Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Free Report)‘s stock had its “buy” rating restated by investment analysts at DZ Bank in a research report issued to clients and investors on Friday,MarketScreener reports.
A number of other research analysts have also recently issued reports on BUD. UBS Group reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, October 31st. Kepler Capital Markets lowered Anheuser-Busch InBev SA/NV from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 9th. Weiss Ratings reissued a “hold (c-)” rating on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, October 8th. The Goldman Sachs Group restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, October 31st. Finally, Barclays reiterated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a research note on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $71.00.
Check Out Our Latest Research Report on BUD
Anheuser-Busch InBev SA/NV Trading Up 0.7%
Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Free Report) last announced its earnings results on Thursday, October 30th. The consumer goods maker reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.02. Anheuser-Busch InBev SA/NV had a net margin of 12.16% and a return on equity of 16.21%. During the same quarter in the prior year, the business earned $0.98 earnings per share. The firm’s revenue was up .6% compared to the same quarter last year. As a group, sell-side analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the company. Penserra Capital Management LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 24.7% during the 1st quarter. Penserra Capital Management LLC now owns 2,553 shares of the consumer goods maker’s stock valued at $157,000 after purchasing an additional 506 shares during the last quarter. Crossmark Global Holdings Inc. increased its holdings in Anheuser-Busch InBev SA/NV by 1.1% during the first quarter. Crossmark Global Holdings Inc. now owns 16,991 shares of the consumer goods maker’s stock valued at $1,046,000 after buying an additional 179 shares during the last quarter. M&T Bank Corp raised its position in Anheuser-Busch InBev SA/NV by 23.9% in the first quarter. M&T Bank Corp now owns 5,805 shares of the consumer goods maker’s stock worth $357,000 after acquiring an additional 1,121 shares during the period. Valeo Financial Advisors LLC purchased a new position in shares of Anheuser-Busch InBev SA/NV during the 1st quarter worth $251,000. Finally, Greenleaf Trust bought a new stake in shares of Anheuser-Busch InBev SA/NV during the 1st quarter valued at $245,000. 5.53% of the stock is owned by hedge funds and other institutional investors.
Anheuser-Busch InBev SA/NV Company Profile
Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.
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