Mercer Global Advisors Inc. ADV Has $2.83 Million Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Mercer Global Advisors Inc. ADV trimmed its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 8.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 56,503 shares of the consumer goods maker's stock after selling 5,549 shares during the period. Mercer Global Advisors Inc. ADV's holdings in Anheuser-Busch InBev SA/NV were worth $2,829,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. R Squared Ltd acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the fourth quarter worth $30,000. Rakuten Securities Inc. increased its holdings in shares of Anheuser-Busch InBev SA/NV by 2,722.7% in the 4th quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker's stock worth $31,000 after acquiring an additional 599 shares during the period. Whipplewood Advisors LLC bought a new position in Anheuser-Busch InBev SA/NV in the 4th quarter worth about $36,000. Empowered Funds LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV during the fourth quarter worth approximately $49,000. Finally, Hurley Capital LLC bought a new stake in Anheuser-Busch InBev SA/NV during the 4th quarter valued at $49,000. 5.53% of the stock is owned by hedge funds and other institutional investors.

Anheuser-Busch InBev SA/NV Price Performance

Shares of NYSE:BUD traded down $1.08 during trading on Monday, reaching $66.19. The stock had a trading volume of 690,789 shares, compared to its average volume of 1,864,860. The stock has a market capitalization of $118.96 billion, a PE ratio of 20.43, a P/E/G ratio of 1.73 and a beta of 0.83. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. Anheuser-Busch InBev SA/NV has a 52 week low of $45.94 and a 52 week high of $67.55. The business's 50-day moving average price is $63.33 and its 200 day moving average price is $56.61.

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 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%. Anheuser-Busch InBev SA/NV's quarterly revenue was down 6.3% compared to the same quarter last year. During the same period last year, the business posted $0.75 EPS. As a group, equities analysts predict 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 company also recently disclosed an annual dividend, which will be paid on Friday, June 6th. Shareholders of record on Wednesday, May 7th will be issued a dividend of $1.0492 per share. This is a boost from Anheuser-Busch InBev SA/NV's previous annual dividend of $0.87. This represents a yield of 1.2%. The ex-dividend date is Wednesday, May 7th. Anheuser-Busch InBev SA/NV's payout ratio is currently 22.32%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. 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 report on Monday. Deutsche Bank Aktiengesellschaft raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research note on Monday, March 3rd. Berenberg Bank started coverage on Anheuser-Busch InBev SA/NV in a report on Wednesday, April 2nd. They issued a "buy" rating on the stock. StockNews.com upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research report on Saturday. Finally, Argus upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 target price on the stock in a report on Thursday, March 27th. One analyst has rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, Anheuser-Busch InBev SA/NV presently has a consensus 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.