Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC decreased its position in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 40.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm 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 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Clarkston Capital Partners LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV by 30.3% in the fourth quarter. Clarkston Capital Partners LLC now owns 1,493,842 shares of the consumer goods maker's stock valued at $74,797,000 after purchasing an additional 347,000 shares during the period. Raymond James Financial Inc. purchased a new position in Anheuser-Busch InBev SA/NV in the 4th quarter valued at approximately $37,311,000. Virtu Financial LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter worth $2,378,000. Merit Financial Group LLC increased its position in shares of 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 acquiring an additional 3,526 shares during the period. Finally, LPL Financial LLC raised its stake in shares of Anheuser-Busch InBev SA/NV by 32.7% in the fourth quarter. LPL Financial LLC now owns 160,261 shares of the consumer goods maker's stock valued at $8,024,000 after acquiring an additional 39,483 shares in the last quarter. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on BUD shares. Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research note on Monday, March 3rd. BNP Paribas raised shares of 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 upgraded shares of Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and raised their price objective for the company from $70.10 to $88.00 in a report on Monday, May 12th. Wall Street Zen downgraded shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research note on Sunday, May 18th. Finally, Argus upgraded 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 note on Thursday, March 27th. Two equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV has an average rating of "Buy" and an average price target of $71.50.

Anheuser-Busch InBev SA/NV Trading Up 0.8%

Shares of Anheuser-Busch InBev SA/NV stock traded up $0.54 during trading hours on Tuesday, reaching $69.26. The stock had a trading volume of 2,152,596 shares, compared to its average volume of 1,982,887. 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 has a 1 year low of $45.94 and a 1 year high of $72.13. The firm has a market capitalization of $124.47 billion, a price-to-earnings ratio of 20.08, a P/E/G ratio of 2.02 and a beta of 0.85. The firm has a 50 day simple moving average of $68.64 and a two-hundred day simple moving average of $59.99.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The consumer goods maker reported $0.81 EPS 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%. The business's revenue was down 6.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.75 EPS. As a group, equities research 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 business also recently announced an annual dividend, which was paid on Friday, June 6th. Stockholders of record on Wednesday, May 7th were paid a $1.0492 dividend. This represents a dividend yield of 1.2%. The ex-dividend date of this dividend was Wednesday, May 7th. This is a positive change from Anheuser-Busch InBev SA/NV's previous annual dividend of $0.87. Anheuser-Busch InBev SA/NV's dividend payout ratio is 24.64%.

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.