Stock Traders Buy High Volume of Call Options on Anheuser-Busch Inbev SA (BUD)

Anheuser-Busch Inbev SA (NYSE:BUD) saw unusually large options trading on Wednesday. Stock traders acquired 446 call options on the company. This is an increase of 120% compared to the average daily volume of 203 call options.

Several equities analysts recently commented on the company. Zacks Investment Research upgraded Anheuser-Busch Inbev SA from a “sell” rating to a “hold” rating in a research note on Thursday, June 29th. Susquehanna Bancshares Inc reiterated a “neutral” rating and issued a $101.00 target price (down from $109.00) on shares of Anheuser-Busch Inbev SA in a research note on Wednesday, April 26th. Vetr lowered Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating and set a $104.70 price target for the company. in a research note on Monday, May 1st. Jefferies Group LLC restated a “buy” rating and set a $132.00 price target on shares of Anheuser-Busch Inbev SA in a research note on Monday, May 15th. Finally, BidaskClub lowered Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating in a research note on Wednesday, June 14th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and twelve have assigned a buy rating to the company. Anheuser-Busch Inbev SA currently has an average rating of “Hold” and a consensus target price of $128.10.

Several institutional investors have recently added to or reduced their stakes in BUD. Cacti Asset Management LLC increased its position in Anheuser-Busch Inbev SA by 16.6% in the first quarter. Cacti Asset Management LLC now owns 227,815 shares of the consumer goods maker’s stock valued at $25,119,000 after buying an additional 32,415 shares during the last quarter. Raymond James Trust N.A. increased its position in Anheuser-Busch Inbev SA by 1.0% in the first quarter. Raymond James Trust N.A. now owns 7,536 shares of the consumer goods maker’s stock valued at $827,000 after buying an additional 73 shares during the last quarter. Douglass Winthrop Advisors LLC increased its position in Anheuser-Busch Inbev SA by 33.8% in the first quarter. Douglass Winthrop Advisors LLC now owns 317,096 shares of the consumer goods maker’s stock valued at $34,804,000 after buying an additional 80,177 shares during the last quarter. Lawson Kroeker Investment Management Inc. NE increased its position in Anheuser-Busch Inbev SA by 1.3% in the first quarter. Lawson Kroeker Investment Management Inc. NE now owns 93,680 shares of the consumer goods maker’s stock valued at $10,282,000 after buying an additional 1,215 shares during the last quarter. Finally, Chesley Taft & Associates LLC increased its position in Anheuser-Busch Inbev SA by 194.0% in the first quarter. Chesley Taft & Associates LLC now owns 22,885 shares of the consumer goods maker’s stock valued at $2,512,000 after buying an additional 15,100 shares during the last quarter. 5.29% of the stock is owned by hedge funds and other institutional investors.

Shares of Anheuser-Busch Inbev SA (BUD) traded up 0.62% during mid-day trading on Wednesday, hitting $117.75. The stock had a trading volume of 1,415,063 shares. The firm has a 50 day moving average of $115.26 and a 200 day moving average of $112.79. The stock has a market cap of $227.69 billion, a price-to-earnings ratio of 58.70 and a beta of 1.07. Anheuser-Busch Inbev SA has a one year low of $98.28 and a one year high of $136.08.

Anheuser-Busch Inbev SA (NYSE:BUD) last issued its earnings results on Thursday, July 27th. The consumer goods maker reported $0.95 earnings per share for the quarter, missing analysts’ consensus estimates of $1.14 by $0.19. Anheuser-Busch Inbev SA had a net margin of 7.37% and a return on equity of 13.61%. The company had revenue of $14.18 billion during the quarter, compared to analyst estimates of $14.15 billion. During the same quarter in the prior year, the business earned $1.06 EPS. The business’s quarterly revenue was up 31.2% on a year-over-year basis. On average, analysts forecast that Anheuser-Busch Inbev SA will post $4.16 earnings per share for the current year.

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About Anheuser-Busch Inbev SA

Anheuser Busch Inbev NV (AB InBev) is a Belgium-based company engaged in the brewers industry. The Company owns a portfolio of over 200 beer brands. The Company’s brand portfolio includes global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck’s, Leffe and Hoegaarden, and local champions, such as Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass and Jupiler.

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