Anheuser Busch Inbev NV (NYSE:BUD)’s share price hit a new 52-week low on Thursday . The company traded as low as $71.10 and last traded at $71.61, with a volume of 84258 shares trading hands. The stock had previously closed at $74.27.
BUD has been the topic of a number of research analyst reports. Macquarie set a $92.00 price target on shares of Anheuser Busch Inbev and gave the company a “buy” rating in a report on Tuesday, October 16th. Guggenheim initiated coverage on shares of Anheuser Busch Inbev in a report on Thursday, September 13th. They issued a “buy” rating and a $107.00 price target on the stock. Zacks Investment Research upgraded shares of Anheuser Busch Inbev from a “sell” rating to a “hold” rating in a report on Wednesday, September 5th. Jefferies Financial Group lowered shares of Anheuser Busch Inbev from a “buy” rating to a “hold” rating in a report on Monday, October 1st. Finally, Argus lowered shares of Anheuser Busch Inbev from a “buy” rating to a “hold” rating in a report on Monday, November 12th. Four equities research analysts have rated the stock with a sell rating, three have issued a hold rating and nine have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $113.26.
The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.53 and a current ratio of 0.67. The firm has a market cap of $125.76 billion, a price-to-earnings ratio of 17.89, a price-to-earnings-growth ratio of 2.78 and a beta of 1.06.
The firm also recently announced a semiannual dividend, which will be paid on Friday, December 21st. Investors of record on Wednesday, November 28th will be issued a dividend of $0.9131 per share. The ex-dividend date is Tuesday, November 27th. This represents a dividend yield of 2.38%. Anheuser Busch Inbev’s payout ratio is 33.42%.
Several large investors have recently bought and sold shares of the stock. Gardner Russo & Gardner LLC acquired a new position in shares of Anheuser Busch Inbev during the 2nd quarter valued at $818,436,000. Clearbridge Investments LLC lifted its holdings in shares of Anheuser Busch Inbev by 5.8% during the 3rd quarter. Clearbridge Investments LLC now owns 7,809,706 shares of the consumer goods maker’s stock valued at $683,896,000 after acquiring an additional 429,408 shares in the last quarter. Franklin Resources Inc. lifted its holdings in shares of Anheuser Busch Inbev by 44.5% during the 3rd quarter. Franklin Resources Inc. now owns 7,714,058 shares of the consumer goods maker’s stock valued at $675,521,000 after acquiring an additional 2,377,177 shares in the last quarter. Fisher Asset Management LLC lifted its holdings in shares of Anheuser Busch Inbev by 1.6% during the 3rd quarter. Fisher Asset Management LLC now owns 6,446,579 shares of the consumer goods maker’s stock valued at $564,527,000 after acquiring an additional 100,075 shares in the last quarter. Finally, Morgan Stanley lifted its holdings in shares of Anheuser Busch Inbev by 6.2% during the 3rd quarter. Morgan Stanley now owns 4,729,784 shares of the consumer goods maker’s stock valued at $414,186,000 after acquiring an additional 274,995 shares in the last quarter. Institutional investors and hedge funds own 4.43% of the company’s stock.
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About Anheuser Busch Inbev (NYSE:BUD)
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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