Callan Capital LLC Has $919,000 Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Callan Capital LLC increased its position in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 40.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,929 shares of the consumer goods maker's stock after purchasing an additional 4,322 shares during the period. Callan Capital LLC's holdings in Anheuser-Busch InBev SA/NV were worth $919,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Clarkston Capital Partners LLC increased its stake in Anheuser-Busch InBev SA/NV by 30.3% during the 4th quarter. Clarkston Capital Partners LLC now owns 1,493,842 shares of the consumer goods maker's stock worth $74,797,000 after acquiring an additional 347,000 shares during the period. Sequoia Financial Advisors LLC increased its stake in Anheuser-Busch InBev SA/NV by 224.7% during the 1st quarter. Sequoia Financial Advisors LLC now owns 25,254 shares of the consumer goods maker's stock worth $1,555,000 after acquiring an additional 17,476 shares during the period. Raymond James Financial Inc. bought a new position in Anheuser-Busch InBev SA/NV during the 4th quarter worth $37,311,000. Virtu Financial LLC bought a new position in Anheuser-Busch InBev SA/NV during the 4th quarter worth $2,378,000. Finally, Merit Financial Group LLC increased its stake in Anheuser-Busch InBev SA/NV by 31.7% during the 1st 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. 5.53% of the stock is owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Trading Down 0.6%

Shares of BUD opened at $68.93 on Monday. Anheuser-Busch InBev SA/NV has a 52-week low of $45.94 and a 52-week high of $72.13. The business's fifty day moving average is $68.89 and its 200-day moving average is $60.50. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.54 and a current ratio of 0.70. The firm has a market cap of $123.88 billion, a price-to-earnings ratio of 19.98, a PEG ratio of 1.81 and a beta of 0.82.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The consumer goods maker reported $0.81 earnings per share for the quarter, beating the consensus estimate 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 business posted $0.75 EPS. The business's revenue for the quarter was down 6.3% on a year-over-year basis. Equities analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Increases Dividend

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

Analyst Ratings Changes

A number of equities analysts have commented on BUD shares. BNP Paribas upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 30th. The Goldman Sachs Group upgraded Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $70.10 to $88.00 in a research note on Monday, May 12th. Wall Street Zen lowered Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research note on Sunday, May 18th. Berenberg Bank assumed coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They issued a "buy" rating on the stock. 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 investment analysts have rated the stock with a hold rating, six have given a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $71.50.

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.

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