Anheuser Busch Inbev NV (NYSE:BUD) saw some unusual options trading activity on Monday. Stock traders purchased 54,047 call options on the company. This represents an increase of approximately 4,465% compared to the typical daily volume of 1,184 call options.
A number of research firms recently issued reports on BUD. Bank of America upgraded shares of Anheuser Busch Inbev from an “underperform” rating to a “neutral” rating and set a $91.00 target price on the stock in a research report on Friday, April 5th. Jefferies Financial Group downgraded shares of Anheuser Busch Inbev from a “hold” rating to an “underperform” rating and set a $62.00 target price on the stock. in a research report on Wednesday, January 16th. Barclays began coverage on shares of Anheuser Busch Inbev in a research report on Tuesday, April 2nd. They set an “equal weight” rating and a $83.64 target price on the stock. Royal Bank of Canada upgraded shares of Anheuser Busch Inbev from an “outperform” rating to a “top pick” rating in a research report on Tuesday, January 22nd. Finally, Macquarie boosted their target price on shares of Anheuser Busch Inbev from $80.00 to $84.00 and gave the company a “neutral” rating in a research report on Friday, March 1st. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $97.96.
Shares of BUD stock opened at $87.77 on Tuesday. The firm has a market cap of $149.17 billion, a price-to-earnings ratio of 25.51, a price-to-earnings-growth ratio of 1.98 and a beta of 1.17. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.53 and a quick ratio of 0.41. Anheuser Busch Inbev has a 12 month low of $64.54 and a 12 month high of $106.86.
The firm also recently declared a semiannual dividend, which will be paid on Thursday, June 6th. Shareholders of record on Wednesday, May 8th will be paid a dividend of $1.1152 per share. This represents a yield of 2.55%. The ex-dividend date of this dividend is Tuesday, May 7th. This is a positive change from Anheuser Busch Inbev’s previous semiannual dividend of $0.91. Anheuser Busch Inbev’s payout ratio is 39.24%.
A number of hedge funds have recently made changes to their positions in the business. Morgan Stanley increased its stake in Anheuser Busch Inbev by 6.2% during the 3rd quarter. Morgan Stanley now owns 4,729,784 shares of the consumer goods maker’s stock valued at $414,186,000 after purchasing an additional 274,995 shares in the last quarter. Investec Asset Management LTD increased its stake in Anheuser Busch Inbev by 0.6% during the 1st quarter. Investec Asset Management LTD now owns 989,237 shares of the consumer goods maker’s stock valued at $83,066,000 after purchasing an additional 5,946 shares in the last quarter. Beck Mack & Oliver LLC grew its stake in shares of Anheuser Busch Inbev by 3.5% in the 4th quarter. Beck Mack & Oliver LLC now owns 751,805 shares of the consumer goods maker’s stock worth $49,476,000 after acquiring an additional 25,645 shares in the last quarter. Raymond James & Associates grew its stake in shares of Anheuser Busch Inbev by 48.5% in the 1st quarter. Raymond James & Associates now owns 571,543 shares of the consumer goods maker’s stock worth $47,993,000 after acquiring an additional 186,635 shares in the last quarter. Finally, Clarkston Capital Partners LLC grew its stake in shares of Anheuser Busch Inbev by 4.7% in the 1st quarter. Clarkston Capital Partners LLC now owns 536,518 shares of the consumer goods maker’s stock worth $45,051,000 after acquiring an additional 24,203 shares in the last quarter. Institutional investors and hedge funds own 4.37% of the company’s stock.
ILLEGAL ACTIVITY NOTICE: “Stock Traders Purchase High Volume of Anheuser Busch Inbev Call Options (BUD)” was originally posted by Sports Perspectives and is the property of of Sports Perspectives. If you are reading this story on another website, it was illegally stolen and republished in violation of US and international copyright laws. The legal version of this story can be accessed at https://sportsperspectives.com/2019/05/07/stock-traders-purchase-high-volume-of-anheuser-busch-inbev-call-options-bud.html.
About Anheuser Busch Inbev
Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks. The company 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, Cristal, Harbin, Jupiler, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol.
Further Reading: Diversification
Receive News & Ratings for Anheuser Busch Inbev Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anheuser Busch Inbev and related companies with MarketBeat.com's FREE daily email newsletter.