Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Sold by Bank of America Corp DE

Bank of America Corp DE decreased its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 8.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,619,330 shares of the consumer goods maker’s stock after selling 154,010 shares during the period. Bank of America Corp DE owned approximately 0.09% of Anheuser-Busch InBev SA/NV worth $81,080,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of BUD. R Squared Ltd acquired a new position in Anheuser-Busch InBev SA/NV during the 4th quarter valued at about $30,000. Rakuten Securities Inc. increased its stake in Anheuser-Busch InBev SA/NV by 2,722.7% during the 4th quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker’s stock valued at $31,000 after buying an additional 599 shares during the period. Whipplewood Advisors LLC acquired a new position in Anheuser-Busch InBev SA/NV during the 4th quarter valued at about $36,000. Empowered Funds LLC acquired a new position in Anheuser-Busch InBev SA/NV during the 4th quarter valued at about $49,000. Finally, Hurley Capital LLC acquired a new position in Anheuser-Busch InBev SA/NV during the 4th quarter valued at about $49,000. Institutional investors and hedge funds own 5.53% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on BUD shares. StockNews.com raised shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research note on Saturday. Deutsche Bank Aktiengesellschaft raised shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research note on Monday, March 3rd. Berenberg Bank assumed coverage on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They issued a “buy” rating on the stock. Finally, Argus raised shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 price objective on the stock in a research note on Thursday, March 27th. One equities research analyst has rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $66.00.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD opened at $67.30 on Monday. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $67.55. The company has a 50-day moving average of $63.33 and a two-hundred day moving average of $56.61. The stock has a market cap of $120.95 billion, a price-to-earnings ratio of 20.77, a PEG ratio of 1.73 and a beta of 0.83. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its earnings results on Thursday, May 8th. The consumer goods maker reported $0.81 EPS for the quarter, topping the consensus estimate of $0.77 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. During the same period in the previous year, the business earned $0.75 earnings per share. The business’s quarterly revenue was down 6.3% on a year-over-year basis. On average, equities research analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Anheuser-Busch InBev SA/NV Increases Dividend

The company also recently announced an annual dividend, which will be paid on Friday, June 6th. Shareholders of record on Wednesday, May 7th will be issued a $1.0492 dividend. This represents a dividend yield of 1.2%. This is a boost from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.87. The ex-dividend date is Wednesday, May 7th. Anheuser-Busch InBev SA/NV’s dividend payout ratio (DPR) is presently 22.32%.

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.