Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives Consensus Rating of “Moderate Buy” from Analysts

Anheuser-Busch InBev SA/NV (NYSE:BUD) has earned a consensus recommendation of “Moderate Buy” from the seventeen brokerages that are presently covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $72.00.

Several equities research analysts recently issued reports on the company. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, November 26th. Wells Fargo & Company initiated coverage on Anheuser-Busch InBev SA/NV in a report on Wednesday, November 19th. They issued an “overweight” rating and a $75.00 price objective on the stock. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, November 26th. Deutsche Bank Aktiengesellschaft downgraded shares of Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a research note on Friday, November 28th. Finally, Barclays reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, December 11th.

Anheuser-Busch InBev SA/NV Price Performance

Anheuser-Busch InBev SA/NV stock opened at $64.19 on Monday. The stock has a market capitalization of $125.34 billion, a P/E ratio of 20.98, a P/E/G ratio of 1.89 and a beta of 0.58. The company’s fifty day moving average price is $62.52 and its 200 day moving average price is $63.22. 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 has a 1 year low of $45.94 and a 1 year high of $72.13.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings data on Thursday, October 30th. The consumer goods maker reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.02. Anheuser-Busch InBev SA/NV had a net margin of 10.40% and a return on equity of 16.20%. The business had revenue of $15.13 billion for the quarter, compared to the consensus estimate of $15.28 billion. During the same period last year, the firm posted $0.98 earnings per share. The company’s revenue was up .6% compared to the same quarter last year. As a group, equities research analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Anheuser-Busch InBev SA/NV Announces Dividend

The company also recently announced a dividend, which was paid on Wednesday, December 17th. Shareholders of record on Wednesday, November 19th were paid a dividend of $0.1722 per share. The ex-dividend date of this dividend was Wednesday, November 19th. This represents a yield of 57.0%. Anheuser-Busch InBev SA/NV’s payout ratio is 7.84%.

Institutional Trading of Anheuser-Busch InBev SA/NV

Hedge funds have recently made changes to their positions in the company. Bank of Montreal Can increased its holdings in shares of Anheuser-Busch InBev SA/NV by 150.6% during the 3rd quarter. Bank of Montreal Can now owns 1,188,876 shares of the consumer goods maker’s stock worth $70,869,000 after buying an additional 714,420 shares during the last quarter. Bank of America Corp DE grew its position in Anheuser-Busch InBev SA/NV by 23.7% in the second quarter. Bank of America Corp DE now owns 3,344,451 shares of the consumer goods maker’s stock worth $229,831,000 after acquiring an additional 641,158 shares during the period. First Trust Advisors LP grew its position in Anheuser-Busch InBev SA/NV by 535.6% in the third quarter. First Trust Advisors LP now owns 653,616 shares of the consumer goods maker’s stock worth $38,962,000 after acquiring an additional 550,774 shares during the period. Holocene Advisors LP purchased a new stake in Anheuser-Busch InBev SA/NV in the second quarter valued at $33,999,000. Finally, Fisher Asset Management LLC raised its position in Anheuser-Busch InBev SA/NV by 4.5% in the second quarter. Fisher Asset Management LLC now owns 10,663,933 shares of the consumer goods maker’s stock valued at $732,826,000 after purchasing an additional 454,621 shares during the period. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.