Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lowered its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 10.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,519 shares of the consumer goods maker's stock after selling 4,326 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in Anheuser-Busch InBev SA/NV were worth $1,778,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Rakuten Securities Inc. increased its position in shares of 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 acquiring an additional 599 shares in the last quarter. Whipplewood Advisors LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter worth approximately $36,000. Measured Risk Portfolios Inc. purchased a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter worth approximately $40,000. Empowered Funds LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter worth approximately $49,000. Finally, Hurley Capital LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter worth approximately $49,000. Institutional investors and hedge funds own 5.53% of the company's stock.

Analyst Ratings Changes

BUD has been the topic of several analyst reports. Wall Street Zen downgraded shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research report on Sunday, May 18th. BNP Paribas upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a report on Friday, May 30th. Argus upgraded shares of 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 report on Thursday, March 27th. 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. Finally, The Goldman Sachs Group upgraded shares of Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and raised their price target for the stock from $70.10 to $88.00 in a report on Monday, May 12th. Two equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $71.50.

Anheuser-Busch InBev SA/NV Price Performance

NYSE BUD opened at $70.98 on Friday. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. The stock has a market capitalization of $127.57 billion, a PE ratio of 21.91, a price-to-earnings-growth ratio of 1.73 and a beta of 0.85. The company has a 50 day moving average price of $66.04 and a two-hundred day moving average price of $58.07. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $71.94.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last posted its earnings results on Thursday, May 8th. The consumer goods maker reported $0.81 earnings per share (EPS) for the quarter, beating 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%. Anheuser-Busch InBev SA/NV's quarterly revenue was down 6.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.75 earnings per share. As a group, equities analysts predict 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 company also recently declared an annual dividend, which was paid on Friday, June 6th. Stockholders of record on Wednesday, May 7th were given a $1.0492 dividend. This is a positive change from Anheuser-Busch InBev SA/NV's previous annual dividend of $0.87. The ex-dividend date of this dividend was Wednesday, May 7th. This represents a dividend yield of 1.2%. Anheuser-Busch InBev SA/NV's dividend payout ratio (DPR) is currently 24.35%.

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.

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