Cwm LLC Has $48,000 Stake in Ambev S.A. (NYSE:ABEV)

Cwm LLC boosted 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 Securities and Exchange Commission (SEC). The institutional investor owned 17,279 shares of the company’s stock after buying 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.

Several other institutional investors and hedge funds have also recently bought and sold shares of ABEV. Baron Wealth Management LLC lifted its holdings in shares of 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 acquiring an additional 3,963 shares during the period. Fifth Third Bancorp raised its position in Ambev by 0.8% in the third quarter. Fifth Third Bancorp now owns 502,445 shares of the company’s stock worth $1,296,000 after purchasing an additional 3,985 shares in the last quarter. Hartford Financial Management Inc. lifted its stake in Ambev by 49.9% during the fourth quarter. Hartford Financial Management Inc. now owns 12,739 shares of the company’s stock worth $36,000 after purchasing an additional 4,238 shares during the period. Rehmann Capital Advisory Group boosted its holdings in Ambev by 37.2% during the third 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 in the last quarter. Finally, Advisors Asset Management Inc. grew its stake in shares of Ambev by 1.0% in 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. Institutional investors own 8.13% of the company’s stock.

Ambev Stock Performance

Shares of NYSE:ABEV opened at $2.34 on Friday. The business has a fifty day moving average of $2.43 and a 200-day moving average of $2.61. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.66 and a current ratio of 0.89. Ambev S.A. has a twelve month low of $2.23 and a twelve month high of $3.23. The firm has a market cap of $36.78 billion, a PE ratio of 12.97, a price-to-earnings-growth ratio of 2.46 and a beta of 1.07.

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

Analyst Ratings Changes

Several research firms recently commented on ABEV. StockNews.com began coverage on Ambev in a research report on Friday, January 26th. They set a “buy” rating for the company. Barclays reduced their target price 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. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Ambev in a 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 company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $3.03.

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.