Motley Fool Wealth Management LLC Decreases Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Motley Fool Wealth Management LLC lessened its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 1.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 71,078 shares of the consumer goods maker’s stock after selling 1,358 shares during the quarter. Motley Fool Wealth Management LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $4,590,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Anchor Investment Management LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at about $26,000. Naples Money Management LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at about $30,000. GPS Wealth Strategies Group LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 448.2% in the third quarter. GPS Wealth Strategies Group LLC now owns 603 shares of the consumer goods maker’s stock valued at $33,000 after acquiring an additional 493 shares during the period. Cary Street Partners Investment Advisory LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 125.4% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 629 shares of the consumer goods maker’s stock valued at $35,000 after acquiring an additional 350 shares during the period. Finally, Janiczek Wealth Management LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 111.0% in the fourth quarter. Janiczek Wealth Management LLC now owns 882 shares of the consumer goods maker’s stock valued at $57,000 after acquiring an additional 464 shares during the period. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on BUD. Jefferies Financial Group upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and boosted their price objective for the company from $60.00 to $76.00 in a research report on Wednesday, January 10th. BNP Paribas lowered shares of Anheuser-Busch InBev SA/NV from an “outperform” rating to a “neutral” rating in a research note on Friday, January 12th. Finally, TD Cowen cut their target price on shares of Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 5th. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Anheuser-Busch InBev SA/NV has an average rating of “Moderate Buy” and an average price target of $71.70.

Anheuser-Busch InBev SA/NV Stock Up 0.1 %

NYSE:BUD traded up $0.07 during mid-day trading on Friday, hitting $60.01. 1,159,616 shares of the company’s stock were exchanged, compared to its average volume of 1,684,046. Anheuser-Busch InBev SA/NV has a one year low of $51.66 and a one year high of $66.32. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.63 and a quick ratio of 0.48. The business has a fifty day moving average price of $60.65 and a 200 day moving average price of $61.05. The company has a market cap of $104.25 billion, a PE ratio of 22.65, a P/E/G ratio of 1.81 and a beta of 1.13.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings data on Wednesday, February 28th. The consumer goods maker reported $0.82 EPS for the quarter, topping the consensus estimate of $0.76 by $0.06. The business had revenue of $14.47 billion for the quarter, compared to analyst estimates of $15.34 billion. Anheuser-Busch InBev SA/NV had a net margin of 8.99% and a return on equity of 13.57%. During the same quarter in the previous year, the firm posted $0.98 earnings per share. Equities analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS 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 7th. Stockholders of record on Monday, May 6th will be paid a $0.8722 dividend. This represents a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, May 3rd. This is an increase from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. Anheuser-Busch InBev SA/NV’s dividend payout ratio is currently 24.15%.

Anheuser-Busch InBev SA/NV Profile

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.