D.A. Davidson & CO. Cuts Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

D.A. Davidson & CO. cut its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 72.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,862 shares of the consumer goods maker's stock after selling 38,515 shares during the period. D.A. Davidson & CO.'s holdings in Anheuser-Busch InBev SA/NV were worth $915,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. NBC Securities Inc. bought a new stake in Anheuser-Busch InBev SA/NV during the first quarter worth about $32,000. Garde Capital Inc. acquired a new stake in Anheuser-Busch InBev SA/NV during the first quarter worth approximately $37,000. Rakuten Securities Inc. grew its position in Anheuser-Busch InBev SA/NV by 2,722.7% during the fourth quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker's stock worth $31,000 after buying an additional 599 shares in the last quarter. ST Germain D J Co. Inc. acquired a new stake in Anheuser-Busch InBev SA/NV during the first quarter worth approximately $41,000. Finally, Rossby Financial LCC acquired a new stake in Anheuser-Busch InBev SA/NV during the first quarter worth approximately $49,000. 5.53% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on BUD shares. 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. Wall Street Zen downgraded Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a report on Sunday, May 18th. Argus upgraded 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 began coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They issued a "buy" rating for the company. Finally, The Goldman Sachs Group upgraded Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and lifted their price target for the company from $70.10 to $88.00 in a research note on Monday, May 12th. Two research analysts have rated the stock with a hold rating, six have given a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, Anheuser-Busch InBev SA/NV presently has an average rating of "Buy" and a consensus target price of $71.50.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of NYSE:BUD traded down $0.16 during mid-day trading on Friday, reaching $67.47. The company had a trading volume of 1,844,589 shares, compared to its average volume of 2,009,872. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $72.13. The firm has a market cap of $121.26 billion, a price-to-earnings ratio of 19.56, a PEG ratio of 1.77 and a beta of 0.82. The company has a current ratio of 0.70, a quick ratio of 0.54 and a debt-to-equity ratio of 0.80. The company's 50-day moving average price is $69.09 and its 200-day moving average price is $60.84.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The consumer goods maker reported $0.81 EPS for the quarter, beating analysts' consensus estimates of $0.77 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 11.74% and a return on equity of 16.09%. Anheuser-Busch InBev SA/NV's revenue for the quarter was down 6.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.75 earnings per share. As a group, equities 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 was paid on Friday, June 6th. Stockholders of record on Wednesday, May 7th were given a dividend of $1.0492 per share. This is a positive change from Anheuser-Busch InBev SA/NV's previous annual dividend of $0.87. This represents a dividend yield of 1.2%. The ex-dividend date was Wednesday, May 7th. Anheuser-Busch InBev SA/NV's payout ratio is 24.35%.

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.