Shine Investment Advisory Services Inc. Has $74,000 Stake in AMBEV S A/S (NYSE:ABEV)

Shine Investment Advisory Services Inc. increased its stake in shares of AMBEV S A/S (NYSE:ABEV) by 859.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,824 shares of the company’s stock after acquiring an additional 14,174 shares during the period. Shine Investment Advisory Services Inc.’s holdings in AMBEV S A/S were worth $74,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Comerica Securities Inc. grew its position in AMBEV S A/S by 12.8% in the fourth quarter. Comerica Securities Inc. now owns 22,631 shares of the company’s stock valued at $90,000 after purchasing an additional 2,575 shares in the last quarter. MML Investors Services LLC grew its position in AMBEV S A/S by 14.6% in the fourth quarter. MML Investors Services LLC now owns 53,942 shares of the company’s stock valued at $211,000 after purchasing an additional 6,858 shares in the last quarter. First Allied Advisory Services Inc. grew its position in AMBEV S A/S by 21.7% in the fourth quarter. First Allied Advisory Services Inc. now owns 20,057 shares of the company’s stock valued at $78,000 after purchasing an additional 3,582 shares in the last quarter. FMR LLC grew its position in AMBEV S A/S by 55.7% in the fourth quarter. FMR LLC now owns 21,404,746 shares of the company’s stock valued at $83,907,000 after purchasing an additional 7,656,571 shares in the last quarter. Finally, Deutsche Bank AG grew its position in AMBEV S A/S by 85.6% in the fourth quarter. Deutsche Bank AG now owns 3,771,129 shares of the company’s stock valued at $14,781,000 after purchasing an additional 1,739,450 shares in the last quarter. Institutional investors and hedge funds own 7.32% of the company’s stock.

ABEV has been the subject of a number of analyst reports. ValuEngine downgraded shares of AMBEV S A/S from a “buy” rating to a “hold” rating in a research report on Tuesday. JPMorgan Chase & Co. raised shares of AMBEV S A/S from an “underweight” rating to a “neutral” rating and set a $6.00 price objective for the company in a research report on Friday, July 26th. Zacks Investment Research raised shares of AMBEV S A/S from a “sell” rating to a “hold” rating in a research report on Friday, July 26th. TheStreet downgraded shares of AMBEV S A/S from a “b-” rating to a “c+” rating in a research report on Friday, May 17th. Finally, Bank of America raised shares of AMBEV S A/S from an “underperform” rating to a “neutral” rating in a research report on Tuesday, May 21st. Two analysts have rated the stock with a sell rating and five have given a hold rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $5.00.

Shares of ABEV traded down $0.02 during midday trading on Tuesday, reaching $5.07. The stock had a trading volume of 308,780 shares, compared to its average volume of 27,105,644. The company’s 50 day simple moving average is $4.91. AMBEV S A/S has a one year low of $3.77 and a one year high of $5.45. The stock has a market cap of $80.09 billion, a price-to-earnings ratio of 26.79, a PEG ratio of 4.70 and a beta of 0.71. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.93 and a current ratio of 1.21.

AMBEV S A/S (NYSE:ABEV) last announced its quarterly earnings data on Thursday, July 25th. The company reported $0.04 EPS for the quarter, meeting analysts’ consensus estimates of $0.04. AMBEV S A/S had a net margin of 22.15% and a return on equity of 19.48%. The company had revenue of $3.10 billion during the quarter, compared to the consensus estimate of $3.18 billion. As a group, analysts anticipate that AMBEV S A/S will post 0.2 earnings per share for the current fiscal year.

About AMBEV S A/S

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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