Greenleaf Trust Sells 12,948 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Greenleaf Trust lowered its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 78.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,522 shares of the consumer goods maker’s stock after selling 12,948 shares during the period. Greenleaf Trust’s holdings in Anheuser-Busch InBev SA/NV were worth $228,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in BUD. DAVENPORT & Co LLC increased its position in Anheuser-Busch InBev SA/NV by 25.9% during the 4th quarter. DAVENPORT & Co LLC now owns 1,507,181 shares of the consumer goods maker’s stock valued at $97,415,000 after buying an additional 309,977 shares in the last quarter. SG Americas Securities LLC increased its position in Anheuser-Busch InBev SA/NV by 232.4% during the 4th quarter. SG Americas Securities LLC now owns 25,052 shares of the consumer goods maker’s stock valued at $1,619,000 after buying an additional 17,516 shares in the last quarter. QRG Capital Management Inc. bought a new position in Anheuser-Busch InBev SA/NV during the 3rd quarter valued at approximately $1,449,000. Allworth Financial LP increased its position in Anheuser-Busch InBev SA/NV by 11.8% during the 4th quarter. Allworth Financial LP now owns 3,538 shares of the consumer goods maker’s stock valued at $229,000 after buying an additional 373 shares in the last quarter. Finally, Savoir Faire Capital Management L.P. bought a new position in Anheuser-Busch InBev SA/NV during the 3rd quarter valued at approximately $4,790,000. Institutional investors own 5.53% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Anheuser-Busch InBev SA/NV Stock Up 0.1 %

Anheuser-Busch InBev SA/NV stock opened at $60.26 on Thursday. The firm has a market cap of $104.68 billion, a price-to-earnings ratio of 22.74, a PEG ratio of 1.80 and a beta of 1.13. Anheuser-Busch InBev SA/NV has a 12 month low of $51.66 and a 12 month high of $66.56. The company has a current ratio of 0.63, a quick ratio of 0.48 and a debt-to-equity ratio of 0.80. The stock has a fifty day simple moving average of $60.76 and a two-hundred day simple moving average of $61.01.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings results on Wednesday, February 28th. The consumer goods maker reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $0.06. The firm had revenue of $14.47 billion for the quarter, compared to the consensus estimate of $15.34 billion. Anheuser-Busch InBev SA/NV had a return on equity of 13.57% and a net margin of 8.99%. During the same period last year, the business posted $0.98 EPS. Equities analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Increases Dividend

The company also recently declared 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 is an increase from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. This represents a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, May 3rd. Anheuser-Busch InBev SA/NV’s dividend payout ratio (DPR) is 23.02%.

Anheuser-Busch InBev SA/NV Company 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.