PDS Planning Inc Reduces Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

PDS Planning Inc trimmed its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 15.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,412 shares of the consumer goods maker’s stock after selling 608 shares during the quarter. PDS Planning Inc’s holdings in Anheuser-Busch InBev SA/NV were worth $220,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of BUD. Anchor Investment Management LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the fourth quarter valued at $26,000. Naples Money Management LLC purchased a new stake in Anheuser-Busch InBev SA/NV in the fourth quarter worth about $30,000. GPS Wealth Strategies Group LLC lifted its stake in Anheuser-Busch InBev SA/NV by 448.2% in the third quarter. GPS Wealth Strategies Group LLC now owns 603 shares of the consumer goods maker’s stock worth $33,000 after acquiring an additional 493 shares during the period. Cary Street Partners Investment Advisory LLC lifted its stake in Anheuser-Busch InBev SA/NV by 125.4% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 629 shares of the consumer goods maker’s stock worth $35,000 after acquiring an additional 350 shares during the period. Finally, Janiczek Wealth Management LLC lifted its stake in Anheuser-Busch InBev SA/NV by 111.0% in the fourth quarter. Janiczek Wealth Management LLC now owns 882 shares of the consumer goods maker’s stock worth $57,000 after acquiring an additional 464 shares during the period. 5.53% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Anheuser-Busch InBev SA/NV Stock Up 1.2 %

Shares of Anheuser-Busch InBev SA/NV stock opened at $60.18 on Wednesday. The firm’s 50 day moving average price is $60.80 and its 200-day moving average price is $61.01. The company has a market cap of $104.54 billion, a P/E ratio of 22.71, a PEG ratio of 1.80 and a beta of 1.13. The company has a quick ratio of 0.48, a current ratio of 0.63 and a debt-to-equity ratio of 0.80. Anheuser-Busch InBev SA/NV has a 52-week low of $51.66 and a 52-week high of $66.56.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its earnings results on Wednesday, February 28th. The consumer goods maker reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.06. The company had revenue of $14.47 billion during the quarter, compared to analysts’ expectations of $15.34 billion. Anheuser-Busch InBev SA/NV had a net margin of 8.99% and a return on equity of 13.57%. During the same period last year, the business earned $0.98 EPS. On average, sell-side analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Increases Dividend

The business also recently announced an annual dividend, which will be paid on Friday, June 7th. Investors of record on Monday, May 6th will be paid a $0.8722 dividend. The ex-dividend date of this dividend is Friday, May 3rd. This is a boost from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. This represents a yield of 1.1%. Anheuser-Busch InBev SA/NV’s dividend payout ratio (DPR) is 23.02%.

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.