Anheuser-Busch InBev SA/NV’s (BUD) Neutral Rating Reaffirmed at Barclays

Barclays reiterated their neutral rating on shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) in a report issued on Tuesday morning.

Several other research firms also recently weighed in on BUD. Bank of America reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, September 24th. Sanford C. Bernstein reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, June 30th. UBS Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, September 24th. Weiss Ratings lowered shares of Anheuser-Busch InBev SA/NV from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, July 17th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, September 24th. Twelve analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, Anheuser-Busch InBev SA/NV presently has a consensus rating of “Moderate Buy” and a consensus price target of $91.08.

Anheuser-Busch InBev SA/NV Trading Down 3.6%

Shares of Anheuser-Busch InBev SA/NV stock opened at $74.31 on Tuesday. The company has a 50-day moving average of $80.09 and a two-hundred day moving average of $78.50. The stock has a market cap of $150.06 billion, a PE ratio of 15.74, a price-to-earnings-growth ratio of 1.10 and a beta of 0.59. The company has a current ratio of 0.66, a quick ratio of 0.50 and a debt-to-equity ratio of 0.68. Anheuser-Busch InBev SA/NV has a 12-month low of $58.44 and a 12-month high of $86.60.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings data on Wednesday, July 29th. The consumer goods maker reported $1.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.12. Anheuser-Busch InBev SA/NV had a return on equity of 16.42% and a net margin of 14.90%.The firm had revenue of $16.66 billion during the quarter, compared to analysts’ expectations of $16.23 billion. During the same period in the previous year, the firm posted $0.98 earnings per share. Anheuser-Busch InBev SA/NV’s revenue was up 11.0% on a year-over-year basis. On average, research analysts anticipate that Anheuser-Busch InBev SA/NV will post 4.39 EPS for the current fiscal year.

Institutional Investors Weigh In On Anheuser-Busch InBev SA/NV

Several hedge funds and other institutional investors have recently modified their holdings of BUD. Cook & Bynum Capital Management LLC bought a new stake in shares of Anheuser-Busch InBev SA/NV in the 2nd quarter valued at approximately $33,282,514. Renaissance Technologies LLC raised its position in shares of Anheuser-Busch InBev SA/NV by 64.7% during the 1st quarter. Renaissance Technologies LLC now owns 810,874 shares of the consumer goods maker’s stock worth $56,250,000 after purchasing an additional 318,600 shares during the period. Wellington Management Group LLP boosted its position in Anheuser-Busch InBev SA/NV by 10,464.1% during the 2nd quarter. Wellington Management Group LLP now owns 3,190,248 shares of the consumer goods maker’s stock valued at $262,876,000 after purchasing an additional 3,160,049 shares during the period. Dimensional Fund Advisors LP lifted its stake in Anheuser-Busch InBev SA/NV by 12.9% in the first quarter. Dimensional Fund Advisors LP now owns 121,435 shares of the consumer goods maker’s stock valued at $8,424,000 after buying an additional 13,877 shares during the last quarter. Finally, Maven Securities LTD acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the 2nd quarter worth about $4,323,000. Institutional investors own 5.53% of the company’s stock.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV is a global brewer headquartered in Leuven, Belgium. The company produces, markets and distributes beer and other alcoholic beverages through a portfolio of international, regional and local brands. Its best-known brands include Budweiser, Corona, Stella Artois, Michelob Ultra, Beck’s, Hoegaarden and Brahma, along with numerous country-specific offerings.

The company serves consumers across the Americas, Europe, Africa and Asia-Pacific through a broad network of breweries, distribution operations and commercial partnerships.