Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Sold by Blue Trust Inc.

Blue Trust Inc. decreased its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 31.0% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,424 shares of the consumer goods maker’s stock after selling 641 shares during the quarter. Blue Trust Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $88,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. NBC Securities Inc. acquired a new position in Anheuser-Busch InBev SA/NV in the first quarter worth approximately $32,000. Rakuten Securities Inc. grew its position in Anheuser-Busch InBev SA/NV by 2,722.7% during the 4th quarter. Rakuten Securities Inc. now owns 621 shares of the consumer goods maker’s stock worth $31,000 after purchasing an additional 599 shares in the last quarter. ST Germain D J Co. Inc. purchased a new position in Anheuser-Busch InBev SA/NV during the 1st quarter worth approximately $41,000. Whipplewood Advisors LLC purchased a new position in Anheuser-Busch InBev SA/NV during the 4th quarter worth approximately $36,000. Finally, Measured Risk Portfolios Inc. purchased a new position in Anheuser-Busch InBev SA/NV during the 4th quarter worth approximately $40,000. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Trading Down 2.4%

Shares of NYSE:BUD opened at $68.52 on Thursday. The firm has a fifty day moving average of $68.45 and a two-hundred day moving average of $59.57. The firm has a market capitalization of $123.14 billion, a P/E ratio of 19.86, a price-to-earnings-growth ratio of 2.07 and a beta of 0.85. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $72.13. The company has a quick ratio of 0.54, a current ratio of 0.70 and a debt-to-equity ratio of 0.80.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its earnings results on Thursday, May 8th. The consumer goods maker reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.77 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 11.74% and a return on equity of 16.09%. During the same quarter last year, the company posted $0.75 earnings per share. The firm’s revenue for the quarter was down 6.3% on a year-over-year basis. On average, equities analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Increases Dividend

The firm also recently disclosed an annual dividend, which was paid on Friday, June 6th. Investors of record on Wednesday, May 7th were paid a $1.0492 dividend. This represents a dividend yield of 1.2%. The ex-dividend date was Wednesday, May 7th. This is a positive change from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.87. Anheuser-Busch InBev SA/NV’s payout ratio is presently 24.64%.

Analyst Ratings Changes

BUD has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research report on Monday, March 3rd. Berenberg Bank initiated coverage on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, April 2nd. They set a “buy” rating on the stock. Argus upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 price objective on the stock in a research report on Thursday, March 27th. BNP Paribas upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 30th. Finally, The Goldman Sachs Group upgraded shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $70.10 to $88.00 in a research report on Monday, May 12th. Two equities research analysts have rated the stock with a hold rating, six have issued a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $71.50.

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.