Ambev S.A. (NYSE:ABEV) Stake Boosted by Cwm LLC

Cwm LLC grew its holdings in shares of Ambev S.A. (NYSE:ABEV) by 57.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 17,279 shares of the company’s stock after purchasing an additional 6,314 shares during the period. Cwm LLC’s holdings in Ambev were worth $48,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Baron Wealth Management LLC grew its stake in Ambev by 11.5% during the 4th quarter. Baron Wealth Management LLC now owns 38,362 shares of the company’s stock worth $107,000 after buying an additional 3,963 shares during the last quarter. Fifth Third Bancorp grew its position in shares of Ambev by 0.8% during the third quarter. Fifth Third Bancorp now owns 502,445 shares of the company’s stock worth $1,296,000 after acquiring an additional 3,985 shares during the last quarter. Hartford Financial Management Inc. increased its holdings in shares of Ambev by 49.9% in the 4th quarter. Hartford Financial Management Inc. now owns 12,739 shares of the company’s stock worth $36,000 after acquiring an additional 4,238 shares during the period. Rehmann Capital Advisory Group lifted its position in Ambev by 37.2% in the 3rd quarter. Rehmann Capital Advisory Group now owns 16,021 shares of the company’s stock valued at $41,000 after purchasing an additional 4,348 shares during the last quarter. Finally, Advisors Asset Management Inc. boosted its stake in Ambev by 1.0% during the 3rd quarter. Advisors Asset Management Inc. now owns 555,024 shares of the company’s stock valued at $1,432,000 after purchasing an additional 5,245 shares during the period. 8.13% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have commented on ABEV. Barclays dropped their price target on shares of Ambev from $3.00 to $2.50 and set an “equal weight” rating on the stock in a research note on Thursday. StockNews.com assumed coverage on Ambev in a research note on Friday, January 26th. They set a “buy” rating on the stock. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Ambev in a research report on Friday, March 1st. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Ambev currently has an average rating of “Moderate Buy” and a consensus price target of $3.03.

Ambev Price Performance

NYSE ABEV opened at $2.34 on Friday. Ambev S.A. has a 12 month low of $2.23 and a 12 month high of $3.23. The firm has a market capitalization of $36.78 billion, a PE ratio of 12.97, a P/E/G ratio of 2.46 and a beta of 1.07. The company’s 50 day simple moving average is $2.43 and its 200 day simple moving average is $2.61. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.89 and a quick ratio of 0.66.

Ambev (NYSE:ABEV) last issued its quarterly earnings results on Thursday, February 29th. The company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.01. Ambev had a return on equity of 17.60% and a net margin of 18.19%. The firm had revenue of $4.04 billion during the quarter. As a group, equities research analysts forecast that Ambev S.A. will post 0.19 EPS for the current fiscal year.

Ambev Company Profile

Ambev SA, through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, carbonated soft drinks, other non-alcoholic beverages, malt, and food products. It offers beer primarily under the Skol, Brahma, Antarctica, Brahva, Budweiser, Bud Light, Beck, Leffe and Hoegaarden, Bucanero, Cristal, Mayabe, Presidente, Presidente Light, Brahma Light, Bohemia, The One, Corona, Modelo Especial, Stella Artois, Quilmes Clásica, Paceña, Taquiña, Huari, Becker, Cusqueña, Michelob Ultra, Busch, Pilsen, Ouro Fino, Banks, Deputy, Patricia, Labatt Blue, Alexander Keith's, and Kokanee brands.