Anheuser-Busch InBev SA/NV (NYSE:BUD) Shares Purchased by Jones Financial Companies Lllp

Jones Financial Companies Lllp raised its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 31.8% in the fourth quarter, Holdings Channel reports. The fund owned 41,209 shares of the consumer goods maker’s stock after buying an additional 9,935 shares during the period. Jones Financial Companies Lllp’s holdings in Anheuser-Busch InBev SA/NV were worth $2,063,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of BUD. Smartleaf Asset Management LLC grew its position in shares of Anheuser-Busch InBev SA/NV by 149.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,901 shares of the consumer goods maker’s stock valued at $144,000 after purchasing an additional 1,739 shares in the last quarter. NewEdge Wealth LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 67.0% in the 4th quarter. NewEdge Wealth LLC now owns 21,482 shares of the consumer goods maker’s stock worth $1,076,000 after acquiring an additional 8,618 shares during the last quarter. Whipplewood Advisors LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth $36,000. B&D White Capital Company LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV during the 4th quarter valued at about $290,000. Finally, Callan Capital LLC grew its holdings in shares of Anheuser-Busch InBev SA/NV by 2.2% in the fourth quarter. Callan Capital LLC now owns 10,607 shares of the consumer goods maker’s stock valued at $531,000 after purchasing an additional 229 shares during the period. 5.53% of the stock is owned by hedge funds and other institutional investors.

Anheuser-Busch InBev SA/NV Stock Up 0.3 %

Shares of NYSE:BUD opened at $62.43 on Friday. The business has a 50-day moving average price of $51.44 and a 200 day moving average price of $56.82. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $67.49. 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 company has a market capitalization of $112.20 billion, a price-to-earnings ratio of 19.27, a PEG ratio of 1.73 and a beta of 1.08.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates 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. Sell-side analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have commented on BUD. TD Cowen reduced their target price on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating on the stock in a research note on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a report on Monday. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $64.00.

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.