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

Anheuser-Busch InBev SA/NV (NYSE:BUD) has received a consensus rating of “Moderate Buy” from the nine brokerages that are covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $71.70.

Several research analysts recently weighed in on BUD shares. Jefferies Financial Group upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and upped their price target for the stock from $60.00 to $76.00 in a research report on Wednesday, January 10th. TD Cowen decreased their target price on 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 lowered Anheuser-Busch InBev SA/NV from an “outperform” rating to a “neutral” rating in a research note on Friday, January 12th.

Anheuser-Busch InBev SA/NV Stock Up 0.4 %

Anheuser-Busch InBev SA/NV stock opened at $57.35 on Friday. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.63 and a quick ratio of 0.48. The stock has a market capitalization of $99.63 billion, a PE ratio of 21.64, a price-to-earnings-growth ratio of 1.75 and a beta of 1.13. The business has a 50 day simple moving average of $61.24 and a 200-day simple moving average of $60.79. Anheuser-Busch InBev SA/NV has a 12 month low of $51.66 and a 12 month high of $66.56.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings results 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. The firm had revenue of $14.47 billion for the quarter, compared to analysts’ expectations of $15.34 billion. Anheuser-Busch InBev SA/NV had a net margin of 8.99% and a return on equity of 13.57%. During the same quarter last year, the company earned $0.98 EPS. On average, analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Increases Dividend

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

Hedge Funds Weigh In On Anheuser-Busch InBev SA/NV

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. DGS Capital Management LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth $293,000. Future Financial Wealth Managment LLC purchased a new position in Anheuser-Busch InBev SA/NV during the first quarter worth about $61,000. RMR Wealth Builders purchased a new position in Anheuser-Busch InBev SA/NV during the first quarter worth about $248,000. CHICAGO TRUST Co NA boosted its holdings in Anheuser-Busch InBev SA/NV by 1.9% in the 1st quarter. CHICAGO TRUST Co NA now owns 10,579 shares of the consumer goods maker’s stock valued at $643,000 after purchasing an additional 196 shares during the last quarter. Finally, Northwest Investment Counselors LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the 1st quarter valued at approximately $115,000. Institutional investors and hedge funds own 5.53% of the company’s stock.

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.