Janney Montgomery Scott LLC Has $1.22 Million Stock Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Janney Montgomery Scott LLC cut its holdings in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) by 15.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 24,351 shares of the consumer goods maker’s stock after selling 4,454 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $1,219,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of BUD. Holocene Advisors LP lifted its position in shares of Anheuser-Busch InBev SA/NV by 22.8% in the third quarter. Holocene Advisors LP now owns 4,331,636 shares of the consumer goods maker’s stock worth $287,144,000 after purchasing an additional 803,257 shares in the last quarter. Fisher Asset Management LLC increased its stake in Anheuser-Busch InBev SA/NV by 6.0% in the 3rd quarter. Fisher Asset Management LLC now owns 10,307,014 shares of the consumer goods maker’s stock valued at $683,252,000 after buying an additional 587,329 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the 3rd quarter valued at $154,640,000. GFS Advisors LLC grew its holdings in shares of Anheuser-Busch InBev SA/NV by 56,727.5% during the 3rd quarter. GFS Advisors LLC now owns 196,055 shares of the consumer goods maker’s stock valued at $12,996,000 after acquiring an additional 195,710 shares in the last quarter. Finally, Penn Davis Mcfarland Inc. increased its stake in shares of Anheuser-Busch InBev SA/NV by 34.0% in the fourth quarter. Penn Davis Mcfarland Inc. now owns 467,519 shares of the consumer goods maker’s stock worth $23,409,000 after acquiring an additional 118,686 shares during the last quarter. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Trading Up 0.1 %

Shares of NYSE:BUD opened at $48.72 on Wednesday. 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 $87.55 billion, a PE ratio of 15.04, a P/E/G ratio of 1.60 and a beta of 1.08. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $67.49. The firm has a fifty day moving average price of $50.36 and a 200 day moving average price of $57.73.

Analyst Ratings Changes

A number of research firms recently issued reports on BUD. TD Cowen reduced their price objective on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating for the company in a research report on Wednesday, January 8th. Barclays raised Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research note on Wednesday, October 9th. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $64.00.

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.