Anheuser-Busch InBev SA/NV (NYSE:BUD) Given “Buy” Rating at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft restated their buy rating on shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) in a research note published on Tuesday,MarketScreener reports.

BUD has been the subject of a number of other research reports. The Goldman Sachs Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, September 25th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, September 17th. Sanford C. Bernstein reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Monday, September 15th. UBS Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, September 18th. Finally, Morningstar raised shares of Anheuser-Busch InBev SA/NV to a “buy” rating in a report on Thursday, September 18th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $71.00.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE:BUD opened at $59.55 on Tuesday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.48 and a current ratio of 0.64. The company has a fifty day moving average of $61.35 and a two-hundred day moving average of $64.82. The stock has a market capitalization of $116.28 billion, a PE ratio of 16.73, a P/E/G ratio of 1.69 and a beta of 0.79. Anheuser-Busch InBev SA/NV has a fifty-two week low of $45.94 and a fifty-two week high of $72.13.

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

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Dodge & Cox lifted its holdings in shares of 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 period. Fisher Asset Management LLC increased its position in Anheuser-Busch InBev SA/NV by 4.5% during the 2nd quarter. Fisher Asset Management LLC now owns 10,663,933 shares of the consumer goods maker’s stock worth $732,826,000 after purchasing an additional 454,621 shares in the last quarter. Bank of America Corp DE increased its position in Anheuser-Busch InBev SA/NV by 23.7% during the 2nd 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 in the last quarter. Hotchkis & Wiley Capital Management LLC grew its position in 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 acquiring an additional 190,830 shares in the last quarter. Finally, Clarkston Capital Partners LLC grew its position in 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 acquiring an additional 4,455 shares in the last quarter. 5.53% of the stock is currently owned by hedge funds and other institutional investors.

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.