Stifel Financial Corp Trims Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Stifel Financial Corp trimmed its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 25.3% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 124,689 shares of the consumer goods maker's stock after selling 42,183 shares during the period. Stifel Financial Corp's holdings in Anheuser-Busch InBev SA/NV were worth $6,243,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Dodge & Cox raised its position in Anheuser-Busch InBev SA/NV by 27.7% in the fourth quarter. Dodge & Cox now owns 39,996,830 shares of the consumer goods maker's stock valued at $2,002,641,000 after purchasing an additional 8,670,940 shares during the period. Artisan Partners Limited Partnership purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at $56,849,000. Raymond James Financial Inc. acquired a new position in Anheuser-Busch InBev SA/NV during the 4th quarter worth about $37,311,000. Alberta Investment Management Corp purchased a new position in Anheuser-Busch InBev SA/NV during the 4th quarter valued at about $28,540,000. Finally, Clarkston Capital Partners LLC grew its position in Anheuser-Busch InBev SA/NV by 30.3% in the 4th quarter. Clarkston Capital Partners LLC now owns 1,493,842 shares of the consumer goods maker's stock valued at $74,797,000 after acquiring an additional 347,000 shares in the last quarter. Institutional investors and hedge funds own 5.53% of the company's stock.

Wall Street Analyst Weigh In

BUD has been the subject of several recent research reports. Argus raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 price objective for the company in a research note on Thursday, March 27th. StockNews.com lowered Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research report on Friday. Deutsche Bank Aktiengesellschaft raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research note on Monday, March 3rd. TD Cowen reduced their price target on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a "hold" rating on the stock in a research report on Wednesday, January 8th. Finally, Berenberg Bank initiated coverage on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, April 2nd. They issued a "buy" rating on the stock. Two investment analysts have rated the stock with a hold rating, six have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, Anheuser-Busch InBev SA/NV presently has a consensus rating of "Buy" and a consensus target price of $66.00.

Anheuser-Busch InBev SA/NV Stock Up 1.7 %

BUD stock traded up $1.09 during trading on Friday, hitting $66.11. 1,745,332 shares of the company's stock were exchanged, compared to its average volume of 1,873,508. The business has a 50-day moving average price of $62.69 and a two-hundred day moving average price of $56.69. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The stock has a market capitalization of $118.81 billion, a price-to-earnings ratio of 20.40, a PEG ratio of 1.73 and a beta of 0.80. Anheuser-Busch InBev SA/NV has a 52-week low of $45.94 and a 52-week high of $67.49.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last issued its earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.13. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. The business had revenue of $14.84 billion during the quarter, compared to analysts' expectations of $14.07 billion. As a group, equities research analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Anheuser-Busch InBev SA/NV Increases Dividend

The company also recently announced an annual dividend, which will be paid on Friday, June 6th. Stockholders of record on Wednesday, May 7th will be given a dividend of $1.0492 per share. The ex-dividend date is Wednesday, May 7th. This represents a dividend yield of 1.2%. This is a boost from Anheuser-Busch InBev SA/NV's previous annual dividend of $0.87. Anheuser-Busch InBev SA/NV's payout ratio is 26.46%.

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.