Continuum Advisory LLC Sells 4,663 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Continuum Advisory LLC cut its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 38.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,333 shares of the consumer goods maker's stock after selling 4,663 shares during the period. Continuum Advisory LLC's holdings in Anheuser-Busch InBev SA/NV were worth $367,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Dodge & Cox grew its stake in shares of Anheuser-Busch InBev SA/NV by 27.7% in the fourth quarter. Dodge & Cox now owns 39,996,830 shares of the consumer goods maker's stock worth $2,002,641,000 after purchasing an additional 8,670,940 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings 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 purchasing an additional 505,206 shares in the last quarter. Capital International Investors raised its holdings in 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 worth $129,201,000 after purchasing an additional 134,243 shares in the last quarter. Clarkston Capital Partners LLC lifted its position in shares of Anheuser-Busch InBev SA/NV by 30.3% in 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 during the period. Finally, Artisan Partners Limited Partnership bought a new stake in Anheuser-Busch InBev SA/NV during the 4th quarter valued at approximately $56,849,000. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD stock traded down $0.27 during trading hours on Wednesday, reaching $69.90. The company had a trading volume of 782,314 shares, compared to its average volume of 1,878,484. The firm has a market cap of $125.62 billion, a PE ratio of 21.57, a price-to-earnings-growth ratio of 1.73 and a beta of 0.83. The business has a fifty day moving average price of $64.61 and a 200-day moving average price of $57.28. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $70.72. 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 (NYSE:BUD - Get Free Report) last announced its earnings results on Thursday, May 8th. The consumer goods maker reported $0.81 earnings per share 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%. The business's revenue for the quarter was down 6.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.75 earnings per share. Sell-side 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 firm also recently announced an annual dividend, which will be paid on Friday, June 6th. Shareholders of record on Wednesday, May 7th will be issued a dividend of $1.0492 per share. This is a boost from Anheuser-Busch InBev SA/NV's previous annual dividend of $0.87. This represents a yield of 1.2%. The ex-dividend date is Wednesday, May 7th. Anheuser-Busch InBev SA/NV's dividend payout ratio is currently 22.32%.

Analysts Set New Price Targets

Several equities analysts have commented on BUD shares. Deutsche Bank Aktiengesellschaft raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research report on Monday, March 3rd. Wall Street Zen lowered shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research note on Sunday, May 18th. Argus raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 target price for the company in a research note on Thursday, March 27th. Berenberg Bank assumed coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They issued a "buy" rating on the stock. Finally, The Goldman Sachs Group upgraded Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $70.10 to $88.00 in a research note on Monday, May 12th. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Anheuser-Busch InBev SA/NV presently has a consensus rating of "Buy" and a consensus price target of $71.50.

Anheuser-Busch InBev SA/NV 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.