Anheuser-Busch InBev (BUD) Downgraded to “Sell” at ValuEngine

ValuEngine lowered shares of Anheuser-Busch InBev (NYSE:BUD) from a hold rating to a sell rating in a research report report published on Monday.

Several other analysts have also recently commented on BUD. Zacks Investment Research cut shares of Anheuser-Busch InBev from a hold rating to a sell rating in a research note on Wednesday, December 27th. Susquehanna Bancshares set a $128.00 price objective on shares of Anheuser-Busch InBev and gave the company a hold rating in a research note on Tuesday, January 2nd. Jefferies Group set a $134.00 price objective on shares of Anheuser-Busch InBev and gave the company a buy rating in a research note on Thursday, January 11th. Deutsche Bank raised shares of Anheuser-Busch InBev from a hold rating to a buy rating in a research note on Wednesday, January 17th. Finally, JPMorgan Chase lowered their price objective on shares of Anheuser-Busch InBev from $106.68 to $98.72 and set an underweight rating for the company in a research note on Thursday, February 15th. Four investment analysts have rated the stock with a sell rating, two have given a hold rating and nine have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average price target of $123.25.

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BUD stock opened at $103.07 on Monday. The company has a market capitalization of $175,995.58, a price-to-earnings ratio of 25.73, a PEG ratio of 1.44 and a beta of 0.99. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.66 and a quick ratio of 0.55. Anheuser-Busch InBev has a one year low of $101.21 and a one year high of $126.50.

Anheuser-Busch InBev (NYSE:BUD) last released its earnings results on Thursday, March 1st. The consumer goods maker reported $1.04 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.98 by $0.06. The firm had revenue of $14.60 billion during the quarter, compared to analysts’ expectations of $14.49 billion. Anheuser-Busch InBev had a net margin of 14.17% and a return on equity of 19.47%. Anheuser-Busch InBev’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.43 EPS. sell-side analysts expect that Anheuser-Busch InBev will post 5.03 EPS for the current year.

The business also recently disclosed a semiannual dividend, which will be paid on Wednesday, May 30th. Stockholders of record on Wednesday, May 2nd will be paid a dividend of $2.4784 per share. The ex-dividend date is Tuesday, May 1st. This is a boost from Anheuser-Busch InBev’s previous semiannual dividend of $1.85. This represents a dividend yield of 4.72%. Anheuser-Busch InBev’s payout ratio is currently 79.46%.

A number of institutional investors have recently made changes to their positions in the stock. Fisher Asset Management LLC boosted its position in Anheuser-Busch InBev by 3.1% during the 4th quarter. Fisher Asset Management LLC now owns 5,997,016 shares of the consumer goods maker’s stock worth $669,027,000 after purchasing an additional 178,209 shares during the period. Clearbridge Investments LLC lifted its holdings in Anheuser-Busch InBev by 10.4% in the 4th quarter. Clearbridge Investments LLC now owns 5,597,430 shares of the consumer goods maker’s stock worth $624,449,000 after buying an additional 529,519 shares in the last quarter. Viking Global Investors LP lifted its holdings in Anheuser-Busch InBev by 82.0% in the 4th quarter. Viking Global Investors LP now owns 2,856,181 shares of the consumer goods maker’s stock worth $318,636,000 after buying an additional 1,287,055 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in Anheuser-Busch InBev by 6.2% in the 4th quarter. The Manufacturers Life Insurance Company now owns 2,666,047 shares of the consumer goods maker’s stock worth $297,424,000 after buying an additional 156,565 shares in the last quarter. Finally, Maverick Capital Ltd. lifted its holdings in Anheuser-Busch InBev by 53.0% in the 4th quarter. Maverick Capital Ltd. now owns 2,261,184 shares of the consumer goods maker’s stock worth $252,258,000 after buying an additional 783,554 shares in the last quarter. 5.91% of the stock is owned by hedge funds and other institutional investors.

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Anheuser-Busch InBev Company Profile

Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. It offers a portfolio of approximately 500 beer brands, including Budweiser, Corona, and Stella Artois; Beck's, Castle, Castle Lite, Hoegaarden, and Leffe; and Aguila, Antarctica, Bud Light, Brahma, Cass, Chernigivske, Cristal, Harbin, Jupiler, Klinskoye, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, Sibirskaya Korona, and Skol.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Anheuser-Busch InBev (NYSE:BUD)

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