Brokerages Set Anheuser-Busch InBev SA/NV (NYSE:BUD) Target Price at $72.00

Anheuser-Busch InBev SA/NV (NYSE:BUD) has been assigned an average recommendation of “Moderate Buy” from the seventeen analysts that are covering the company, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $72.00.

A number of equities analysts have commented on the stock. Jefferies Financial Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday, November 19th. UBS Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, October 31st. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, November 26th. The Goldman Sachs Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, November 28th. Finally, Berenberg Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, September 18th.

Anheuser-Busch InBev SA/NV Stock Up 0.3%

Shares of NYSE:BUD opened at $61.14 on Thursday. Anheuser-Busch InBev SA/NV has a 52-week low of $45.94 and a 52-week high of $72.13. The stock has a market cap of $119.37 billion, a P/E ratio of 19.98, a PEG ratio of 1.80 and a beta of 0.58. The business has a fifty day moving average of $61.42 and a two-hundred day moving average of $63.98. 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 (NYSE:BUD) last posted its quarterly earnings results on Thursday, October 30th. The consumer goods maker reported $0.99 EPS for the quarter, topping the consensus estimate of $0.97 by $0.02. Anheuser-Busch InBev SA/NV had a return on equity of 16.20% and a net margin of 10.40%.The business had revenue of $15.13 billion for the quarter, compared to analyst estimates of $15.28 billion. During the same quarter in the previous year, the firm earned $0.98 EPS. The company’s quarterly revenue was up .6% compared to the same quarter last year. On average, research analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Anheuser-Busch InBev SA/NV Announces Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, December 17th. Stockholders of record on Wednesday, November 19th will be issued a dividend of $0.1722 per share. The ex-dividend date is Wednesday, November 19th. This represents a dividend yield of 57.0%. Anheuser-Busch InBev SA/NV’s dividend payout ratio is currently 7.84%.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of BUD. LPL Financial LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 23.0% during the first quarter. LPL Financial LLC now owns 197,108 shares of the consumer goods maker’s stock valued at $12,134,000 after acquiring an additional 36,847 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Anheuser-Busch InBev SA/NV by 5.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 21,365 shares of the consumer goods maker’s stock worth $1,315,000 after purchasing an additional 1,097 shares during the period. Atria Wealth Solutions Inc. purchased a new position in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth approximately $2,240,000. Charles Schwab Investment Management Inc. increased its holdings in Anheuser-Busch InBev SA/NV by 88.6% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 79,511 shares of the consumer goods maker’s stock valued at $4,895,000 after purchasing an additional 37,356 shares during the last quarter. Finally, Ironwood Investment Counsel LLC raised its position in Anheuser-Busch InBev SA/NV by 2.3% in the first quarter. Ironwood Investment Counsel LLC now owns 83,469 shares of the consumer goods maker’s stock valued at $5,138,000 after purchasing an additional 1,893 shares during the period. Institutional investors and hedge funds own 5.53% of the company’s stock.

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.