Stock Traders Purchase High Volume of Anheuser Busch Inbev Call Options (BUD)

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.

Anheuser Busch Inbev (NYSE:BUD) last announced its quarterly earnings results on Thursday, February 28th. The consumer goods maker reported $0.80 EPS for the quarter, missing the Zacks’ consensus estimate of $1.15 by ($0.35). The business had revenue of $14.25 billion for the quarter, compared to the consensus estimate of $14.11 billion. Anheuser Busch Inbev had a net margin of 8.00% and a return on equity of 18.43%. The business’s revenue for the quarter was down 2.4% compared to the same quarter last year. During the same quarter last year, the firm posted $1.04 EPS. Analysts forecast that Anheuser Busch Inbev will post 5.05 EPS for the current year.

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.

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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.

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