Anheuser-Busch InBev SA/NV (NYSE:BUD) Sets New 1-Year Low – Should You Sell?

Anheuser-Busch InBev SA/NV (NYSE:BUD)’s stock price reached a new 52-week low during trading on Tuesday . The company traded as low as $54.00 and last traded at $54.08, with a volume of 350352 shares traded. The stock had previously closed at $55.04.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Citigroup upgraded Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a report on Tuesday, October 1st. Evercore ISI upgraded Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a report on Monday, September 30th. Morgan Stanley increased their price target on Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the company an “overweight” rating in a report on Tuesday, September 10th. Barclays upgraded Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a report on Wednesday, October 9th. Finally, TD Cowen downgraded Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating and increased their price target for the company from $68.00 to $88.00 in a report on Tuesday, October 8th. Three investment analysts have rated the stock with a hold rating, five have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $79.00.

Anheuser-Busch InBev SA/NV Stock Performance

The firm’s 50 day moving average price is $61.50 and its 200-day moving average price is $61.63. The firm has a market cap of $97.16 billion, a price-to-earnings ratio of 16.69, a P/E/G ratio of 1.76 and a beta of 1.12. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51.

Institutional Investors Weigh In On Anheuser-Busch InBev SA/NV

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Fisher Asset Management LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 6.0% in the third quarter. Fisher Asset Management LLC now owns 10,307,014 shares of the consumer goods maker’s stock worth $683,252,000 after acquiring an additional 587,329 shares during the last quarter. Holocene Advisors LP grew its stake in shares of Anheuser-Busch InBev SA/NV by 22.8% in the third quarter. Holocene Advisors LP now owns 4,331,636 shares of the consumer goods maker’s stock worth $287,144,000 after acquiring an additional 803,257 shares during the last quarter. Douglass Winthrop Advisors LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 2.9% in the third quarter. Douglass Winthrop Advisors LLC now owns 1,286,674 shares of the consumer goods maker’s stock worth $85,294,000 after acquiring an additional 35,757 shares during the last quarter. Seafarer Capital Partners LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 11.2% in the third quarter. Seafarer Capital Partners LLC now owns 1,059,000 shares of the consumer goods maker’s stock worth $70,201,000 after acquiring an additional 107,000 shares during the last quarter. Finally, Armistice Capital LLC grew its stake in shares of Anheuser-Busch InBev SA/NV by 19.5% in the second quarter. Armistice Capital LLC now owns 839,000 shares of the consumer goods maker’s stock worth $48,788,000 after acquiring an additional 137,000 shares during the last quarter. Institutional investors and hedge funds own 5.53% of the company’s stock.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.