Anheuser-Busch InBev SA/NV Target of Unusually Large Options Trading (NYSE:BUD)

Anheuser-Busch InBev SA/NV (NYSE:BUD) was the recipient of some unusual options trading on Friday. Traders purchased 13,978 call options on the stock. This represents an increase of approximately 233% compared to the average volume of 4,198 call options.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Addison Advisors LLC grew its position in shares of Anheuser-Busch InBev SA/NV by 39.7% in the 2nd quarter. Addison Advisors LLC now owns 591 shares of the consumer goods maker’s stock valued at $34,000 after buying an additional 168 shares during the last quarter. Brown Lisle Cummings Inc. boosted its stake in Anheuser-Busch InBev SA/NV by 9.0% in the third quarter. Brown Lisle Cummings Inc. now owns 2,375 shares of the consumer goods maker’s stock valued at $157,000 after acquiring an additional 197 shares in the last quarter. First Personal Financial Services grew its holdings 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 during the last quarter. CHICAGO TRUST Co NA lifted its holdings in shares of Anheuser-Busch InBev SA/NV by 2.2% in the 3rd quarter. CHICAGO TRUST Co NA now owns 10,165 shares of the consumer goods maker’s stock valued at $674,000 after purchasing an additional 217 shares during the last quarter. Finally, AE Wealth Management LLC boosted its position in shares of Anheuser-Busch InBev SA/NV by 6.5% in the 2nd quarter. AE Wealth Management LLC now owns 4,540 shares of the consumer goods maker’s stock valued at $264,000 after purchasing an additional 278 shares during the period. 5.53% of the stock is owned by institutional investors and hedge funds.

Anheuser-Busch InBev SA/NV Stock Down 2.2 %

Shares of Anheuser-Busch InBev SA/NV stock traded down $1.09 during trading on Friday, hitting $48.84. 1,812,620 shares of the stock were exchanged, compared to its average volume of 1,729,849. The stock has a market cap of $87.78 billion, a price-to-earnings ratio of 15.07, a price-to-earnings-growth ratio of 1.68 and a beta of 1.08. The firm’s 50-day moving average price is $54.94 and its 200 day moving average price is $59.58. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.69 and a quick ratio of 0.51. Anheuser-Busch InBev SA/NV has a 12-month low of $48.55 and a 12-month high of $67.49.

Analyst Ratings Changes

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

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.