Anheuser-Busch InBev SA/NV’s (BUD) “Equal Weight” Rating Reaffirmed at Barclays

Barclays restated their equal weight rating on shares of Anheuser-Busch InBev SA/NV (NYSE:BUD) in a research report released on Monday morning, Marketbeat.com reports.

Several other equities analysts have also recently weighed in on the stock. TD Cowen lifted their price objective on shares of Anheuser-Busch InBev SA/NV from $85.00 to $89.00 and gave the stock a “hold” rating in a research report on Friday, June 26th. Morgan Stanley reduced their target price on Anheuser-Busch InBev SA/NV from $86.50 to $84.50 and set an “overweight” rating for the company in a report on Thursday, July 2nd. UBS Group reaffirmed a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, June 30th. Berenberg Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Friday, June 5th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday, June 30th. Eleven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $90.08.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD opened at $80.84 on Monday. The company has a 50-day moving average of $81.31 and a two-hundred day moving average of $76.45. The stock has a market cap of $157.69 billion, a price-to-earnings ratio of 22.09, a PEG ratio of 1.37 and a beta of 0.59. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.72 and a quick ratio of 0.57. Anheuser-Busch InBev SA/NV has a one year low of $56.97 and a one year high of $85.56.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last released its quarterly earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 earnings per share (EPS) for the quarter. The business had revenue of $15.27 billion for the quarter. Anheuser-Busch InBev SA/NV had a net margin of 11.90% and a return on equity of 16.34%. On average, equities research analysts expect that Anheuser-Busch InBev SA/NV will post 4.31 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Fisher Asset Management LLC increased its stake in shares of Anheuser-Busch InBev SA/NV by 3.3% in the fourth quarter. Fisher Asset Management LLC now owns 11,380,404 shares of the consumer goods maker’s stock worth $728,801,000 after acquiring an additional 368,721 shares during the last quarter. Penn Davis Mcfarland Inc. raised its holdings in shares of Anheuser-Busch InBev SA/NV by 4.9% during the fourth quarter. Penn Davis Mcfarland Inc. now owns 486,842 shares of the consumer goods maker’s stock worth $31,177,000 after acquiring an additional 22,748 shares in the last quarter. ARQ Wealth Advisors LLC boosted its position in Anheuser-Busch InBev SA/NV by 691.3% during the first quarter. ARQ Wealth Advisors LLC now owns 60,299 shares of the consumer goods maker’s stock valued at $4,183,000 after purchasing an additional 52,679 shares during the last quarter. Greenwood Capital Associates LLC acquired a new stake in Anheuser-Busch InBev SA/NV during the first quarter valued at $3,636,000. Finally, Renaissance Technologies LLC grew its stake in Anheuser-Busch InBev SA/NV by 64.7% in the first quarter. Renaissance Technologies LLC now owns 810,874 shares of the consumer goods maker’s stock valued at $56,250,000 after purchasing an additional 318,600 shares in the last quarter. 5.53% of the stock is owned by hedge funds and other institutional investors.

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.