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

Anheuser-Busch InBev SA/NV (NYSE:BUD) saw unusually large options trading activity on Wednesday. Stock investors purchased 14,014 call options on the stock. This is an increase of approximately 141% compared to the average daily volume of 5,827 call options.

Analysts Set New Price Targets

Separately, TD Cowen decreased their target price on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating for the company in a research note on Wednesday, January 8th. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $64.00.

Institutional Trading of Anheuser-Busch InBev SA/NV

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Dodge & Cox raised its stake in shares of Anheuser-Busch InBev SA/NV by 27.7% during the fourth quarter. Dodge & Cox now owns 39,996,830 shares of the consumer goods maker’s stock worth $2,002,641,000 after acquiring an additional 8,670,940 shares in the last quarter. Fisher Asset Management LLC raised its stake in Anheuser-Busch InBev SA/NV by 6.0% during the third quarter. Fisher Asset Management LLC now owns 10,307,014 shares of the consumer goods maker’s stock valued at $683,252,000 after buying an additional 587,329 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings in Anheuser-Busch InBev SA/NV by 7.2% in the fourth quarter. The Manufacturers Life Insurance Company now owns 7,569,492 shares of the consumer goods maker’s stock worth $379,004,000 after buying an additional 505,206 shares during the last quarter. Holocene Advisors LP raised its stake in shares of 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 worth $287,144,000 after purchasing an additional 803,257 shares during the last quarter. Finally, Capital International Investors increased its position in Anheuser-Busch InBev SA/NV by 5.5% during the fourth quarter. Capital International Investors now owns 2,594,619 shares of the consumer goods maker’s stock valued at $129,201,000 after acquiring an additional 134,243 shares during the last quarter. 5.53% of the stock is currently owned by institutional investors.

Anheuser-Busch InBev SA/NV Price Performance

Shares of BUD traded up $4.64 during trading hours on Wednesday, reaching $59.41. The stock had a trading volume of 2,532,880 shares, compared to its average volume of 2,263,644. The company’s 50-day moving average is $49.98 and its two-hundred day moving average is $56.76. The stock has a market capitalization of $106.77 billion, a PE ratio of 18.34, a PEG ratio of 1.73 and a beta of 1.08. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $67.49. 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 (NYSE:BUD) last announced its quarterly earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.13. Anheuser-Busch InBev SA/NV had a return on equity of 15.29% and a net margin of 10.98%. Research analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

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.