Wealth Enhancement Advisory Services LLC Sells 4,326 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

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

Other hedge funds have also recently bought and sold shares of the company. Callan Capital LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 2.2% in the fourth quarter. Callan Capital LLC now owns 10,607 shares of the consumer goods maker's stock valued at $531,000 after buying an additional 229 shares in the last quarter. Moors & Cabot Inc. increased its stake in shares of Anheuser-Busch InBev SA/NV by 4.6% in the fourth quarter. Moors & Cabot Inc. now owns 5,329 shares of the consumer goods maker's stock valued at $267,000 after buying an additional 234 shares in the last quarter. Farther Finance Advisors LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 25.7% in the fourth quarter. Farther Finance Advisors LLC now owns 1,298 shares of the consumer goods maker's stock valued at $65,000 after buying an additional 265 shares in the last quarter. Balanced Rock Investment Advisors LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 4.4% in the fourth quarter. Balanced Rock Investment Advisors LLC now owns 8,560 shares of the consumer goods maker's stock valued at $429,000 after buying an additional 361 shares in the last quarter. Finally, Beacon Pointe Advisors LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 0.9% in the fourth quarter. Beacon Pointe Advisors LLC now owns 47,733 shares of the consumer goods maker's stock valued at $2,390,000 after buying an additional 433 shares in the last quarter. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Trading Down 1.0%

BUD traded down $0.68 during midday trading on Tuesday, reaching $70.33. 2,520,246 shares of the company were exchanged, compared to its average volume of 1,914,322. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $71.94. The stock has a market capitalization of $126.40 billion, a P/E ratio of 21.71, a PEG ratio of 1.73 and a beta of 0.85. The stock's 50-day simple moving average is $66.36 and its 200 day simple moving average is $58.32.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last issued its earnings results on Thursday, May 8th. The consumer goods maker reported $0.81 earnings per share (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 15.29% and a net margin of 10.98%. During the same quarter in the previous year, the company earned $0.75 EPS. The business's revenue for the quarter was down 6.3% compared to the same quarter last year. As a group, analysts forecast 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 business also recently announced an annual dividend, which was paid on Friday, June 6th. Shareholders of record on Wednesday, May 7th were issued a dividend of $1.0492 per share. The ex-dividend date of this dividend was Wednesday, May 7th. This represents a yield of 1.2%. This is a boost from Anheuser-Busch InBev SA/NV's previous annual dividend of $0.87. Anheuser-Busch InBev SA/NV's dividend payout ratio (DPR) is 24.35%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. The Goldman Sachs Group upgraded Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and raised their price target for the company from $70.10 to $88.00 in a report on Monday, May 12th. Berenberg Bank assumed coverage on Anheuser-Busch InBev SA/NV in a report on Wednesday, April 2nd. They issued a "buy" rating on the stock. Argus upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 price target on the stock in a report on Thursday, March 27th. Deutsche Bank Aktiengesellschaft upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a report on Monday, March 3rd. Finally, BNP Paribas upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a report on Friday, May 30th. Two analysts have rated the stock with a hold rating, seven have issued a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, Anheuser-Busch InBev SA/NV currently has a consensus rating of "Buy" and an average target price of $71.50.

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.