OneDigital Investment Advisors LLC Reduces Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

OneDigital Investment Advisors LLC cut its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 24.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,434 shares of the consumer goods maker’s stock after selling 1,456 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $273,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Checchi Capital Advisers LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the first quarter valued at $219,000. Pinnacle Financial Partners Inc purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the first quarter valued at $2,341,000. FSM Wealth Advisors LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the first quarter valued at $211,000. Rossby Financial LCC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the first quarter valued at $49,000. Finally, Vontobel Holding Ltd. grew its holdings in shares of Anheuser-Busch InBev SA/NV by 2.3% during the first quarter. Vontobel Holding Ltd. now owns 7,678 shares of the consumer goods maker’s stock valued at $473,000 after buying an additional 174 shares during the last quarter. 5.53% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

BUD has been the topic of a number of research analyst reports. BNP Paribas raised shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “strong-buy” rating in a report on Friday, May 30th. Berenberg Bank assumed coverage on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, April 2nd. They set a “buy” rating for the company. Argus upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 target price for the company in a research report on Thursday, March 27th. Wall Street Zen downgraded shares of Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a research report on Sunday, May 18th. Finally, The Goldman Sachs Group upgraded shares of Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating and boosted their target price for the company from $70.10 to $88.00 in a research report on Monday, May 12th. Two research analysts have rated the stock with a hold rating, six have given a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, Anheuser-Busch InBev SA/NV currently has a consensus rating of “Buy” and a consensus target price of $71.50.

Anheuser-Busch InBev SA/NV Trading Down 0.2%

Shares of Anheuser-Busch InBev SA/NV stock opened at $67.47 on Friday. The firm has a 50-day simple moving average of $69.12 and a two-hundred day simple moving average of $61.03. The company has a market cap of $121.26 billion, a P/E ratio of 19.56, a price-to-earnings-growth ratio of 1.77 and a beta of 0.82. Anheuser-Busch InBev SA/NV has a fifty-two week low of $45.94 and a fifty-two week high of $72.13. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.54 and a current ratio of 0.70.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings data on Thursday, May 8th. The consumer goods maker reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.77 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 11.74% and a return on equity of 16.09%. The business’s revenue was down 6.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.75 earnings per share. As a group, equities analysts predict 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 company also recently disclosed an annual dividend, which was paid on Friday, June 6th. Shareholders of record on Wednesday, May 7th were given a $1.0492 dividend. The ex-dividend date of this dividend was Wednesday, May 7th. This represents a dividend yield of 1.2%. This is an increase from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.87. Anheuser-Busch InBev SA/NV’s dividend payout ratio is 24.64%.

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.