Motley Fool Wealth Management LLC Cuts Stock Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Motley Fool Wealth Management LLC trimmed its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 1.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 71,078 shares of the consumer goods maker’s stock after selling 1,358 shares during the period. Motley Fool Wealth Management LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $4,590,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in BUD. Golden State Equity Partners grew its stake in Anheuser-Busch InBev SA/NV by 7.4% in the 4th quarter. Golden State Equity Partners now owns 11,415 shares of the consumer goods maker’s stock valued at $738,000 after acquiring an additional 786 shares during the period. Truist Financial Corp grew its stake in Anheuser-Busch InBev SA/NV by 12.6% in the 4th quarter. Truist Financial Corp now owns 48,303 shares of the consumer goods maker’s stock valued at $3,121,000 after acquiring an additional 5,417 shares during the period. Callan Capital LLC acquired a new stake in Anheuser-Busch InBev SA/NV during the 4th quarter worth $239,000. Seafarer Capital Partners LLC boosted its stake in Anheuser-Busch InBev SA/NV by 8.2% during the 4th quarter. Seafarer Capital Partners LLC now owns 792,000 shares of the consumer goods maker’s stock worth $51,179,000 after purchasing an additional 60,000 shares during the last quarter. Finally, Syon Capital LLC boosted its stake in Anheuser-Busch InBev SA/NV by 10.6% during the 4th quarter. Syon Capital LLC now owns 6,741 shares of the consumer goods maker’s stock worth $436,000 after purchasing an additional 648 shares during the last quarter. 5.53% of the stock is owned by hedge funds and other institutional investors.

Anheuser-Busch InBev SA/NV Trading Up 0.1 %

BUD traded up $0.07 on Friday, hitting $60.01. The company had a trading volume of 1,159,616 shares, compared to its average volume of 1,684,046. The firm has a market cap of $104.25 billion, a P/E ratio of 22.65, a PEG ratio of 1.81 and a beta of 1.13. Anheuser-Busch InBev SA/NV has a 1 year low of $51.66 and a 1 year high of $66.32. The company’s fifty day moving average price is $60.65 and its 200 day moving average price is $61.05. 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) last issued its quarterly earnings data 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. The firm had revenue of $14.47 billion for the quarter, compared to analyst estimates of $15.34 billion. Anheuser-Busch InBev SA/NV had a net margin of 8.99% and a return on equity of 13.57%. During the same period in the previous year, the firm earned $0.98 EPS. As a group, equities analysts expect 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 business also recently disclosed an annual dividend, which will be paid on Friday, June 7th. Investors of record on Monday, May 6th will be issued a $0.8722 dividend. 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 payout ratio is 24.15%.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. BNP Paribas cut shares of Anheuser-Busch InBev SA/NV from an “outperform” rating to a “neutral” rating in a research note on Friday, January 12th. TD Cowen lowered their target price on shares of Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 5th. Finally, Jefferies Financial Group upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and lifted their price target for the stock from $60.00 to $76.00 in a report on Wednesday, January 10th. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $71.70.

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.