Anheuser-Busch Inbev SA Target of Unusually Large Options Trading (NYSE:BUD)

Anheuser-Busch Inbev SA (NYSE:BUD) was the recipient of unusually large options trading on Wednesday. Traders purchased 446 call options on the stock. This represents an increase of approximately 120% compared to the average volume of 203 call options.

BUD has been the topic of several recent research reports. Berenberg Bank restated a “buy” rating on shares of Anheuser-Busch Inbev SA in a research report on Wednesday, September 13th. Argus started coverage on Anheuser-Busch Inbev SA in a research report on Friday, September 8th. They issued a “buy” rating and a $136.00 price objective on the stock. Jefferies Group LLC set a $139.00 price objective on Anheuser-Busch Inbev SA and gave the stock a “buy” rating in a research report on Saturday, July 29th. Stifel Nicolaus reiterated a “buy” rating on shares of Anheuser-Busch Inbev SA in a research report on Friday, July 28th. Finally, Zacks Investment Research upgraded Anheuser-Busch Inbev SA from a “hold” rating to a “buy” rating and set a $128.00 price objective on the stock in a research report on Wednesday, July 19th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $127.39.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. First Eagle Investment Management LLC bought a new position in shares of Anheuser-Busch Inbev SA during the third quarter valued at about $72,294,000. Turim 21 Investimentos Ltda. bought a new position in shares of Anheuser-Busch Inbev SA during the third quarter valued at about $58,623,000. Renaissance Technologies LLC grew its stake in shares of Anheuser-Busch Inbev SA by 225.6% during the second quarter. Renaissance Technologies LLC now owns 595,500 shares of the consumer goods maker’s stock valued at $65,719,000 after buying an additional 412,600 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of Anheuser-Busch Inbev SA by 12.5% during the second quarter. The Manufacturers Life Insurance Company now owns 3,170,017 shares of the consumer goods maker’s stock valued at $349,844,000 after buying an additional 352,595 shares during the last quarter. Finally, Seatown Holdings Pte. Ltd. bought a new position in shares of Anheuser-Busch Inbev SA during the third quarter valued at about $36,436,000. Institutional investors and hedge funds own 5.56% of the company’s stock.

Shares of Anheuser-Busch Inbev SA (NYSE:BUD) opened at $118.16 on Monday. Anheuser-Busch Inbev SA has a 12-month low of $98.28 and a 12-month high of $126.50. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.71 and a current ratio of 0.82. The firm has a market capitalization of $200,073.47, a PE ratio of 34.45, a price-to-earnings-growth ratio of 1.84 and a beta of 1.07.

Anheuser-Busch Inbev SA (NYSE:BUD) last released its quarterly earnings results on Thursday, October 26th. The consumer goods maker reported $1.31 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.50 by ($0.19). Anheuser-Busch Inbev SA had a net margin of 9.57% and a return on equity of 16.57%. The firm had revenue of $14.74 billion for the quarter, compared to analysts’ expectations of $15 billion. During the same quarter in the previous year, the business earned $0.83 EPS. The company’s revenue for the quarter was up 26.0% on a year-over-year basis. equities research analysts forecast that Anheuser-Busch Inbev SA will post 4.22 EPS for the current fiscal year.

The company also recently declared a semiannual dividend, which will be paid on Thursday, December 7th. Shareholders of record on Wednesday, November 15th will be given a dividend of $1.8534 per share. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a yield of 3.07%. Anheuser-Busch Inbev SA’s payout ratio is 112.87%.

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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.

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