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

Signaturefd LLC decreased its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 3.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,049 shares of the consumer goods maker’s stock after selling 377 shares during the period. Signaturefd LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $779,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Naples Money Management LLC acquired a new stake in Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $30,000. Simplicity Solutions LLC raised its holdings in shares of Anheuser-Busch InBev SA/NV by 61.5% in the 4th quarter. Simplicity Solutions LLC now owns 24,851 shares of the consumer goods maker’s stock valued at $1,606,000 after purchasing an additional 9,465 shares in the last quarter. NewEdge Wealth LLC raised its holdings in shares of Anheuser-Busch InBev SA/NV by 10.6% in the 4th quarter. NewEdge Wealth LLC now owns 10,778 shares of the consumer goods maker’s stock valued at $696,000 after purchasing an additional 1,033 shares in the last quarter. Janiczek Wealth Management LLC lifted its position in shares of Anheuser-Busch InBev SA/NV by 111.0% during the 4th quarter. Janiczek Wealth Management LLC now owns 882 shares of the consumer goods maker’s stock worth $57,000 after purchasing an additional 464 shares during the last quarter. Finally, Cerity Partners LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 45.8% during the fourth quarter. Cerity Partners LLC now owns 14,908 shares of the consumer goods maker’s stock worth $964,000 after purchasing an additional 4,681 shares in the last quarter. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Price Performance

Shares of NYSE BUD opened at $60.18 on Wednesday. The stock has a market cap of $104.54 billion, a P/E ratio of 22.71, a P/E/G ratio of 1.77 and a beta of 1.13. Anheuser-Busch InBev SA/NV has a twelve month low of $51.66 and a twelve month high of $66.56. The stock has a 50 day moving average of $60.80 and a two-hundred day moving average of $61.01. 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 released its quarterly earnings results on Wednesday, February 28th. The consumer goods maker reported $0.82 EPS for the quarter, beating the consensus estimate of $0.76 by $0.06. Anheuser-Busch InBev SA/NV had a net margin of 8.99% and a return on equity of 13.57%. The firm had revenue of $14.47 billion during the quarter, compared to the consensus estimate of $15.34 billion. During the same quarter in the prior year, the firm earned $0.98 EPS. On average, research analysts forecast 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 announced an annual dividend, which will be paid on Friday, June 7th. Stockholders of record on Monday, May 6th will be paid a dividend of $0.8722 per share. This is an increase from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. The ex-dividend date is Friday, May 3rd. This represents a dividend yield of 1.1%. Anheuser-Busch InBev SA/NV’s dividend payout ratio is 23.02%.

Analysts Set New Price Targets

A number of analysts have issued reports on BUD shares. BNP Paribas downgraded Anheuser-Busch InBev SA/NV from an “outperform” rating to a “neutral” rating in a report on Friday, January 12th. Jefferies Financial Group raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and upped their price target for the company from $60.00 to $76.00 in a report on Wednesday, January 10th. Finally, TD Cowen cut their price objective 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 data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target 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.