Nuveen Asset Management LLC Has $52.72 Million Stake in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Nuveen Asset Management LLC cut its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 14.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,052,935 shares of the consumer goods maker's stock after selling 182,657 shares during the period. Nuveen Asset Management LLC owned approximately 0.06% of Anheuser-Busch InBev SA/NV worth $52,720,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Callan Capital LLC boosted its holdings in Anheuser-Busch InBev SA/NV by 2.2% in the 4th quarter. Callan Capital LLC now owns 10,607 shares of the consumer goods maker's stock valued at $531,000 after purchasing an additional 229 shares during the period. Moors & Cabot Inc. raised its position in shares of Anheuser-Busch InBev SA/NV by 4.6% in the fourth quarter. Moors & Cabot Inc. now owns 5,329 shares of the consumer goods maker's stock valued at $267,000 after buying an additional 234 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV by 25.7% in the fourth quarter. Farther Finance Advisors LLC now owns 1,298 shares of the consumer goods maker's stock valued at $65,000 after buying an additional 265 shares during the period. Balanced Rock Investment Advisors LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV by 4.4% in the fourth quarter. Balanced Rock Investment Advisors LLC now owns 8,560 shares of the consumer goods maker's stock valued at $429,000 after buying an additional 361 shares during the period. Finally, Beacon Pointe Advisors LLC grew its position in Anheuser-Busch InBev SA/NV by 0.9% during the fourth quarter. Beacon Pointe Advisors LLC now owns 47,733 shares of the consumer goods maker's stock worth $2,390,000 after buying an additional 433 shares in the last quarter. 5.53% of the stock is owned by institutional investors.

Anheuser-Busch InBev SA/NV Price Performance

Shares of Anheuser-Busch InBev SA/NV stock traded down $0.44 during trading on Thursday, reaching $68.36. 2,936,555 shares of the company's stock were exchanged, compared to its average volume of 1,877,501. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. Anheuser-Busch InBev SA/NV has a 1-year low of $45.94 and a 1-year high of $69.05. The company has a market cap of $122.86 billion, a P/E ratio of 21.10, a PEG ratio of 1.73 and a beta of 0.83. The firm's 50-day moving average price is $64.13 and its 200 day moving average price is $56.97.

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 return on equity of 15.29% and a net margin of 10.98%. The business's revenue for the quarter was down 6.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.75 EPS. As a group, research analysts anticipate 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 disclosed an annual dividend, which will be paid on Friday, June 6th. Investors of record on Wednesday, May 7th will be given a dividend of $1.0492 per share. This represents a yield of 1.2%. This is a boost from Anheuser-Busch InBev SA/NV's previous annual dividend of $0.87. The ex-dividend date is Wednesday, May 7th. Anheuser-Busch InBev SA/NV's dividend payout ratio is currently 22.32%.

Analyst Ratings Changes

Several equities analysts have weighed in on BUD shares. The Goldman Sachs Group raised Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $70.10 to $88.00 in a report on Monday, May 12th. Deutsche Bank Aktiengesellschaft upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research report on Monday, March 3rd. Wall Street Zen downgraded Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research note on Sunday. Argus upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 price objective on the stock in a research note on Thursday, March 27th. Finally, Berenberg Bank initiated coverage on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, April 2nd. They issued a "buy" rating on the stock. Two 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 stock. Based on data from MarketBeat, Anheuser-Busch InBev SA/NV presently has a consensus rating of "Buy" and a consensus price target of $71.50.

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.