Anheuser-busch Companies LLC (NYSE:BUD) Stock Price Up as Sentiment Increases

December 28, 2017 - By Ellis Scott

 Anheuser busch Companies LLC (NYSE:BUD) Stock Price Up as Sentiment  Increases

Sentiment for Anheuser-busch Companies LLC (NYSE:BUD)

Anheuser-busch Companies LLC (NYSE:BUD) institutional sentiment increased to 1.27 in Q3 2017. Its up 0.30, from 0.97 in 2017Q2. The ratio is more positive, as 214 investment managers started new and increased holdings, while 168 reduced and sold holdings in Anheuser-busch Companies LLC. The investment managers in our partner’s database now own: 92.33 million shares, up from 89.61 million shares in 2017Q2. Also, the number of investment managers holding Anheuser-busch Companies LLC in their top 10 holdings increased from 9 to 12 for an increase of 3. Sold All: 30 Reduced: 138 Increased: 151 New Position: 63.

Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. The company has market cap of $217.83 billion. It offers a portfolio of approximately 500 beer brands, including Budweiser, Corona, and Stella Artois; BeckÂ’s, Castle, Castle Lite, Hoegaarden, and Leffe; and Aguila, Antarctica, Bud Light, Brahma, Cass, Chernigivske, Cristal, Harbin, Jupiler, Klinskoye, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, Sibirskaya Korona, and Skol brands. It has a 41.86 P/E ratio.

The stock increased 0.66% or $0.74 during the last trading session, reaching $112.15. About 938,073 shares traded. Anheuser-Busch InBev SA/NV (NYSE:BUD) has declined 3.55% since December 28, 2016 and is downtrending. It has underperformed by 20.25% the S&P500.

Analysts await Anheuser-Busch InBev SA/NV (NYSE:BUD) to report earnings on March, 1. They expect $1.25 earnings per share, up 190.70 % or $0.82 from last year’s $0.43 per share. BUD’s profit will be $2.43B for 22.43 P/E if the $1.25 EPS becomes a reality. After $1.31 actual earnings per share reported by Anheuser-Busch InBev SA/NV for the previous quarter, Wall Street now forecasts -4.58 % negative EPS growth.

Emerging Sovereign Group Llc holds 14.74% of its portfolio in Anheuser-Busch InBev SA/NV for 296,687 shares. Btg Pactual Global Asset Management Ltd owns 342,732 shares or 13.04% of their US portfolio. Moreover, Cook & Bynum Capital Management Llc has 12.28% invested in the company for 160,337 shares. The New York-based Soroban Capital Partners Lp has invested 5.95% in the stock. Hoplite Capital Management L.P., a New York-based fund reported 700,230 shares.#img1#

Anheuser-Busch InBev SA/NV (NYSE:BUD) Ratings Coverage

Ratings analysis reveals 64% of Anheuser-Busch InBev’s analysts are positive. Out of 22 Wall Street analysts rating Anheuser-Busch InBev, 14 give it “Buy”, 2 “Sell” rating, while 6 recommend “Hold”. The lowest target is $100 while the high is $157. The stock’s average target of $124.86 is 11.33% above today’s ($112.15) share price. BUD was included in 42 notes of analysts from July 21, 2015. The stock of Anheuser-Busch InBev SA/NV (NYSE:BUD) earned “Hold” rating by HSBC on Monday, November 14. As per Monday, August 22, the company rating was upgraded by Kepler Cheuvreux. The stock of Anheuser-Busch InBev SA/NV (NYSE:BUD) earned “Buy” rating by Stifel Nicolaus on Wednesday, August 30. The rating was downgraded by Societe Generale on Tuesday, April 5 to “Buy”. The stock of Anheuser-Busch InBev SA/NV (NYSE:BUD) earned “Underweight” rating by JP Morgan on Tuesday, December 5. Argus Research initiated it with “Buy” rating and $136 target in Friday, September 8 report. As per Monday, September 21, the company rating was downgraded by RBC Capital Markets. On Monday, July 10 the stock rating was maintained by Goldman Sachs with “Buy”. The firm has “Underperform” rating given on Monday, October 10 by RBC Capital Markets. The rating was downgraded by RBC Capital Markets to “Underperform” on Wednesday, July 6.

More notable recent Anheuser-Busch InBev SA/NV (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 Fool.com with their article: “Is Anheuser-Busch InBev SA (ADR) Trying to Snuff Out Craft Beer Competition?” published on October 25, 2015, Fool.com published: “Better Buy: American Outdoor Brands Corp vs. Anheuser Busch InBev NV (ADR)” on August 12, 2017. More interesting news about Anheuser-Busch InBev SA/NV (NYSE:BUD) were released by: Investorplace.com and their article: “3 Big Stock Charts for Friday: Apple Inc. (AAPL), Baidu Inc (ADR) (BIDU) and …” published on July 21, 2017 as well as Investorplace.com‘s news article titled: “Anheuser Busch Inbev SA NV (ADR): BUD Selling Off Brands for $7.8B” with publication date: December 13, 2016.

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