One Wealth Advisors LLC Lowers Position in Ambev S.A. (NYSE:ABEV)

One Wealth Advisors LLC decreased its holdings in Ambev S.A. (NYSE:ABEV) by 49.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 67,303 shares of the company’s stock after selling 65,829 shares during the quarter. One Wealth Advisors LLC’s holdings in Ambev were worth $125,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Caprock Group LLC grew its position in shares of Ambev by 12.4% in the fourth quarter. Caprock Group LLC now owns 65,189 shares of the company’s stock valued at $128,000 after purchasing an additional 7,211 shares during the last quarter. First Affirmative Financial Network increased its position in Ambev by 89.5% during the fourth quarter. First Affirmative Financial Network now owns 45,355 shares of the company’s stock worth $84,000 after buying an additional 21,420 shares in the last quarter. Blue Trust Inc. increased its position in Ambev by 29.3% during the fourth quarter. Blue Trust Inc. now owns 169,664 shares of the company’s stock worth $314,000 after buying an additional 38,417 shares in the last quarter. AlphaMark Advisors LLC lifted its position in shares of Ambev by 78.6% in the fourth quarter. AlphaMark Advisors LLC now owns 46,755 shares of the company’s stock valued at $86,000 after acquiring an additional 20,575 shares in the last quarter. Finally, Insight Inv LLC purchased a new stake in shares of Ambev in the fourth quarter valued at $25,000. Institutional investors and hedge funds own 8.13% of the company’s stock.

Ambev Stock Down 0.3 %

Shares of Ambev stock opened at $1.85 on Tuesday. The business has a 50-day moving average price of $1.97 and a 200 day moving average price of $2.17. Ambev S.A. has a fifty-two week low of $1.76 and a fifty-two week high of $2.72. The firm has a market cap of $29.07 billion, a P/E ratio of 10.25, a P/E/G ratio of 5.59 and a beta of 1.04. The company has a quick ratio of 0.89, a current ratio of 1.20 and a debt-to-equity ratio of 0.02.

Ambev Cuts Dividend

The business also recently declared an annual dividend, which was paid on Thursday, January 9th. Investors of record on Monday, December 23rd were issued a $0.0414 dividend. This represents a dividend yield of 1.93%. The ex-dividend date of this dividend was Monday, December 23rd. Ambev’s dividend payout ratio (DPR) is 38.89%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the stock. StockNews.com began coverage on shares of Ambev in a research report on Monday, January 27th. They issued a “buy” rating for the company. Bank of America cut Ambev from a “buy” rating to a “neutral” rating in a report on Friday, January 17th. Citigroup reiterated a “neutral” rating on shares of Ambev in a research note on Wednesday, January 22nd. Finally, Barclays decreased their price target on Ambev from $2.50 to $2.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 21st. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $2.45.

Ambev Company 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.