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

Anheuser-Busch InBev SA/NV (NYSE:BUD) was the recipient of some unusual options trading on Friday. Stock investors bought 13,978 call options on the company. This is an increase of 233% compared to the average volume of 4,198 call options.

Wall Street Analyst Weigh In

A number of equities analysts have commented on BUD shares. Barclays upgraded Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research note on Wednesday, October 9th. TD Cowen cut 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 report on Tuesday, October 8th. Evercore ISI raised shares of Anheuser-Busch InBev SA/NV to a “strong-buy” rating in a research report on Monday, September 30th. 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. Finally, Morgan Stanley boosted their target price on shares of Anheuser-Busch InBev SA/NV from $68.50 to $73.00 and gave the company an “overweight” rating in a research report on Tuesday, September 10th. Two analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $79.00.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD stock opened at $48.85 on Friday. The stock has a market capitalization of $87.79 billion, a PE ratio of 15.08, a PEG ratio of 1.68 and a beta of 1.08. The business’s 50 day simple moving average is $54.35 and its 200 day simple moving average is $59.44. 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 one year low of $48.55 and a one year high of $67.49.

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

A number of institutional investors and hedge funds have recently modified their holdings of the business. Allspring Global Investments Holdings LLC boosted its position in shares of Anheuser-Busch InBev SA/NV by 210.3% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 5,396 shares of the consumer goods maker’s stock worth $314,000 after purchasing an additional 3,657 shares in the last quarter. Rhumbline Advisers boosted its holdings in Anheuser-Busch InBev SA/NV by 5.7% in the second quarter. Rhumbline Advisers now owns 17,632 shares of the consumer goods maker’s stock worth $1,025,000 after acquiring an additional 944 shares in the last quarter. Kornitzer Capital Management Inc. KS grew its stake in Anheuser-Busch InBev SA/NV by 69.1% in the second quarter. Kornitzer Capital Management Inc. KS now owns 6,290 shares of the consumer goods maker’s stock valued at $366,000 after acquiring an additional 2,570 shares during the period. Addison Advisors LLC increased its holdings in shares of Anheuser-Busch InBev SA/NV by 39.7% during 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. Finally, Private Advisor Group LLC raised its position in shares of Anheuser-Busch InBev SA/NV by 3.5% during the second quarter. Private Advisor Group LLC now owns 11,011 shares of the consumer goods maker’s stock worth $640,000 after purchasing an additional 376 shares during the period. 5.53% of the stock is currently owned by institutional investors.

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.