Anheuser-Busch InBev SA/NV (NYSE:BUD) Given Buy Rating at Berenberg Bank

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

Other equities analysts also recently issued reports about the stock. Wells Fargo & Company initiated coverage on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, November 19th. They issued an “overweight” rating and a $75.00 price target on the stock. DZ Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, November 7th. Jefferies Financial Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, January 6th. Deutsche Bank Aktiengesellschaft reiterated a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, January 9th. Finally, Sanford C. Bernstein reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, November 26th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $77.67.

Anheuser-Busch InBev SA/NV Price Performance

Anheuser-Busch InBev SA/NV stock opened at $70.37 on Tuesday. Anheuser-Busch InBev SA/NV has a 52 week low of $47.89 and a 52 week high of $72.13. The company’s 50 day moving average price is $64.47 and its two-hundred day moving average price is $62.79. The stock has a market cap of $137.40 billion, a P/E ratio of 23.00, a P/E/G ratio of 1.46 and a beta of 0.57. 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 (NYSE:BUD) last issued its quarterly earnings results on Thursday, October 30th. The consumer goods maker reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.02. The company had revenue of $15.13 billion during 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%.Anheuser-Busch InBev SA/NV’s revenue was up .6% on a year-over-year basis. During the same period last year, the business posted $0.98 earnings per share. On average, equities analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Anheuser-Busch InBev SA/NV Announces Dividend

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

Institutional Trading of Anheuser-Busch InBev SA/NV

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Salomon & Ludwin LLC lifted its holdings in Anheuser-Busch InBev SA/NV by 494.7% during the 3rd quarter. Salomon & Ludwin LLC now owns 446 shares of the consumer goods maker’s stock worth $27,000 after purchasing an additional 371 shares in the last quarter. Legacy Investment Solutions LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the second quarter worth about $28,000. Mather Group LLC. bought a new position in shares of Anheuser-Busch InBev SA/NV in the third quarter valued at approximately $34,000. Elevation Point Wealth Partners LLC bought a new position in shares of Anheuser-Busch InBev SA/NV in the second quarter valued at approximately $35,000. Finally, NewSquare Capital LLC increased its holdings in Anheuser-Busch InBev SA/NV by 602.7% during the 2nd quarter. NewSquare Capital LLC now owns 527 shares of the consumer goods maker’s stock worth $36,000 after acquiring an additional 452 shares during the period. 5.53% of the stock is currently owned by institutional investors.

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.