Deutsche Bank Aktiengesellschaft Reaffirms “Neutral” Rating for Anheuser-Busch InBev SA/NV (NYSE:BUD)

Anheuser-Busch InBev SA/NV (NYSE:BUD)‘s stock had its “neutral” rating reaffirmed by analysts at Deutsche Bank Aktiengesellschaft in a research report issued on Wednesday,MarketScreener reports.

BUD has been the subject of a number of other research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Monday, June 1st. Sanford C. Bernstein reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday. JPMorgan Chase & Co. reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday. Royal Bank Of Canada restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, May 5th. Finally, Jefferies Financial Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday. Eleven research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Anheuser-Busch InBev SA/NV currently has an average rating of “Moderate Buy” and a consensus target price of $91.94.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of Anheuser-Busch InBev SA/NV stock opened at $81.24 on Wednesday. The firm has a market cap of $158.45 billion, a price-to-earnings ratio of 22.18, a price-to-earnings-growth ratio of 1.35 and a beta of 0.59. The stock’s 50-day moving average is $80.06 and its 200-day moving average is $74.25. Anheuser-Busch InBev SA/NV has a one year low of $56.97 and a one year high of $85.56. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.72 and a quick ratio of 0.57.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings data on Tuesday, March 31st. The consumer goods maker reported $0.97 earnings per share for the quarter. The company had revenue of $15.27 billion during the quarter. Anheuser-Busch InBev SA/NV had a return on equity of 16.34% and a net margin of 11.90%. Equities analysts predict that Anheuser-Busch InBev SA/NV will post 4.32 earnings per share for the current fiscal year.

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

Several hedge funds and other institutional investors have recently made changes to their positions in BUD. Fisher Asset Management LLC increased its holdings in Anheuser-Busch InBev SA/NV by 3.3% in the 4th quarter. Fisher Asset Management LLC now owns 11,380,404 shares of the consumer goods maker’s stock valued at $728,801,000 after buying an additional 368,721 shares during the period. Victory Capital Management Inc. lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 53.7% during the 3rd quarter. Victory Capital Management Inc. now owns 828,670 shares of the consumer goods maker’s stock worth $49,397,000 after acquiring an additional 289,431 shares during the period. Aquatic Capital Management LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV during the 3rd quarter worth approximately $5,355,000. First Trust Advisors LP boosted its position in shares of Anheuser-Busch InBev SA/NV by 535.6% during the 3rd quarter. First Trust Advisors LP now owns 653,616 shares of the consumer goods maker’s stock worth $38,962,000 after acquiring an additional 550,774 shares in the last quarter. Finally, Bank of Montreal Can increased its stake in Anheuser-Busch InBev SA/NV by 150.6% in the third quarter. Bank of Montreal Can now owns 1,188,876 shares of the consumer goods maker’s stock valued at $70,869,000 after acquiring an additional 714,420 shares during the last quarter. 5.53% of the stock is 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.