Callan Capital LLC Buys New Shares in Anheuser-Busch InBev SA/NV (NYSE:BUD)

Callan Capital LLC bought a new stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 3,695 shares of the consumer goods maker’s stock, valued at approximately $239,000.

A number of other large investors also recently modified their holdings of the company. Anchor Investment Management LLC purchased a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter worth $26,000. Naples Money Management LLC purchased a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter worth $30,000. GPS Wealth Strategies Group LLC lifted its stake in Anheuser-Busch InBev SA/NV by 448.2% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 603 shares of the consumer goods maker’s stock worth $33,000 after purchasing an additional 493 shares in the last quarter. Cary Street Partners Investment Advisory LLC lifted its stake in Anheuser-Busch InBev SA/NV by 125.4% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 629 shares of the consumer goods maker’s stock worth $35,000 after purchasing an additional 350 shares in the last quarter. Finally, Janiczek Wealth Management LLC lifted its stake in Anheuser-Busch InBev SA/NV by 111.0% in the 4th quarter. Janiczek Wealth Management LLC now owns 882 shares of the consumer goods maker’s stock worth $57,000 after purchasing an additional 464 shares in the last quarter. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Up 0.1 %

Shares of NYSE BUD traded up $0.07 during midday trading on Friday, reaching $60.01. 1,159,616 shares of the company’s stock traded hands, compared to its average volume of 2,053,958. The company has a quick ratio of 0.48, a current ratio of 0.63 and a debt-to-equity ratio of 0.80. The stock’s 50 day simple moving average is $60.65 and its 200-day simple moving average is $61.05. Anheuser-Busch InBev SA/NV has a one year low of $51.66 and a one year high of $66.32. The company has a market cap of $104.24 billion, a price-to-earnings ratio of 22.64, a P/E/G ratio of 1.82 and a beta of 1.13.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings data on Wednesday, February 28th. The consumer goods maker reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.76 by $0.06. Anheuser-Busch InBev SA/NV had a net margin of 8.99% and a return on equity of 13.57%. The firm had revenue of $14.47 billion for the quarter, compared to the consensus estimate of $15.34 billion. During the same period last year, the firm earned $0.98 earnings per share. On average, analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Increases Dividend

The firm also recently disclosed an annual dividend, which will be paid on Friday, June 7th. Stockholders of record on Monday, May 6th will be paid a dividend of $0.8722 per share. The ex-dividend date of this dividend is Friday, May 3rd. This is an increase from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. This represents a dividend yield of 1.1%. Anheuser-Busch InBev SA/NV’s dividend payout ratio (DPR) is currently 23.02%.

Analyst Upgrades and Downgrades

BUD has been the topic of several recent research reports. Jefferies Financial Group upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and upped their target price for the company from $60.00 to $76.00 in a research report on Wednesday, January 10th. TD Cowen decreased their target price on shares of Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 5th. Finally, BNP Paribas cut shares of Anheuser-Busch InBev SA/NV from an “outperform” rating to a “neutral” rating in a research report on Friday, January 12th. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, Anheuser-Busch InBev SA/NV has a consensus rating of “Moderate Buy” and a consensus target price of $71.70.

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.