Brokerages Set Anheuser-Busch InBev SA/NV (NYSE:BUD) PT at $71.70

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have received a consensus rating of “Moderate Buy” from the nine research firms that are currently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $71.70.

BUD has been the topic of a number of recent research reports. BNP Paribas lowered Anheuser-Busch InBev SA/NV from an “outperform” rating to a “neutral” rating in a report on Friday, January 12th. TD Cowen cut their price objective on shares of Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an “outperform” rating for the company in a research report on Tuesday, March 5th. Finally, Jefferies Financial Group raised shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and lifted their target price for the company from $60.00 to $76.00 in a report on Wednesday, January 10th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Anchor Investment Management LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter worth approximately $26,000. Naples Money Management LLC purchased a new stake in Anheuser-Busch InBev SA/NV during the fourth quarter worth $30,000. Householder Group Estate & Retirement Specialist LLC acquired a new stake in Anheuser-Busch InBev SA/NV in the third quarter valued at $26,000. Main Street Group LTD purchased a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at $37,000. Finally, GPS Wealth Strategies Group LLC raised its stake in shares of Anheuser-Busch InBev SA/NV by 448.2% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 603 shares of the consumer goods maker’s stock worth $33,000 after buying an additional 493 shares during the last quarter. 5.53% of the stock is currently owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Stock Up 0.4 %

Shares of NYSE:BUD opened at $57.35 on Friday. Anheuser-Busch InBev SA/NV has a 1-year low of $51.66 and a 1-year high of $66.56. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.63 and a quick ratio of 0.48. The stock has a market cap of $99.63 billion, a P/E ratio of 21.64, a P/E/G ratio of 1.75 and a beta of 1.13. The firm has a fifty day moving average price of $61.24 and a 200 day moving average price of $60.79.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its earnings results on Wednesday, February 28th. The consumer goods maker reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.06. The business had revenue of $14.47 billion during the quarter, compared to the consensus estimate of $15.34 billion. Anheuser-Busch InBev SA/NV had a net margin of 8.99% and a return on equity of 13.57%. During the same quarter in the prior year, the firm earned $0.98 earnings per share. Sell-side analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Anheuser-Busch InBev SA/NV Increases Dividend

The business also recently disclosed an annual dividend, which will be paid on Friday, June 7th. Investors of record on Monday, May 6th will be paid a $0.8722 dividend. This is a boost from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. The ex-dividend date of this dividend is Friday, May 3rd. This represents a dividend yield of 1.1%. Anheuser-Busch InBev SA/NV’s dividend payout ratio (DPR) is 23.02%.

About Anheuser-Busch InBev SA/NV

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.