D.A. Davidson & CO. Sells 38,515 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

D.A. Davidson & CO. trimmed its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 72.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 14,862 shares of the consumer goods maker's stock after selling 38,515 shares during the quarter. D.A. Davidson & CO.'s holdings in Anheuser-Busch InBev SA/NV were worth $915,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. 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 valued at $31,000 after buying an additional 599 shares during the period. NBC Securities Inc. bought a new stake in Anheuser-Busch InBev SA/NV during the first quarter valued at approximately $32,000. Garde Capital Inc. bought a new stake in Anheuser-Busch InBev SA/NV during the first quarter valued at approximately $37,000. Measured Risk Portfolios Inc. bought a new stake in Anheuser-Busch InBev SA/NV during the fourth quarter valued at approximately $40,000. Finally, ST Germain D J Co. Inc. bought a new stake in Anheuser-Busch InBev SA/NV during the first quarter valued at approximately $41,000. 5.53% of the stock is currently owned by institutional investors.

Anheuser-Busch InBev SA/NV Trading Down 0.1%

Shares of BUD traded down $0.10 during midday trading on Wednesday, hitting $67.46. The stock had a trading volume of 3,384,919 shares, compared to its average volume of 2,001,216. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $72.13. The firm has a market cap of $121.24 billion, a PE ratio of 19.55, a price-to-earnings-growth ratio of 1.80 and a beta of 0.82. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.70 and a quick ratio of 0.54. The stock's 50 day moving average is $69.01 and its 200 day moving average is $60.67.

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 the consensus estimate 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%. The company's revenue was down 6.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.75 EPS. As a group, analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Increases Dividend

The business also recently declared an annual dividend, which was paid on Friday, June 6th. Stockholders of record on Wednesday, May 7th were issued a $1.0492 dividend. The ex-dividend date of this dividend was Wednesday, May 7th. This is a boost from Anheuser-Busch InBev SA/NV's previous annual dividend of $0.87. This represents a dividend yield of 1.2%. Anheuser-Busch InBev SA/NV's dividend payout ratio is presently 24.64%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on BUD. Berenberg Bank assumed coverage on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, April 2nd. They set a "buy" rating for the company. BNP Paribas raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a report on Friday, May 30th. The Goldman Sachs Group raised shares of 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 report on Monday, May 12th. Argus raised shares of 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 report on Thursday, March 27th. Finally, Wall Street Zen lowered shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research report on Sunday, May 18th. Two research 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 stock. According to MarketBeat, the stock has an average rating of "Buy" and an average 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.