Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Rating) saw a large decline in short interest in the month of December. As of December 30th, there was short interest totalling 2,670,000 shares, a decline of 12.5% from the December 15th total of 3,050,000 shares. Based on an average daily trading volume, of 1,300,000 shares, the days-to-cover ratio is currently 2.1 days. Currently, 0.2% of the company's shares are short sold.
Anheuser-Busch InBev SA/NV Stock Down 0.8 %
BUD traded down $0.50 during trading on Monday, reaching $59.30. The company had a trading volume of 1,609,030 shares, compared to its average volume of 1,549,837. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.67 and a quick ratio of 0.47. Anheuser-Busch InBev SA/NV has a 12 month low of $44.51 and a 12 month high of $66.05. The business's fifty day moving average price is $59.24 and its 200 day moving average price is $53.59. The company has a market cap of $117.41 billion, a P/E ratio of 23.44, a PEG ratio of 1.89 and a beta of 1.23.
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Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Rating) last announced its quarterly earnings results on Thursday, October 27th. The consumer goods maker reported $0.81 earnings per share for the quarter, beating analysts' consensus estimates of $0.78 by $0.03. Anheuser-Busch InBev SA/NV had a net margin of 8.88% and a return on equity of 15.51%. The firm had revenue of $15.09 billion for the quarter, compared to analyst estimates of $15.12 billion. Equities analysts anticipate that Anheuser-Busch InBev SA/NV will post 2.93 EPS for the current year.
Institutional Trading of Anheuser-Busch InBev SA/NV
A number of institutional investors have recently made changes to their positions in BUD. Dodge & Cox lifted its position in shares of Anheuser-Busch InBev SA/NV by 13.7% in the second quarter. Dodge & Cox now owns 23,838,936 shares of the consumer goods maker's stock worth $1,286,111,000 after purchasing an additional 2,865,804 shares in the last quarter. Dynamo Administracao de Recursos Ltda. lifted its position in shares of Anheuser-Busch InBev SA/NV by 37.8% in the third quarter. Dynamo Administracao de Recursos Ltda. now owns 4,926,864 shares of the consumer goods maker's stock worth $222,497,000 after purchasing an additional 1,351,899 shares in the last quarter. UBS Group AG lifted its position in shares of Anheuser-Busch InBev SA/NV by 87.3% in the third quarter. UBS Group AG now owns 1,945,327 shares of the consumer goods maker's stock worth $87,851,000 after purchasing an additional 906,881 shares in the last quarter. Seafarer Capital Partners LLC bought a new stake in shares of Anheuser-Busch InBev SA/NV in the second quarter worth $39,060,000. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Anheuser-Busch InBev SA/NV in the second quarter worth $31,718,000. Institutional investors own 5.53% of the company's stock.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently commented on the stock. UBS Group cut shares of Anheuser-Busch InBev SA/NV from a "neutral" rating to a "sell" rating in a research report on Thursday, January 12th. Morgan Stanley decreased their price objective on shares of Anheuser-Busch InBev SA/NV from €54.00 ($58.70) to €52.00 ($56.52) and set an "equal weight" rating for the company in a report on Tuesday, October 11th. Jefferies Financial Group cut shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating and decreased their price objective for the company from $68.00 to $54.00 in a report on Monday, September 26th. Deutsche Bank Aktiengesellschaft cut shares of Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a report on Thursday, January 12th. Finally, JPMorgan Chase & Co. upgraded shares of Anheuser-Busch InBev SA/NV from an "underweight" rating to an "overweight" rating and boosted their price objective for the company from $45.00 to $70.00 in a report on Monday, November 28th. They noted that the move was a valuation call. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, Anheuser-Busch InBev SA/NV presently has an average rating of "Hold" and a consensus price target of $64.70.
Anheuser-Busch InBev SA/NV Company Profile
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Anheuser-Busch InBev SA/NV operates as a holding company, which engages in the manufacture and distribution of alcoholic and non-alcoholic beverages. It operates through the following geographical segments: North America, Middle Americas, South America, EMEA, Asia Pacific, and Global Export and Holding Companies.
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