Jones Financial Companies Lllp Boosts Stock Position in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Jones Financial Companies Lllp boosted its position in Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 31.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 41,209 shares of the consumer goods maker's stock after purchasing 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Ashton Thomas Securities LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the third quarter worth approximately $26,000. Legacy Investment Solutions LLC purchased a new stake in Anheuser-Busch InBev SA/NV in the third quarter worth $27,000. R Squared Ltd bought a new stake in shares of Anheuser-Busch InBev SA/NV during the fourth quarter worth $30,000. Whipplewood Advisors LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the fourth quarter valued at $36,000. Finally, First Personal Financial Services grew its holdings in shares of Anheuser-Busch InBev SA/NV by 51.3% in the third quarter. First Personal Financial Services now owns 605 shares of the consumer goods maker's stock worth $40,000 after purchasing an additional 205 shares during the last quarter. Hedge funds and other institutional investors own 5.53% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on BUD. Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a report on Monday, March 3rd. TD Cowen decreased their price target on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a "hold" rating for the company in a research note on Wednesday, January 8th. One research analyst has rated the stock with a hold rating, four have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Anheuser-Busch InBev SA/NV presently has an average rating of "Buy" and a consensus price target of $64.00.

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Anheuser-Busch InBev SA/NV Stock Down 1.1 %

Shares of BUD stock traded down $0.69 on Monday, hitting $62.38. The stock had a trading volume of 2,373,401 shares, compared to its average volume of 1,819,230. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $67.49. The business has a 50 day moving average price of $51.69 and a 200 day moving average price of $56.78. The company has a market cap of $112.10 billion, a PE ratio of 19.25, a P/E/G ratio of 1.73 and a beta of 0.96.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last posted its quarterly earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 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 analyst estimates of $14.07 billion. Research analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

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.