Anheuser-Busch InBev SA/NV (NYSE:BUD) Rating Lowered to "Hold" at Kepler Capital Markets

Key Points

• Anheuser-Busch InBev SA/NV has been downgraded to a "hold" rating by Kepler Capital Markets, amidst mixed opinions from analysts, with multiple firms maintaining buy ratings.
• As of Thursday, shares of Anheuser-Busch InBev traded down 0.8%, reaching $59.03, significantly below its 1-year high of $72.13.
• The company's earnings per share for the last quarter were reported at $0.98, exceeding analysts' expectations, although quarterly revenue fell by 2.1% year-over-year.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) was downgraded by analysts at Kepler Capital Markets to a "hold" rating in a report issued on Thursday,MarketScreener reports.

A number of other research analysts have also recently weighed in on the stock. Berenberg Bank reiterated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, September 18th. Sanford C. Bernstein reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, September 30th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday. JPMorgan Chase & Co. reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, September 30th. Finally, Morningstar raised shares of Anheuser-Busch InBev SA/NV to a "buy" rating in a report on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat.com, Anheuser-Busch InBev SA/NV has an average rating of "Moderate Buy" and an average price target of $71.00.

Anheuser-Busch InBev SA/NV Stock Down 0.8%

Shares of NYSE BUD traded down $0.51 during mid-day trading on Thursday, reaching $59.03. 158,857 shares of the company's stock traded hands, compared to its average volume of 2,361,683. The stock has a market cap of $115.25 billion, a P/E ratio of 16.59, a PEG ratio of 1.72 and a beta of 0.76. The business has a 50-day simple moving average of $60.27 and a 200 day simple moving average of $64.66. 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.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The consumer goods maker reported $0.98 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.94 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 12.16% and a return on equity of 16.21%. During the same quarter in the previous year, the company earned $0.90 earnings per share. Anheuser-Busch InBev SA/NV's quarterly revenue was down 2.1% compared to the same quarter last year. On average, analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

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

Several institutional investors and hedge funds have recently modified their holdings of BUD. Patriot Financial Group Insurance Agency LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV during the third quarter valued at approximately $215,000. ST Germain D J Co. Inc. grew its stake in shares of Anheuser-Busch InBev SA/NV by 86.4% in the third quarter. ST Germain D J Co. Inc. now owns 1,238 shares of the consumer goods maker's stock worth $74,000 after acquiring an additional 574 shares during the period. Corient Private Wealth LLC grew its position in Anheuser-Busch InBev SA/NV by 60.7% during the second quarter. Corient Private Wealth LLC now owns 16,973 shares of the consumer goods maker's stock valued at $1,166,000 after buying an additional 6,414 shares during the period. Valeo Financial Advisors LLC grew its position in Anheuser-Busch InBev SA/NV by 8.4% during the second quarter. Valeo Financial Advisors LLC now owns 4,418 shares of the consumer goods maker's stock valued at $304,000 after buying an additional 341 shares during the period. Finally, Osaic Holdings Inc. boosted its position in shares of Anheuser-Busch InBev SA/NV by 86.6% in the second quarter. Osaic Holdings Inc. now owns 101,912 shares of the consumer goods maker's stock worth $6,724,000 after purchasing an additional 47,286 shares during the period. 5.53% of the stock is owned by hedge funds and other 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.

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