Janney Montgomery Scott LLC Purchases 20,059 Shares of Anheuser-Busch InBev SA/NV $BUD

Janney Montgomery Scott LLC grew its holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 88.5% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 42,731 shares of the consumer goods maker’s stock after buying an additional 20,059 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $2,964,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Bogart Wealth LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 3,800.0% during the fourth quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock valued at $25,000 after acquiring an additional 380 shares during the period. Birchwood Financial Partners Inc. acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the 4th quarter worth about $26,000. GHP Investment Advisors Inc. acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth about $32,000. Parkside Financial Bank & Trust lifted its holdings in Anheuser-Busch InBev SA/NV by 79.1% during the 4th quarter. Parkside Financial Bank & Trust now owns 498 shares of the consumer goods maker’s stock valued at $32,000 after purchasing an additional 220 shares during the last quarter. Finally, Leonteq Securities AG acquired a new position in Anheuser-Busch InBev SA/NV in the fourth quarter valued at about $48,000. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD opened at $79.71 on Wednesday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.57 and a current ratio of 0.72. The firm has a market capitalization of $155.47 billion, a PE ratio of 21.78, a P/E/G ratio of 1.33 and a beta of 0.59. The stock has a 50 day simple moving average of $80.80 and a 200 day simple moving average of $74.82. Anheuser-Busch InBev SA/NV has a 52-week low of $56.97 and a 52-week high of $85.56.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 earnings per share (EPS) for the quarter. The firm had revenue of $15.27 billion for the quarter. Anheuser-Busch InBev SA/NV had a return on equity of 16.34% and a net margin of 11.90%. Sell-side analysts predict that Anheuser-Busch InBev SA/NV will post 4.32 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently commented on BUD. Morgan Stanley decreased their price target on Anheuser-Busch InBev SA/NV from $86.50 to $84.50 and set an “overweight” rating on the stock in a research report on Thursday, July 2nd. TD Cowen boosted their price objective on Anheuser-Busch InBev SA/NV from $85.00 to $89.00 and gave the stock a “hold” rating in a research note on Friday, June 26th. Weiss Ratings upgraded Anheuser-Busch InBev SA/NV from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, July 1st. Wells Fargo & Company raised their target price on Anheuser-Busch InBev SA/NV from $88.00 to $93.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Finally, UBS Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, June 30th. Twelve equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $90.08.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.