Anheuser-Busch InBev SA/NV (NYSE:BUD) Given Average Rating of “Moderate Buy” by Analysts

Anheuser-Busch InBev SA/NV (NYSE:BUD) has been given an average rating of “Moderate Buy” by the nine brokerages that are covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $71.70.

Several equities research analysts recently commented on the stock. Jefferies Financial Group upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and lifted their target price for the stock from $60.00 to $76.00 in a research report on Wednesday, January 10th. BNP Paribas downgraded shares of Anheuser-Busch InBev SA/NV from an “outperform” rating to a “neutral” rating in a research report on Friday, January 12th. Finally, TD Cowen cut 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.

Institutional Trading of Anheuser-Busch InBev SA/NV

Several hedge funds have recently modified their holdings of BUD. Moneta Group Investment Advisors LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 82,251.7% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 4,778,048 shares of the consumer goods maker’s stock valued at $286,874,000 after acquiring an additional 4,772,246 shares in the last quarter. DAVENPORT & Co LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 3,774.4% in the 3rd quarter. DAVENPORT & Co LLC now owns 1,197,204 shares of the consumer goods maker’s stock valued at $65,775,000 after acquiring an additional 1,166,304 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in shares of Anheuser-Busch InBev SA/NV by 11.6% in 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 acquiring an additional 1,077,724 shares in the last quarter. Armistice Capital LLC bought a new stake in shares of Anheuser-Busch InBev SA/NV in the 3rd quarter valued at $38,876,000. Finally, Balyasny Asset Management L.P. increased its stake in shares of Anheuser-Busch InBev SA/NV by 589.5% in the 1st quarter. Balyasny Asset Management L.P. now owns 668,419 shares of the consumer goods maker’s stock valued at $44,604,000 after acquiring an additional 571,473 shares in the last quarter. Institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Trading Up 1.4 %

BUD opened at $58.74 on Friday. The company’s 50 day moving average is $60.97 and its 200-day moving average is $60.80. Anheuser-Busch InBev SA/NV has a 1-year low of $51.66 and a 1-year high of $66.56. 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 company has a market cap of $102.03 billion, a P/E ratio of 22.16, a PEG ratio of 1.73 and a beta of 1.13.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its earnings results on Wednesday, February 28th. The consumer goods maker reported $0.82 EPS for the quarter, topping the consensus estimate 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 business 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 company earned $0.98 EPS. Equities research analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Anheuser-Busch InBev SA/NV Increases Dividend

The business 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 $0.8722 dividend. The ex-dividend date of this dividend is Friday, May 3rd. This represents a dividend yield of 1.1%. This is a positive change from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. Anheuser-Busch InBev SA/NV’s payout ratio is currently 23.02%.

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.