ValuEngine lowered shares of Anheuser-Busch InBev (NYSE:BUD) from a hold rating to a sell rating in a research report report published on Monday.
Several other analysts have also recently commented on BUD. Zacks Investment Research cut shares of Anheuser-Busch InBev from a hold rating to a sell rating in a research note on Wednesday, December 27th. Susquehanna Bancshares set a $128.00 price objective on shares of Anheuser-Busch InBev and gave the company a hold rating in a research note on Tuesday, January 2nd. Jefferies Group set a $134.00 price objective on shares of Anheuser-Busch InBev and gave the company a buy rating in a research note on Thursday, January 11th. Deutsche Bank raised shares of Anheuser-Busch InBev from a hold rating to a buy rating in a research note on Wednesday, January 17th. Finally, JPMorgan Chase lowered their price objective on shares of Anheuser-Busch InBev from $106.68 to $98.72 and set an underweight rating for the company in a research note on Thursday, February 15th. Four investment analysts have rated the stock with a sell rating, two have given a hold rating and nine have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average price target of $123.25.
BUD stock opened at $103.07 on Monday. The company has a market capitalization of $175,995.58, a price-to-earnings ratio of 25.73, a PEG ratio of 1.44 and a beta of 0.99. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.66 and a quick ratio of 0.55. Anheuser-Busch InBev has a one year low of $101.21 and a one year high of $126.50.
The business also recently disclosed a semiannual dividend, which will be paid on Wednesday, May 30th. Stockholders of record on Wednesday, May 2nd will be paid a dividend of $2.4784 per share. The ex-dividend date is Tuesday, May 1st. This is a boost from Anheuser-Busch InBev’s previous semiannual dividend of $1.85. This represents a dividend yield of 4.72%. Anheuser-Busch InBev’s payout ratio is currently 79.46%.
A number of institutional investors have recently made changes to their positions in the stock. Fisher Asset Management LLC boosted its position in Anheuser-Busch InBev by 3.1% during the 4th quarter. Fisher Asset Management LLC now owns 5,997,016 shares of the consumer goods maker’s stock worth $669,027,000 after purchasing an additional 178,209 shares during the period. Clearbridge Investments LLC lifted its holdings in Anheuser-Busch InBev by 10.4% in the 4th quarter. Clearbridge Investments LLC now owns 5,597,430 shares of the consumer goods maker’s stock worth $624,449,000 after buying an additional 529,519 shares in the last quarter. Viking Global Investors LP lifted its holdings in Anheuser-Busch InBev by 82.0% in the 4th quarter. Viking Global Investors LP now owns 2,856,181 shares of the consumer goods maker’s stock worth $318,636,000 after buying an additional 1,287,055 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in Anheuser-Busch InBev by 6.2% in the 4th quarter. The Manufacturers Life Insurance Company now owns 2,666,047 shares of the consumer goods maker’s stock worth $297,424,000 after buying an additional 156,565 shares in the last quarter. Finally, Maverick Capital Ltd. lifted its holdings in Anheuser-Busch InBev by 53.0% in the 4th quarter. Maverick Capital Ltd. now owns 2,261,184 shares of the consumer goods maker’s stock worth $252,258,000 after buying an additional 783,554 shares in the last quarter. 5.91% of the stock is owned by hedge funds and other institutional investors.
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Anheuser-Busch InBev Company Profile
Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. It offers a portfolio of approximately 500 beer brands, including Budweiser, Corona, and Stella Artois; Beck's, Castle, Castle Lite, Hoegaarden, and Leffe; and Aguila, Antarctica, Bud Light, Brahma, Cass, Chernigivske, Cristal, Harbin, Jupiler, Klinskoye, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, Sibirskaya Korona, and Skol.
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