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

Nuveen Asset Management LLC lessened its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 14.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,052,935 shares of the consumer goods maker’s stock after selling 182,657 shares during the quarter. Nuveen Asset Management LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $52,720,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Callan Capital LLC increased its holdings in Anheuser-Busch InBev SA/NV by 2.2% in the 4th quarter. Callan Capital LLC now owns 10,607 shares of the consumer goods maker’s stock worth $531,000 after buying an additional 229 shares during the period. Moors & Cabot Inc. increased its holdings in Anheuser-Busch InBev SA/NV by 4.6% in the 4th quarter. Moors & Cabot Inc. now owns 5,329 shares of the consumer goods maker’s stock worth $267,000 after buying an additional 234 shares during the period. Farther Finance Advisors LLC increased its holdings in Anheuser-Busch InBev SA/NV by 25.7% in the 4th quarter. Farther Finance Advisors LLC now owns 1,298 shares of the consumer goods maker’s stock worth $65,000 after buying an additional 265 shares during the period. Balanced Rock Investment Advisors LLC increased its holdings in Anheuser-Busch InBev SA/NV by 4.4% in the 4th quarter. Balanced Rock Investment Advisors LLC now owns 8,560 shares of the consumer goods maker’s stock worth $429,000 after buying an additional 361 shares during the period. Finally, Beacon Pointe Advisors LLC increased its holdings in Anheuser-Busch InBev SA/NV by 0.9% in the 4th quarter. Beacon Pointe Advisors LLC now owns 47,733 shares of the consumer goods maker’s stock worth $2,390,000 after buying an additional 433 shares during the period. Institutional investors and hedge funds own 5.53% of the company’s stock.

Analysts Set New Price Targets

BUD has been the topic of several research reports. The Goldman Sachs Group upgraded shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating and increased their price target for the stock from $70.10 to $88.00 in a report on Monday, May 12th. Deutsche Bank Aktiengesellschaft upgraded Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research report on Monday, March 3rd. Argus upgraded 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. Berenberg Bank started coverage on Anheuser-Busch InBev SA/NV in a research report on Wednesday, April 2nd. They issued a “buy” rating on the stock. Finally, StockNews.com lowered Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a research report on Sunday. Two equities research analysts have rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Anheuser-Busch InBev SA/NV currently has an average rating of “Buy” and an average target price of $71.50.

Anheuser-Busch InBev SA/NV Trading Down 0.0%

Shares of NYSE:BUD opened at $67.51 on Monday. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $68.01. The firm has a market capitalization of $121.33 billion, a price-to-earnings ratio of 20.84, a price-to-earnings-growth ratio of 1.73 and a beta of 0.83. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. The business’s 50 day moving average price is $63.74 and its 200-day moving average price is $56.74.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced 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 return on equity of 15.29% and a net margin of 10.98%. During the same quarter last year, the business posted $0.75 EPS. The firm’s revenue was down 6.3% on a year-over-year basis. On average, equities research analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Anheuser-Busch InBev SA/NV Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Friday, June 6th. Stockholders of record on Wednesday, May 7th will be given a dividend of $1.0492 per share. This is a positive change from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.87. The ex-dividend date of this dividend is Wednesday, May 7th. This represents a dividend yield of 1.2%. Anheuser-Busch InBev SA/NV’s dividend payout ratio (DPR) is 22.32%.

Anheuser-Busch InBev SA/NV Company 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.