Anheuser-Busch InBev SA/NV’s (BUD) “Buy” Rating Reiterated at Sanford C. Bernstein

Sanford C. Bernstein reaffirmed their buy rating on shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) in a report released on Monday,MarketScreener reports.

BUD has been the subject of several other research reports. BNP Paribas raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 30th. Royal Bank Of Canada reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday. Finally, Wall Street Zen lowered Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a research report on Sunday, May 18th. Three investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV presently has a consensus rating of “Buy” and an average price target of $71.00.

Anheuser-Busch InBev SA/NV Stock Up 1.5%

Shares of NYSE BUD opened at $58.79 on Monday. Anheuser-Busch InBev SA/NV has a one year low of $45.94 and a one year high of $72.13. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.64 and a quick ratio of 0.48. The firm’s 50 day simple moving average is $62.90 and its two-hundred day simple moving average is $64.98. The stock has a market capitalization of $105.66 billion, a P/E ratio of 16.51, a PEG ratio of 1.63 and a beta of 0.79.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings results on Thursday, July 31st. The consumer goods maker reported $0.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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%. The business’s revenue was down 2.1% compared to the same quarter last year. During the same period last year, the firm posted $0.90 EPS. As a group, analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Institutional Trading of Anheuser-Busch InBev SA/NV

Hedge funds and other institutional investors have recently bought and sold shares of the business. Sage Rhino Capital LLC grew its position in shares of Anheuser-Busch InBev SA/NV by 5.1% during the 2nd quarter. Sage Rhino Capital LLC now owns 3,477 shares of the consumer goods maker’s stock worth $239,000 after buying an additional 170 shares in the last quarter. Vontobel Holding Ltd. grew its position in shares of Anheuser-Busch InBev SA/NV by 2.3% during the 1st quarter. Vontobel Holding Ltd. now owns 7,678 shares of the consumer goods maker’s stock worth $473,000 after buying an additional 174 shares in the last quarter. Crossmark Global Holdings Inc. grew its position in shares of Anheuser-Busch InBev SA/NV by 1.1% during the 1st quarter. Crossmark Global Holdings Inc. now owns 16,991 shares of the consumer goods maker’s stock worth $1,046,000 after buying an additional 179 shares in the last quarter. Huntington National Bank grew its position in shares of Anheuser-Busch InBev SA/NV by 16.3% during the 2nd quarter. Huntington National Bank now owns 1,387 shares of the consumer goods maker’s stock worth $95,000 after buying an additional 194 shares in the last quarter. Finally, Laurel Wealth Advisors LLC grew its position in shares of Anheuser-Busch InBev SA/NV by 23.5% during the 1st quarter. Laurel Wealth Advisors LLC now owns 1,050 shares of the consumer goods maker’s stock worth $65,000 after buying an additional 200 shares in the last quarter. Hedge funds and other institutional investors 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.