Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Sold by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. reduced its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 17.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,547 shares of the consumer goods maker’s stock after selling 1,612 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $488,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in BUD. Anchor Investment Management LLC purchased a new position in Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $26,000. Naples Money Management LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at $30,000. Cary Street Partners Investment Advisory LLC raised its stake in Anheuser-Busch InBev SA/NV by 125.4% during the 3rd 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 in the last quarter. Russell Investments Group Ltd. lifted its position in Anheuser-Busch InBev SA/NV by 116.5% in the fourth quarter. Russell Investments Group Ltd. now owns 643 shares of the consumer goods maker’s stock valued at $42,000 after acquiring an additional 346 shares during the last quarter. Finally, Janiczek Wealth Management LLC grew its holdings 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 during the last quarter. Institutional investors and hedge funds own 5.53% of the company’s stock.

Analyst Ratings Changes

Separately, TD Cowen decreased their target price on Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an “outperform” rating for the company in a research report on Tuesday, March 5th. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $72.13.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD opened at $59.06 on Monday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.48 and a current ratio of 0.63. Anheuser-Busch InBev SA/NV has a fifty-two week low of $51.66 and a fifty-two week high of $67.49. The firm has a 50-day simple moving average of $61.71 and a 200-day simple moving average of $62.23. The company has a market capitalization of $106.14 billion, a price-to-earnings ratio of 24.82, a price-to-earnings-growth ratio of 1.39 and a beta of 1.12.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings data on Wednesday, May 8th. The consumer goods maker reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates 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 company had revenue of $14.55 billion during the quarter, compared to analysts’ expectations of $14.43 billion. During the same period last year, the firm earned $0.65 EPS. The firm’s revenue for the quarter was up 2.3% on a year-over-year basis. On average, equities research analysts anticipate 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 company also recently disclosed an annual dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, May 6th were given a dividend of $0.8722 per share. The ex-dividend date of this dividend was Friday, May 3rd. This represents a yield of 1.1%. This is an increase from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. Anheuser-Busch InBev SA/NV’s dividend payout ratio is presently 27.31%.

About Anheuser-Busch InBev SA/NV

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.