Cambridge Investment Research Advisors Inc. Sells 10,992 Shares of AMBEV S A/S (ABEV)

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Cambridge Investment Research Advisors Inc. reduced its holdings in shares of AMBEV S A/S (NYSE:ABEV) by 51.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,372 shares of the company’s stock after selling 10,992 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in AMBEV S A/S were worth $41,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in ABEV. BlackRock Inc. increased its holdings in shares of AMBEV S A/S by 13.0% in the 3rd quarter. BlackRock Inc. now owns 43,802,531 shares of the company’s stock worth $200,178,000 after buying an additional 5,025,305 shares during the last quarter. Todd Asset Management LLC bought a new position in shares of AMBEV S A/S in the 3rd quarter worth $2,903,000. LGT Capital Partners LTD. increased its holdings in shares of AMBEV S A/S by 2.8% in the 4th quarter. LGT Capital Partners LTD. now owns 4,848,790 shares of the company’s stock worth $19,007,000 after buying an additional 133,500 shares during the last quarter. Navellier & Associates Inc increased its holdings in shares of AMBEV S A/S by 79.0% in the 4th quarter. Navellier & Associates Inc now owns 9,770 shares of the company’s stock worth $38,000 after buying an additional 4,312 shares during the last quarter. Finally, Great West Life Assurance Co. Can increased its holdings in shares of AMBEV S A/S by 72.6% in the 3rd quarter. Great West Life Assurance Co. Can now owns 401,111 shares of the company’s stock worth $1,831,000 after buying an additional 168,669 shares during the last quarter. Institutional investors own 7.00% of the company’s stock.

A number of equities analysts have recently commented on the stock. TheStreet raised shares of AMBEV S A/S from a “c” rating to a “b-” rating in a report on Friday, February 1st. Santander lowered shares of AMBEV S A/S from a “buy” rating to a “hold” rating in a report on Tuesday, February 19th. Zacks Investment Research lowered shares of AMBEV S A/S from a “buy” rating to a “hold” rating in a report on Friday, February 8th. Finally, Itau BBA Securities lowered shares of AMBEV S A/S from a “market perform” rating to an “underperform” rating in a report on Thursday, February 28th. Four research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $5.63.

Shares of AMBEV S A/S stock opened at $4.29 on Friday. AMBEV S A/S has a 52-week low of $3.77 and a 52-week high of $7.35. The firm has a market capitalization of $69.33 billion, a PE ratio of 18.65, a price-to-earnings-growth ratio of 2.09 and a beta of 0.66. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.02 and a quick ratio of 0.80.

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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 in the Americas. It operates through Latin America North, Latin America South, and Canada segments. The company offers beer primarily under the Skol, Brahma, Antarctic, 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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