Anheuser-Busch InBev SA/NV (NYSE:BUD) Lowered to "Hold" Rating by Wall Street Zen

Wall Street Zen downgraded shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) from a buy rating to a hold rating in a report published on Sunday.

A number of other research analysts have also recently commented on BUD. Berenberg Bank assumed coverage on Anheuser-Busch InBev SA/NV in a research note on Wednesday, April 2nd. They issued a "buy" rating for the company. Deutsche Bank Aktiengesellschaft raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research report on Monday, March 3rd. The Goldman Sachs Group raised Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and raised their target price for the stock from $70.10 to $88.00 in a research report on Monday, May 12th. Finally, Argus raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 target price for the company in a research report on Thursday, March 27th. Two equities research analysts have rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Anheuser-Busch InBev SA/NV presently has a consensus rating of "Buy" and an average target price of $71.50.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD traded up $0.97 during trading hours on Friday, reaching $69.32. The stock had a trading volume of 1,823,671 shares, compared to its average volume of 1,881,636. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $69.36. The stock has a market capitalization of $124.59 billion, a PE ratio of 21.40, a PEG ratio of 1.73 and a beta of 0.83. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. The company's 50-day moving average is $64.35 and its two-hundred day moving average is $57.11.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The consumer goods maker reported $0.81 EPS for the quarter, beating analysts' consensus estimates of $0.77 by $0.04. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. During the same period in the previous year, the business posted $0.75 earnings per share. The firm's quarterly revenue was down 6.3% compared to the same quarter last year. Research analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Anheuser-Busch InBev SA/NV Increases Dividend

The firm also recently disclosed an annual dividend, which will be paid on Friday, June 6th. Stockholders of record on Wednesday, May 7th will be given a $1.0492 dividend. The ex-dividend date is Wednesday, May 7th. This is a positive change from Anheuser-Busch InBev SA/NV's previous annual dividend of $0.87. This represents a dividend yield of 1.2%. Anheuser-Busch InBev SA/NV's dividend payout ratio (DPR) is 22.32%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in BUD. Brooklyn Investment Group bought a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter worth about $50,000. LVW Advisors LLC increased its position in Anheuser-Busch InBev SA/NV by 33.2% in the 4th quarter. LVW Advisors LLC now owns 6,444 shares of the consumer goods maker's stock valued at $323,000 after buying an additional 1,606 shares in the last quarter. UMB Bank n.a. increased its position in Anheuser-Busch InBev SA/NV by 234.0% in the 4th quarter. UMB Bank n.a. now owns 1,984 shares of the consumer goods maker's stock valued at $99,000 after buying an additional 1,390 shares in the last quarter. Penn Davis Mcfarland Inc. increased its position in Anheuser-Busch InBev SA/NV by 34.0% in the 4th quarter. Penn Davis Mcfarland Inc. now owns 467,519 shares of the consumer goods maker's stock valued at $23,409,000 after buying an additional 118,686 shares in the last quarter. Finally, Ballentine Partners LLC increased its position in Anheuser-Busch InBev SA/NV by 22.3% in the 4th quarter. Ballentine Partners LLC now owns 6,911 shares of the consumer goods maker's stock valued at $346,000 after buying an additional 1,258 shares in the last quarter. 5.53% of the stock is owned by institutional investors.

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.