Anheuser-Busch InBev SA/NV (NYSE:BUD) Hits New 52-Week High - Time to Buy?

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as $71.29 and last traded at $71.25, with a volume of 2212666 shares traded. The stock had previously closed at $70.49.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Wall Street Zen cut shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a report on Sunday, May 18th. Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a report on Monday, March 3rd. BNP Paribas upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "strong-buy" rating in a report on Friday, May 30th. The Goldman Sachs Group upgraded shares of 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 report on Monday, May 12th. Finally, Berenberg Bank assumed coverage on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, April 2nd. They issued a "buy" rating for the company. Two equities research analysts have rated the stock with a hold rating, seven have given a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, Anheuser-Busch InBev SA/NV has an average rating of "Buy" and a consensus price target of $71.50.

Anheuser-Busch InBev SA/NV Stock Performance

The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. The firm has a market capitalization of $128.63 billion, a price-to-earnings ratio of 22.09, a PEG ratio of 1.73 and a beta of 0.83. The firm's fifty day moving average is $65.47 and its 200 day moving average is $57.78.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The consumer goods maker reported $0.81 EPS for the quarter, topping the consensus estimate of $0.77 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. The business's quarterly revenue was down 6.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.75 earnings per share. On average, analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Anheuser-Busch InBev SA/NV Increases Dividend

The business also recently declared an annual dividend, which will be paid on Friday, June 6th. Investors of record on Wednesday, May 7th will be issued a dividend of $1.0492 per share. This is a boost from Anheuser-Busch InBev SA/NV's previous annual dividend of $0.87. This represents a dividend yield of 1.2%. The ex-dividend date is Wednesday, May 7th. Anheuser-Busch InBev SA/NV's dividend payout ratio (DPR) is currently 22.32%.

Institutional Trading of Anheuser-Busch InBev SA/NV

A number of institutional investors have recently added to or reduced their stakes in the business. Vontobel Holding Ltd. lifted its stake in Anheuser-Busch InBev SA/NV by 2.3% in the first quarter. Vontobel Holding Ltd. now owns 7,678 shares of the consumer goods maker's stock valued at $473,000 after acquiring an additional 174 shares during the last quarter. Crossmark Global Holdings Inc. lifted its stake in Anheuser-Busch InBev SA/NV by 1.1% in the first quarter. Crossmark Global Holdings Inc. now owns 16,991 shares of the consumer goods maker's stock valued at $1,046,000 after acquiring an additional 179 shares during the last quarter. Laurel Wealth Advisors LLC lifted its stake in Anheuser-Busch InBev SA/NV by 23.5% in the first quarter. Laurel Wealth Advisors LLC now owns 1,050 shares of the consumer goods maker's stock valued at $65,000 after acquiring an additional 200 shares during the last quarter. Callan Capital LLC lifted its stake in Anheuser-Busch InBev SA/NV by 2.2% in the fourth quarter. Callan Capital LLC now owns 10,607 shares of the consumer goods maker's stock valued at $531,000 after acquiring an additional 229 shares during the last quarter. Finally, Moors & Cabot Inc. lifted its stake in Anheuser-Busch InBev SA/NV by 4.6% in the fourth quarter. Moors & Cabot Inc. now owns 5,329 shares of the consumer goods maker's stock valued at $267,000 after acquiring an additional 234 shares during the last quarter. 5.53% of the stock is currently owned by institutional investors and hedge funds.

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.