Anheuser-Busch Inbev SA (NYSE:BUD) was the target of some unusual options trading activity on Wednesday. Traders bought 446 call options on the company. This is an increase of approximately 120% compared to the average volume of 203 call options.

A number of institutional investors have recently made changes to their positions in BUD. Cacti Asset Management LLC raised its position in shares of Anheuser-Busch Inbev SA by 16.6% in the first quarter. Cacti Asset Management LLC now owns 227,815 shares of the consumer goods maker’s stock valued at $25,119,000 after buying an additional 32,415 shares in the last quarter. Raymond James Trust N.A. raised its position in shares of Anheuser-Busch Inbev SA by 1.0% in the first quarter. Raymond James Trust N.A. now owns 7,536 shares of the consumer goods maker’s stock valued at $827,000 after buying an additional 73 shares in the last quarter. Douglass Winthrop Advisors LLC raised its position in shares of Anheuser-Busch Inbev SA by 33.8% in the first quarter. Douglass Winthrop Advisors LLC now owns 317,096 shares of the consumer goods maker’s stock valued at $34,804,000 after buying an additional 80,177 shares in the last quarter. Lawson Kroeker Investment Management Inc. NE raised its position in shares of Anheuser-Busch Inbev SA by 1.3% in the first quarter. Lawson Kroeker Investment Management Inc. NE now owns 93,680 shares of the consumer goods maker’s stock valued at $10,282,000 after buying an additional 1,215 shares in the last quarter. Finally, Chesley Taft & Associates LLC raised its position in shares of Anheuser-Busch Inbev SA by 194.0% in the first quarter. Chesley Taft & Associates LLC now owns 22,885 shares of the consumer goods maker’s stock valued at $2,512,000 after buying an additional 15,100 shares in the last quarter. Institutional investors own 5.27% of the company’s stock.

A number of research analysts have commented on the stock. Zacks Investment Research raised shares of Anheuser-Busch Inbev SA from a “sell” rating to a “hold” rating in a research report on Thursday, June 29th. Goldman Sachs Group, Inc. (The) reissued a “buy” rating on shares of Anheuser-Busch Inbev SA in a research report on Monday, July 10th. Stifel Nicolaus reissued a “buy” rating and set a $140.00 target price (up previously from $134.00) on shares of Anheuser-Busch Inbev SA in a research report on Friday, June 23rd. Jefferies Group LLC reissued a “buy” rating on shares of Anheuser-Busch Inbev SA in a research report on Monday, July 10th. Finally, Susquehanna Bancshares Inc reissued a “hold” rating and set a $103.00 target price (up previously from $101.00) on shares of Anheuser-Busch Inbev SA in a research report on Thursday, May 4th. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have given a buy rating to the company’s stock. Anheuser-Busch Inbev SA currently has a consensus rating of “Hold” and a consensus price target of $123.96.

Shares of Anheuser-Busch Inbev SA (NYSE BUD) opened at 114.74 on Friday. The firm has a market capitalization of $221.87 billion, a PE ratio of 83.81 and a beta of 1.06. Anheuser-Busch Inbev SA has a 1-year low of $98.28 and a 1-year high of $136.08. The company has a 50-day moving average of $113.70 and a 200-day moving average of $111.18.

WARNING: “Investors Purchase High Volume of Call Options on Anheuser-Busch Inbev SA (NYSE:BUD)” was published by American Banking News and is the sole property of of American Banking News. If you are viewing this article on another website, it was illegally stolen and reposted in violation of US & international copyright law. The legal version of this article can be viewed at https://www.americanbankingnews.com/2017/07/22/investors-purchase-high-volume-of-call-options-on-anheuser-busch-inbev-sa-nysebud.html.

About Anheuser-Busch Inbev SA

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.

Receive News & Ratings for Anheuser-Busch Inbev SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anheuser-Busch Inbev SA and related companies with MarketBeat.com's FREE daily email newsletter.