Anheuser-Busch InBev SA/NV (NYSE:BUD) Lowered to “Hold” Rating by SBG Securities

SBG Securities lowered shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) to a hold rating in a research report sent to investors on Monday,MarketScreener reports.

Other equities analysts have also issued reports about the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a report on Monday, December 29th. UBS Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, February 26th. Wells Fargo & Company boosted their price target on shares of Anheuser-Busch InBev SA/NV from $75.00 to $85.00 and gave the company an “overweight” rating in a report on Monday, February 9th. JPMorgan Chase & Co. restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, February 6th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $81.00.

Anheuser-Busch InBev SA/NV Trading Down 2.6%

Anheuser-Busch InBev SA/NV stock opened at $78.84 on Monday. The firm’s 50-day moving average is $71.44 and its 200-day moving average is $64.91. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.57 and a current ratio of 0.72. Anheuser-Busch InBev SA/NV has a 1 year low of $56.97 and a 1 year high of $81.56. The company has a market cap of $153.77 billion, a P/E ratio of 22.92, a PEG ratio of 1.36 and a beta of 0.54.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last announced its quarterly earnings data on Thursday, February 12th. The consumer goods maker reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. The business had revenue of $15.56 billion during the quarter, compared to the consensus estimate of $15.48 billion. Anheuser-Busch InBev SA/NV had a net margin of 11.53% and a return on equity of 15.67%. The company’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.88 EPS. On average, equities analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

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

Several large investors have recently bought and sold shares of BUD. GQG Partners LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at $149,778,000. Morgan Stanley raised its holdings in Anheuser-Busch InBev SA/NV by 29.8% during the fourth quarter. Morgan Stanley now owns 4,205,767 shares of the consumer goods maker’s stock valued at $269,337,000 after buying an additional 966,378 shares in the last quarter. Bank of Montreal Can lifted its position in shares of Anheuser-Busch InBev SA/NV by 150.6% in the third quarter. Bank of Montreal Can now owns 1,188,876 shares of the consumer goods maker’s stock worth $70,869,000 after buying an additional 714,420 shares during the last quarter. Bank of America Corp DE lifted its position in shares of Anheuser-Busch InBev SA/NV by 23.7% in the second quarter. Bank of America Corp DE now owns 3,344,451 shares of the consumer goods maker’s stock worth $229,831,000 after buying an additional 641,158 shares during the last quarter. Finally, First Trust Advisors LP boosted its stake in shares of Anheuser-Busch InBev SA/NV by 535.6% during the 3rd quarter. First Trust Advisors LP now owns 653,616 shares of the consumer goods maker’s stock worth $38,962,000 after acquiring an additional 550,774 shares in the last quarter. Institutional investors and hedge funds own 5.53% of the company’s stock.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.