Buttonwood Financial Advisors Inc. lowered its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD – Free Report) by 20.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 46,895 shares of the consumer goods maker’s stock after selling 11,784 shares during the quarter. Buttonwood Financial Advisors Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $3,003,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also modified their holdings of BUD. Bogart Wealth LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 3,800.0% during the fourth quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock worth $25,000 after acquiring an additional 380 shares during the period. Paradigm Asset Management Co. LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV during the third quarter worth $53,000. Fifth Third Bancorp grew its stake in shares of Anheuser-Busch InBev SA/NV by 251.6% during the fourth quarter. Fifth Third Bancorp now owns 865 shares of the consumer goods maker’s stock worth $55,000 after purchasing an additional 619 shares in the last quarter. Ameriflex Group Inc. grew its stake in shares of Anheuser-Busch InBev SA/NV by 975.2% during the third quarter. Ameriflex Group Inc. now owns 1,258 shares of the consumer goods maker’s stock worth $75,000 after purchasing an additional 1,141 shares in the last quarter. Finally, Laurel Wealth Advisors LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV during the fourth quarter worth $88,000. Hedge funds and other institutional investors own 5.53% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities analysts recently commented on BUD shares. SBG Securities downgraded shares of Anheuser-Busch InBev SA/NV to a “hold” rating in a research note on Monday, March 2nd. JPMorgan Chase & Co. boosted their target price on shares of Anheuser-Busch InBev SA/NV from $84.00 to $93.83 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Berenberg Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, May 6th. The Goldman Sachs Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, May 7th. Finally, DZ Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Anheuser-Busch InBev SA/NV has a consensus rating of “Moderate Buy” and a consensus price target of $93.42.
Anheuser-Busch InBev SA/NV Stock Performance
NYSE BUD opened at $79.82 on Wednesday. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.72 and a quick ratio of 0.57. Anheuser-Busch InBev SA/NV has a 1 year low of $56.97 and a 1 year high of $82.91. The company has a market capitalization of $155.70 billion, a PE ratio of 21.81, a P/E/G ratio of 1.32 and a beta of 0.57. The company has a fifty day moving average of $73.54 and a two-hundred day moving average of $69.40.
Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Free Report) last released its quarterly earnings data on Tuesday, March 31st. The consumer goods maker reported $0.97 earnings per share (EPS) for the quarter. Anheuser-Busch InBev SA/NV had a net margin of 11.90% and a return on equity of 12.26%. The company had revenue of $15.27 billion during the quarter. As a group, analysts expect that Anheuser-Busch InBev SA/NV will post 4.26 earnings per share for the current year.
Anheuser-Busch InBev SA/NV Announces Dividend
The business also recently disclosed a dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 8th will be paid a $1.1735 dividend. This represents a yield of 294.0%. The ex-dividend date is Friday, May 8th. Anheuser-Busch InBev SA/NV’s dividend payout ratio is currently 38.52%.
Anheuser-Busch InBev SA/NV Profile
Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.
AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.
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