GFS Advisors LLC Sells 115,210 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

GFS Advisors LLC lessened its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 54.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 96,615 shares of the consumer goods maker's stock after selling 115,210 shares during the quarter. Anheuser-Busch InBev SA/NV accounts for approximately 1.2% of GFS Advisors LLC's holdings, making the stock its 28th biggest holding. GFS Advisors LLC's holdings in Anheuser-Busch InBev SA/NV were worth $5,948,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Dodge & Cox lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 27.7% during the fourth quarter. Dodge & Cox now owns 39,996,830 shares of the consumer goods maker's stock valued at $2,002,641,000 after acquiring an additional 8,670,940 shares during the period. The Manufacturers Life Insurance Company lifted its holdings in Anheuser-Busch InBev SA/NV by 7.2% during the 4th quarter. The Manufacturers Life Insurance Company now owns 7,569,492 shares of the consumer goods maker's stock valued at $379,004,000 after purchasing an additional 505,206 shares during the last quarter. Capital International Investors boosted its position in Anheuser-Busch InBev SA/NV by 5.5% in the fourth quarter. Capital International Investors now owns 2,594,619 shares of the consumer goods maker's stock valued at $129,201,000 after buying an additional 134,243 shares in the last quarter. Clarkston Capital Partners LLC grew its stake in Anheuser-Busch InBev SA/NV by 30.3% during the fourth quarter. Clarkston Capital Partners LLC now owns 1,493,842 shares of the consumer goods maker's stock worth $74,797,000 after buying an additional 347,000 shares during the last quarter. Finally, Artisan Partners Limited Partnership bought a new stake in Anheuser-Busch InBev SA/NV during the fourth quarter worth about $56,849,000. Institutional investors own 5.53% of the company's stock.

Analyst Upgrades and Downgrades

BUD has been the topic of several research analyst reports. Wall Street Zen cut shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research note on Sunday, May 18th. The Goldman Sachs Group raised shares of Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $70.10 to $88.00 in a research note on Monday, May 12th. 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 upgraded 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 research report on Thursday, March 27th. Finally, BNP Paribas upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a research report on Friday, May 30th. Two research analysts have rated the stock with a hold rating, seven have issued a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, Anheuser-Busch InBev SA/NV has a consensus rating of "Buy" and a consensus target price of $71.50.

Anheuser-Busch InBev SA/NV Trading Up 0.3%

Anheuser-Busch InBev SA/NV stock traded up $0.23 during trading hours on Friday, reaching $71.18. 2,767,229 shares of the company's stock traded hands, compared to its average volume of 1,969,186. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.54 and a current ratio of 0.70. Anheuser-Busch InBev SA/NV has a fifty-two week low of $45.94 and a fifty-two week high of $72.13. The firm has a market capitalization of $127.93 billion, a price-to-earnings ratio of 20.63, a PEG ratio of 2.10 and a beta of 0.85. The firm's 50 day moving average is $68.08 and its 200-day moving average is $59.26.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last released its earnings results on Thursday, May 8th. The consumer goods maker reported $0.81 earnings per share (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%. During the same quarter in the prior year, the firm posted $0.75 EPS. The company's quarterly revenue was down 6.3% on a year-over-year basis. On average, 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 business also recently declared an annual dividend, which was paid on Friday, June 6th. Stockholders of record on Wednesday, May 7th were paid a $1.0492 dividend. The ex-dividend date was Wednesday, May 7th. This represents a dividend yield of 1.2%. This is an increase from Anheuser-Busch InBev SA/NV's previous annual dividend of $0.87. Anheuser-Busch InBev SA/NV's dividend payout ratio is 24.64%.

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.