Scotia Capital Inc. Trims Stock Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Scotia Capital Inc. decreased its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUDFree Report) by 3.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,508 shares of the consumer goods maker’s stock after selling 262 shares during the period. Scotia Capital Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $485,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of BUD. Catalytic Wealth RIA LLC acquired a new position in Anheuser-Busch InBev SA/NV during the fourth quarter worth about $462,000. Capstone Investment Advisors LLC grew its position in shares of Anheuser-Busch InBev SA/NV by 141.6% in the fourth quarter. Capstone Investment Advisors LLC now owns 9,129 shares of the consumer goods maker’s stock valued at $590,000 after purchasing an additional 5,351 shares during the last quarter. Stifel Financial Corp grew its position in shares of Anheuser-Busch InBev SA/NV by 6.2% in the fourth quarter. Stifel Financial Corp now owns 148,098 shares of the consumer goods maker’s stock valued at $9,570,000 after purchasing an additional 8,584 shares during the last quarter. Nations Financial Group Inc. IA ADV acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $214,000. Finally, Team Hewins LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $294,000. Institutional investors and hedge funds own 5.53% of the company’s stock.

Analyst Upgrades and Downgrades

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. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $71.70.

View Our Latest Research Report on Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV Stock Performance

Anheuser-Busch InBev SA/NV stock opened at $62.14 on Wednesday. Anheuser-Busch InBev SA/NV has a 12-month low of $51.66 and a 12-month high of $67.49. The company has a market capitalization of $107.95 billion, a price-to-earnings ratio of 26.11, a price-to-earnings-growth ratio of 1.47 and a beta of 1.12. 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’s fifty day moving average price is $61.60 and its 200 day moving average price is $62.43.

Anheuser-Busch InBev SA/NV (NYSE:BUDGet Free Report) last posted its quarterly earnings results on Wednesday, May 8th. The consumer goods maker reported $0.75 EPS for the quarter, beating the consensus estimate of $0.69 by $0.06. Anheuser-Busch InBev SA/NV had a net margin of 8.03% and a return on equity of 14.01%. The business had revenue of $14.55 billion during the quarter, compared to analyst estimates of $14.43 billion. During the same period in the previous year, the business posted $0.65 EPS. The company’s quarterly revenue was up 2.3% on a year-over-year basis. On average, research analysts forecast that Anheuser-Busch InBev SA/NV will post 3.42 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. Stockholders of record on Monday, May 6th will be paid a $0.8722 dividend. This is a positive change from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. This represents a dividend yield of 1.1%. The ex-dividend date is Friday, May 3rd. Anheuser-Busch InBev SA/NV’s dividend payout ratio is currently 27.31%.

Anheuser-Busch InBev SA/NV Company 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.

Further Reading

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

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