Shares of Anheuser-Busch Inbev SA (NYSE:BUD) saw an uptick in trading volume on Friday . 681,345 shares changed hands during trading, a decline of 53% from the previous session’s volume of 1,451,990 shares.The stock last traded at $121.43 and had previously closed at $121.21.

Several research firms recently commented on BUD. Jefferies Group LLC reaffirmed a “buy” rating and set a $132.00 target price on shares of Anheuser-Busch Inbev SA in a report on Wednesday, June 28th. Argus began coverage on shares of Anheuser-Busch Inbev SA in a report on Friday. They set a “buy” rating and a $136.00 target price on the stock. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating on shares of Anheuser-Busch Inbev SA in a report on Monday, July 10th. BidaskClub lowered shares of Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating in a report on Wednesday, June 14th. Finally, Susquehanna Bancshares Inc reaffirmed a “neutral” rating and set a $125.00 target price (up previously from $111.00) on shares of Anheuser-Busch Inbev SA in a report on Tuesday, August 1st. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have assigned a buy rating to the stock. Anheuser-Busch Inbev SA currently has an average rating of “Hold” and an average target price of $126.81.

The stock has a market cap of $234.93 billion, a price-to-earnings ratio of 60.56 and a beta of 1.07. The stock has a 50 day moving average price of $117.83 and a 200 day moving average price of $114.10.

Anheuser-Busch Inbev SA (NYSE:BUD) last announced 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 net margin of 7.37% and a return on equity of 13.61%. The firm had revenue of $14.18 billion during the quarter, compared to analysts’ expectations of $14.15 billion. During the same period in the prior year, the company posted $1.06 EPS. The company’s revenue was up 31.2% compared to the same quarter last year. On average, equities research analysts expect that Anheuser-Busch Inbev SA will post $4.14 earnings per share for the current year.

Several institutional investors and hedge funds have recently made changes to their positions in BUD. Morgan Stanley raised its stake in shares of Anheuser-Busch Inbev SA by 51.0% in the first quarter. Morgan Stanley now owns 3,892,315 shares of the consumer goods maker’s stock valued at $427,221,000 after acquiring an additional 1,315,414 shares during the period. Laurion Capital Management LP raised its stake in shares of Anheuser-Busch Inbev SA by 504.6% in the first quarter. Laurion Capital Management LP now owns 700,702 shares of the consumer goods maker’s stock valued at $76,909,000 after acquiring an additional 584,802 shares during the period. Clearbridge Investments LLC raised its stake in shares of Anheuser-Busch Inbev SA by 11.3% in the first quarter. Clearbridge Investments LLC now owns 4,938,501 shares of the consumer goods maker’s stock valued at $542,050,000 after acquiring an additional 502,195 shares during the period. Renaissance Technologies LLC raised its stake in shares of Anheuser-Busch Inbev SA by 225.6% in the second quarter. Renaissance Technologies LLC now owns 595,500 shares of the consumer goods maker’s stock valued at $65,719,000 after acquiring an additional 412,600 shares during the period. Finally, The Manufacturers Life Insurance Company raised its stake in shares of Anheuser-Busch Inbev SA by 12.5% in the second quarter. The Manufacturers Life Insurance Company now owns 3,170,017 shares of the consumer goods maker’s stock valued at $349,844,000 after acquiring an additional 352,595 shares during the period. 5.50% of the stock is currently owned by institutional investors and hedge funds.

TRADEMARK VIOLATION WARNING: “Anheuser-Busch Inbev SA (BUD) Sees Unusually-High Trading Volume” was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this story on another publication, it was stolen and republished in violation of U.S. & international trademark and copyright law. The correct version of this story can be viewed at https://www.thecerbatgem.com/2017/09/10/anheuser-busch-inbev-sa-bud-sees-unusually-high-trading-volume.html.

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.

Receive News & Stock Ratings for Anheuser-Busch Inbev SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anheuser-Busch Inbev SA and related stocks with our FREE daily email newsletter.