Douglas Lane & Associates LLC Cuts Stock Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Douglas Lane & Associates LLC decreased its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 7.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,030,855 shares of the consumer goods maker's stock after selling 83,747 shares during the period. Douglas Lane & Associates LLC owned approximately 0.06% of Anheuser-Busch InBev SA/NV worth $63,459,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of BUD. Dodge & Cox raised its position in shares of 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 valued at $2,002,641,000 after buying an additional 8,670,940 shares in the last quarter. The Manufacturers Life Insurance Company boosted its stake in Anheuser-Busch InBev SA/NV by 7.2% in the fourth quarter. The Manufacturers Life Insurance Company now owns 7,569,492 shares of the consumer goods maker's stock valued at $379,004,000 after buying an additional 505,206 shares in the last quarter. Capital International Investors boosted its stake in shares of Anheuser-Busch InBev SA/NV by 5.5% in the 4th quarter. Capital International Investors now owns 2,594,619 shares of the consumer goods maker's stock valued at $129,201,000 after purchasing an additional 134,243 shares in the last quarter. Clarkston Capital Partners LLC increased its position in Anheuser-Busch InBev SA/NV by 30.3% during the 4th quarter. Clarkston Capital Partners LLC now owns 1,493,842 shares of the consumer goods maker's stock worth $74,797,000 after purchasing an additional 347,000 shares in the last quarter. Finally, Artisan Partners Limited Partnership bought a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at $56,849,000. 5.53% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

BUD has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a report on Monday, March 3rd. The Goldman Sachs Group upgraded shares of Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and boosted their target price for the company from $70.10 to $88.00 in a research report on Monday, May 12th. BNP Paribas raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 30th. Berenberg Bank began coverage on Anheuser-Busch InBev SA/NV in a report on Wednesday, April 2nd. They issued a "buy" rating on the stock. Finally, Argus raised 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. Two investment 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 stock. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV presently has a consensus rating of "Buy" and a consensus target price of $71.50.

Anheuser-Busch InBev SA/NV Trading Up 1.3%

NYSE:BUD traded up $0.91 during mid-day trading on Wednesday, reaching $71.57. 1,928,741 shares of the company's stock traded hands, compared to its average volume of 1,896,458. The company has a 50 day moving average price of $65.47 and a 200-day moving average price of $57.78. The firm has a market capitalization of $128.63 billion, a price-to-earnings ratio of 22.09, a PEG ratio of 1.73 and a beta of 0.83. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $72.02.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last issued its quarterly earnings data 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%. During the same quarter in the prior year, the company posted $0.75 EPS. The company's revenue was down 6.3% compared to the same quarter last year. On average, sell-side analysts predict 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 announced an annual dividend, which will be paid on Friday, June 6th. Shareholders of record on Wednesday, May 7th will be paid a dividend of $1.0492 per share. This is an increase from Anheuser-Busch InBev SA/NV's previous annual dividend of $0.87. The ex-dividend date is Wednesday, May 7th. This represents a dividend yield of 1.2%. Anheuser-Busch InBev SA/NV's dividend payout ratio (DPR) is currently 22.32%.

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.