Traders Buy High Volume of Anheuser-Busch InBev Call Options (BUD)

Anheuser-Busch InBev (NYSE:BUD) was the recipient of unusually large options trading on Wednesday. Stock investors acquired 133,095 call options on the stock. This is an increase of 1,217% compared to the typical volume of 10,107 call options.

A number of institutional investors have recently added to or reduced their stakes in the business. Zions Bancorporation raised its stake in shares of Anheuser-Busch InBev by 800.0% during the 3rd quarter. Zions Bancorporation now owns 882 shares of the consumer goods maker’s stock worth $106,000 after buying an additional 784 shares during the last quarter. Bank of Nova Scotia Trust Co. acquired a new position in shares of Anheuser-Busch InBev during the 3rd quarter worth $112,000. San Francisco Sentry Investment Group CA raised its stake in shares of Anheuser-Busch InBev by 138.5% during the 4th quarter. San Francisco Sentry Investment Group CA now owns 1,240 shares of the consumer goods maker’s stock worth $138,000 after buying an additional 720 shares during the last quarter. Delpha Capital Management LLC acquired a new position in shares of Anheuser-Busch InBev during the 4th quarter worth $149,000. Finally, Acropolis Investment Management LLC acquired a new position in shares of Anheuser-Busch InBev during the 4th quarter worth $167,000. 5.88% of the stock is owned by institutional investors.

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Anheuser-Busch InBev stock traded down $2.10 during midday trading on Friday, reaching $107.94. The company’s stock had a trading volume of 2,044,875 shares, compared to its average volume of 2,222,818. Anheuser-Busch InBev has a fifty-two week low of $101.21 and a fifty-two week high of $126.50. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.55 and a current ratio of 0.66. The company has a market cap of $186,324.34, a P/E ratio of 26.72, a price-to-earnings-growth ratio of 1.49 and a beta of 0.99.

Anheuser-Busch InBev (NYSE:BUD) last released its earnings results on Thursday, March 1st. The consumer goods maker reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.06. Anheuser-Busch InBev had a return on equity of 19.47% and a net margin of 14.17%. The company had revenue of $14.60 billion during the quarter, compared to the consensus estimate of $14.49 billion. During the same quarter last year, the company earned $0.43 earnings per share. Anheuser-Busch InBev’s quarterly revenue was up 2.8% compared to the same quarter last year. sell-side analysts predict that Anheuser-Busch InBev will post 5.05 EPS for the current year.

Several equities research analysts recently weighed in on BUD shares. Zacks Investment Research downgraded Anheuser-Busch InBev from a “hold” rating to a “sell” rating in a report on Wednesday, December 27th. Deutsche Bank raised Anheuser-Busch InBev from a “hold” rating to a “buy” rating in a report on Wednesday, January 17th. Susquehanna Bancshares raised Anheuser-Busch InBev from a “neutral” rating to a “positive” rating and increased their price target for the stock from $125.00 to $131.00 in a report on Wednesday, February 28th. Sanford C. Bernstein raised Anheuser-Busch InBev from a “market perform” rating to an “outperform” rating and increased their price target for the stock from $115.19 to $132.00 in a report on Monday, March 12th. Finally, JPMorgan Chase decreased their price target on Anheuser-Busch InBev from $106.68 to $98.72 and set an “underweight” rating for the company in a report on Thursday, February 15th. Three analysts have rated the stock with a sell rating, two have issued a hold rating and nine have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $126.02.

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Anheuser-Busch InBev Company Profile

Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. It offers a portfolio of approximately 500 beer brands, including Budweiser, Corona, and Stella Artois; Beck's, Castle, Castle Lite, Hoegaarden, and Leffe; and Aguila, Antarctica, Bud Light, Brahma, Cass, Chernigivske, Cristal, Harbin, Jupiler, Klinskoye, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, Sibirskaya Korona, and Skol.

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