Investors Buy Anheuser-Busch Inbev SA (BUD) on Weakness

Investors purchased shares of Anheuser-Busch Inbev SA (NYSE:BUD) on weakness during trading hours on Wednesday. $66.52 million flowed into the stock on the tick-up and $44.91 million flowed out of the stock on the tick-down, for a money net flow of $21.61 million into the stock. Of all equities tracked, Anheuser-Busch Inbev SA had the 21st highest net in-flow for the day. Anheuser-Busch Inbev SA traded down ($0.22) for the day and closed at $125.80

A number of research analysts recently issued reports on BUD shares. Stifel Nicolaus restated a “buy” rating and set a $140.00 price objective (up previously from $134.00) on shares of Anheuser-Busch Inbev SA in a report on Friday, June 23rd. Jefferies Group LLC restated a “buy” rating and set a $132.00 price objective on shares of Anheuser-Busch Inbev SA in a report on Wednesday, June 28th. Goldman Sachs Group, Inc. (The) restated a “buy” rating on shares of Anheuser-Busch Inbev SA in a report on Monday, July 10th. Zacks Investment Research upgraded shares of Anheuser-Busch Inbev SA from a “hold” rating to a “buy” rating and set a $128.00 price objective for the company in a report on Wednesday, July 19th. Finally, Susquehanna Bancshares Inc set a $111.00 price target on shares of Anheuser-Busch Inbev SA and gave the company a “hold” rating in a report on Thursday, July 27th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $126.81.

The firm’s 50-day moving average is $120.10 and its 200-day moving average is $116.21. The company has a market capitalization of $243.26 billion, a P/E ratio of 62.71 and a beta of 1.07.

Anheuser-Busch Inbev SA (NYSE:BUD) last announced its quarterly earnings data on Thursday, July 27th. The consumer goods maker reported $0.95 EPS for the quarter, missing the consensus estimate of $1.14 by ($0.19). The company had revenue of $14.18 billion for the quarter, compared to analyst estimates of $14.15 billion. Anheuser-Busch Inbev SA had a return on equity of 13.61% and a net margin of 7.37%. The business’s quarterly revenue was up 31.2% compared to the same quarter last year. During the same period last year, the business earned $1.06 EPS. On average, equities analysts expect that Anheuser-Busch Inbev SA will post $4.13 EPS for the current fiscal year.

Hedge funds have recently made changes to their positions in the company. Chicago Partners Investment Group LLC acquired a new stake in shares of Anheuser-Busch Inbev SA during the 2nd quarter worth approximately $101,000. Evercore Wealth Management LLC acquired a new stake in shares of Anheuser-Busch Inbev SA during the 2nd quarter worth approximately $104,000. BDO Wealth Advisors LLC acquired a new stake in shares of Anheuser-Busch Inbev SA during the 2nd quarter worth approximately $110,000. Oakworth Capital Inc. grew its position in shares of Anheuser-Busch Inbev SA by 4.0% during the 2nd quarter. Oakworth Capital Inc. now owns 1,175 shares of the consumer goods maker’s stock worth $130,000 after buying an additional 45 shares during the period. Finally, Johnson Financial Group Inc. grew its position in shares of Anheuser-Busch Inbev SA by 0.3% during the 2nd quarter. Johnson Financial Group Inc. now owns 1,179 shares of the consumer goods maker’s stock worth $130,000 after buying an additional 3 shares during the period. 5.50% of

A number of research analysts recently issued reports on BUD shares. Stifel Nicolaus restated a “buy” rating and set a $140.00 price objective (up previously from $134.00) on shares of Anheuser-Busch Inbev SA in a report on Friday, June 23rd. Jefferies Group LLC restated a “buy” rating and set a $132.00 price objective on shares of Anheuser-Busch Inbev SA in a report on Wednesday, June 28th. Goldman Sachs Group, Inc. (The) restated a “buy” rating on shares of Anheuser-Busch Inbev SA in a report on Monday, July 10th. Zacks Investment Research upgraded shares of Anheuser-Busch Inbev SA from a “hold” rating to a “buy” rating and set a $128.00 price objective for the company in a report on Wednesday, July 19th. Finally, Susquehanna Bancshares Inc set a $111.00 price target on shares of Anheuser-Busch Inbev SA and gave the company a “hold” rating in a report on Thursday, July 27th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $126.81.

The firm’s 50-day moving average is $120.10 and its 200-day moving average is $116.21. The company has a market capitalization of $243.26 billion, a P/E ratio of 62.71 and a beta of 1.07.

Anheuser-Busch Inbev SA (NYSE:BUD) last announced its quarterly earnings data on Thursday, July 27th. The consumer goods maker reported $0.95 EPS for the quarter, missing the consensus estimate of $1.14 by ($0.19). The company had revenue of $14.18 billion for the quarter, compared to analyst estimates of $14.15 billion. Anheuser-Busch Inbev SA had a return on equity of 13.61% and a net margin of 7.37%. The business’s quarterly revenue was up 31.2% compared to the same quarter last year. During the same period last year, the business earned $1.06 EPS. On average, equities analysts expect that Anheuser-Busch Inbev SA will post $4.13 EPS for the current fiscal year.

Hedge funds have recently made changes to their positions in the company. Chicago Partners Investment Group LLC acquired a new stake in shares of Anheuser-Busch Inbev SA during the 2nd quarter worth approximately $101,000. Evercore Wealth Management LLC acquired a new stake in shares of Anheuser-Busch Inbev SA during the 2nd quarter worth approximately $104,000. BDO Wealth Advisors LLC acquired a new stake in shares of Anheuser-Busch Inbev SA during the 2nd quarter worth approximately $110,000. Oakworth Capital Inc. grew its position in shares of Anheuser-Busch Inbev SA by 4.0% during the 2nd quarter. Oakworth Capital Inc. now owns 1,175 shares of the consumer goods maker’s stock worth $130,000 after buying an additional 45 shares during the period. Finally, Johnson Financial Group Inc. grew its position in shares of Anheuser-Busch Inbev SA by 0.3% during the 2nd quarter. Johnson Financial Group Inc. now owns 1,179 shares of the consumer goods maker’s stock worth $130,000 after buying an additional 3 shares during the period. 5.50% of the stock is owned by institutional investors.

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About Anheuser-Busch Inbev SA

Anheuser Busch Inbev NV (AB InBev) is a Belgium-based company engaged in the brewers industry. The Company owns a portfolio of over 200 beer brands. The Company’s brand portfolio includes global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck’s, Leffe and Hoegaarden, and local champions, such as Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass and Jupiler.

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