Analysts Set Anheuser-Busch InBev SA/NV (NYSE:BUD) Target Price at $71.70

Shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) have earned an average rating of “Moderate Buy” from the nine brokerages that are covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $71.70.

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

Institutional Trading of Anheuser-Busch InBev SA/NV

Several hedge funds and other institutional investors have recently bought and sold shares of the company. The Manufacturers Life Insurance Company boosted its stake in Anheuser-Busch InBev SA/NV by 11.6% in the third quarter. The Manufacturers Life Insurance Company now owns 10,367,287 shares of the consumer goods maker’s stock worth $573,311,000 after buying an additional 1,077,724 shares in the last quarter. Capital International Investors grew its holdings in shares of Anheuser-Busch InBev SA/NV by 3.6% in the first quarter. Capital International Investors now owns 7,344,543 shares of the consumer goods maker’s stock worth $444,214,000 after purchasing an additional 252,914 shares during the last quarter. Moneta Group Investment Advisors LLC grew its holdings in shares of Anheuser-Busch InBev SA/NV by 82,251.7% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 4,778,048 shares of the consumer goods maker’s stock worth $286,874,000 after purchasing an additional 4,772,246 shares during the last quarter. Morgan Stanley grew its holdings in shares of Anheuser-Busch InBev SA/NV by 7.8% in the fourth quarter. Morgan Stanley now owns 2,510,014 shares of the consumer goods maker’s stock worth $150,701,000 after purchasing an additional 181,496 shares during the last quarter. Finally, Royal Bank of Canada grew its holdings in shares of Anheuser-Busch InBev SA/NV by 9.3% in the first quarter. Royal Bank of Canada now owns 2,246,141 shares of the consumer goods maker’s stock worth $134,902,000 after purchasing an additional 190,769 shares during the last quarter. Hedge funds and other institutional investors own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Trading Up 1.4 %

Shares of BUD opened at $58.74 on Friday. The company has a quick ratio of 0.48, a current ratio of 0.63 and a debt-to-equity ratio of 0.80. The business’s 50-day moving average price is $60.97 and its 200-day moving average price is $60.80. The stock has a market cap of $102.03 billion, a PE ratio of 22.16, a P/E/G ratio of 1.73 and a beta of 1.13. Anheuser-Busch InBev SA/NV has a twelve month low of $51.66 and a twelve month high of $66.56.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings data 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 company had revenue of $14.47 billion for the quarter, compared to analysts’ expectations 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 period in the prior year, the business earned $0.98 earnings per share. On average, equities analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Increases Dividend

The company also recently announced an annual dividend, which will be paid on Friday, June 7th. Shareholders of record on Monday, May 6th will be paid a $0.8722 dividend. The ex-dividend date of this dividend is Friday, May 3rd. This represents a yield of 1.1%. This is a positive change from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61. Anheuser-Busch InBev SA/NV’s dividend payout ratio is currently 23.02%.

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.