Anheuser-Busch InBev SA/NV’s (BUD) “Buy” Rating Reiterated at Barclays

Barclays restated their buy rating on shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) in a research note issued to investors on Thursday,MarketScreener reports.

A number of other research analysts also recently weighed in on the stock. UBS Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, October 31st. DZ Bank restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, November 7th. Deutsche Bank Aktiengesellschaft downgraded Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a research report on Friday, November 28th. Kepler Capital Markets cut Anheuser-Busch InBev SA/NV from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 9th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, December 9th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, Anheuser-Busch InBev SA/NV has an average rating of “Moderate Buy” and an average target price of $72.00.

Anheuser-Busch InBev SA/NV Trading Up 0.6%

Shares of NYSE:BUD opened at $63.78 on Thursday. The company has a current ratio of 0.64, a quick ratio of 0.48 and a debt-to-equity ratio of 0.79. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $72.13. The business has a 50 day moving average of $61.65 and a two-hundred day moving average of $63.73. The company has a market capitalization of $124.53 billion, a PE ratio of 20.84, a PEG ratio of 1.88 and a beta of 0.58.

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

Anheuser-Busch InBev SA/NV Announces Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, December 17th. Investors of record on Wednesday, November 19th will be paid a $0.1722 dividend. 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 is currently 7.84%.

Institutional Investors Weigh In On Anheuser-Busch InBev SA/NV

Several institutional investors and hedge funds have recently added to or reduced their stakes in BUD. Dodge & Cox raised its holdings in Anheuser-Busch InBev SA/NV by 2.8% in the 1st quarter. Dodge & Cox now owns 41,116,138 shares of the consumer goods maker’s stock valued at $2,531,109,000 after acquiring an additional 1,119,308 shares during the last quarter. Fisher Asset Management LLC grew its position in shares of Anheuser-Busch InBev SA/NV by 3.3% in the third quarter. Fisher Asset Management LLC now owns 11,011,683 shares of the consumer goods maker’s stock valued at $656,406,000 after purchasing an additional 347,750 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Anheuser-Busch InBev SA/NV by 12.8% in the third quarter. Bank of America Corp DE now owns 3,770,946 shares of the consumer goods maker’s stock valued at $224,786,000 after purchasing an additional 426,495 shares during the last quarter. Hotchkis & Wiley Capital Management LLC increased its holdings in shares of Anheuser-Busch InBev SA/NV by 7.3% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 2,790,240 shares of the consumer goods maker’s stock valued at $171,767,000 after purchasing an additional 190,830 shares during the last quarter. Finally, Clarkston Capital Partners LLC lifted its position in Anheuser-Busch InBev SA/NV by 0.3% during the first quarter. Clarkston Capital Partners LLC now owns 1,498,297 shares of the consumer goods maker’s stock worth $92,235,000 after buying an additional 4,455 shares in the last quarter. Institutional investors and hedge funds own 5.53% of the company’s stock.

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.