200,000 Shares in Ambev S.A. $ABEV Acquired by Maven Securities LTD

Maven Securities LTD bought a new stake in Ambev S.A. (NYSE:ABEV) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 200,000 shares of the company’s stock, valued at approximately $628,000.

A number of other institutional investors also recently added to or reduced their stakes in ABEV. First Trust Advisors LP purchased a new stake in shares of Ambev in the 3rd quarter valued at approximately $25,000. Integrated Wealth Concepts LLC acquired a new stake in shares of Ambev in the 1st quarter valued at $26,000. IHT Wealth Management LLC purchased a new stake in shares of Ambev during the 4th quarter worth $27,000. S Harris Financial Group LLC acquired a new position in shares of Ambev during the fourth quarter worth $28,000. Finally, Royal Palms Capital LLC acquired a new position in shares of Ambev during the fourth quarter worth $29,000. Hedge funds and other institutional investors own 8.13% of the company’s stock.

Insider Activity

In other news, Director Manuel Moreira sold 468,040 shares of the firm’s stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $3.08, for a total value of $1,441,563.20. Following the completion of the sale, the director directly owned 3,000,000 shares of the company’s stock, valued at $9,240,000. This trade represents a 13.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on ABEV shares. Weiss Ratings restated a “hold (c+)” rating on shares of Ambev in a research note on Monday, August 3rd. Scotiabank cut Ambev from a “sector outperform” rating to a “sector perform” rating in a research report on Wednesday, July 15th. UBS Group set a $2.85 price objective on Ambev in a research report on Tuesday, August 11th. Finally, Wall Street Zen downgraded Ambev from a “buy” rating to a “hold” rating in a report on Saturday, August 22nd. Five analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $3.08.

Ambev Trading Up 1.2%

Shares of Ambev stock opened at $3.06 on Wednesday. Ambev S.A. has a 52-week low of $2.10 and a 52-week high of $3.45. The company has a quick ratio of 0.76, a current ratio of 1.02 and a debt-to-equity ratio of 0.02. The company’s 50-day simple moving average is $2.99 and its 200-day simple moving average is $3.05. The firm has a market cap of $48.15 billion, a price-to-earnings ratio of 15.28, a price-to-earnings-growth ratio of 2.20 and a beta of 0.64.

Ambev (NYSE:ABEV) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.04 EPS for the quarter, meeting analysts’ consensus estimates of $0.04. Ambev had a net margin of 18.47% and a return on equity of 17.48%. The firm had revenue of $3.89 billion during the quarter, compared to the consensus estimate of $4.05 billion. As a group, equities research analysts anticipate that Ambev S.A. will post 0.2 earnings per share for the current year.

Ambev Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 11th. Stockholders of record on Wednesday, September 23rd will be paid a dividend of $0.0092 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Wednesday, September 23rd. Ambev’s dividend payout ratio is 10.00%.

About Ambev

Ambev (NYSE: ABEV) is a Brazilian-based beverage company that produces, distributes and markets a broad portfolio of alcoholic and non-alcoholic drinks. The company’s core business centers on brewing and selling beer, alongside a range of soft drinks, bottled water, energy drinks and other malt-based beverages. Headquartered in São Paulo, Ambev operates an integrated value chain that covers manufacturing, packaging, logistics and commercial sales to retail, on-premise and institutional customers.

The company traces its origins to the 1999 merger of two historic Brazilian breweries, and later became part of the broader global brewing group through subsequent industry consolidations.