Anheuser-Busch InBev SA/NV (NYSE:BUD) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Anheuser-Busch InBev SA/NV (NYSE:BUD) has been assigned a consensus rating of “Moderate Buy” from the nine research firms that are currently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $72.13.

BUD has been the subject of a number of recent research reports. Morgan Stanley dropped their target price on Anheuser-Busch InBev SA/NV from $70.00 to $68.50 and set an “overweight” rating for the company in a research report on Tuesday. UBS Group upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Monday, June 24th.

Institutional Trading of Anheuser-Busch InBev SA/NV

Hedge funds and other institutional investors have recently bought and sold shares of the stock. DAVENPORT & Co LLC lifted its position in Anheuser-Busch InBev SA/NV by 25.9% in the fourth quarter. DAVENPORT & Co LLC now owns 1,507,181 shares of the consumer goods maker’s stock valued at $97,415,000 after purchasing an additional 309,977 shares during the last quarter. Capital International Investors increased its stake in shares of Anheuser-Busch InBev SA/NV by 0.9% during the fourth quarter. Capital International Investors now owns 2,124,860 shares of the consumer goods maker’s stock valued at $137,447,000 after buying an additional 18,280 shares during the period. SG Americas Securities LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 232.4% during the fourth quarter. SG Americas Securities LLC now owns 25,052 shares of the consumer goods maker’s stock valued at $1,619,000 after buying an additional 17,516 shares during the period. Simplicity Wealth LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV during the first quarter valued at approximately $1,604,000. Finally, Perpetual Ltd increased its stake in shares of Anheuser-Busch InBev SA/NV by 13.7% during the first quarter. Perpetual Ltd now owns 127,155 shares of the consumer goods maker’s stock valued at $7,736,000 after buying an additional 15,364 shares during the period. Institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE:BUD opened at $60.06 on Thursday. The business has a 50 day moving average of $61.83 and a 200 day moving average of $62.05. The company has a market capitalization of $107.93 billion, a price-to-earnings ratio of 25.23, a PEG ratio of 1.36 and a beta of 1.10. Anheuser-Busch InBev SA/NV has a 1-year low of $51.66 and a 1-year high of $67.49. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.63 and a quick ratio of 0.48.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its earnings results on Wednesday, May 8th. The consumer goods maker reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.06. The company had revenue of $14.55 billion during the quarter, compared to the consensus estimate of $14.43 billion. Anheuser-Busch InBev SA/NV had a return on equity of 14.01% and a net margin of 8.03%. Anheuser-Busch InBev SA/NV’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.65 EPS. On average, sell-side analysts predict that Anheuser-Busch InBev SA/NV will post 3.41 earnings per share for the current fiscal year.

Anheuser-Busch InBev SA/NV Increases Dividend

The business also recently disclosed an annual dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, May 6th were given a $0.8722 dividend. The ex-dividend date of this dividend was Friday, May 3rd. This represents a yield of 1.1%. 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 presently 27.31%.

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.