Deutsche Bank Aktiengesellschaft reiterated their neutral rating on shares of Anheuser-Busch InBev SA/NV (NYSE:BUD – Free Report) in a report published on Tuesday morning,MarketScreener reports.
A number of other research analysts have also recently commented on BUD. DZ Bank reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Friday, February 20th. Weiss Ratings reissued a “hold (c)” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Monday, December 29th. Jefferies Financial Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, February 12th. SBG Securities lowered Anheuser-Busch InBev SA/NV to a “hold” rating in a research note on Monday, March 2nd. Finally, UBS Group reissued a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $86.50.
Read Our Latest Stock Report on BUD
Anheuser-Busch InBev SA/NV Stock Down 1.4%
Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Free Report) last issued its quarterly earnings results on Thursday, February 12th. The consumer goods maker reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. Anheuser-Busch InBev SA/NV had a net margin of 11.53% and a return on equity of 15.67%. The business had revenue of $15.56 billion for the quarter, compared to analysts’ expectations of $15.48 billion. During the same period last year, the business earned $0.88 earnings per share. The business’s quarterly revenue was up 6.2% on a year-over-year basis. As a group, analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.
Institutional Trading of Anheuser-Busch InBev SA/NV
A number of institutional investors have recently made changes to their positions in BUD. GQG Partners LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the fourth quarter valued at approximately $149,778,000. Morgan Stanley lifted its stake in Anheuser-Busch InBev SA/NV by 29.8% in the fourth quarter. Morgan Stanley now owns 4,205,767 shares of the consumer goods maker’s stock worth $269,337,000 after acquiring an additional 966,378 shares during the period. Bank of Montreal Can lifted its stake in Anheuser-Busch InBev SA/NV by 150.6% in the third quarter. Bank of Montreal Can now owns 1,188,876 shares of the consumer goods maker’s stock worth $70,869,000 after acquiring an additional 714,420 shares during the period. Bank of America Corp DE lifted its stake in Anheuser-Busch InBev SA/NV by 23.7% in the second quarter. Bank of America Corp DE now owns 3,344,451 shares of the consumer goods maker’s stock worth $229,831,000 after acquiring an additional 641,158 shares during the period. Finally, First Trust Advisors LP lifted 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 acquiring an additional 550,774 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 (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.
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