Anheuser-Busch InBev SA/NV (NYSE:BUD) Position Boosted by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC increased its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 224.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,254 shares of the consumer goods maker's stock after purchasing an additional 17,476 shares during the quarter. Sequoia Financial Advisors LLC's holdings in Anheuser-Busch InBev SA/NV were worth $1,555,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Golden State Wealth Management LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 104.1% during the 1st quarter. Golden State Wealth Management LLC now owns 4,012 shares of the consumer goods maker's stock valued at $247,000 after buying an additional 2,046 shares during the period. Bessemer Group Inc. increased its position in Anheuser-Busch InBev SA/NV by 66.0% during the first quarter. Bessemer Group Inc. now owns 1,336 shares of the consumer goods maker's stock valued at $83,000 after acquiring an additional 531 shares during the last quarter. Penn Davis Mcfarland Inc. raised its position in Anheuser-Busch InBev SA/NV by 0.7% in the first quarter. Penn Davis Mcfarland Inc. now owns 470,711 shares of the consumer goods maker's stock worth $28,977,000 after acquiring an additional 3,192 shares during the period. Oppenheimer & Co. Inc. purchased a new position in Anheuser-Busch InBev SA/NV during the first quarter valued at $230,000. Finally, Oppenheimer Asset Management Inc. lifted its position in shares of Anheuser-Busch InBev SA/NV by 25.9% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 56,492 shares of the consumer goods maker's stock valued at $3,478,000 after buying an additional 11,611 shares in the last quarter. Institutional investors own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Stock Down 0.6%

BUD stock traded down $0.41 during midday trading on Thursday, reaching $68.93. 1,144,845 shares of the company were exchanged, compared to its average volume of 1,981,316. The company has a market cap of $123.88 billion, a price-to-earnings ratio of 19.98, a price-to-earnings-growth ratio of 1.81 and a beta of 0.82. 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 1-year low of $45.94 and a 1-year high of $72.13. The stock's 50-day simple moving average is $68.75 and its 200 day simple moving average is $60.12.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last posted 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%. Anheuser-Busch InBev SA/NV's revenue was down 6.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.75 earnings per share. On average, equities analysts forecast 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 announced an annual dividend, which was paid on Friday, June 6th. Stockholders of record on Wednesday, May 7th were given a $1.0492 dividend. The ex-dividend date of this dividend 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 payout ratio is presently 24.64%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. BNP Paribas upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a research report on Friday, May 30th. Berenberg Bank began coverage on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, April 2nd. They issued a "buy" rating on the stock. Argus upgraded 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 research report on Thursday, March 27th. The Goldman Sachs Group raised shares of Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $70.10 to $88.00 in a research note on Monday, May 12th. Finally, Wall Street Zen lowered shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research note on Sunday, May 18th. Two research analysts have rated the stock with a hold rating, six have issued a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Buy" and an average target price 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.