Anheuser-Busch InBev SA/NV’s (BUD) “Buy” Rating Reaffirmed at Royal Bank Of Canada

Royal Bank Of Canada reaffirmed their buy rating on shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) in a report released on Tuesday morning,MarketScreener reports.

A number of other equities research analysts have also recently commented on the company. Deutsche Bank Aktiengesellschaft cut Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a research note on Friday, November 28th. DZ Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, November 7th. Sanford C. Bernstein restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, November 26th. Barclays reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, October 31st. Finally, Berenberg Bank reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $72.00.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD opened at $60.50 on Tuesday. The company has a 50 day moving average of $61.45 and a two-hundred day moving average of $63.82. The company has a quick ratio of 0.48, a current ratio of 0.64 and a debt-to-equity ratio of 0.79. Anheuser-Busch InBev SA/NV has a twelve month low of $45.94 and a twelve month high of $72.13. The company has a market cap of $118.13 billion, a price-to-earnings ratio of 19.77, a price-to-earnings-growth ratio of 1.78 and a beta of 0.58.

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

Anheuser-Busch InBev SA/NV Dividend Announcement

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

Institutional Trading of Anheuser-Busch InBev SA/NV

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Dodge & Cox grew its holdings 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 during the period. Bank of Montreal Can lifted its position 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 valued at $70,869,000 after buying an additional 714,420 shares in the last quarter. Bank of America Corp DE grew its stake 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 acquiring an additional 641,158 shares during the period. First Trust Advisors LP grew its stake 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 acquiring an additional 550,774 shares during the period. Finally, Holocene Advisors LP purchased a new stake in Anheuser-Busch InBev SA/NV in the 2nd quarter worth $33,999,000. 5.53% of the stock is owned by institutional investors and hedge funds.

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.