Ambev S.A. (NYSE:ABEV) Shares Purchased by Two Sigma Investments LP

Two Sigma Investments LP increased its holdings in shares of Ambev S.A. (NYSE:ABEV - Free Report) by 202.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,181,359 shares of the company's stock after buying an additional 8,823,911 shares during the period. Two Sigma Investments LP owned about 0.08% of Ambev worth $24,386,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Insight Inv LLC purchased a new stake in Ambev during the 4th quarter worth approximately $25,000. Generation Capital Management LLC purchased a new stake in Ambev during the 4th quarter worth approximately $28,000. Naviter Wealth LLC purchased a new stake in Ambev during the 4th quarter worth approximately $29,000. Exchange Traded Concepts LLC purchased a new stake in Ambev during the 4th quarter worth approximately $30,000. Finally, NewEdge Advisors LLC increased its stake in Ambev by 51.4% during the 4th quarter. NewEdge Advisors LLC now owns 17,084 shares of the company's stock worth $32,000 after buying an additional 5,798 shares during the period. 8.13% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on ABEV shares. UBS Group downgraded shares of Ambev from a "buy" rating to a "neutral" rating in a research report on Tuesday, April 22nd. Morgan Stanley downgraded shares of Ambev from an "equal weight" rating to an "underweight" rating in a research report on Monday, April 7th. Wall Street Zen started coverage on shares of Ambev in a research report on Wednesday, April 23rd. They issued a "buy" rating on the stock. Finally, Barclays increased their price objective on shares of Ambev from $2.00 to $2.50 and gave the company an "equal weight" rating in a research report on Monday, May 12th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $2.70.

Ambev Stock Up 0.2%

Shares of NYSE ABEV traded up $0.01 during mid-day trading on Tuesday, reaching $2.53. The company had a trading volume of 8,781,897 shares, compared to its average volume of 34,326,770. The company has a current ratio of 1.20, a quick ratio of 0.89 and a debt-to-equity ratio of 0.02. The firm has a 50 day simple moving average of $2.41 and a two-hundred day simple moving average of $2.15. The stock has a market cap of $39.79 billion, a P/E ratio of 14.03, a PEG ratio of 5.80 and a beta of 0.80. Ambev S.A. has a 52-week low of $1.76 and a 52-week high of $2.63.

Ambev (NYSE:ABEV - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported $0.04 earnings per share for the quarter, hitting analysts' consensus estimates of $0.04. The firm had revenue of $3.92 billion during the quarter, compared to analysts' expectations of $22.40 billion. Ambev had a net margin of 17.02% and a return on equity of 16.12%. Sell-side analysts predict that Ambev S.A. will post 0.18 earnings per share for the current year.

Ambev Cuts Dividend

The firm also recently declared a -- dividend, which will be paid on Thursday, July 17th. Investors of record on Monday, May 19th will be paid a dividend of $0.0219 per share. This represents a yield of 5%. The ex-dividend date of this dividend is Monday, May 19th. Ambev's dividend payout ratio is currently 68.75%.

Ambev Profile

Ambev SA, through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, carbonated soft drinks, malt and food, other alcoholic beverages, and non-alcoholic and non-carbonated products in Brazil, Central America and Caribbean, Latin America South, and Canada. It offers beer primarily under the Skol, Brahma, Antarctica, Brahva, Budweiser, Bud Light, Beck, Leffe, Hoegaarden, Balboa ICE, Balboa, Atlas Golden Light, Atlas, 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, Bud 66, Banks, Deputy, Patricia, Labatt Blue, Alexander Keith's, and Kokanee brands.