Continuum Advisory LLC Trims Stake in Anheuser-Busch InBev SA/NV (NYSE:BUD)

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

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Two Sigma Advisers LP boosted its position in Anheuser-Busch InBev SA/NV by 237.0% during the fourth quarter. Two Sigma Advisers LP now owns 343,102 shares of the consumer goods maker's stock valued at $17,179,000 after purchasing an additional 241,300 shares in the last quarter. Point72 Hong Kong Ltd boosted its position in Anheuser-Busch InBev SA/NV by 2,499.8% during the fourth quarter. Point72 Hong Kong Ltd now owns 35,097 shares of the consumer goods maker's stock valued at $1,757,000 after purchasing an additional 33,747 shares in the last quarter. Quantinno Capital Management LP boosted its position in Anheuser-Busch InBev SA/NV by 74.6% during the fourth quarter. Quantinno Capital Management LP now owns 101,682 shares of the consumer goods maker's stock valued at $5,091,000 after purchasing an additional 43,429 shares in the last quarter. Measured Risk Portfolios Inc. bought a new stake in Anheuser-Busch InBev SA/NV during the fourth quarter valued at about $40,000. Finally, Graham Capital Management L.P. bought a new stake in Anheuser-Busch InBev SA/NV during the fourth quarter valued at about $1,872,000. Institutional investors own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of NYSE:BUD traded up $0.87 during trading on Tuesday, hitting $70.15. The stock had a trading volume of 1,359,065 shares, compared to its average volume of 1,882,798. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $70.71. The stock has a market capitalization of $126.07 billion, a price-to-earnings ratio of 21.65, a price-to-earnings-growth ratio of 1.73 and a beta of 0.83. 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 50-day simple moving average of $64.47 and a two-hundred day simple moving average of $57.19.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The consumer goods maker reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate 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 revenue for the quarter was down 6.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.75 earnings per share. On average, equities research analysts expect 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 declared an annual dividend, which will be paid on Friday, June 6th. Investors of record on Wednesday, May 7th will be given 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 (DPR) is currently 22.32%.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Wall Street Zen downgraded Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a report on Sunday, May 18th. Deutsche Bank Aktiengesellschaft raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a report on Monday, March 3rd. Argus raised 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. The Goldman Sachs Group raised 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. Finally, Berenberg Bank began coverage on Anheuser-Busch InBev SA/NV in a report on Wednesday, April 2nd. They issued a "buy" rating for the company. Two research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, Anheuser-Busch InBev SA/NV has a consensus rating of "Buy" and an average price target 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.