AMBEV S A/S (NYSE:ABEV) Position Decreased by Brinker Capital Inc.

Brinker Capital Inc. reduced its position in AMBEV S A/S (NYSE:ABEV) by 28.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 45,938 shares of the company’s stock after selling 18,565 shares during the quarter. Brinker Capital Inc.’s holdings in AMBEV S A/S were worth $181,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Barclays PLC increased its position in AMBEV S A/S by 249.9% in the fourth quarter. Barclays PLC now owns 260,040 shares of the company’s stock worth $1,020,000 after purchasing an additional 185,718 shares during the period. Avalon Advisors LLC increased its position in AMBEV S A/S by 58.3% in the fourth quarter. Avalon Advisors LLC now owns 388,921 shares of the company’s stock worth $1,525,000 after purchasing an additional 143,181 shares during the period. Kiwi Wealth Investments Limited Partnership acquired a new stake in AMBEV S A/S in the fourth quarter worth about $1,761,000. Brown Advisory Inc. increased its position in AMBEV S A/S by 17.7% in the fourth quarter. Brown Advisory Inc. now owns 3,060,545 shares of the company’s stock worth $11,997,000 after purchasing an additional 459,646 shares during the period. Finally, Commonwealth Bank of Australia increased its position in AMBEV S A/S by 13.6% in the fourth quarter. Commonwealth Bank of Australia now owns 2,162,025 shares of the company’s stock worth $8,472,000 after purchasing an additional 259,100 shares during the period. 7.01% of the stock is owned by institutional investors.

Shares of AMBEV S A/S stock traded up $0.02 during trading on Friday, hitting $4.36. 24,783,952 shares of the company were exchanged, compared to its average volume of 27,158,106. The firm has a market capitalization of $68.54 billion, a P/E ratio of 22.95, a PEG ratio of 2.81 and a beta of 0.65. AMBEV S A/S has a 1-year low of $3.77 and a 1-year high of $6.89. The company has a current ratio of 1.02, a quick ratio of 0.80 and a debt-to-equity ratio of 0.05.

A number of analysts recently commented on ABEV shares. Zacks Investment Research lowered AMBEV S A/S from a “hold” rating to a “sell” rating in a research report on Monday, December 24th. TheStreet upgraded AMBEV S A/S from a “c” rating to a “b-” rating in a research report on Friday, February 1st. Itau BBA Securities lowered AMBEV S A/S from a “market perform” rating to an “underperform” rating in a research report on Thursday, February 28th. Finally, Santander lowered AMBEV S A/S from a “buy” rating to a “hold” rating in a research report on Tuesday, February 19th. Four analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $5.63.

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AMBEV S A/S Profile

Ambev SA, through its subsidiaries, produces, distributes, and sells beer, draft beer, carbonated soft drinks (CSD), other non-alcoholic beverages, malt, and food products in the Americas. It operates through three segments: Latin America North, Latin America South, and Canada. The company offers beer primarily under the Skol, Brahma, Antarctica, Brahva, Brahva Gold, Extra, Budweiser, Bud Light, Stella Artois, Corona, Modelo Especial, Beck, Leffe, Hoegaarden, Presidente, Brahma Light, President Light, Bohemia, The One, Quilmes Clásica, Paceña, Taquiña, Huari, Becker, Báltica, Ouro Fino, Pilsen, Patricia, Labatt Blue, Alexander Keith's, Kokanee, Banks, and Deputy brands.

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Institutional Ownership by Quarter for AMBEV S A/S (NYSE:ABEV)

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