Fisher Asset Management LLC Sells 945,308 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Fisher Asset Management LLC trimmed its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 9.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,018,399 shares of the consumer goods maker's stock after selling 945,308 shares during the period. Fisher Asset Management LLC owned 0.52% of Anheuser-Busch InBev SA/NV worth $582,769,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Anchor Investment Management LLC bought a new position in Anheuser-Busch InBev SA/NV during the fourth quarter valued at about $26,000. Naples Money Management LLC acquired a new position in Anheuser-Busch InBev SA/NV in the fourth quarter worth approximately $30,000. GPS Wealth Strategies Group LLC raised its position in Anheuser-Busch InBev SA/NV by 448.2% during the third quarter. GPS Wealth Strategies Group LLC now owns 603 shares of the consumer goods maker's stock valued at $33,000 after acquiring an additional 493 shares in the last quarter. Cary Street Partners Investment Advisory LLC raised its position in Anheuser-Busch InBev SA/NV by 125.4% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 629 shares of the consumer goods maker's stock valued at $35,000 after acquiring an additional 350 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its stake in Anheuser-Busch InBev SA/NV by 116.5% in the fourth quarter. Russell Investments Group Ltd. now owns 643 shares of the consumer goods maker's stock valued at $42,000 after acquiring an additional 346 shares during the last quarter. Institutional investors own 5.53% of the company's stock.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD stock traded down $0.17 during mid-day trading on Friday, reaching $59.72. The company's stock had a trading volume of 1,251,650 shares, compared to its average volume of 2,025,361. Anheuser-Busch InBev SA/NV has a 1-year low of $51.66 and a 1-year high of $66.32. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.48 and a current ratio of 0.63. The company has a market cap of $103.75 billion, a P/E ratio of 22.53, a PEG ratio of 1.80 and a beta of 1.11. The firm's 50-day moving average is $60.40 and its two-hundred day moving average is $61.22.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last issued its quarterly earnings results on Wednesday, February 28th. The consumer goods maker reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $14.47 billion for the quarter, compared to analyst estimates of $15.34 billion. During the same quarter in the prior year, the firm posted $0.98 earnings per share. On average, research 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 declared an annual dividend, which will be paid on Friday, June 7th. Shareholders of record on Monday, May 6th will be given a dividend of $0.8722 per share. This is a positive change from Anheuser-Busch InBev SA/NV's previous annual dividend of $0.61. This represents a yield of 1.1%. The ex-dividend date of this dividend is Friday, May 3rd. Anheuser-Busch InBev SA/NV's dividend payout ratio is 23.02%.

Wall Street Analysts Forecast Growth

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

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.