Anheuser Busch Inbev NV (NYSE:BUD) was the target of some unusual options trading activity on Friday. Investors bought 7,091 put options on the company. This represents an increase of approximately 645% compared to the average volume of 952 put options.

A number of institutional investors have recently modified their holdings of the stock. Bronfman E.L. Rothschild L.P. boosted its position in shares of Anheuser Busch Inbev NV 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. Vontobel Asset Management Inc. boosted its position in shares of Anheuser Busch Inbev NV by 26.3% in the first quarter. Vontobel Asset Management Inc. now owns 54,258 shares of the consumer goods maker’s stock valued at $5,955,000 after buying an additional 11,310 shares in the last quarter. Fox Run Management L.L.C. purchased a new position in shares of Anheuser Busch Inbev NV during the first quarter valued at approximately $428,000. Morgan Stanley boosted its position in shares of Anheuser Busch Inbev NV by 51.0% in the first quarter. Morgan Stanley now owns 3,892,315 shares of the consumer goods maker’s stock valued at $427,221,000 after buying an additional 1,315,414 shares in the last quarter. Finally, Pecaut & CO. boosted its position in shares of Anheuser Busch Inbev NV by 335.9% in the first quarter. Pecaut & CO. now owns 17,000 shares of the consumer goods maker’s stock valued at $1,866,000 after buying an additional 13,100 shares in the last quarter.

BUD has been the topic of a number of research reports. Jefferies Group LLC reiterated a “buy” rating and issued a $132.00 price target on shares of Anheuser Busch Inbev NV in a research note on Monday, May 15th. Stifel Nicolaus reiterated a “buy” rating and issued a $140.00 price target (up previously from $134.00) on shares of Anheuser Busch Inbev NV in a research note on Friday, June 23rd. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating on shares of Anheuser Busch Inbev NV in a research note on Monday, July 10th. Zacks Investment Research upgraded shares of Anheuser Busch Inbev NV from a “strong sell” rating to a “hold” rating in a research note on Monday, April 17th. Finally, Susquehanna Bancshares Inc reiterated a “hold” rating and issued a $103.00 price target (up previously from $101.00) on shares of Anheuser Busch Inbev NV in a research note on Thursday, May 4th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and eleven have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of $125.81.

Shares of Anheuser Busch Inbev NV (NYSE BUD) opened at 114.49 on Wednesday. The company’s 50 day moving average is $113.79 and its 200 day moving average is $111.13. Anheuser Busch Inbev NV has a 52-week low of $98.28 and a 52-week high of $136.08. The firm has a market cap of $221.39 billion and a price-to-earnings ratio of 83.63.

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About Anheuser Busch Inbev NV

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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