Anheuser-Busch InBev SA/NV (NYSE:BUD) Stock Rating Reaffirmed as Neutral by Barclays

Anheuser-Busch InBev SA/NV (NYSE:BUD)‘s stock had its “neutral” rating reissued by stock analysts at Barclays in a report issued on Tuesday.

A number of other research analysts have also weighed in on the stock. Wells Fargo & Company raised their price objective on shares of Anheuser-Busch InBev SA/NV from $93.00 to $97.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Bank of America reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, September 24th. Jefferies Financial Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, September 24th. Sanford C. Bernstein restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, June 30th. Finally, Weiss Ratings downgraded Anheuser-Busch InBev SA/NV from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, July 17th. Twelve investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, Anheuser-Busch InBev SA/NV currently has a consensus rating of “Moderate Buy” and an average price target of $91.08.

Anheuser-Busch InBev SA/NV Trading Down 3.6%

Shares of Anheuser-Busch InBev SA/NV stock opened at $74.31 on Tuesday. The stock has a market capitalization of $150.06 billion, a PE ratio of 15.74, a price-to-earnings-growth ratio of 1.10 and a beta of 0.59. Anheuser-Busch InBev SA/NV has a 52 week low of $58.44 and a 52 week high of $86.60. The stock has a 50 day moving average price of $80.09 and a two-hundred day moving average price of $78.50. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.50 and a current ratio of 0.66.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its earnings results on Wednesday, July 29th. The consumer goods maker reported $1.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.12. Anheuser-Busch InBev SA/NV had a return on equity of 16.42% and a net margin of 14.90%.The company had revenue of $16.66 billion for the quarter, compared to analysts’ expectations of $16.23 billion. During the same period last year, the business earned $0.98 EPS. Anheuser-Busch InBev SA/NV’s quarterly revenue was up 11.0% compared to the same quarter last year. As a group, equities analysts anticipate that Anheuser-Busch InBev SA/NV will post 4.39 earnings per share for the current fiscal year.

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

Institutional investors have recently added to or reduced their stakes in the stock. QRG Capital Management Inc. boosted its stake in Anheuser-Busch InBev SA/NV by 13.4% in the second quarter. QRG Capital Management Inc. now owns 99,913 shares of the consumer goods maker’s stock valued at $8,233,000 after acquiring an additional 11,832 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in Anheuser-Busch InBev SA/NV by 24.5% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 5,072 shares of the consumer goods maker’s stock valued at $418,000 after purchasing an additional 997 shares during the last quarter. Sequoia Financial Advisors LLC grew its holdings in Anheuser-Busch InBev SA/NV by 8.1% during the second quarter. Sequoia Financial Advisors LLC now owns 36,875 shares of the consumer goods maker’s stock valued at $3,038,000 after purchasing an additional 2,773 shares during the period. Tidal Investments LLC increased its position in Anheuser-Busch InBev SA/NV by 8.4% in the second quarter. Tidal Investments LLC now owns 10,810 shares of the consumer goods maker’s stock worth $891,000 after buying an additional 839 shares during the last quarter. Finally, WINTON GROUP Ltd lifted its position in shares of Anheuser-Busch InBev SA/NV by 25.9% during the 2nd quarter. WINTON GROUP Ltd now owns 6,800 shares of the consumer goods maker’s stock valued at $560,000 after buying an additional 1,400 shares during the last quarter. Institutional investors own 5.53% of the company’s stock.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV is a global brewer headquartered in Leuven, Belgium. The company produces, markets and distributes beer and other alcoholic beverages through a portfolio of international, regional and local brands. Its best-known brands include Budweiser, Corona, Stella Artois, Michelob Ultra, Beck’s, Hoegaarden and Brahma, along with numerous country-specific offerings.

The company serves consumers across the Americas, Europe, Africa and Asia-Pacific through a broad network of breweries, distribution operations and commercial partnerships.