate. Currently, Anheuser-Busch InBev SA/NV’s payout ratio stands at 16.40%.
