Vestmark Advisory Solutions Inc. Trims Stake in Anheuser-Busch InBev SA/NV $BUD

Vestmark Advisory Solutions Inc. lowered its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 28.0% in the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 30,802 shares of the consumer goods maker’s stock after selling 11,956 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $2,117,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. NewSquare Capital LLC raised its holdings in Anheuser-Busch InBev SA/NV by 602.7% in the second quarter. NewSquare Capital LLC now owns 527 shares of the consumer goods maker’s stock worth $36,000 after purchasing an additional 452 shares in the last quarter. Westside Investment Management Inc. grew its position in shares of Anheuser-Busch InBev SA/NV by 51.6% in the 2nd quarter. Westside Investment Management Inc. now owns 758 shares of the consumer goods maker’s stock worth $52,000 after buying an additional 258 shares during the period. Whipplewood Advisors LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 55.2% in the 2nd quarter. Whipplewood Advisors LLC now owns 841 shares of the consumer goods maker’s stock worth $58,000 after acquiring an additional 299 shares in the last quarter. Larson Financial Group LLC lifted its position in Anheuser-Busch InBev SA/NV by 65.1% during the 1st quarter. Larson Financial Group LLC now owns 964 shares of the consumer goods maker’s stock valued at $59,000 after acquiring an additional 380 shares during the period. Finally, Reyes Financial Architecture Inc. bought a new stake in Anheuser-Busch InBev SA/NV during the second quarter worth about $59,000. 5.53% of the stock is currently owned by institutional investors.

Anheuser-Busch InBev SA/NV Price Performance

NYSE BUD opened at $63.30 on Monday. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $72.13. The stock has a 50-day moving average of $60.24 and a 200 day moving average of $64.53. The company has a market capitalization of $123.61 billion, a price-to-earnings ratio of 17.78, a PEG ratio of 1.75 and a beta of 0.76. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.48 and a current ratio of 0.64.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its earnings results on Thursday, October 30th. The consumer goods maker reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.02. Anheuser-Busch InBev SA/NV had a net margin of 12.16% and a return on equity of 16.21%. The firm’s revenue for the quarter was up .6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.98 EPS. On average, sell-side analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Anheuser-Busch InBev SA/NV Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Wednesday, December 17th. Investors of record on Wednesday, November 19th will be given a dividend of $0.1722 per share. The ex-dividend date is Wednesday, November 19th. This represents a yield of 55.0%. Anheuser-Busch InBev SA/NV’s dividend payout ratio is 27.45%.

Analyst Ratings Changes

A number of brokerages have weighed in on BUD. Morningstar raised shares of Anheuser-Busch InBev SA/NV to a “buy” rating in a research note on Thursday, September 18th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, October 31st. Weiss Ratings reissued a “hold (c-)” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, October 8th. Royal Bank Of Canada reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, October 30th. Finally, DZ Bank reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $71.00.

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.