Anheuser-Busch InBev SA/NV (NYSE:BUD) Lowered to Hold Rating by StockNews.com

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) was downgraded by research analysts at StockNews.com from a "buy" rating to a "hold" rating in a research note issued to investors on Sunday.

A number of other research analysts have also weighed in on BUD. Argus raised Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 price objective on the stock in a report on Thursday, March 27th. The Goldman Sachs Group raised Anheuser-Busch InBev SA/NV from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $70.10 to $88.00 in a report on Monday, May 12th. Berenberg Bank began coverage on Anheuser-Busch InBev SA/NV in a research report on Wednesday, April 2nd. They issued a "buy" rating for the company. Finally, Deutsche Bank Aktiengesellschaft upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research report on Monday, March 3rd. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Buy" and an average target price of $71.50.

Anheuser-Busch InBev SA/NV Trading Down 0.0%

Shares of BUD stock opened at $67.51 on Friday. The business's fifty day moving average price is $63.74 and its 200 day moving average price is $56.76. Anheuser-Busch InBev SA/NV has a 1-year low of $45.94 and a 1-year high of $67.60. The firm has a market capitalization of $121.33 billion, a PE ratio of 20.84, a P/E/G ratio of 1.73 and a beta of 0.83. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The consumer goods maker reported $0.81 earnings per share for the quarter, topping analysts' consensus estimates of $0.77 by $0.04. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. During the same quarter last year, the firm earned $0.75 EPS. Anheuser-Busch InBev SA/NV's quarterly revenue was down 6.3% on a year-over-year basis. As a group, sell-side analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Ascent Group LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 11.1% in the first quarter. Ascent Group LLC now owns 23,311 shares of the consumer goods maker's stock valued at $1,435,000 after buying an additional 2,333 shares in the last quarter. Goldman Sachs Group Inc. increased its position in Anheuser-Busch InBev SA/NV by 25.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,318,248 shares of the consumer goods maker's stock worth $81,151,000 after purchasing an additional 265,783 shares in the last quarter. NewEdge Advisors LLC increased its position in Anheuser-Busch InBev SA/NV by 7.8% during the 1st quarter. NewEdge Advisors LLC now owns 8,869 shares of the consumer goods maker's stock worth $546,000 after purchasing an additional 642 shares in the last quarter. Curi RMB Capital LLC purchased a new stake in Anheuser-Busch InBev SA/NV during the 1st quarter worth about $6,971,000. Finally, AQR Capital Management LLC increased its position in Anheuser-Busch InBev SA/NV by 52.9% during the 1st quarter. AQR Capital Management LLC now owns 9,036 shares of the consumer goods maker's stock worth $556,000 after purchasing an additional 3,127 shares in the last quarter. Hedge funds and other institutional investors own 5.53% of the company's stock.

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.

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