Signaturefd LLC Has $126,000 Stock Position in Ambev S.A. (NYSE:ABEV)

Signaturefd LLC cut its holdings in Ambev S.A. (NYSE:ABEV) by 15.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 67,902 shares of the company’s stock after selling 12,250 shares during the period. Signaturefd LLC’s holdings in Ambev were worth $126,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in ABEV. IFP Advisors Inc lifted its position in Ambev by 7.5% during the 4th quarter. IFP Advisors Inc now owns 84,868 shares of the company’s stock worth $157,000 after buying an additional 5,900 shares in the last quarter. OneDigital Investment Advisors LLC increased its position in shares of Ambev by 45.1% in the third quarter. OneDigital Investment Advisors LLC now owns 19,227 shares of the company’s stock valued at $47,000 after acquiring an additional 5,979 shares during the last quarter. Mondrian Investment Partners LTD raised its holdings in Ambev by 40.4% during the fourth quarter. Mondrian Investment Partners LTD now owns 20,810 shares of the company’s stock worth $38,000 after acquiring an additional 5,993 shares in the last quarter. Stephens Inc. AR raised its holdings in Ambev by 3.6% during the fourth quarter. Stephens Inc. AR now owns 173,066 shares of the company’s stock worth $320,000 after acquiring an additional 6,078 shares in the last quarter. Finally, Jones Financial Companies Lllp boosted its position in Ambev by 7.8% during the fourth quarter. Jones Financial Companies Lllp now owns 85,142 shares of the company’s stock valued at $158,000 after purchasing an additional 6,164 shares during the last quarter. Institutional investors own 8.13% of the company’s stock.

Ambev Stock Up 0.2 %

NYSE ABEV opened at $2.36 on Monday. Ambev S.A. has a fifty-two week low of $1.76 and a fifty-two week high of $2.56. The business has a fifty day moving average price of $1.98 and a two-hundred day moving average price of $2.12. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.20 and a quick ratio of 0.89. The stock has a market capitalization of $37.10 billion, a PE ratio of 13.08, a PEG ratio of 5.80 and a beta of 0.94.

Ambev (NYSE:ABEV) last announced its quarterly earnings results on Wednesday, February 26th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.01). The company had revenue of $4.63 billion for the quarter, compared to the consensus estimate of $22.42 billion. Ambev had a net margin of 17.02% and a return on equity of 16.12%. Equities analysts expect that Ambev S.A. will post 0.18 earnings per share for the current fiscal year.

Ambev Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Tuesday, March 18th will be given a $0.0221 dividend. This represents a $0.09 annualized dividend and a yield of 3.75%. The ex-dividend date is Tuesday, March 18th. Ambev’s dividend payout ratio (DPR) is currently 52.94%.

Wall Street Analyst Weigh In

ABEV has been the topic of a number of recent analyst reports. Bank of America downgraded shares of Ambev from a “buy” rating to a “neutral” rating in a report on Friday, January 17th. Citigroup restated a “neutral” rating on shares of Ambev in a research note on Wednesday, January 22nd. StockNews.com assumed coverage on shares of Ambev in a research note on Monday, January 27th. They issued a “buy” rating for the company. Finally, Barclays lowered their price target on Ambev from $2.50 to $2.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 21st. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, Ambev has an average rating of “Hold” and a consensus target price of $2.45.

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.