Anheuser-Busch InBev SA/NV (NYSE:BUD) Given Buy Rating at Sanford C. Bernstein

Sanford C. Bernstein reaffirmed their buy rating on shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) in a research note issued to investors on Wednesday,MarketScreener reports.

Other equities research analysts have also recently issued research reports about the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, October 31st. Weiss Ratings reiterated a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, November 19th. Berenberg Bank restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, September 18th. Barclays reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, October 31st. Finally, Wells Fargo & Company started coverage on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, November 19th. They set an “overweight” rating and a $75.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $72.00.

Anheuser-Busch InBev SA/NV Trading Down 1.1%

Shares of NYSE BUD opened at $61.85 on Wednesday. The firm has a 50 day moving average price of $61.08 and a two-hundred day moving average price of $64.25. The stock has a market cap of $120.77 billion, a P/E ratio of 17.37, a price-to-earnings-growth ratio of 1.75 and a beta of 0.76. Anheuser-Busch InBev SA/NV has a 52-week low of $45.94 and a 52-week high of $72.13. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.48 and a current ratio of 0.64.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings data on Thursday, October 30th. The consumer goods maker reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.02. The company had revenue of $15.13 billion for the quarter, compared to analysts’ expectations of $15.28 billion. Anheuser-Busch InBev SA/NV had a net margin of 12.16% and a return on equity of 16.21%. Anheuser-Busch InBev SA/NV’s revenue for the quarter was up .6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.98 earnings per share. As a group, equities analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Anheuser-Busch InBev SA/NV Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Wednesday, December 17th. Stockholders of record on Wednesday, November 19th will be given a dividend of $0.1722 per share. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a dividend yield of 57.0%. Anheuser-Busch InBev SA/NV’s dividend payout ratio (DPR) is 7.84%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Dodge & Cox increased its stake in Anheuser-Busch InBev SA/NV by 2.8% in the first quarter. Dodge & Cox now owns 41,116,138 shares of the consumer goods maker’s stock valued at $2,531,109,000 after purchasing an additional 1,119,308 shares in the last quarter. Bank of Montreal Can grew its stake in shares of Anheuser-Busch InBev SA/NV by 150.6% in the 3rd quarter. Bank of Montreal Can now owns 1,188,876 shares of the consumer goods maker’s stock valued at $70,869,000 after buying an additional 714,420 shares during the period. Bank of America Corp DE increased its position in Anheuser-Busch InBev SA/NV by 23.7% in the 2nd quarter. Bank of America Corp DE now owns 3,344,451 shares of the consumer goods maker’s stock valued at $229,831,000 after buying an additional 641,158 shares in the last quarter. First Trust Advisors LP increased its position in Anheuser-Busch InBev SA/NV by 535.6% in the 3rd quarter. First Trust Advisors LP now owns 653,616 shares of the consumer goods maker’s stock valued at $38,962,000 after buying an additional 550,774 shares in the last quarter. Finally, Holocene Advisors LP acquired a new position in Anheuser-Busch InBev SA/NV during the 2nd quarter worth approximately $33,999,000. 5.53% of the stock is owned by institutional investors.

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.