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Anheuser-Busch InBev SA/NV Sees Unusually High Options Volume (NYSE:BUD)

Defense World ·  Feb 2, 2023 01:22

Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Rating) was the recipient of some unusual options trading on Wednesday. Stock investors bought 8,068 put options on the company. This is an increase of approximately 257% compared to the typical daily volume of 2,257 put options.

Hedge Funds Weigh In On Anheuser-Busch InBev SA/NV

A number of institutional investors have recently added to or reduced their stakes in the business. CAPROCK Group Inc. increased its stake in Anheuser-Busch InBev SA/NV by 2.2% in the 2nd quarter. CAPROCK Group Inc. now owns 8,993 shares of the consumer goods maker's stock worth $485,000 after acquiring an additional 192 shares during the last quarter. Keystone Financial Group increased its stake in Anheuser-Busch InBev SA/NV by 2.3% in the 2nd quarter. Keystone Financial Group now owns 9,054 shares of the consumer goods maker's stock worth $488,000 after acquiring an additional 200 shares during the last quarter. Tyler Stone Wealth Management increased its stake in Anheuser-Busch InBev SA/NV by 7.1% in the 2nd quarter. Tyler Stone Wealth Management now owns 3,000 shares of the consumer goods maker's stock worth $162,000 after acquiring an additional 200 shares during the last quarter. MUFG Americas Holdings Corp increased its stake in Anheuser-Busch InBev SA/NV by 6.1% in the 3rd quarter. MUFG Americas Holdings Corp now owns 3,527 shares of the consumer goods maker's stock worth $159,000 after acquiring an additional 202 shares during the last quarter. Finally, CWM LLC increased its stake in Anheuser-Busch InBev SA/NV by 5.9% in the 2nd quarter. CWM LLC now owns 3,657 shares of the consumer goods maker's stock worth $197,000 after acquiring an additional 205 shares during the last quarter. 5.53% of the stock is currently owned by institutional investors.

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Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD opened at $60.27 on Thursday. The stock's 50-day simple moving average is $59.74 and its 200 day simple moving average is $53.79. The stock has a market capitalization of $119.33 billion, a price-to-earnings ratio of 23.74, a price-to-earnings-growth ratio of 1.86 and a beta of 1.23. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.47 and a current ratio of 0.67. Anheuser-Busch InBev SA/NV has a 52-week low of $44.51 and a 52-week high of $66.05.

Analyst Upgrades and Downgrades

BUD has been the topic of a number of recent research reports. UBS Group cut Anheuser-Busch InBev SA/NV from a "neutral" rating to a "sell" rating in a research report on Thursday, January 12th. Royal Bank of Canada upped their price target on Anheuser-Busch InBev SA/NV from €64.00 ($69.57) to €70.00 ($76.09) in a research report on Wednesday, October 5th. Morgan Stanley dropped their price target on Anheuser-Busch InBev SA/NV from €54.00 ($58.70) to €52.00 ($56.52) and set an "equal weight" rating on the stock in a research report on Tuesday, October 11th. Barclays dropped their price target on Anheuser-Busch InBev SA/NV from €78.00 ($84.78) to €74.00 ($80.43) and set an "overweight" rating on the stock in a research report on Monday, October 10th. Finally, Deutsche Bank Aktiengesellschaft cut Anheuser-Busch InBev SA/NV from a "buy" rating to a "hold" rating in a research report on Thursday, January 12th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $64.70.

About Anheuser-Busch InBev SA/NV

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Anheuser-Busch InBev SA/NV operates as a holding company, which engages in the manufacture and distribution of alcoholic and non-alcoholic beverages. It operates through the following geographical segments: North America, Middle Americas, South America, EMEA, Asia Pacific, and Global Export and Holding Companies.

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