Anheuser-Busch InBev SA/NV (NYSE:BUD) Given “Buy” Rating at Sanford C. Bernstein

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

A number of other research firms have also weighed in on BUD. SBG Securities lowered Anheuser-Busch InBev SA/NV to a “hold” rating in a research note on Monday, March 2nd. Wells Fargo & Company lifted their target price on shares of Anheuser-Busch InBev SA/NV from $75.00 to $85.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. JPMorgan Chase & Co. reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, April 2nd. DZ Bank reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, February 20th. Finally, UBS Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday, April 7th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $86.50.

Anheuser-Busch InBev SA/NV Trading Down 1.8%

Shares of BUD opened at $73.73 on Monday. Anheuser-Busch InBev SA/NV has a fifty-two week low of $56.97 and a fifty-two week high of $81.56. The firm has a market cap of $143.81 billion, a price-to-earnings ratio of 21.42, a PEG ratio of 1.40 and a beta of 0.58. The firm has a 50 day moving average price of $74.35 and a 200-day moving average price of $67.83. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.57 and a current ratio of 0.72.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its earnings results on Thursday, February 12th. The consumer goods maker reported $0.95 EPS for the quarter, beating the consensus estimate of $0.91 by $0.04. The company had revenue of $15.56 billion for the quarter, compared to analyst estimates of $15.48 billion. Anheuser-Busch InBev SA/NV had a net margin of 11.53% and a return on equity of 15.67%. The firm’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.88 EPS. As a group, equities research analysts forecast that Anheuser-Busch InBev SA/NV will post 4.19 earnings per share for the current year.

Institutional Trading of Anheuser-Busch InBev SA/NV

Several institutional investors and hedge funds have recently modified their holdings of the company. Seafarer Capital Partners LLC lifted its holdings in Anheuser-Busch InBev SA/NV by 1.5% in the 3rd quarter. Seafarer Capital Partners LLC now owns 1,034,000 shares of the consumer goods maker’s stock worth $61,637,000 after purchasing an additional 15,000 shares in the last quarter. Savoir Faire Capital Management L.P. bought a new position in Anheuser-Busch InBev SA/NV during the third quarter valued at $2,086,000. Atlantic Union Bankshares Corp grew its stake in shares of Anheuser-Busch InBev SA/NV by 33,184.8% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 15,311 shares of the consumer goods maker’s stock worth $913,000 after buying an additional 15,265 shares in the last quarter. Caprock Group LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV in the 3rd quarter worth $818,000. Finally, Aquatic Capital Management LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 3rd quarter valued at about $5,355,000. 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.