Anheuser-Busch InBev SA/NV (NYSE:BUD) Stock Rating Lowered by SBG Securities

Anheuser-Busch InBev SA/NV (NYSE:BUD) was downgraded by analysts at SBG Securities to a “hold” rating in a report issued on Monday,MarketScreener reports.

A number of other brokerages have also issued reports on BUD. Deutsche Bank Aktiengesellschaft reaffirmed a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Monday, February 16th. Royal Bank Of Canada restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, February 12th. Wells Fargo & Company increased their target price on shares of Anheuser-Busch InBev SA/NV from $75.00 to $85.00 and gave the company an “overweight” rating in a research note on Monday, February 9th. DZ Bank restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, February 20th. Finally, UBS Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $81.00.

Anheuser-Busch InBev SA/NV Trading Down 2.4%

Anheuser-Busch InBev SA/NV stock opened at $79.02 on Monday. Anheuser-Busch InBev SA/NV has a 52 week low of $56.97 and a 52 week high of $81.56. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.57 and a current ratio of 0.72. The firm has a market capitalization of $154.12 billion, a PE ratio of 23.00, a PEG ratio of 1.36 and a beta of 0.54. The business’s 50-day simple moving average is $71.13 and its 200-day simple moving average is $64.78.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its earnings results on Thursday, February 12th. The consumer goods maker reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. The firm had revenue of $15.56 billion for the quarter, compared to analyst estimates of $15.48 billion. Anheuser-Busch InBev SA/NV had a return on equity of 15.67% and a net margin of 11.53%.The company’s revenue was up 6.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.88 EPS. Equities research analysts forecast 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

Large investors have recently bought and sold shares of the stock. GQG Partners LLC bought a new position in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at approximately $149,778,000. Morgan Stanley increased its holdings in Anheuser-Busch InBev SA/NV by 29.8% during the 4th quarter. Morgan Stanley now owns 4,205,767 shares of the consumer goods maker’s stock valued at $269,337,000 after purchasing an additional 966,378 shares in the last quarter. Bank of Montreal Can raised its position in Anheuser-Busch InBev SA/NV by 150.6% in the 3rd quarter. Bank of Montreal Can now owns 1,188,876 shares of the consumer goods maker’s stock valued at $70,869,000 after purchasing an additional 714,420 shares during the last quarter. Bank of America Corp DE raised its position in Anheuser-Busch InBev SA/NV by 23.7% in the 2nd quarter. Bank of America Corp DE now owns 3,344,451 shares of the consumer goods maker’s stock valued at $229,831,000 after purchasing an additional 641,158 shares during the last quarter. Finally, First Trust Advisors LP boosted its stake in Anheuser-Busch InBev SA/NV by 535.6% in the third quarter. First Trust Advisors LP now owns 653,616 shares of the consumer goods maker’s stock worth $38,962,000 after purchasing an additional 550,774 shares in the last quarter. 5.53% of the stock is currently owned by institutional investors.

Anheuser-Busch InBev SA/NV Company Profile

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.