The stock of Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) is a huge mover today! About 776,371 shares traded hands. Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) has declined 20.17% since April 22, 2016 and is downtrending. It has underperformed by 25.58% the S&P500.
The move comes after 5 months positive chart setup for the $175.01B company. It was reported on Nov, 25 by Barchart.com. We have $107.24 PT which if reached, will make NYSE:BUD worth $5.25 billion more.
Analysts await Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) to report earnings on February, 23. They expect $1.34 earnings per share, down 14.10% or $0.22 from last year’s $1.56 per share. BUD’s profit will be $2.25B for 19.43 P/E if the $1.34 EPS becomes a reality. After $0.83 actual earnings per share reported by Anheuser Busch Inbev SA NV (ADR) for the previous quarter, Wall Street now forecasts 61.45% EPS growth.
Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) Ratings Coverage
Out of 18 analysts covering Anheuser-Busch InBev (NYSE:BUD), 12 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 67% are positive. Anheuser-Busch InBev has been the topic of 29 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The rating was upgraded by Vetr to “Buy” on Thursday, August 13. The rating was downgraded by Societe Generale on Thursday, October 20 to “Hold”. The stock has “Underperform” rating given by RBC Capital Markets on Monday, October 10. The firm earned “Buy” rating on Thursday, September 17 by Sterne Agee CRT. The firm earned “Buy” rating on Monday, August 22 by Kepler Cheuvreux. The rating was downgraded by Nomura on Tuesday, July 21 to “Neutral”. The rating was downgraded by RBC Capital Markets to “Underperform” on Wednesday, July 6. The company was downgraded on Monday, November 14 by HSBC. JP Morgan reinitiated the shares of BUD in a report on Tuesday, October 11 with “Neutral” rating. The stock of Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) has “Overweight” rating given on Wednesday, October 5 by Morgan Stanley.
According to Zacks Investment Research, “Anheuser-Busch is the leading global brewer and one of the world’s top five consumer products companies. Their portfolio of well over 200 beer brands continues to forge strong connections with consumers. They invest the majority of their brand-building resources on their Focus Brands – those with the greatest growth potential such as global brands BudweiserÂ®, Stella ArtoisÂ® and BeckÂ’sÂ®, alongside LeffeÂ®, HoegaardenÂ®, Bud LightÂ®, SkolÂ®, BrahmaÂ®, AntarcticaÂ®, QuilmesÂ®, Michelob UltraÂ®, HarbinÂ®, SedrinÂ®, KlinskoyeÂ®, Sibirskaya KoronaÂ®, ChernigivskeÂ®, HasserÃ¶derÂ® and JupilerÂ®. In addition, the company owns a 50 percent equity interest in the operating subsidiary of Grupo Modelo, Mexico’s leading brewer and owner of the global CoronaÂ® brand.”
Insitutional Activity: The institutional sentiment increased to 1.02 in Q2 2016. Its up 0.02, from 1 in 2016Q1. The ratio increased, as 37 funds sold all Anheuser Busch Inbev SA NV (ADR) shares owned while 150 reduced positions. 41 funds bought stakes while 146 increased positions. They now own 91.82 million shares or 6.76% more from 86.01 million shares in 2016Q1.
Dynamo Internacional Gestao De Recursos Ltda reported 3,043 shares or 0.08% of all its holdings. Moreover, Veritable L P has 0.19% invested in Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) for 56,392 shares. Bollard Group Inc Llc has 115 shares for 0% of their US portfolio. Palo Incorporated holds 0.45% or 10,020 shares in its portfolio. State Street Corp holds 0% of its portfolio in Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) for 28,746 shares. The Michigan-based Ls Investment Advsrs Llc has invested 0% in Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD). Bb&T accumulated 0.02% or 10,183 shares. Narwhal Capital Mgmt owns 10,920 shares or 0.45% of their US portfolio. The United Kingdom-based Aviva Plc has invested 0.01% in Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD). Moreover, Hartwell J M L P has 0.16% invested in Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) for 4,897 shares. Kcg Hldgs last reported 13,944 shares in the company. Tiaa Cref Trust Fsb Mo last reported 90,349 shares in the company. Hugh Johnson Advisors Limited Co holds 1.67% of its portfolio in Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) for 32,629 shares. Moors And Cabot reported 2,818 shares or 0.06% of all its holdings. Gardner Russo And Gardner Ltd holds 7.2% or 6.53 million shares in its portfolio.
More notable recent Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) news were published by: Investorplace.com which released: “Anheuser Busch Inbev SA NV (ADR) (BUD) Is the King of Sin Stocks” on November 16, 2016, also Quotes.Wsj.com with their article: “DOW JONES, A NEWS CORP COMPANY” published on February 11, 2011, Finance.Yahoo.com published: “BUD : Summary for Anheuser-Busch Inbev SA Sponsor – Yahoo Finance” on September 16, 2015. More interesting news about Anheuser Busch Inbev SA NV (ADR) (NYSE:BUD) were released by: Schaeffersresearch.com and their article: “Option Bulls Watch Anheuser Busch Inbev SA NV (ADR) (BUD) Amid Brand Sale Rumors” published on November 08, 2016 as well as Fool.com‘s news article titled: “Is Anheuser-Busch InBev SA (ADR) Trying to Snuff Out Craft Beer Competition?” with publication date: October 25, 2015.
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