Anheuser-Busch InBev SA/NV (NYSE:BUD) Upgraded to “Buy” by UBS Group

UBS Group upgraded shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) from a neutral rating to a buy rating in a report released on Monday, Marketbeat Ratings reports.

Separately, TD Cowen cut their target price on Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an outperform rating on the stock in a research note on Tuesday, March 5th. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of Moderate Buy and a consensus target price of $72.13.

Anheuser-Busch InBev SA/NV Trading Down 0.7 %

Shares of NYSE BUD opened at $59.06 on Monday. The business’s 50 day moving average is $61.87 and its two-hundred day moving average is $62.18. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.63 and a quick ratio of 0.48. Anheuser-Busch InBev SA/NV has a 1-year low of $51.66 and a 1-year high of $67.49. The stock has a market capitalization of $106.14 billion, a P/E ratio of 24.80, a PEG ratio of 1.41 and a beta of 1.12.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its earnings results on Wednesday, May 8th. The consumer goods maker reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.06. The firm had revenue of $14.55 billion for the quarter, compared to analysts’ expectations of $14.43 billion. Anheuser-Busch InBev SA/NV had a return on equity of 14.01% and a net margin of 8.03%. The company’s quarterly revenue was up 2.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.65 earnings per share. As a group, research analysts expect that Anheuser-Busch InBev SA/NV will post 3.42 EPS for the current year.

Anheuser-Busch InBev SA/NV Increases Dividend

The company also recently declared an annual dividend, which was paid on Friday, June 7th. Investors of record on Monday, May 6th were issued a $0.8722 dividend. This is a positive change from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. The ex-dividend date of this dividend was Friday, May 3rd. This represents a dividend yield of 1.1%. Anheuser-Busch InBev SA/NV’s payout ratio is presently 27.31%.

Institutional Trading of Anheuser-Busch InBev SA/NV

A number of large investors have recently modified their holdings of BUD. Anchor Investment Management LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $26,000. Naples Money Management LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $30,000. Cary Street Partners Investment Advisory LLC boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 125.4% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 629 shares of the consumer goods maker’s stock valued at $35,000 after purchasing an additional 350 shares during the period. Russell Investments Group Ltd. boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 116.5% in the fourth quarter. Russell Investments Group Ltd. now owns 643 shares of the consumer goods maker’s stock valued at $42,000 after purchasing an additional 346 shares during the period. Finally, Janiczek Wealth Management LLC boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 111.0% in the fourth quarter. Janiczek Wealth Management LLC now owns 882 shares of the consumer goods maker’s stock valued at $57,000 after purchasing an additional 464 shares during the period. 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.