Anheuser-Busch InBev SA/NV (NYSE:BUD) Given Buy Rating at UBS Group

Anheuser-Busch InBev SA/NV (NYSE:BUD)‘s stock had its “buy” rating restated by equities research analysts at UBS Group in a report released on Thursday,MarketScreener reports.

A number of other brokerages also recently issued reports on BUD. Berenberg Bank reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Monday, February 16th. JPMorgan Chase & Co. reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, February 6th. Wells Fargo & Company lifted their target price on Anheuser-Busch InBev SA/NV from $75.00 to $85.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Deutsche Bank Aktiengesellschaft reiterated a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Monday, February 16th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $81.00.

Anheuser-Busch InBev SA/NV Trading Up 0.8%

Shares of NYSE BUD traded up $0.60 during trading hours on Thursday, reaching $79.19. The stock had a trading volume of 247,811 shares, compared to its average volume of 2,334,174. Anheuser-Busch InBev SA/NV has a 52-week low of $56.97 and a 52-week high of $81.56. The firm has a market cap of $154.64 billion, a price-to-earnings ratio of 23.01, a P/E/G ratio of 1.37 and a beta of 0.55. The business’s fifty day moving average price is $70.51 and its two-hundred day moving average price is $64.49. The company has a current ratio of 0.72, a quick ratio of 0.57 and a debt-to-equity ratio of 0.74.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued 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. The business had revenue of $15.56 billion during the quarter, compared to analyst estimates of $15.48 billion. Anheuser-Busch InBev SA/NV had a return on equity of 15.67% and a net margin of 11.53%.Anheuser-Busch InBev SA/NV’s revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.88 EPS. 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 made changes to their positions in the stock. Bogart Wealth LLC lifted its stake in Anheuser-Busch InBev SA/NV by 3,800.0% during the fourth quarter. Bogart Wealth LLC now owns 390 shares of the consumer goods maker’s stock valued at $25,000 after purchasing an additional 380 shares during the last quarter. Birchwood Financial Partners Inc. acquired a new stake in Anheuser-Busch InBev SA/NV during the fourth quarter valued at $26,000. Legacy Investment Solutions LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the 2nd quarter valued at about $28,000. Salomon & Ludwin LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 494.7% during the 3rd quarter. Salomon & Ludwin LLC now owns 446 shares of the consumer goods maker’s stock worth $27,000 after purchasing an additional 371 shares during the last quarter. Finally, Parkside Financial Bank & Trust raised its holdings in Anheuser-Busch InBev SA/NV by 79.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 498 shares of the consumer goods maker’s stock valued at $32,000 after buying an additional 220 shares in the last quarter. 5.53% of the stock is currently owned by institutional investors.

Anheuser-Busch InBev SA/NV Company Profile

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.