Anheuser-Busch Inbev SA (NYSE:BUD) was the target of unusually large options trading activity on Wednesday. Traders bought 446 call options on the company. This is an increase of approximately 120% compared to the average daily volume of 203 call options.

Hedge funds have recently added to or reduced their stakes in the stock. Chicago Partners Investment Group LLC purchased a new stake in Anheuser-Busch Inbev SA during the second quarter valued at approximately $101,000. Kistler Tiffany Companies LLC raised its stake in Anheuser-Busch Inbev SA by 151.9% in the first quarter. Kistler Tiffany Companies LLC now owns 985 shares of the consumer goods maker’s stock valued at $108,000 after buying an additional 594 shares in the last quarter. Jacobus Wealth Management Inc. raised its stake in Anheuser-Busch Inbev SA by 4.2% in the first quarter. Jacobus Wealth Management Inc. now owns 1,042 shares of the consumer goods maker’s stock valued at $114,000 after buying an additional 42 shares in the last quarter. Bronfman E.L. Rothschild L.P. raised its stake in Anheuser-Busch Inbev SA by 5.1% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 1,103 shares of the consumer goods maker’s stock valued at $121,000 after buying an additional 54 shares in the last quarter. Finally, Oakworth Capital Inc. raised its stake in Anheuser-Busch Inbev SA by 4.0% in the second quarter. Oakworth Capital Inc. now owns 1,175 shares of the consumer goods maker’s stock valued at $130,000 after buying an additional 45 shares in the last quarter. Institutional investors own 5.28% of the company’s stock.

Anheuser-Busch Inbev SA (NYSE BUD) opened at 120.03 on Friday. The company’s 50 day moving average is $114.06 and its 200-day moving average is $111.94. Anheuser-Busch Inbev SA has a 1-year low of $98.28 and a 1-year high of $136.08. The stock has a market cap of $232.10 billion, a PE ratio of 59.84 and a beta of 1.07.

Anheuser-Busch Inbev SA (NYSE:BUD) last released its quarterly earnings data on Thursday, July 27th. The consumer goods maker reported $0.95 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.14 by $0.19. The business had revenue of $14.18 billion during the quarter, compared to analyst estimates of $14.15 billion. Anheuser-Busch Inbev SA had a return on equity of 13.61% and a net margin of 7.37%. The firm’s revenue was up 31.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.06 EPS. Equities research analysts forecast that Anheuser-Busch Inbev SA will post $4.16 earnings per share for the current fiscal year.

BUD has been the subject of a number of research analyst reports. Susquehanna Bancshares Inc set a $111.00 target price on shares of Anheuser-Busch Inbev SA and gave the stock a “hold” rating in a research report on Thursday, July 27th. Vetr downgraded shares of Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating and set a $104.70 target price for the company. in a research report on Monday, May 1st. Jefferies Group LLC set a $139.00 target price on shares of Anheuser-Busch Inbev SA and gave the stock a “buy” rating in a research report on Saturday, July 29th. BidaskClub downgraded shares of Anheuser-Busch Inbev SA from a “hold” rating to a “sell” rating in a research report on Wednesday, June 14th. Finally, Zacks Investment Research raised shares of Anheuser-Busch Inbev SA from a “strong sell” rating to a “hold” rating in a research report on Monday, April 17th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $128.10.

TRADEMARK VIOLATION NOTICE: “Investors Purchase Large Volume of Call Options on Anheuser-Busch Inbev SA (NYSE:BUD)” was first posted by Daily Political and is the sole property of of Daily Political. If you are accessing this story on another domain, it was illegally copied and reposted in violation of United States & international copyright & trademark law. The legal version of this story can be accessed at https://www.dailypolitical.com/2017/08/05/investors-purchase-large-volume-of-call-options-on-anheuser-busch-inbev-sa-nysebud.html.

Anheuser-Busch Inbev SA Company Profile

Anheuser Busch Inbev NV (AB InBev) is a Belgium-based company engaged in the brewers industry. The Company owns a portfolio of over 200 beer brands. The Company’s brand portfolio includes global brands, such as Budweiser, Corona and Stella Artois; international brands, including Beck’s, Leffe and Hoegaarden, and local champions, such as Bud Light, Skol, Brahma, Antarctica, Quilmes, Victoria, Modelo Especial, Michelob Ultra, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske, Cass and Jupiler.

Receive News & Ratings for Anheuser-Busch Inbev SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anheuser-Busch Inbev SA and related companies with MarketBeat.com's FREE daily email newsletter.