Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Sold by Goodman Advisory Group LLC

Goodman Advisory Group LLC trimmed its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 32.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 81,238 shares of the consumer goods maker's stock after selling 38,222 shares during the quarter. Anheuser-Busch InBev SA/NV makes up approximately 1.8% of Goodman Advisory Group LLC's investment portfolio, making the stock its 16th biggest holding. Goodman Advisory Group LLC's holdings in Anheuser-Busch InBev SA/NV were worth $5,250,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of BUD. Moneta Group Investment Advisors LLC grew its holdings in Anheuser-Busch InBev SA/NV by 82,251.7% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 4,778,048 shares of the consumer goods maker's stock worth $286,874,000 after purchasing an additional 4,772,246 shares during the last quarter. DAVENPORT & Co LLC grew its stake in Anheuser-Busch InBev SA/NV by 3,774.4% during the 3rd quarter. DAVENPORT & Co LLC now owns 1,197,204 shares of the consumer goods maker's stock worth $65,775,000 after buying an additional 1,166,304 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in Anheuser-Busch InBev SA/NV by 11.6% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 10,367,287 shares of the consumer goods maker's stock valued at $573,311,000 after buying an additional 1,077,724 shares in the last quarter. Armistice Capital LLC acquired a new position in Anheuser-Busch InBev SA/NV during the 3rd quarter valued at about $38,876,000. Finally, Balyasny Asset Management L.P. raised its stake in Anheuser-Busch InBev SA/NV by 589.5% in the first quarter. Balyasny Asset Management L.P. now owns 668,419 shares of the consumer goods maker's stock valued at $44,604,000 after buying an additional 571,473 shares during the last quarter. Institutional investors own 5.53% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. BNP Paribas downgraded Anheuser-Busch InBev SA/NV from an "outperform" rating to a "neutral" rating in a research report on Friday, January 12th. Jefferies Financial Group raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and increased their price objective for the company from $60.00 to $76.00 in a report on Wednesday, January 10th. Finally, TD Cowen decreased their target price on Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an "outperform" rating for the company in a report on Tuesday, March 5th. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $71.70.

Anheuser-Busch InBev SA/NV Price Performance

BUD traded up $0.21 on Wednesday, hitting $57.35. 1,741,209 shares of the company's stock were exchanged, compared to its average volume of 2,097,826. The stock has a market cap of $99.63 billion, a price-to-earnings ratio of 21.64, a P/E/G ratio of 1.75 and a beta of 1.13. Anheuser-Busch InBev SA/NV has a fifty-two week low of $51.66 and a fifty-two week high of $66.56. The firm has a 50-day moving average price of $61.24 and a 200-day moving average price of $60.79. The company has a current ratio of 0.63, a quick ratio of 0.48 and a debt-to-equity ratio of 0.80.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last released its quarterly earnings data on Wednesday, February 28th. The consumer goods maker reported $0.82 earnings per share for the quarter, topping analysts' consensus estimates of $0.76 by $0.06. Anheuser-Busch InBev SA/NV had a return on equity of 13.57% and a net margin of 8.99%. The company had revenue of $14.47 billion for the quarter, compared to analyst estimates of $15.34 billion. During the same quarter in the previous year, the company posted $0.98 earnings per share. As a group, equities 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 firm also recently declared an annual dividend, which will be paid on Friday, June 7th. Stockholders of record on Monday, May 6th will be paid a $0.8722 dividend. This represents a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, May 3rd. This is a positive change from Anheuser-Busch InBev SA/NV's previous annual dividend of $0.61. Anheuser-Busch InBev SA/NV's dividend payout ratio is 23.02%.

Anheuser-Busch InBev SA/NV Profile

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.