Traders Sell Shares of Anheuser-Busch Inbev SA (BUD) on Strength (BUD)
Traders sold shares of Anheuser-Busch Inbev SA (NYSE:BUD) on strength during trading hours on Thursday. $42.10 million flowed into the stock on the tick-up and $138.04 million flowed out of the stock on the tick-down, for a money net flow of $95.94 million out of the stock. Of all stocks tracked, Anheuser-Busch Inbev SA had the 0th highest net out-flow for the day. Anheuser-Busch Inbev SA traded up $1.76 for the day and closed at $121.21
A number of equities research analysts recently weighed in on the company. Jefferies Group LLC restated a “buy” rating and set a $132.00 price objective on shares of Anheuser-Busch Inbev SA in a research report on Wednesday, June 28th. Argus assumed coverage on Anheuser-Busch Inbev SA in a research report on Friday. They set a “buy” rating and a $136.00 price objective on the stock. Goldman Sachs Group, Inc. (The) restated a “buy” rating on shares of Anheuser-Busch Inbev SA in a research report on Monday, July 10th. BidaskClub lowered Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating in a research report on Wednesday, June 14th. Finally, Susquehanna Bancshares Inc reiterated a “neutral” rating and issued a $125.00 price target (up previously from $111.00) on shares of Anheuser-Busch Inbev SA in a research report on Tuesday, August 1st. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $126.81.
The firm has a market cap of $234.93 billion, a P/E ratio of 60.56 and a beta of 1.07. The stock’s 50-day moving average price is $117.83 and its 200 day moving average price is $114.10.
Anheuser-Busch Inbev SA (NYSE:BUD) last announced its quarterly earnings data on Thursday, July 27th. The consumer goods maker reported $0.95 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.14 by $0.19. Anheuser-Busch Inbev SA had a net margin of 7.37% and a return on equity of 13.61%. The company had revenue of $14.18 billion for the quarter, compared to the consensus estimate of $14.15 billion. During the same period last year, the business posted $1.06 earnings per share. The firm’s quarterly revenue was up 31.2% compared to the same quarter last year. On average, analysts predict that Anheuser-Busch Inbev SA will post $4.14 earnings per share for the current fiscal year.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Chicago Partners Investment Group LLC bought a new stake in shares of Anheuser-Busch Inbev SA in the second quarter worth about $101,000. Evercore Wealth Management LLC bought a new stake in shares of Anheuser-Busch Inbev SA in the second quarter worth about $104,000. Kistler Tiffany Companies LLC grew its stake in shares of Anheuser-Busch Inbev SA by 151.9% in the first quarter. Kistler Tiffany Companies LLC now owns 985 shares of the consumer goods maker’s stock worth $108,000 after purchasing an additional 594 shares during the last quarter. BDO Wealth Advisors LLC bought a new stake in shares of Anheuser-Busch Inbev SA in the second quarter worth about $110,000. Finally, Jacobus Wealth Management Inc. grew its stake in shares of Anheuser-Busch Inbev SA by 4.2% in the first quarter. Jacobus Wealth Management Inc. now owns 1,042 shares of the consumer goods maker’s stock worth $114,000 after purchasing an additional 42 shares during the last quarter. 5.50% of the stock is currently owned by institutional investors.
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Anheuser-Busch Inbev SA Company Profile
Anheuser Busch Inbev NV (AB InBev) is a Belgium-based company engaged in the brewers industry. The Company owns a portfolio of over 200 beer brands. The Company’s brand portfolio includes global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck’s, Leffe and Hoegaarden, and local champions, such as Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass and Jupiler.
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