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

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

BUD has been the subject of several other research reports. TD Cowen lowered their price objective on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a "hold" rating for the company in a research report on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research note on Monday, March 3rd. Argus upgraded Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 target price for the company in a research report on Thursday, March 27th. Finally, Berenberg Bank assumed coverage on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, April 2nd. They set a "buy" rating for the company. Two investment analysts have rated the stock with a hold rating, six have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Buy" and an average price target of $66.00.

Anheuser-Busch InBev SA/NV Stock Up 2.3 %

NYSE:BUD traded up $1.46 during mid-day trading on Wednesday, reaching $64.74. The stock had a trading volume of 3,516,894 shares, compared to its average volume of 1,862,425. The stock has a market cap of $116.35 billion, a P/E ratio of 19.98, a PEG ratio of 1.73 and a beta of 0.80. The business's 50 day moving average is $59.64 and its 200 day moving average is $56.67. 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 has a fifty-two week low of $45.94 and a fifty-two week high of $67.49.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last posted its quarterly earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.13. The company had revenue of $14.84 billion for the quarter, compared to analyst estimates of $14.07 billion. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. As a group, sell-side analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Institutional Trading of Anheuser-Busch InBev SA/NV

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. M&T Bank Corp boosted its holdings in shares of Anheuser-Busch InBev SA/NV by 16.7% in the third quarter. M&T Bank Corp now owns 6,519 shares of the consumer goods maker's stock worth $432,000 after buying an additional 935 shares during the last quarter. Anchor Investment Management LLC grew its position in shares of Anheuser-Busch InBev SA/NV by 120.6% during the third quarter. Anchor Investment Management LLC now owns 772 shares of the consumer goods maker's stock valued at $51,000 after purchasing an additional 422 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Anheuser-Busch InBev SA/NV during the 3rd quarter valued at approximately $138,000. Tidal Investments LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 4.8% during the third quarter. Tidal Investments LLC now owns 18,654 shares of the consumer goods maker's stock valued at $1,237,000 after buying an additional 852 shares during the last quarter. Finally, Central Pacific Bank Trust Division boosted its stake in shares of Anheuser-Busch InBev SA/NV by 27.7% during the fourth quarter. Central Pacific Bank Trust Division now owns 13,150 shares of the consumer goods maker's stock valued at $658,000 after purchasing an additional 2,850 shares during the period. 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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