U.S. Capital Wealth Advisors LLC Buys Shares of 44,915 Ambev S.A. (NYSE:ABEV)

U.S. Capital Wealth Advisors LLC acquired a new stake in Ambev S.A. (NYSE:ABEV) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 44,915 shares of the company’s stock, valued at approximately $126,000.

Other large investors have also made changes to their positions in the company. Baron Wealth Management LLC raised its holdings in Ambev by 11.5% in the 4th quarter. Baron Wealth Management LLC now owns 38,362 shares of the company’s stock valued at $107,000 after acquiring an additional 3,963 shares during the last quarter. Fifth Third Bancorp increased its stake in Ambev by 0.8% in the third quarter. Fifth Third Bancorp now owns 502,445 shares of the company’s stock valued at $1,296,000 after purchasing an additional 3,985 shares during the last quarter. Hartford Financial Management Inc. boosted its stake in Ambev by 49.9% in the 4th quarter. Hartford Financial Management Inc. now owns 12,739 shares of the company’s stock worth $36,000 after buying an additional 4,238 shares during the last quarter. Rehmann Capital Advisory Group boosted its stake in Ambev by 37.2% in the 3rd quarter. Rehmann Capital Advisory Group now owns 16,021 shares of the company’s stock worth $41,000 after buying an additional 4,348 shares during the last quarter. Finally, Advisors Asset Management Inc. increased its stake in shares of Ambev by 1.0% during the 3rd quarter. Advisors Asset Management Inc. now owns 555,024 shares of the company’s stock valued at $1,432,000 after acquiring an additional 5,245 shares during the last quarter. Institutional investors and hedge funds own 8.13% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on ABEV. StockNews.com started coverage on shares of Ambev in a research report on Friday, January 26th. They issued a “buy” rating on the stock. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Ambev in a research report on Friday, March 1st. Finally, Barclays downgraded Ambev from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $3.50 to $3.00 in a research report on Monday, March 4th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, Ambev presently has an average rating of “Moderate Buy” and a consensus price target of $3.20.

Ambev Trading Down 3.3 %

Shares of ABEV opened at $2.38 on Thursday. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.89 and a quick ratio of 0.66. Ambev S.A. has a 12 month low of $2.23 and a 12 month high of $3.23. The stock has a market cap of $37.49 billion, a PE ratio of 13.22, a P/E/G ratio of 2.46 and a beta of 1.07. The stock’s 50-day moving average is $2.43 and its two-hundred day moving average is $2.62.

Ambev (NYSE:ABEV) last released its quarterly earnings results on Thursday, February 29th. The company reported $0.06 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.01. Ambev had a return on equity of 17.60% and a net margin of 18.19%. The firm had revenue of $4.04 billion during the quarter. Equities analysts forecast that Ambev S.A. will post 0.19 earnings per share for the current fiscal year.

About Ambev

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.