Laurel Wealth Advisors LLC Sells 200 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Laurel Wealth Advisors LLC decreased its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 8.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,133 shares of the consumer goods maker’s stock after selling 200 shares during the quarter. Laurel Wealth Advisors LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $138,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BUD. The Manufacturers Life Insurance Company boosted its position in shares of Anheuser-Busch InBev SA/NV by 11.6% during the third quarter. The Manufacturers Life Insurance Company now owns 10,367,287 shares of the consumer goods maker’s stock worth $573,311,000 after acquiring an additional 1,077,724 shares during the last quarter. Armistice Capital LLC bought a new position in Anheuser-Busch InBev SA/NV during the third quarter valued at $38,876,000. DAVENPORT & Co LLC lifted its position in Anheuser-Busch InBev SA/NV by 25.9% during the fourth quarter. DAVENPORT & Co LLC now owns 1,507,181 shares of the consumer goods maker’s stock valued at $97,415,000 after purchasing an additional 309,977 shares during the last quarter. International Assets Investment Management LLC bought a new position in Anheuser-Busch InBev SA/NV during the fourth quarter valued at $136,630,000. Finally, Brandes Investment Partners LP lifted its position in Anheuser-Busch InBev SA/NV by 52.7% during the fourth quarter. Brandes Investment Partners LP now owns 301,882 shares of the consumer goods maker’s stock valued at $19,508,000 after purchasing an additional 104,209 shares during the last quarter. Institutional investors own 5.53% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Jefferies Financial Group upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and increased their price objective for the company from $60.00 to $76.00 in a research report on Wednesday, January 10th. TD Cowen lowered their price objective on shares of Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an “outperform” rating for the company in a research report on Tuesday, March 5th. Finally, 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. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $71.70.

Anheuser-Busch InBev SA/NV Trading Up 0.1 %

Shares of Anheuser-Busch InBev SA/NV stock traded up $0.07 during trading on Friday, hitting $60.01. The stock had a trading volume of 1,159,616 shares, compared to its average volume of 1,684,046. The firm’s fifty day simple moving average is $60.65 and its 200-day simple moving average is $61.15. The stock has a market cap of $104.25 billion, a PE ratio of 22.65, a PEG ratio of 1.81 and a beta of 1.13. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.63 and a quick ratio of 0.48. Anheuser-Busch InBev SA/NV has a 12 month low of $51.66 and a 12 month high of $66.32.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings results on Wednesday, February 28th. The consumer goods maker reported $0.82 EPS for the quarter, topping the consensus estimate of $0.76 by $0.06. The company had revenue of $14.47 billion for the quarter, compared to the consensus estimate 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 quarter last year, the firm posted $0.98 EPS. As a group, sell-side 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 business also recently declared 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%. The ex-dividend date is Friday, May 3rd. This is an increase from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. Anheuser-Busch InBev SA/NV’s dividend payout ratio (DPR) is currently 23.02%.

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.