1832 Asset Management L.P. Has $440,000 Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

1832 Asset Management L.P. trimmed its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUDFree Report) by 86.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,809 shares of the consumer goods maker’s stock after selling 42,448 shares during the period. 1832 Asset Management L.P.’s holdings in Anheuser-Busch InBev SA/NV were worth $440,000 at the end of the most recent reporting period.

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

Anheuser-Busch InBev SA/NV Trading Down 1.0 %

NYSE BUD opened at $61.60 on Tuesday. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.63 and a quick ratio of 0.48. The firm has a market cap of $107.01 billion, a P/E ratio of 25.88, a P/E/G ratio of 1.45 and a beta of 1.12. The stock’s 50-day moving average is $61.72 and its 200-day moving average is $62.43. Anheuser-Busch InBev SA/NV has a one year low of $51.66 and a one year high of $67.49.

Anheuser-Busch InBev SA/NV (NYSE:BUDGet Free Report) last released its quarterly earnings results on Wednesday, May 8th. The consumer goods maker reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.06. Anheuser-Busch InBev SA/NV had a return on equity of 14.01% and a net margin of 8.03%. The firm had revenue of $14.55 billion for the quarter, compared to the consensus estimate of $14.43 billion. During the same quarter last year, the business posted $0.65 EPS. The company’s revenue for the quarter was up 2.3% on a year-over-year basis. Sell-side analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.42 earnings per share for the current fiscal year.

Anheuser-Busch InBev SA/NV Increases Dividend

The firm also recently announced an annual dividend, which was paid on Friday, June 7th. Investors of record on Monday, May 6th were given a $0.8722 dividend. The ex-dividend date of this dividend was Friday, May 3rd. This represents a yield of 1.1%. 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 27.31%.

Analyst Ratings Changes

Separately, TD Cowen reduced 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 research note on Tuesday, March 5th. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $72.13.

View Our Latest Stock Analysis on BUD

Anheuser-Busch InBev SA/NV Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Anheuser-Busch InBev SA/NV (NYSE:BUD)

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