Team Hewins LLC Sells 625 Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD)

Team Hewins LLC trimmed its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 13.7% in the first quarter, Holdings Channel.com reports. The firm owned 3,931 shares of the consumer goods maker’s stock after selling 625 shares during the period. Team Hewins LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $239,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Capital International Investors increased its position in Anheuser-Busch InBev SA/NV by 0.9% in the fourth quarter. Capital International Investors now owns 2,124,860 shares of the consumer goods maker’s stock worth $137,447,000 after purchasing an additional 18,280 shares during the period. DAVENPORT & Co LLC grew its position in shares of Anheuser-Busch InBev SA/NV by 25.9% during the 4th quarter. DAVENPORT & Co LLC now owns 1,507,181 shares of the consumer goods maker’s stock worth $97,415,000 after buying an additional 309,977 shares during the period. Seafarer Capital Partners LLC grew its position in shares of Anheuser-Busch InBev SA/NV by 20.2% during the 1st quarter. Seafarer Capital Partners LLC now owns 952,000 shares of the consumer goods maker’s stock worth $57,863,000 after buying an additional 160,000 shares during the period. Wells Fargo & Company MN grew its position in shares of Anheuser-Busch InBev SA/NV by 4.4% during the 4th quarter. Wells Fargo & Company MN now owns 873,977 shares of the consumer goods maker’s stock worth $56,476,000 after buying an additional 37,084 shares during the period. Finally, Penn Davis Mcfarland Inc. grew its position in shares of Anheuser-Busch InBev SA/NV by 16.9% during the 1st quarter. Penn Davis Mcfarland Inc. now owns 349,838 shares of the consumer goods maker’s stock worth $21,263,000 after buying an additional 50,582 shares during the period. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on BUD shares. Morgan Stanley decreased their target price on Anheuser-Busch InBev SA/NV from $70.00 to $68.50 and set an “overweight” rating for the company in a research report on Tuesday, July 2nd. 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 issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $72.13.

Anheuser-Busch InBev SA/NV Stock Up 1.5 %

NYSE BUD traded up $0.92 during trading on Thursday, hitting $61.21. The stock had a trading volume of 605,532 shares, compared to its average volume of 1,840,696. The company has a market capitalization of $110.01 billion, a PE ratio of 25.67, a P/E/G ratio of 1.64 and a beta of 1.10. The company’s 50-day moving average price is $61.81 and its two-hundred day moving average price is $61.90. 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 12 month low of $51.66 and a 12 month high of $67.49.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its earnings results on Wednesday, May 8th. The consumer goods maker reported $0.75 EPS for the quarter, beating the consensus estimate of $0.69 by $0.06. The firm had revenue of $14.55 billion for the quarter, compared to analysts’ expectations of $14.43 billion. Anheuser-Busch InBev SA/NV had a return on equity of 14.01% and a net margin of 8.03%. The business’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.65 EPS. As a group, sell-side analysts forecast that Anheuser-Busch InBev SA/NV will post 3.36 EPS for the current year.

Anheuser-Busch InBev SA/NV Increases Dividend

The business also recently declared 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. This is a positive change from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. The ex-dividend date was Friday, May 3rd. This represents a dividend yield of 1.1%. Anheuser-Busch InBev SA/NV’s payout ratio is 27.31%.

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.