Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Sold by D.A. Davidson & CO.

D.A. Davidson & CO. lessened 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 13F filing with the Securities & Exchange Commission. The institutional investor 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 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Pinnacle Financial Partners Inc bought a new position in Anheuser-Busch InBev SA/NV during the 1st quarter valued at approximately $2,341,000. FSM Wealth Advisors LLC purchased a new stake in Anheuser-Busch InBev SA/NV during the 1st quarter valued at $211,000. Rossby Financial LCC purchased a new stake in Anheuser-Busch InBev SA/NV during the 1st quarter valued at $49,000. Vontobel Holding Ltd. boosted its stake in Anheuser-Busch InBev SA/NV by 2.3% during the 1st quarter. Vontobel Holding Ltd. now owns 7,678 shares of the consumer goods maker's stock valued at $473,000 after purchasing an additional 174 shares during the last quarter. Finally, West Bancorporation Inc. purchased a new stake in Anheuser-Busch InBev SA/NV during the 1st quarter valued at $233,000. Institutional investors own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Price Performance

Shares of NYSE:BUD traded up $0.10 during trading on Thursday, reaching $67.61. 2,381,370 shares of the company's stock traded hands, compared to its average volume of 2,010,533. Anheuser-Busch InBev SA/NV has a fifty-two week low of $45.94 and a fifty-two week high of $72.13. The company has a quick ratio of 0.54, a current ratio of 0.70 and a debt-to-equity ratio of 0.80. The firm has a market cap of $121.50 billion, a PE ratio of 19.60, a P/E/G ratio of 1.77 and a beta of 0.82. The company has a 50-day simple moving average of $69.04 and a 200-day simple moving average of $60.72.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last posted 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 16.09% and a net margin of 11.74%. During the same period in the previous year, the business posted $0.75 EPS. The company's revenue was down 6.3% on a year-over-year basis. As a group, 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 disclosed an annual dividend, which was paid on Friday, June 6th. Investors of record on Wednesday, May 7th were given a $1.0492 dividend. This represents a yield of 1.2%. This is a positive change from Anheuser-Busch InBev SA/NV's previous annual dividend of $0.87. The ex-dividend date was Wednesday, May 7th. Anheuser-Busch InBev SA/NV's dividend payout ratio is presently 24.64%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on BUD. 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 research note on Sunday, May 18th. Berenberg Bank began coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They set a "buy" rating on the stock. The Goldman Sachs Group upgraded Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and increased their target price for the company from $70.10 to $88.00 in a research note on Monday, May 12th. Finally, Argus upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 target price on the stock in a research note on Thursday, March 27th. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target 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.