Fairview Capital Investment Management LLC Cuts Stake in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Fairview Capital Investment Management LLC decreased its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 19.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 165,829 shares of the consumer goods maker's stock after selling 40,235 shares during the period. Fairview Capital Investment Management LLC's holdings in Anheuser-Busch InBev SA/NV were worth $8,303,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Dodge & Cox increased its stake in Anheuser-Busch InBev SA/NV by 27.7% in the 4th quarter. Dodge & Cox now owns 39,996,830 shares of the consumer goods maker's stock worth $2,002,641,000 after buying an additional 8,670,940 shares in the last quarter. Artisan Partners Limited Partnership purchased a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter worth $56,849,000. Raymond James Financial Inc. purchased a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter worth $37,311,000. Alberta Investment Management Corp purchased a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter worth $28,540,000. Finally, The Manufacturers Life Insurance Company increased its stake in Anheuser-Busch InBev SA/NV by 7.2% in the 4th quarter. The Manufacturers Life Insurance Company now owns 7,569,492 shares of the consumer goods maker's stock worth $379,004,000 after buying an additional 505,206 shares in the last quarter. Institutional investors own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Stock Performance

BUD traded up $0.30 on Friday, reaching $67.30. The stock had a trading volume of 2,603,701 shares, compared to its average volume of 1,869,358. 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 current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The business's 50-day moving average price is $63.33 and its two-hundred day moving average price is $56.61. The company has a market cap of $120.95 billion, a P/E ratio of 20.77, a price-to-earnings-growth ratio of 1.73 and a beta of 0.83.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last released its 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 net margin of 10.98% and a return on equity of 15.29%. The firm's quarterly revenue was down 6.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.75 earnings per share. Sell-side analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Anheuser-Busch InBev SA/NV Increases Dividend

The firm also recently declared an annual dividend, which will be paid on Friday, June 6th. Investors of record on Wednesday, May 7th will be given a dividend of $1.0492 per share. The ex-dividend date is Wednesday, May 7th. 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%. Anheuser-Busch InBev SA/NV's payout ratio is presently 22.32%.

Wall Street Analyst Weigh In

Several research analysts have commented on BUD shares. Berenberg Bank started coverage on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, April 2nd. They set a "buy" rating for the company. Argus raised shares of 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 report on Thursday, March 27th. Deutsche Bank Aktiengesellschaft raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a report on Monday, March 3rd. Finally, StockNews.com raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a report on Saturday. One research analyst has rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV presently has a consensus rating of "Buy" and an average price target of $66.00.

About Anheuser-Busch InBev SA/NV

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.