Anheuser-Busch InBev SA/NV’s (BUD) “Buy” Rating Reiterated at UBS Group

UBS Group restated their buy rating on shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) in a research report released on Tuesday,MarketScreener reports.

A number of other research firms also recently weighed in on BUD. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday. Berenberg Bank reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, September 18th. The Goldman Sachs Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, September 25th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday. Finally, Royal Bank Of Canada reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, September 17th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Anheuser-Busch InBev SA/NV currently has a consensus rating of “Buy” and an average price target of $71.00.

Anheuser-Busch InBev SA/NV Stock Up 0.8%

NYSE:BUD opened at $60.02 on Tuesday. The company has a current ratio of 0.64, a quick ratio of 0.48 and a debt-to-equity ratio of 0.79. The stock has a 50-day moving average price of $60.93 and a two-hundred day moving average price of $64.76. Anheuser-Busch InBev SA/NV has a 1 year low of $45.94 and a 1 year high of $72.13. The stock has a market cap of $117.19 billion, a price-to-earnings ratio of 16.86, a PEG ratio of 1.72 and a beta of 0.76.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its earnings results on Thursday, July 31st. The consumer goods maker reported $0.98 EPS for the quarter, topping the consensus estimate of $0.94 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 12.16% and a return on equity of 16.21%. During the same quarter in the prior year, the company posted $0.90 EPS. The firm’s quarterly revenue was down 2.1% on a year-over-year basis. As a group, equities analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Institutional Investors Weigh In On Anheuser-Busch InBev SA/NV

Several hedge funds have recently modified their holdings of the company. Dodge & Cox grew its position in Anheuser-Busch InBev SA/NV by 2.8% during the 1st quarter. Dodge & Cox now owns 41,116,138 shares of the consumer goods maker’s stock worth $2,531,109,000 after acquiring an additional 1,119,308 shares during the last quarter. Fisher Asset Management LLC boosted its stake in shares of Anheuser-Busch InBev SA/NV by 4.5% during the second quarter. Fisher Asset Management LLC now owns 10,663,933 shares of the consumer goods maker’s stock valued at $732,826,000 after purchasing an additional 454,621 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of Anheuser-Busch InBev SA/NV by 23.7% during the second quarter. Bank of America Corp DE now owns 3,344,451 shares of the consumer goods maker’s stock worth $229,831,000 after purchasing an additional 641,158 shares during the last quarter. Hotchkis & Wiley Capital Management LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 7.3% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 2,790,240 shares of the consumer goods maker’s stock valued at $171,767,000 after buying an additional 190,830 shares during the period. Finally, Clarkston Capital Partners LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 0.3% in the first quarter. Clarkston Capital Partners LLC now owns 1,498,297 shares of the consumer goods maker’s stock valued at $92,235,000 after buying an additional 4,455 shares during the period. Institutional investors and hedge funds own 5.53% of the company’s stock.

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.