Sequoia Financial Advisors LLC Increases Stake in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Sequoia Financial Advisors LLC increased its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 224.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 25,254 shares of the consumer goods maker's stock after buying an additional 17,476 shares during the period. 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.

Several other large investors have also recently added to or reduced their stakes in the business. Private Advisor Group LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 18.9% in the 4th quarter. Private Advisor Group LLC now owns 15,497 shares of the consumer goods maker's stock valued at $776,000 after purchasing an additional 2,458 shares during the last quarter. Whipplewood Advisors LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at approximately $36,000. NewEdge Wealth LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 67.0% in the 4th quarter. NewEdge Wealth LLC now owns 21,482 shares of the consumer goods maker's stock valued at $1,076,000 after purchasing an additional 8,618 shares during the last quarter. Smartleaf Asset Management LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 149.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,901 shares of the consumer goods maker's stock valued at $144,000 after purchasing an additional 1,739 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its position in shares of Anheuser-Busch InBev SA/NV by 31.8% in the 4th quarter. Jones Financial Companies Lllp now owns 41,209 shares of the consumer goods maker's stock valued at $2,063,000 after purchasing an additional 9,935 shares during the last quarter. 5.53% of the stock is owned by hedge funds and other institutional investors.

Anheuser-Busch InBev SA/NV Stock Down 0.9%

BUD stock opened at $68.48 on Monday. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $72.13. The stock has a market capitalization of $123.08 billion, a PE ratio of 19.85, a price-to-earnings-growth ratio of 2.02 and a beta of 0.85. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.54 and a current ratio of 0.70. The company has a fifty day moving average of $68.58 and a 200-day moving average of $59.89.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The consumer goods maker reported $0.81 EPS 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%. During the same period in the previous year, the business earned $0.75 earnings per share. Anheuser-Busch InBev SA/NV's revenue for the quarter was down 6.3% compared to the same quarter last year. As a group, analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Anheuser-Busch InBev SA/NV Increases Dividend

The firm also recently announced an annual dividend, which was paid on Friday, June 6th. Shareholders of record on Wednesday, May 7th were given a dividend of $1.0492 per share. The ex-dividend date was 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 payout ratio is presently 24.64%.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Wall Street Zen downgraded shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research report on Sunday, May 18th. Berenberg Bank began coverage on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, April 2nd. They issued a "buy" rating on the stock. Argus upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 target price for the company in a report on Thursday, March 27th. Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research note on Monday, March 3rd. Finally, BNP Paribas upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 30th. Two investment analysts have rated the stock with a hold rating, six have given a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Buy" and an average 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.

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