Anheuser Busch Inbev (BUD) Downgraded by Macquarie

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Anheuser Busch Inbev (NYSE:BUD) was downgraded by stock analysts at Macquarie from an “outperform” rating to a “neutral” rating in a research report issued to clients and investors on Wednesday, The Fly reports.

Other equities research analysts also recently issued research reports about the stock. Royal Bank of Canada upgraded shares of Anheuser Busch Inbev from a “sector perform” rating to an “outperform” rating and set a $102.29 target price for the company in a research note on Monday. They noted that the move was a valuation call. Societe Generale upgraded shares of Anheuser Busch Inbev from a “hold” rating to a “buy” rating in a research note on Thursday, August 2nd. Guggenheim began coverage on shares of Anheuser Busch Inbev in a research note on Thursday, September 13th. They set a “buy” rating and a $107.00 target price for the company. Zacks Investment Research upgraded shares of Anheuser Busch Inbev from a “sell” rating to a “hold” rating in a research note on Wednesday, August 22nd. Finally, Jefferies Financial Group downgraded shares of Anheuser Busch Inbev from a “buy” rating to a “hold” rating in a research note on Monday, October 1st. Four equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and nine have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $114.96.

NYSE BUD traded up $0.91 during trading hours on Wednesday, hitting $75.25. The company had a trading volume of 17,896 shares, compared to its average volume of 2,229,612. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.67 and a quick ratio of 0.53. Anheuser Busch Inbev has a 1-year low of $72.88 and a 1-year high of $123.24. The company has a market capitalization of $125.44 billion, a PE ratio of 18.64, a P/E/G ratio of 2.69 and a beta of 0.92.

Anheuser Busch Inbev (NYSE:BUD) last released its quarterly earnings data on Thursday, October 25th. The consumer goods maker reported $0.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.86 by ($0.04). Anheuser Busch Inbev had a net margin of 12.64% and a return on equity of 18.68%. The company had revenue of $13.28 billion during the quarter, compared to analyst estimates of $13.74 billion. On average, research analysts expect that Anheuser Busch Inbev will post 4.08 earnings per share for the current year.

A number of large investors have recently made changes to their positions in the stock. Hikari Power Ltd increased its holdings in Anheuser Busch Inbev by 40.5% in the third quarter. Hikari Power Ltd now owns 96,950 shares of the consumer goods maker’s stock valued at $8,490,000 after buying an additional 27,950 shares in the last quarter. Partnervest Advisory Services LLC increased its holdings in Anheuser Busch Inbev by 30.9% in the third quarter. Partnervest Advisory Services LLC now owns 3,639 shares of the consumer goods maker’s stock valued at $319,000 after buying an additional 860 shares in the last quarter. Reliance Trust Co. of Delaware increased its holdings in Anheuser Busch Inbev by 5.0% in the third quarter. Reliance Trust Co. of Delaware now owns 15,401 shares of the consumer goods maker’s stock valued at $1,349,000 after buying an additional 729 shares in the last quarter. Greenleaf Trust increased its holdings in Anheuser Busch Inbev by 85.4% in the third quarter. Greenleaf Trust now owns 4,063 shares of the consumer goods maker’s stock valued at $356,000 after buying an additional 1,871 shares in the last quarter. Finally, Norris Perne & French LLP MI increased its holdings in Anheuser Busch Inbev by 15.2% in the third quarter. Norris Perne & French LLP MI now owns 94,471 shares of the consumer goods maker’s stock valued at $8,273,000 after buying an additional 12,433 shares in the last quarter. Hedge funds and other institutional investors own 4.58% of the company’s stock.

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.

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Analyst Recommendations for Anheuser Busch Inbev (NYSE:BUD)

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