Tidal Investments LLC Sells 4,776 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Tidal Investments LLC reduced its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 25.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 13,878 shares of the consumer goods maker's stock after selling 4,776 shares during the quarter. Tidal Investments LLC's holdings in Anheuser-Busch InBev SA/NV were worth $695,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of BUD. Alberta Investment Management Corp acquired a new stake in Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $28,540,000. B&D White Capital Company LLC bought a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at $290,000. Blue Trust Inc. boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 15.8% during the 4th quarter. Blue Trust Inc. now owns 3,409 shares of the consumer goods maker's stock valued at $171,000 after acquiring an additional 464 shares in the last quarter. Clarkston Capital Partners LLC boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 30.3% during the 4th quarter. Clarkston Capital Partners LLC now owns 1,493,842 shares of the consumer goods maker's stock valued at $74,797,000 after acquiring an additional 347,000 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Anheuser-Busch InBev SA/NV in the 4th quarter worth about $37,311,000. 5.53% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently commented on BUD shares. Wall Street Zen lowered Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research note on Sunday, May 18th. Argus upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 price objective for the company in a report on Thursday, March 27th. Deutsche Bank Aktiengesellschaft raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a report on Monday, March 3rd. The Goldman Sachs Group raised shares of Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and raised their price target for the company from $70.10 to $88.00 in a research note on Monday, May 12th. Finally, Berenberg Bank initiated coverage on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, April 2nd. They set a "buy" rating on the stock. Two equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $71.50.

Anheuser-Busch InBev SA/NV Trading Down 0.0%

Shares of NYSE:BUD traded down $0.03 during trading on Friday, reaching $70.50. The stock had a trading volume of 1,716,849 shares, compared to its average volume of 1,884,617. Anheuser-Busch InBev SA/NV has a 52 week low of $45.94 and a 52 week high of $70.75. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. The firm's fifty day moving average is $64.93 and its 200 day moving average is $57.46. The stock has a market cap of $126.70 billion, a price-to-earnings ratio of 21.76, 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 issued its quarterly earnings results on Thursday, May 8th. The consumer goods maker reported $0.81 EPS for the quarter, beating 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%. During the same quarter in the previous year, the company earned $0.75 EPS. The firm's revenue was down 6.3% on a year-over-year basis. As a group, equities analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Increases Dividend

The firm 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%.

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.