Anheuser-Busch InBev SA/NV (NYSE:BUD) Given Neutral Rating at Barclays

Key Points

• Barclays maintained a “neutral” rating on Anheuser-Busch InBev, while the broader analyst consensus remains “Moderate Buy,” with a target price of $91.08.
• Anheuser-Busch InBev exceeded quarterly expectations, reporting $1.21 in EPS versus a $1.09 estimate and $16.66 billion in revenue, up 11% year over year.
• BUD opened at $74.31, below its 50-day moving average of $80.09, with shares trading between a 12-month range of $58.44 to $86.60; institutional investors own 5.53% of the stock.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report)'s stock had its "neutral" rating restated by equities research analysts at Barclays in a report released on Tuesday.

Other equities analysts have also issued research reports about the company. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, September 24th. Berenberg Bank restated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, June 5th. Wells Fargo & Company boosted their price target on Anheuser-Busch InBev SA/NV from $93.00 to $97.00 and gave the company an "overweight" rating in a research note on Friday, July 31st. UBS Group reiterated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, September 24th. Finally, Weiss Ratings cut shares of Anheuser-Busch InBev SA/NV from a "hold (c+)" rating to a "hold (c)" rating in a research report on Friday, July 17th. Twelve equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV currently has a consensus rating of "Moderate Buy" and a consensus target price of $91.08.

Anheuser-Busch InBev SA/NV Stock Performance

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

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last announced its earnings results on Wednesday, July 29th. The consumer goods maker reported $1.21 EPS for the quarter, topping the consensus estimate of $1.09 by $0.12. The company had revenue of $16.66 billion for the quarter, compared to analysts' expectations of $16.23 billion. Anheuser-Busch InBev SA/NV had a net margin of 14.90% and a return on equity of 16.42%. The business's revenue for the quarter was up 11.0% on a year-over-year basis. During the same period last year, the firm earned $0.98 earnings per share. Analysts anticipate that Anheuser-Busch InBev SA/NV will post 4.39 earnings per share for the current year.

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

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

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