Anheuser-Busch InBev SA/NV (NYSE:BUD) Rating Lowered to Hold at Deutsche Bank Aktiengesellschaft

Anheuser-Busch InBev SA/NV (NYSE:BUD) was downgraded by equities researchers at Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a note issued to investors on Friday, Marketbeat.com reports.

A number of other research firms have also issued reports on BUD. UBS Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, October 31st. Barclays reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, October 31st. Jefferies Financial Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, November 19th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Wednesday. Finally, Wells Fargo & Company began coverage on Anheuser-Busch InBev SA/NV in a research report on Wednesday, November 19th. They set an “overweight” rating and a $75.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $72.00.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD stock opened at $61.55 on Friday. Anheuser-Busch InBev SA/NV has a 1-year low of $45.94 and a 1-year high of $72.13. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.64 and a quick ratio of 0.48. The firm has a market cap of $120.18 billion, a P/E ratio of 17.29, a P/E/G ratio of 1.75 and a beta of 0.76. The firm has a fifty day moving average of $61.19 and a two-hundred day moving average of $64.19.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings data on Thursday, October 30th. The consumer goods maker reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.02. Anheuser-Busch InBev SA/NV had a return on equity of 16.21% and a net margin of 12.16%.The firm had revenue of $15.13 billion during the quarter, compared to the consensus estimate of $15.28 billion. During the same period in the prior year, the business earned $0.98 EPS. The business’s revenue for the quarter was up .6% on a year-over-year basis. As a group, research analysts anticipate that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

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

Institutional investors have recently bought and sold shares of the stock. Legacy Investment Solutions LLC acquired a new position in shares of Anheuser-Busch InBev SA/NV during the 2nd quarter valued at about $28,000. Salomon & Ludwin LLC grew its holdings in Anheuser-Busch InBev SA/NV by 494.7% during the third quarter. Salomon & Ludwin LLC now owns 446 shares of the consumer goods maker’s stock valued at $27,000 after purchasing an additional 371 shares during the last quarter. Elevation Point Wealth Partners LLC bought a new position in shares of Anheuser-Busch InBev SA/NV in the second quarter valued at approximately $35,000. NewSquare Capital LLC raised its position in shares of Anheuser-Busch InBev SA/NV by 602.7% in the second quarter. NewSquare Capital LLC now owns 527 shares of the consumer goods maker’s stock valued at $36,000 after purchasing an additional 452 shares during the period. Finally, Mather Group LLC. acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the third quarter worth $34,000. 5.53% of the stock is currently owned by institutional investors.

Anheuser-Busch InBev SA/NV Company Profile

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.