B. Riley Wealth Advisors Inc. Reduces Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

B. Riley Wealth Advisors Inc. cut its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 55.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,241 shares of the consumer goods maker's stock after selling 5,253 shares during the quarter. B. Riley Wealth Advisors Inc.'s holdings in Anheuser-Busch InBev SA/NV were worth $212,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of BUD. Blue Trust Inc. grew its position in shares of Anheuser-Busch InBev SA/NV by 15.8% in the 4th quarter. Blue Trust Inc. now owns 3,409 shares of the consumer goods maker's stock valued at $171,000 after purchasing an additional 464 shares during the period. R Squared Ltd acquired a new position in Anheuser-Busch InBev SA/NV during the 4th quarter worth approximately $30,000. OLD National Bancorp IN boosted its position in Anheuser-Busch InBev SA/NV by 25.5% during the 4th quarter. OLD National Bancorp IN now owns 4,464 shares of the consumer goods maker's stock worth $224,000 after acquiring an additional 907 shares during the last quarter. Old North State Wealth Management LLC boosted its position in Anheuser-Busch InBev SA/NV by 33.0% during the 4th quarter. Old North State Wealth Management LLC now owns 5,465 shares of the consumer goods maker's stock worth $274,000 after acquiring an additional 1,355 shares during the last quarter. Finally, Choreo LLC boosted its position in Anheuser-Busch InBev SA/NV by 55.3% during the 4th quarter. Choreo LLC now owns 40,127 shares of the consumer goods maker's stock worth $1,998,000 after acquiring an additional 14,282 shares during the last quarter. 5.53% of the stock is owned by institutional investors.

Anheuser-Busch InBev SA/NV Trading Down 0.8%

Shares of BUD stock traded down $0.57 during mid-day trading on Thursday, reaching $70.96. 1,327,621 shares of the stock traded hands, compared to its average volume of 1,901,483. The stock's fifty day simple moving average is $65.85 and its two-hundred day simple moving average is $57.97. Anheuser-Busch InBev SA/NV has a 1-year low of $45.94 and a 1-year high of $71.94. The company has a market cap of $127.52 billion, a price-to-earnings ratio of 21.90, a price-to-earnings-growth ratio of 1.73 and a beta of 0.85. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85.

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 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%. The business's quarterly revenue was down 6.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.75 earnings per share. On average, research analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Increases Dividend

The company also recently declared an annual dividend, which will be paid on Friday, June 6th. Stockholders of record on Wednesday, May 7th will be given a dividend of $1.0492 per share. This represents a dividend yield of 1.2%. The ex-dividend date is Wednesday, May 7th. 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 is currently 24.35%.

Analyst Ratings Changes

Several equities research analysts have recently commented on BUD shares. The Goldman Sachs Group raised Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and increased their price objective for the company from $70.10 to $88.00 in a report on Monday, May 12th. Berenberg Bank began coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They issued a "buy" rating on the stock. BNP Paribas upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 30th. 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 research note on Thursday, March 27th. Finally, Wall Street Zen cut Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research note on Sunday, May 18th. Two research analysts have rated the stock with a hold rating, seven have given a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, 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 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.