Greenleaf Trust Lowers Stake in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Greenleaf Trust lowered its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 78.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,522 shares of the consumer goods maker’s stock after selling 12,948 shares during the period. Greenleaf Trust’s holdings in Anheuser-Busch InBev SA/NV were worth $228,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Anchor Investment Management LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV during the fourth quarter worth $26,000. Naples Money Management LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV during the fourth quarter worth $30,000. GPS Wealth Strategies Group LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 448.2% during the third quarter. GPS Wealth Strategies Group LLC now owns 603 shares of the consumer goods maker’s stock worth $33,000 after purchasing an additional 493 shares in the last quarter. Cary Street Partners Investment Advisory LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 125.4% during the third 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 in the last quarter. Finally, Janiczek Wealth Management LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 111.0% during the fourth 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 in the last quarter. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Price Performance

NYSE BUD opened at $60.26 on Thursday. 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 stock’s fifty day moving average price is $60.76 and its 200 day moving average price is $61.01. Anheuser-Busch InBev SA/NV has a 1 year low of $51.66 and a 1 year high of $66.56. The company has a market cap of $104.68 billion, a price-to-earnings ratio of 22.74, a PEG ratio of 1.80 and a beta of 1.13.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its earnings results on Wednesday, February 28th. The consumer goods maker reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.06. Anheuser-Busch InBev SA/NV had a return on equity of 13.57% and a net margin of 8.99%. The firm had revenue of $14.47 billion for the quarter, compared to the consensus estimate of $15.34 billion. During the same period in the prior year, the firm earned $0.98 EPS. As a group, equities 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 declared an annual dividend, which will be paid on Friday, June 7th. Shareholders of record on Monday, May 6th will be issued a $0.8722 dividend. This represents a yield of 1.1%. This is a positive change from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. The ex-dividend date of this dividend is Friday, May 3rd. Anheuser-Busch InBev SA/NV’s dividend payout ratio is presently 23.02%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. TD Cowen reduced their price target on Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 5th. Jefferies Financial Group raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and upped their price target for the stock from $60.00 to $76.00 in a research report on Wednesday, January 10th. Finally, BNP Paribas downgraded Anheuser-Busch InBev SA/NV from an “outperform” rating to a “neutral” rating in a research report on Friday, January 12th. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $71.70.

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.