Great Lakes Advisors LLC Decreases Stake in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Great Lakes Advisors LLC lessened its position in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 4.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 311,738 shares of the consumer goods maker's stock after selling 16,165 shares during the period. Great Lakes Advisors LLC's holdings in Anheuser-Busch InBev SA/NV were worth $20,144,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of BUD. Anchor Investment Management LLC acquired a new position in Anheuser-Busch InBev SA/NV during the fourth quarter worth approximately $26,000. Naples Money Management LLC bought a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter valued at $30,000. Cary Street Partners Investment Advisory LLC lifted its holdings in Anheuser-Busch InBev SA/NV by 125.4% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 629 shares of the consumer goods maker's stock valued at $35,000 after purchasing an additional 350 shares during the last quarter. Russell Investments Group Ltd. boosted its position in Anheuser-Busch InBev SA/NV by 116.5% during the fourth quarter. Russell Investments Group Ltd. now owns 643 shares of the consumer goods maker's stock worth $42,000 after purchasing an additional 346 shares during the period. Finally, Janiczek Wealth Management LLC increased its holdings in shares of Anheuser-Busch InBev SA/NV by 111.0% in the fourth quarter. Janiczek Wealth Management LLC now owns 882 shares of the consumer goods maker's stock valued at $57,000 after purchasing an additional 464 shares during the last quarter. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of NYSE:BUD traded up $0.95 on Friday, reaching $67.42. 1,591,983 shares of the company's stock were exchanged, compared to its average volume of 1,905,355. 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 has a twelve month low of $51.66 and a twelve month high of $67.49. The company has a fifty day moving average of $60.87 and a 200-day moving average of $62.08. The company has a market capitalization of $117.12 billion, a price-to-earnings ratio of 28.33, a PEG ratio of 1.99 and a beta of 1.11.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last posted its quarterly earnings data on Wednesday, May 8th. The consumer goods maker reported $0.75 EPS for the quarter, topping analysts' consensus estimates of $0.69 by $0.06. The firm had revenue of $14.55 billion for the quarter, compared to analyst estimates of $14.43 billion. Anheuser-Busch InBev SA/NV had a return on equity of 14.01% and a net margin of 8.03%. The company's revenue was up 2.3% on a year-over-year basis. During the same quarter last year, the company earned $0.65 EPS. On average, research analysts predict that Anheuser-Busch InBev SA/NV will post 3.41 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Friday, June 7th. Investors of record on Monday, May 6th will be paid a $0.8722 dividend. This represents a yield of 1.1%. This is a boost from Anheuser-Busch InBev SA/NV's previous annual dividend of $0.61. The ex-dividend date of this dividend is Friday, May 3rd. Anheuser-Busch InBev SA/NV's dividend payout ratio (DPR) is 27.31%.

Analyst Upgrades and Downgrades

Separately, TD Cowen lowered their price target on shares of Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an "outperform" rating on the stock in a report on Tuesday, March 5th. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, Anheuser-Busch InBev SA/NV has an average rating of "Moderate Buy" and an average target price of $71.70.

Anheuser-Busch InBev SA/NV Company 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.