33,692 Shares in Ambev S.A. (NYSE:ABEV) Purchased by Sapient Capital LLC

Sapient Capital LLC acquired a new stake in shares of Ambev S.A. (NYSE:ABEV) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 33,692 shares of the company’s stock, valued at approximately $94,000.

Other hedge funds have also recently modified their holdings of the company. Schroder Investment Management Group raised its stake in shares of Ambev by 49.1% during the 3rd quarter. Schroder Investment Management Group now owns 12,195,474 shares of the company’s stock worth $31,464,000 after buying an additional 4,013,914 shares in the last quarter. Westwood Global Investments LLC lifted its holdings in Ambev by 3.1% in the third quarter. Westwood Global Investments LLC now owns 107,182,643 shares of the company’s stock valued at $276,531,000 after acquiring an additional 3,229,411 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of Ambev by 83.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,802,121 shares of the company’s stock worth $12,389,000 after purchasing an additional 2,188,454 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of Ambev by 5.7% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 35,318,227 shares of the company’s stock valued at $91,121,000 after purchasing an additional 1,914,467 shares in the last quarter. Finally, Seafarer Capital Partners LLC lifted its stake in shares of Ambev by 10.6% in the third quarter. Seafarer Capital Partners LLC now owns 18,399,000 shares of the company’s stock valued at $47,469,000 after purchasing an additional 1,760,000 shares during the period. 8.13% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on ABEV shares. JPMorgan Chase & Co. restated a “neutral” rating on shares of Ambev in a research report on Friday, March 1st. Barclays downgraded Ambev from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $3.50 to $3.00 in a research note on Monday, March 4th. Finally, StockNews.com began coverage on Ambev in a report on Friday, January 26th. They issued a “buy” rating on the stock. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $3.20.

Ambev Stock Down 3.3 %

Shares of NYSE ABEV opened at $2.38 on Thursday. Ambev S.A. has a 1 year low of $2.23 and a 1 year high of $3.23. The firm has a market cap of $37.49 billion, a P/E ratio of 13.22, a price-to-earnings-growth ratio of 2.46 and a beta of 1.07. The firm’s 50 day moving average price is $2.43 and its 200 day moving average price is $2.62. 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 (NYSE:ABEV) last posted its quarterly 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. The company had revenue of $4.04 billion during the quarter. Ambev had a return on equity of 17.60% and a net margin of 18.19%. As a group, sell-side analysts anticipate that Ambev S.A. will post 0.19 earnings per share for the current year.

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.