Anheuser-Busch InBev SA/NV (NYSE:BUD) Stock Holdings Lessened by Millennium Management LLC

Millennium Management LLC lowered its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 32.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 745,098 shares of the consumer goods maker's stock after selling 358,363 shares during the period. Millennium Management LLC's holdings in Anheuser-Busch InBev SA/NV were worth $37,307,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Empirical Asset Management LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at about $2,127,000. Brooklyn Investment Group acquired a new stake in Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $50,000. Integrated Investment Consultants LLC raised its stake in shares of Anheuser-Busch InBev SA/NV by 1.6% during the fourth quarter. Integrated Investment Consultants LLC now owns 28,993 shares of the consumer goods maker's stock valued at $1,452,000 after purchasing an additional 464 shares during the period. Premier Path Wealth Partners LLC raised its stake in shares of Anheuser-Busch InBev SA/NV by 13.3% during the fourth quarter. Premier Path Wealth Partners LLC now owns 21,488 shares of the consumer goods maker's stock valued at $1,076,000 after purchasing an additional 2,527 shares during the period. Finally, LVW Advisors LLC lifted its position in shares of Anheuser-Busch InBev SA/NV by 33.2% during the fourth quarter. LVW Advisors LLC now owns 6,444 shares of the consumer goods maker's stock worth $323,000 after purchasing an additional 1,606 shares in the last quarter. 5.53% of the stock is owned by hedge funds and other institutional investors.

Anheuser-Busch InBev SA/NV Stock Performance

BUD stock traded down $0.13 during trading on Tuesday, reaching $68.52. 950,165 shares of the company's stock were exchanged, compared to its average volume of 1,871,962. Anheuser-Busch InBev SA/NV has a 1-year low of $45.94 and a 1-year high of $68.71. The company's fifty day moving average price is $63.86 and its 200-day moving average price is $56.81. 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 firm has a market cap of $123.14 billion, a PE ratio of 21.15, a P/E/G ratio of 1.73 and a beta of 0.83.

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, topping analysts' consensus estimates of $0.77 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. Anheuser-Busch InBev SA/NV's revenue was down 6.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.75 EPS. On average, research analysts expect 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 announced an annual dividend, which will be paid on Friday, June 6th. Investors of record on Wednesday, May 7th will be paid a dividend of $1.0492 per share. The ex-dividend date is Wednesday, May 7th. This represents a yield of 1.2%. This is a boost from Anheuser-Busch InBev SA/NV's previous annual dividend of $0.87. Anheuser-Busch InBev SA/NV's dividend payout ratio (DPR) is currently 22.32%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Argus raised shares of 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. Deutsche Bank Aktiengesellschaft raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a report on Monday, March 3rd. Berenberg Bank initiated coverage on Anheuser-Busch InBev SA/NV in a research report on Wednesday, April 2nd. They issued a "buy" rating on the stock. StockNews.com downgraded shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research report on Sunday. Finally, The Goldman Sachs Group upgraded shares of Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and increased their price objective for the company from $70.10 to $88.00 in a research note on Monday, May 12th. Two equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the company. 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 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.