Anheuser-Busch InBev SA/NV (NYSE:BUD) Receives “Buy” Rating from UBS Group

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

Other analysts also recently issued reports about the company. Sanford C. Bernstein reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, November 26th. Barclays reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, February 13th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, February 6th. Royal Bank Of Canada reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, February 12th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Anheuser-Busch InBev SA/NV presently has a consensus rating of “Moderate Buy” and a consensus price target of $81.00.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE BUD opened at $79.49 on Thursday. Anheuser-Busch InBev SA/NV has a 52-week low of $56.97 and a 52-week high of $81.56. The company has a 50-day simple moving average of $70.81 and a 200 day simple moving average of $64.60. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.57 and a current ratio of 0.72. The company has a market capitalization of $155.22 billion, a PE ratio of 23.11, a price-to-earnings-growth ratio of 1.33 and a beta of 0.55.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its earnings results on Thursday, February 12th. The consumer goods maker reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 11.53% and a return on equity of 15.67%. The firm had revenue of $15.56 billion for the quarter, compared to analysts’ expectations of $15.48 billion. During the same period in the previous year, the company earned $0.88 earnings per share. The company’s quarterly revenue was up 6.2% on a year-over-year basis. On average, research analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Hedge Funds Weigh In On Anheuser-Busch InBev SA/NV

A number of large investors have recently modified their holdings of BUD. Fisher Asset Management LLC increased its holdings in Anheuser-Busch InBev SA/NV by 3.3% during the 4th quarter. Fisher Asset Management LLC now owns 11,380,404 shares of the consumer goods maker’s stock worth $728,801,000 after acquiring an additional 368,721 shares during the period. Morgan Stanley grew its position in shares of Anheuser-Busch InBev SA/NV by 29.8% during the 4th quarter. Morgan Stanley now owns 4,205,767 shares of the consumer goods maker’s stock valued at $269,337,000 after purchasing an additional 966,378 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Anheuser-Busch InBev SA/NV by 1.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 4,009,863 shares of the consumer goods maker’s stock worth $256,792,000 after purchasing an additional 42,009 shares during the period. Bank of America Corp DE raised its position in shares of Anheuser-Busch InBev SA/NV by 12.8% in the third quarter. Bank of America Corp DE now owns 3,770,946 shares of the consumer goods maker’s stock worth $224,786,000 after buying an additional 426,495 shares in the last quarter. Finally, GQG Partners LLC bought a new stake in Anheuser-Busch InBev SA/NV during the fourth quarter valued at $149,778,000. 5.53% of the stock is currently owned by institutional investors.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.