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

Stifel Financial Corp lifted its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUDFree Report) by 6.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 148,098 shares of the consumer goods maker’s stock after acquiring an additional 8,584 shares during the quarter. Stifel Financial Corp’s holdings in Anheuser-Busch InBev SA/NV were worth $9,570,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. The Manufacturers Life Insurance Company raised its position in Anheuser-Busch InBev SA/NV by 11.6% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 10,367,287 shares of the consumer goods maker’s stock valued at $573,311,000 after purchasing an additional 1,077,724 shares in the last quarter. DAVENPORT & Co LLC grew its holdings in Anheuser-Busch InBev SA/NV by 25.9% during the 4th quarter. DAVENPORT & Co LLC now owns 1,507,181 shares of the consumer goods maker’s stock worth $97,415,000 after acquiring an additional 309,977 shares in the last quarter. Wells Fargo & Company MN grew its holdings in Anheuser-Busch InBev SA/NV by 4.4% during the 4th quarter. Wells Fargo & Company MN now owns 873,977 shares of the consumer goods maker’s stock worth $56,476,000 after acquiring an additional 37,084 shares in the last quarter. Seafarer Capital Partners LLC raised its holdings in shares of Anheuser-Busch InBev SA/NV by 8.2% in the 4th quarter. Seafarer Capital Partners LLC now owns 792,000 shares of the consumer goods maker’s stock valued at $51,179,000 after purchasing an additional 60,000 shares in the last quarter. Finally, Armistice Capital LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the 3rd quarter worth approximately $38,876,000. Institutional investors own 5.53% of the company’s stock.

Analyst Ratings Changes

Separately, TD Cowen lowered their target price on Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an “outperform” rating for the company in a report on Tuesday, March 5th. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, Anheuser-Busch InBev SA/NV presently has a consensus rating of “Moderate Buy” and a consensus price target of $71.70.

Read Our Latest Research Report on BUD

Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD opened at $62.07 on Thursday. Anheuser-Busch InBev SA/NV has a 12 month low of $51.66 and a 12 month high of $67.49. The stock has a fifty day moving average price of $61.63 and a 200-day moving average price of $62.43. The company has a current ratio of 0.63, a quick ratio of 0.48 and a debt-to-equity ratio of 0.80. The firm has a market cap of $107.83 billion, a PE ratio of 26.08, a P/E/G ratio of 1.47 and a beta of 1.12.

Anheuser-Busch InBev SA/NV (NYSE:BUDGet Free Report) last released its quarterly earnings results on Wednesday, May 8th. The consumer goods maker reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.06. Anheuser-Busch InBev SA/NV had a return on equity of 14.01% and a net margin of 8.03%. The company had revenue of $14.55 billion during the quarter, compared to analysts’ expectations of $14.43 billion. During the same period last year, the business posted $0.65 earnings per share. The firm’s revenue was up 2.3% compared to the same quarter last year. Equities research analysts predict that Anheuser-Busch InBev SA/NV will post 3.42 earnings per share for the current fiscal year.

Anheuser-Busch InBev SA/NV Increases Dividend

The business also recently announced an annual dividend, which will be paid on Friday, June 7th. Shareholders of record on Monday, May 6th will be given a dividend of $0.8722 per share. This represents a yield of 1.1%. The ex-dividend date is Friday, May 3rd. This is an increase from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. Anheuser-Busch InBev SA/NV’s payout ratio is currently 27.31%.

About Anheuser-Busch InBev SA/NV

(Free Report)

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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Institutional Ownership by Quarter for Anheuser-Busch InBev SA/NV (NYSE:BUD)

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