Ellevest Inc. Sells 9,292 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Ellevest Inc. lessened its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 53.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,941 shares of the consumer goods maker's stock after selling 9,292 shares during the quarter. Ellevest Inc.'s holdings in Anheuser-Busch InBev SA/NV were worth $398,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. R Squared Ltd purchased a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter valued at about $30,000. Rakuten Securities Inc. boosted its holdings in Anheuser-Busch InBev SA/NV by 2,722.7% in the fourth quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker's stock worth $31,000 after purchasing an additional 599 shares during the period. Whipplewood Advisors LLC bought a new position in Anheuser-Busch InBev SA/NV in the fourth quarter worth about $36,000. Empowered Funds LLC acquired a new stake in Anheuser-Busch InBev SA/NV in the fourth quarter worth $49,000. Finally, Brooklyn Investment Group acquired a new position in Anheuser-Busch InBev SA/NV during the 4th quarter valued at about $50,000. Institutional investors and hedge funds own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Stock Performance

BUD traded up $1.03 during trading on Thursday, hitting $67.29. The stock had a trading volume of 996,593 shares, compared to its average volume of 2,438,462. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $67.55. The company has a 50 day simple moving average of $63.53 and a 200-day simple moving average of $56.76. The firm has a market cap of $120.94 billion, a PE ratio of 20.77, a P/E/G ratio of 1.73 and a beta of 0.83.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The consumer goods maker reported $0.81 EPS for the quarter, topping 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 period in the prior year, the company posted $0.75 EPS. The company's revenue for the quarter was down 6.3% on a year-over-year basis. Analysts expect 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 6th. Investors of record on Wednesday, May 7th will be paid a $1.0492 dividend. This represents a dividend yield of 1.2%. This is a positive change from Anheuser-Busch InBev SA/NV's previous annual dividend of $0.87. The ex-dividend date is Wednesday, May 7th. Anheuser-Busch InBev SA/NV's dividend payout ratio is presently 22.32%.

Analyst Ratings Changes

BUD has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research note on Monday, March 3rd. StockNews.com raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a report on Saturday, May 10th. Berenberg Bank started coverage on Anheuser-Busch InBev SA/NV in a research report on Wednesday, April 2nd. They set a "buy" rating for the company. Argus upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 price target for the company in a research report on Thursday, March 27th. Finally, The Goldman Sachs Group raised shares of 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 note on Monday. One research analyst has rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $71.50.

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.