Janney Montgomery Scott LLC Has $899,000 Stock Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Janney Montgomery Scott LLC trimmed its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 40.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,597 shares of the consumer goods maker's stock after selling 9,754 shares during the quarter. Janney Montgomery Scott LLC's holdings in Anheuser-Busch InBev SA/NV were worth $899,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Clarkston Capital Partners LLC increased its position in Anheuser-Busch InBev SA/NV by 30.3% during the fourth quarter. Clarkston Capital Partners LLC now owns 1,493,842 shares of the consumer goods maker's stock worth $74,797,000 after buying an additional 347,000 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Anheuser-Busch InBev SA/NV during the fourth quarter worth $37,311,000. Virtu Financial LLC acquired a new position in Anheuser-Busch InBev SA/NV during the fourth quarter worth $2,378,000. Merit Financial Group LLC increased its position in Anheuser-Busch InBev SA/NV by 31.7% during the first quarter. Merit Financial Group LLC now owns 14,635 shares of the consumer goods maker's stock worth $901,000 after buying an additional 3,526 shares during the last quarter. Finally, LPL Financial LLC increased its position in Anheuser-Busch InBev SA/NV by 32.7% during the fourth quarter. LPL Financial LLC now owns 160,261 shares of the consumer goods maker's stock worth $8,024,000 after buying an additional 39,483 shares during the last quarter. 5.53% of the stock is owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Stock Performance

BUD stock traded down $0.41 during trading on Friday, reaching $68.93. 1,144,845 shares of the stock were exchanged, compared to its average volume of 1,983,091. Anheuser-Busch InBev SA/NV has a twelve month low of $45.94 and a twelve month high of $72.13. The company has a market capitalization of $123.88 billion, a P/E ratio of 19.98, a price-to-earnings-growth ratio of 1.81 and a beta of 0.82. The stock has a 50 day simple moving average of $68.81 and a 200-day simple moving average of $60.23. The company has a current ratio of 0.70, a quick ratio of 0.54 and a debt-to-equity ratio of 0.80.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last released its earnings results on Thursday, May 8th. The consumer goods maker reported $0.81 earnings per share for the quarter, topping analysts' consensus estimates of $0.77 by $0.04. Anheuser-Busch InBev SA/NV had a return on equity of 16.09% and a net margin of 11.74%. During the same quarter in the prior year, the firm earned $0.75 EPS. The company's revenue for the quarter was down 6.3% compared to the same quarter last year. As a group, sell-side analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Anheuser-Busch InBev SA/NV Increases Dividend

The firm also recently declared an annual dividend, which was paid on Friday, June 6th. Shareholders of record on Wednesday, May 7th were paid a dividend of $1.0492 per share. This is a boost from Anheuser-Busch InBev SA/NV's previous annual dividend of $0.87. The ex-dividend date of this dividend was Wednesday, May 7th. This represents a yield of 1.2%. Anheuser-Busch InBev SA/NV's dividend payout ratio (DPR) is currently 24.64%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Argus raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 price target on the stock in a research report on Thursday, March 27th. BNP Paribas raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a research report on Friday, May 30th. The Goldman Sachs Group raised Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and raised their price target for the company from $70.10 to $88.00 in a research report on Monday, May 12th. Berenberg Bank assumed coverage on Anheuser-Busch InBev SA/NV in a research report on Wednesday, April 2nd. They issued a "buy" rating on the stock. Finally, Wall Street Zen downgraded Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research report on Sunday, May 18th. Two investment analysts have rated the stock with a hold rating, six have issued a buy rating and three have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV presently has a consensus rating of "Buy" and a consensus price target of $71.50.

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.