Cwm LLC Has $33,000 Holdings in Ambev S.A. (NYSE:ABEV)

Cwm LLC grew its stake in Ambev S.A. (NYSE:ABEVGet Rating) by 98.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,520 shares of the company’s stock after purchasing an additional 5,717 shares during the period. Cwm LLC’s holdings in Ambev were worth $33,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of ABEV. Raymond James & Associates grew its position in Ambev by 37.0% in the 1st quarter. Raymond James & Associates now owns 1,039,250 shares of the company’s stock worth $3,357,000 after purchasing an additional 280,753 shares during the last quarter. Bank of New York Mellon Corp grew its position in Ambev by 7.5% in the 1st quarter. Bank of New York Mellon Corp now owns 3,788,023 shares of the company’s stock worth $12,235,000 after purchasing an additional 264,696 shares during the last quarter. American Century Companies Inc. grew its position in Ambev by 38.7% in the 1st quarter. American Century Companies Inc. now owns 503,973 shares of the company’s stock worth $1,628,000 after purchasing an additional 140,617 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its position in Ambev by 35.3% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 35,172 shares of the company’s stock worth $114,000 after purchasing an additional 9,168 shares during the last quarter. Finally, HighTower Advisors LLC grew its position in Ambev by 3.9% in the 1st quarter. HighTower Advisors LLC now owns 131,259 shares of the company’s stock worth $424,000 after purchasing an additional 4,984 shares during the last quarter. 8.75% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ABEV has been the topic of several research analyst reports. UBS Group upgraded shares of Ambev from a “sell” rating to a “buy” rating in a research report on Thursday, January 12th. TheStreet upgraded shares of Ambev from a “c+” rating to a “b” rating in a research report on Friday, December 9th. Finally, StockNews.com started coverage on shares of Ambev in a research report on Thursday, January 12th. They set a “buy” rating on the stock. Four analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy”.

Ambev Price Performance

Shares of Ambev stock opened at $2.60 on Friday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.83 and a current ratio of 1.19. The firm’s 50-day simple moving average is $2.82 and its 200-day simple moving average is $2.86. Ambev S.A. has a twelve month low of $2.42 and a twelve month high of $3.32. The firm has a market cap of $40.92 billion, a P/E ratio of 16.25, a price-to-earnings-growth ratio of 1.75 and a beta of 1.04.

Ambev (NYSE:ABEVGet Rating) last issued its earnings results on Thursday, October 27th. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.01. Ambev had a net margin of 16.58% and a return on equity of 15.69%. The business had revenue of $3.93 billion for the quarter, compared to analyst estimates of $3.87 billion. As a group, research analysts expect that Ambev S.A. will post 0.15 EPS for the current fiscal year.

Ambev Dividend Announcement

The company also recently declared an annual dividend, which was paid on Monday, January 9th. Investors of record on Wednesday, December 21st were issued a dividend of $0.1457 per share. This represents a yield of 3.8%. The ex-dividend date was Tuesday, December 20th. Ambev’s dividend payout ratio is currently 75.00%.

About Ambev

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Ambev SA, through its subsidiaries, produces, distributes, and sells beer, draft beer, carbonated soft drinks, other non-alcoholic beverages, malt, and food products. The company operates through four segments: Brazil; Central America and the Caribbean; Latin America South; and Canada. It offers beer primarily under the Skol, Brahma, Antarctica, Brahva, Brahva Gold, Extra, Bud Light, Beck, Leffe and Hoegaarden, Bucanero, Cristal, Mayabe, Cacique, Presidente, Brahma Light, Presidente Light, Presidente Golden Light, Bohemia, The One, Corona, Modelo Especial, Stella Artois, and Budweiser, 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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