Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Sold by Focus Partners Wealth

Focus Partners Wealth lowered its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 10.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,041 shares of the consumer goods maker’s stock after selling 2,462 shares during the quarter. Focus Partners Wealth’s holdings in Anheuser-Busch InBev SA/NV were worth $1,109,000 as of its most recent filing with the Securities and Exchange Commission.

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

Analysts Set New Price Targets

A number of equities analysts recently weighed in on BUD shares. Berenberg Bank started coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They issued a “buy” rating on the stock. StockNews.com lowered Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a research report on Sunday. Argus upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 price objective for the company in a research report on Thursday, March 27th. The Goldman Sachs Group upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $70.10 to $88.00 in a research report on Monday, May 12th. Finally, Deutsche Bank Aktiengesellschaft upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research report on Monday, March 3rd. Two analysts have rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $71.50.

Anheuser-Busch InBev SA/NV Stock Down 0.0%

Shares of Anheuser-Busch InBev SA/NV stock opened at $67.51 on Friday. The firm has a market cap of $121.33 billion, a price-to-earnings ratio of 20.84, a P/E/G 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 has a 52-week low of $45.94 and a 52-week high of $67.60. The stock has a 50-day simple moving average of $63.74 and a 200-day simple moving average of $56.76.

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

Anheuser-Busch InBev SA/NV Increases Dividend

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

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.