Brown Lisle Cummings Inc. Lowers Stock Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Brown Lisle Cummings Inc. cut its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 34.6% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,585 shares of the consumer goods maker’s stock after selling 840 shares during the period. Brown Lisle Cummings Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $98,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. B&D White Capital Company LLC purchased a new position in Anheuser-Busch InBev SA/NV in the fourth quarter valued at about $290,000. Clarkston Capital Partners LLC boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 30.3% in the 4th quarter. Clarkston Capital Partners LLC now owns 1,493,842 shares of the consumer goods maker’s stock valued at $74,797,000 after buying an additional 347,000 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at about $37,311,000. Virtu Financial LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter worth approximately $2,378,000. Finally, Merit Financial Group LLC raised its stake in shares of Anheuser-Busch InBev SA/NV by 31.7% during the 1st quarter. Merit Financial Group LLC now owns 14,635 shares of the consumer goods maker’s stock worth $901,000 after acquiring an additional 3,526 shares in the last quarter. 5.53% of the stock is owned by hedge funds and other institutional investors.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD opened at $71.39 on Tuesday. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.70 and a quick ratio of 0.54. The company’s fifty day moving average price is $68.24 and its 200-day moving average price is $59.44. Anheuser-Busch InBev SA/NV has a 1-year low of $45.94 and a 1-year high of $72.13. The firm has a market capitalization of $128.30 billion, a PE ratio of 20.69, a price-to-earnings-growth ratio of 2.10 and a beta of 0.85.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings results on Thursday, May 8th. The consumer goods maker reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.77 by $0.04. Anheuser-Busch InBev SA/NV had a return on equity of 16.09% and a net margin of 11.74%. The company’s revenue was down 6.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.75 earnings per share. On average, equities research 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 was paid on Friday, June 6th. Investors of record on Wednesday, May 7th were given a $1.0492 dividend. The ex-dividend date was Wednesday, May 7th. This represents a yield of 1.2%. This is a positive change from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.87. Anheuser-Busch InBev SA/NV’s dividend payout ratio is currently 24.64%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on BUD shares. The Goldman Sachs Group upgraded shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating and raised their target price for the company from $70.10 to $88.00 in a research note on Monday, May 12th. Wall Street Zen lowered Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a report on Sunday, May 18th. Deutsche Bank Aktiengesellschaft raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research report on Monday, March 3rd. Argus raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 target price on the stock in a research report on Thursday, March 27th. Finally, Berenberg Bank initiated coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They issued a “buy” rating for the company. Two investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $71.50.

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.