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

DZ Bank restated their buy rating on shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) in a research report report published on Friday,MarketScreener reports.

Several other research analysts also recently weighed in on the stock. Kepler Capital Markets downgraded shares of Anheuser-Busch InBev SA/NV from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 9th. Royal Bank Of Canada restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, October 30th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, October 31st. Berenberg Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, September 18th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $71.00.

Anheuser-Busch InBev SA/NV Stock Performance

BUD traded up $0.42 during midday trading on Friday, reaching $63.30. The company had a trading volume of 2,990,953 shares, compared to its average volume of 2,360,753. The business has a 50-day moving average of $60.24 and a two-hundred day moving average of $64.56. 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 1 year low of $45.94 and a 1 year high of $72.13. The company has a market cap of $123.61 billion, a P/E ratio of 17.78, a P/E/G ratio of 1.75 and a beta of 0.76.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings data on Thursday, October 30th. The consumer goods maker reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.02. Anheuser-Busch InBev SA/NV had a return on equity of 16.21% and a net margin of 12.16%.The company’s quarterly revenue was up .6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.98 earnings per share. As a group, equities research 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 Announces Dividend

The company also recently announced a dividend, which will be paid on Wednesday, December 17th. Stockholders of record on Wednesday, November 19th will be given a dividend of $0.1722 per share. This represents a dividend yield of 55.0%. The ex-dividend date is Wednesday, November 19th. Anheuser-Busch InBev SA/NV’s dividend payout ratio is currently 27.45%.

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

A number of hedge funds have recently bought and sold shares of BUD. Penserra Capital Management LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 24.7% in the 1st quarter. Penserra Capital Management LLC now owns 2,553 shares of the consumer goods maker’s stock worth $157,000 after buying an additional 506 shares in the last quarter. Crossmark Global Holdings Inc. lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 1.1% in the 1st quarter. Crossmark Global Holdings Inc. now owns 16,991 shares of the consumer goods maker’s stock valued at $1,046,000 after acquiring an additional 179 shares during the last quarter. M&T Bank Corp grew its position in Anheuser-Busch InBev SA/NV by 23.9% in the first quarter. M&T Bank Corp now owns 5,805 shares of the consumer goods maker’s stock worth $357,000 after acquiring an additional 1,121 shares in the last quarter. Valeo Financial Advisors LLC bought a new stake in Anheuser-Busch InBev SA/NV during the first quarter worth approximately $251,000. Finally, Greenleaf Trust purchased a new stake in Anheuser-Busch InBev SA/NV during the first quarter valued at approximately $245,000. Hedge funds and other institutional investors 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.