PDS Planning Inc Sells 608 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

PDS Planning Inc reduced its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 15.1% during the 4th quarter, according to the company in its most recent 13F filing 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 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. CWM LLC raised its holdings in Anheuser-Busch InBev SA/NV by 67.1% in the 4th quarter. CWM LLC now owns 6,731 shares of the consumer goods maker’s stock valued at $435,000 after acquiring an additional 2,702 shares during the period. Naples Money Management LLC bought a new position in shares of Anheuser-Busch InBev SA/NV during the fourth quarter worth approximately $30,000. Simplicity Solutions LLC increased its holdings in shares of Anheuser-Busch InBev SA/NV by 61.5% during the fourth quarter. Simplicity Solutions LLC now owns 24,851 shares of the consumer goods maker’s stock worth $1,606,000 after purchasing an additional 9,465 shares during the period. NewEdge Wealth LLC increased its holdings in shares of Anheuser-Busch InBev SA/NV by 10.6% during the fourth quarter. NewEdge Wealth LLC now owns 10,778 shares of the consumer goods maker’s stock worth $696,000 after purchasing an additional 1,033 shares during the period. Finally, Janiczek Wealth Management LLC increased 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 period. 5.53% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently commented on BUD. TD Cowen lowered their target price on shares of Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an “outperform” rating on the stock in a report on Tuesday, March 5th. BNP Paribas lowered shares of Anheuser-Busch InBev SA/NV from an “outperform” rating to a “neutral” rating in a research report on Friday, January 12th. Finally, Jefferies Financial Group upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and increased their price target for the stock from $60.00 to $76.00 in a research report on Wednesday, January 10th. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $71.70.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of Anheuser-Busch InBev SA/NV stock opened at $60.18 on Wednesday. Anheuser-Busch InBev SA/NV has a fifty-two week low of $51.66 and a fifty-two week high of $66.56. 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 has a market capitalization of $104.54 billion, a P/E ratio of 22.71, a P/E/G ratio of 1.80 and a beta of 1.13. The company’s 50 day moving average price is $60.80 and its two-hundred day moving average price is $61.01.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its earnings results on Wednesday, February 28th. The consumer goods maker reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.76 by $0.06. Anheuser-Busch InBev SA/NV had a net margin of 8.99% and a return on equity of 13.57%. The firm had revenue of $14.47 billion for the quarter, compared to analyst estimates of $15.34 billion. During the same quarter last year, the business posted $0.98 earnings per share. On average, equities analysts forecast 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 business also recently announced an annual dividend, which will be paid on Friday, June 7th. Shareholders of record on Monday, May 6th will be given a $0.8722 dividend. The ex-dividend date of this dividend is Friday, May 3rd. This represents a yield of 1.1%. This is a positive change from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. Anheuser-Busch InBev SA/NV’s dividend payout ratio (DPR) is currently 23.02%.

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.