Anheuser-Busch InBev SA/NV (NYSE:BUD) Short Interest Down 29.7% in May

Anheuser-Busch InBev SA/NV (NYSE:BUDGet Rating) was the target of a significant decrease in short interest during the month of May. As of May 31st, there was short interest totalling 2,980,000 shares, a decrease of 29.7% from the May 15th total of 4,240,000 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 1,400,000 shares, the days-to-cover ratio is presently 2.1 days.

Anheuser-Busch InBev SA/NV stock traded down $0.65 during trading hours on Tuesday, hitting $50.97. The stock had a trading volume of 29,165 shares, compared to its average volume of 1,085,238. The company has a debt-to-equity ratio of 1.10, a current ratio of 0.70 and a quick ratio of 0.54. The stock has a market capitalization of $100.92 billion, a price-to-earnings ratio of 24.82, a PEG ratio of 1.66 and a beta of 1.38. Anheuser-Busch InBev SA/NV has a 1-year low of $51.21 and a 1-year high of $79.67. The stock’s fifty day moving average is $56.81 and its two-hundred day moving average is $59.46.

Anheuser-Busch InBev SA/NV (NYSE:BUDGet Rating) last posted its quarterly earnings data on Thursday, May 5th. The consumer goods maker reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.07. The business had revenue of $13.24 billion for the quarter, compared to analyst estimates of $13.20 billion. Anheuser-Busch InBev SA/NV had a return on equity of 11.42% and a net margin of 7.55%. The business’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.51 earnings per share. As a group, sell-side analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.07 EPS for the current year.

The business also recently disclosed an annual dividend, which was paid on Thursday, June 2nd. Investors of record on Wednesday, May 4th were paid a dividend of $0.407 per share. This represents a dividend yield of 0.7%. The ex-dividend date was Tuesday, May 3rd. Anheuser-Busch InBev SA/NV’s payout ratio is currently 19.23%.

BUD has been the subject of several analyst reports. Morgan Stanley cut their price target on Anheuser-Busch InBev SA/NV from €55.00 ($57.29) to €54.00 ($56.25) and set an “equal weight” rating for the company in a research note on Thursday, May 12th. Sanford C. Bernstein cut their price objective on Anheuser-Busch InBev SA/NV to $67.60 in a research report on Friday, May 27th. Deutsche Bank Aktiengesellschaft increased their price objective on Anheuser-Busch InBev SA/NV from €67.00 ($69.79) to €74.00 ($77.08) and gave the stock a “buy” rating in a research report on Wednesday, May 25th. Credit Suisse Group cut their price objective on Anheuser-Busch InBev SA/NV from €59.00 ($61.46) to €58.00 ($60.42) in a research report on Friday, May 6th. Finally, StockNews.com initiated coverage on Anheuser-Busch InBev SA/NV in a research report on Thursday, March 31st. They issued a “hold” rating for the company. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company. According to MarketBeat, Anheuser-Busch InBev SA/NV has a consensus rating of “Hold” and a consensus target price of $68.36.

Institutional investors and hedge funds have recently bought and sold shares of the stock. GFS Advisors LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV by 24.7% during the fourth quarter. GFS Advisors LLC now owns 295,798 shares of the consumer goods maker’s stock valued at $17,911,000 after acquiring an additional 58,605 shares during the last quarter. Thomasville National Bank boosted its stake in shares of Anheuser-Busch InBev SA/NV by 6.4% during the fourth quarter. Thomasville National Bank now owns 199,984 shares of the consumer goods maker’s stock valued at $12,109,000 after acquiring an additional 12,059 shares during the last quarter. Pflug Koory LLC boosted its stake in Anheuser-Busch InBev SA/NV by 41.8% in the 4th quarter. Pflug Koory LLC now owns 678 shares of the consumer goods maker’s stock worth $41,000 after buying an additional 200 shares during the last quarter. Dixon Hughes Goodman Wealth Advisors LLC acquired a new stake in Anheuser-Busch InBev SA/NV in the 4th quarter worth about $60,000. Finally, Cetera Advisor Networks LLC boosted its stake in Anheuser-Busch InBev SA/NV by 0.8% in the 3rd quarter. Cetera Advisor Networks LLC now owns 21,978 shares of the consumer goods maker’s stock worth $1,239,000 after buying an additional 185 shares during the last quarter.

Anheuser-Busch InBev SA/NV Company Profile (Get Rating)

Anheuser-Busch InBev SA/NV engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. 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.

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