Traders Sell Shares of Anheuser-Busch Inbev SA (BUD) on Strength (BUD)
Investors sold shares of Anheuser-Busch Inbev SA (NYSE:BUD) on strength during trading on Wednesday. $22.20 million flowed into the stock on the tick-up and $79.26 million flowed out of the stock on the tick-down, for a money net flow of $57.06 million out of the stock. Of all companies tracked, Anheuser-Busch Inbev SA had the 10th highest net out-flow for the day. Anheuser-Busch Inbev SA traded up $0.72 for the day and closed at $117.75
A number of equities analysts have recently commented on BUD shares. 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. Vetr lowered shares of Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating and set a $104.70 price target for the company. in a report on Monday, May 1st. Jefferies Group LLC set a $139.00 price target on shares of Anheuser-Busch Inbev SA and gave the company a “buy” rating in a report on Saturday, July 29th. Finally, BidaskClub lowered shares of Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating in a report on Wednesday, June 14th. Three research analysts have rated the stock with a sell rating, six have given a hold rating and twelve have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $128.10.
The stock has a 50-day moving average price of $115.38 and a 200-day moving average price of $112.82. The firm has a market cap of $227.69 billion, a P/E ratio of 58.70 and a beta of 1.07.
Anheuser-Busch Inbev SA (NYSE:BUD) last posted its earnings results on Thursday, July 27th. The consumer goods maker reported $0.95 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.14 by $0.19. Anheuser-Busch Inbev SA had a return on equity of 13.61% and a net margin of 7.37%. The firm had revenue of $14.18 billion during the quarter, compared to the consensus estimate of $14.15 billion. During the same period in the previous year, the company posted $1.06 EPS. The firm’s revenue for the quarter was up 31.2% compared to the same quarter last year. Analysts anticipate that Anheuser-Busch Inbev SA will post $4.16 earnings per share for the current year.
Large investors have recently bought and sold shares of the company. Chicago Partners Investment Group LLC purchased a new stake in Anheuser-Busch Inbev SA during the second quarter valued at $101,000. Evercore Wealth Management LLC purchased a new stake in Anheuser-Busch Inbev SA during the second quarter valued at $104,000. Kistler Tiffany Companies LLC raised its stake in Anheuser-Busch Inbev SA by 151.9% in the first quarter. Kistler Tiffany Companies LLC now owns 985 shares of the consumer goods maker’s stock valued at $108,000 after buying an additional 594 shares during the last quarter. BDO Wealth Advisors LLC purchased a new stake in Anheuser-Busch Inbev SA during the second quarter valued at $110,000. Finally, Jacobus Wealth Management Inc. raised its stake in Anheuser-Busch Inbev SA by 4.2% in the first quarter. Jacobus Wealth Management Inc. now owns 1,042 shares of the consumer goods maker’s stock valued at $114,000 after buying an additional 42 shares during the last quarter. 5.29% of the stock is currently owned by institutional investors and hedge funds.
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Anheuser-Busch Inbev SA Company Profile
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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