Investors Purchase High Volume of Anheuser-Busch InBev SA/NV Call Options (NYSE:BUD)

Anheuser-Busch InBev SA/NV (NYSE:BUD) saw unusually large options trading activity on Friday. Stock traders purchased 13,978 call options on the company. This represents an increase of 233% compared to the average volume of 4,198 call options.

Analysts Set New Price Targets

BUD has been the subject of several recent research reports. Barclays raised shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Wednesday, October 9th. Morgan Stanley boosted their target price on Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 10th. Citigroup raised Anheuser-Busch InBev SA/NV from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 1st. Evercore ISI raised Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Monday, September 30th. Finally, TD Cowen cut shares of Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating and raised their target price for the company from $68.00 to $88.00 in a report on Tuesday, October 8th. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Anheuser-Busch InBev SA/NV currently has a consensus rating of “Buy” and a consensus target price of $79.00.

Anheuser-Busch InBev SA/NV Trading Down 2.2 %

NYSE:BUD opened at $48.85 on Friday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 0.69. Anheuser-Busch InBev SA/NV has a 1 year low of $48.55 and a 1 year high of $67.49. The stock has a market cap of $87.79 billion, a P/E ratio of 15.08, a P/E/G ratio of 1.68 and a beta of 1.08. The stock has a 50-day simple moving average of $54.65 and a 200-day simple moving average of $59.51.

Hedge Funds Weigh In On Anheuser-Busch InBev SA/NV

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Ashton Thomas Securities LLC purchased a new stake in shares of Anheuser-Busch InBev SA/NV during the 3rd quarter worth approximately $26,000. Legacy Investment Solutions LLC purchased a new stake in Anheuser-Busch InBev SA/NV in the third quarter valued at $27,000. Addison Advisors LLC boosted its stake in Anheuser-Busch InBev SA/NV by 39.7% in the second quarter. Addison Advisors LLC now owns 591 shares of the consumer goods maker’s stock valued at $34,000 after acquiring an additional 168 shares in the last quarter. Valley Wealth Managers Inc. purchased a new position in shares of Anheuser-Busch InBev SA/NV during the second quarter worth about $38,000. Finally, First Personal Financial Services increased its position in shares of Anheuser-Busch InBev SA/NV by 51.3% during the third quarter. First Personal Financial Services now owns 605 shares of the consumer goods maker’s stock worth $40,000 after purchasing an additional 205 shares in the last quarter. 5.53% of the stock is owned by institutional investors and hedge funds.

About Anheuser-Busch InBev SA/NV

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.