Anheuser-Busch InBev SA/NV Sees Unusually High Options Volume (NYSE:BUD)

Anheuser-Busch InBev SA/NV (NYSE:BUD) was the recipient of unusually large options trading activity on Friday. Stock traders acquired 13,978 call options on the stock. This represents an increase of approximately 233% compared to the typical volume of 4,198 call options.

Anheuser-Busch InBev SA/NV Trading Down 2.2 %

NYSE:BUD traded down $1.09 on Friday, hitting $48.84. The stock had a trading volume of 1,812,620 shares, compared to its average volume of 1,729,849. The company has a fifty day moving average price of $54.94 and a two-hundred day moving average price of $59.58. The stock has a market cap of $87.78 billion, a price-to-earnings ratio of 15.07, a PEG ratio of 1.68 and a beta of 1.08. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 0.85. Anheuser-Busch InBev SA/NV has a 1-year low of $48.55 and a 1-year high of $67.49.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BUD. Fisher Asset Management LLC grew its holdings in shares of Anheuser-Busch InBev SA/NV by 6.0% during the 3rd quarter. Fisher Asset Management LLC now owns 10,307,014 shares of the consumer goods maker’s stock worth $683,252,000 after purchasing an additional 587,329 shares during the period. Holocene Advisors LP lifted its position in 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 valued at $287,144,000 after buying an additional 803,257 shares during the last quarter. Douglass Winthrop Advisors LLC boosted its stake in Anheuser-Busch InBev SA/NV by 2.9% during 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 buying an additional 35,757 shares during the period. Seafarer Capital Partners LLC increased its position in shares of Anheuser-Busch InBev SA/NV by 11.2% during the third quarter. Seafarer Capital Partners LLC now owns 1,059,000 shares of the consumer goods maker’s stock valued at $70,201,000 after acquiring an additional 107,000 shares during the last quarter. Finally, Armistice Capital LLC lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 19.5% in the 2nd 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.

Wall Street Analyst Weigh In

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

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.