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

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have received an average recommendation of “Moderate Buy” from the sixteen research firms that are presently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation, twelve have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $77.6667.

A number of analysts have weighed in on BUD shares. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, November 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Monday, December 29th. Royal Bank Of Canada reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, December 9th. UBS Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, January 9th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, January 6th.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Bank of Montreal Can grew its stake in shares of Anheuser-Busch InBev SA/NV by 150.6% in the third quarter. Bank of Montreal Can now owns 1,188,876 shares of the consumer goods maker’s stock worth $70,869,000 after acquiring an additional 714,420 shares during the last quarter. Bank of America Corp DE boosted its holdings 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 purchasing an additional 641,158 shares during the period. First Trust Advisors LP boosted its holdings 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 purchasing an additional 550,774 shares during the period. Holocene Advisors LP acquired a new stake in Anheuser-Busch InBev SA/NV in the 2nd quarter worth $33,999,000. Finally, Fisher Asset Management LLC increased its holdings in shares of Anheuser-Busch InBev SA/NV by 4.5% during the 2nd quarter. Fisher Asset Management LLC now owns 10,663,933 shares of the consumer goods maker’s stock worth $732,826,000 after purchasing an additional 454,621 shares during the period. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Trading Up 0.6%

NYSE:BUD opened at $69.66 on Friday. The company has a market capitalization of $136.02 billion, a P/E ratio of 22.76, a P/E/G ratio of 1.45 and a beta of 0.57. The stock’s 50 day moving average price is $64.01 and its 200 day moving average price is $62.82. 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 52 week low of $47.64 and a 52 week high of $72.13.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings results on Thursday, October 30th. The consumer goods maker reported $0.99 EPS for the quarter, topping 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 company had revenue of $15.13 billion for the quarter, compared to analyst estimates of $15.28 billion. During the same quarter in the prior year, the business posted $0.98 EPS. Anheuser-Busch InBev SA/NV’s quarterly revenue was up .6% on a year-over-year basis. On average, research analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Announces Dividend

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

About Anheuser-Busch InBev SA/NV

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.