Founders Financial Securities LLC Sells 1,089 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Founders Financial Securities LLC lessened its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 6.4% during the first quarter, HoldingsChannel reports. The firm owned 16,029 shares of the consumer goods maker’s stock after selling 1,089 shares during the period. Founders Financial Securities LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $974,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of the company. DGS Capital Management LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV during the 1st quarter valued at $293,000. Future Financial Wealth Managment LLC bought a new position in Anheuser-Busch InBev SA/NV during the first quarter worth about $61,000. RMR Wealth Builders purchased a new position in shares of Anheuser-Busch InBev SA/NV in the first quarter worth about $248,000. CHICAGO TRUST Co NA raised its position in shares of Anheuser-Busch InBev SA/NV by 1.9% in the first quarter. CHICAGO TRUST Co NA now owns 10,579 shares of the consumer goods maker’s stock valued at $643,000 after purchasing an additional 196 shares during the period. Finally, Northwest Investment Counselors LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 1st quarter valued at approximately $115,000. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD traded down $0.91 during mid-day trading on Friday, reaching $58.15. 2,152,414 shares of the stock traded hands, compared to its average volume of 1,216,395. The company has a market cap of $104.51 billion, a price-to-earnings ratio of 24.43, a price-to-earnings-growth ratio of 1.38 and a beta of 1.12. Anheuser-Busch InBev SA/NV has a 1 year low of $51.66 and a 1 year high of $67.49. The firm has a fifty day moving average price of $61.88 and a 200 day moving average price of $62.12. The company has a current ratio of 0.63, a quick ratio of 0.48 and a debt-to-equity ratio of 0.80.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its earnings results on Wednesday, May 8th. The consumer goods maker reported $0.75 EPS for the quarter, topping the consensus estimate of $0.69 by $0.06. Anheuser-Busch InBev SA/NV had a return on equity of 14.01% and a net margin of 8.03%. The business had revenue of $14.55 billion during the quarter, compared to analysts’ expectations of $14.43 billion. During the same period in the previous year, the business earned $0.65 earnings per share. The firm’s revenue was up 2.3% on a year-over-year basis. As a group, equities research analysts predict that Anheuser-Busch InBev SA/NV will post 3.42 earnings per share for the current year.

Anheuser-Busch InBev SA/NV Increases Dividend

The business also recently disclosed an annual dividend, which was paid on Friday, June 7th. Investors of record on Monday, May 6th were given a $0.8722 dividend. This represents a dividend yield of 1.1%. This is a boost from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. The ex-dividend date of this dividend was Friday, May 3rd. Anheuser-Busch InBev SA/NV’s dividend payout ratio is 27.31%.

Wall Street Analysts Forecast Growth

BUD has been the subject of a number of recent research reports. 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 for the company in a research note on Tuesday, March 5th. UBS Group upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Monday, June 24th. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $72.13.

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.