Pinnacle Wealth Planning Services Inc. Decreases Position in Anheuser-Busch InBev SA/NV $BUD

Pinnacle Wealth Planning Services Inc. lessened its stake in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 14.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,313 shares of the consumer goods maker’s stock after selling 1,062 shares during the quarter. Pinnacle Wealth Planning Services Inc.’s holdings in Anheuser-Busch InBev SA/NV were worth $434,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Dodge & Cox raised its stake in shares of Anheuser-Busch InBev SA/NV by 2.8% in the first quarter. Dodge & Cox now owns 41,116,138 shares of the consumer goods maker’s stock valued at $2,531,109,000 after buying an additional 1,119,308 shares during the period. Hotchkis & Wiley Capital Management LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 7.3% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 2,790,240 shares of the consumer goods maker’s stock worth $171,767,000 after acquiring an additional 190,830 shares during the period. Clarkston Capital Partners LLC increased its holdings in Anheuser-Busch InBev SA/NV by 0.3% in the 1st quarter. Clarkston Capital Partners LLC now owns 1,498,297 shares of the consumer goods maker’s stock worth $92,235,000 after acquiring an additional 4,455 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in Anheuser-Busch InBev SA/NV by 25.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,318,248 shares of the consumer goods maker’s stock valued at $81,151,000 after acquiring an additional 265,783 shares during the period. Finally, Northern Trust Corp raised its stake in Anheuser-Busch InBev SA/NV by 14.0% in the 1st quarter. Northern Trust Corp now owns 967,550 shares of the consumer goods maker’s stock valued at $59,562,000 after acquiring an additional 118,775 shares during the period. 5.53% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on BUD. Sanford C. Bernstein reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, October 21st. UBS Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, October 31st. The Goldman Sachs Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, October 31st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, November 13th. Finally, DZ Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, November 7th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $71.00.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE BUD opened at $61.16 on Wednesday. The company’s 50 day simple moving average is $60.70 and its two-hundred day simple moving average is $64.43. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.64 and a quick ratio of 0.48. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $72.13. The stock has a market capitalization of $119.42 billion, a PE ratio of 17.18, a P/E/G ratio of 1.75 and a beta of 0.76.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings results on Thursday, October 30th. The consumer goods maker reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.02. Anheuser-Busch InBev SA/NV had a net margin of 12.16% and a return on equity of 16.21%. Anheuser-Busch InBev SA/NV’s revenue for the quarter was up .6% compared to the same quarter last year. During the same quarter last year, the company posted $0.98 earnings per share. Analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Anheuser-Busch InBev SA/NV Announces Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Wednesday, November 19th will be paid a $0.1722 dividend. This represents a yield of 56.0%. The ex-dividend date is Wednesday, November 19th. Anheuser-Busch InBev SA/NV’s dividend payout ratio is currently 7.84%.

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.