Ambev S.A. (NYSE:ABEV) Shares Bought by Natixis Advisors L.P.

Natixis Advisors L.P. lifted its position in shares of Ambev S.A. (NYSE:ABEVFree Report) by 13.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,441,746 shares of the company’s stock after acquiring an additional 171,247 shares during the quarter. Natixis Advisors L.P.’s holdings in Ambev were worth $4,036,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Westwood Global Investments LLC boosted its position in Ambev by 3.1% during the third quarter. Westwood Global Investments LLC now owns 107,182,643 shares of the company’s stock worth $276,531,000 after purchasing an additional 3,229,411 shares in the last quarter. Ruffer LLP increased its holdings in Ambev by 2.0% during the 3rd quarter. Ruffer LLP now owns 45,818,515 shares of the company’s stock valued at $117,442,000 after acquiring an additional 888,510 shares in the last quarter. Massachusetts Financial Services Co. MA raised its position in Ambev by 5.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 35,318,227 shares of the company’s stock worth $91,121,000 after acquiring an additional 1,914,467 shares during the last quarter. Seafarer Capital Partners LLC lifted its holdings in shares of Ambev by 5.4% in the fourth quarter. Seafarer Capital Partners LLC now owns 19,399,000 shares of the company’s stock valued at $54,317,000 after purchasing an additional 1,000,000 shares in the last quarter. Finally, Citigroup Inc. grew its position in shares of Ambev by 0.6% in the third quarter. Citigroup Inc. now owns 16,327,692 shares of the company’s stock valued at $42,125,000 after purchasing an additional 89,366 shares during the last quarter. Institutional investors and hedge funds own 8.13% of the company’s stock.

Wall Street Analyst Weigh In

ABEV has been the subject of several research reports. JPMorgan Chase & Co. restated a “neutral” rating on shares of Ambev in a research report on Friday, March 1st. Barclays reduced their price objective on Ambev from $3.00 to $2.50 and set an “equal weight” rating on the stock in a research report on Thursday. Finally, StockNews.com assumed coverage on Ambev in a research report on Friday, January 26th. They set a “buy” rating for the company. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $3.03.

Get Our Latest Stock Report on Ambev

Ambev Trading Down 0.9 %

Shares of ABEV opened at $2.32 on Friday. Ambev S.A. has a fifty-two week low of $2.23 and a fifty-two week high of $3.23. The stock has a fifty day moving average of $2.42 and a two-hundred day moving average of $2.61. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.66 and a current ratio of 0.99. The company has a market capitalization of $36.55 billion, a PE ratio of 12.21, a price-to-earnings-growth ratio of 2.37 and a beta of 1.07.

Ambev (NYSE:ABEVGet Free Report) last released its earnings results on Thursday, February 29th. The company reported $0.06 EPS for the quarter, beating the consensus estimate of $0.05 by $0.01. Ambev had a return on equity of 17.53% and a net margin of 18.25%. The firm had revenue of $4.04 billion during the quarter. As a group, analysts forecast that Ambev S.A. will post 0.19 EPS for the current year.

Ambev Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Ambev (NYSE:ABEV)

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