Aviva PLC lowered its position in shares of AMBEV S A/S (NYSE:ABEV) by 9.7% in the 4th quarter, Holdings Channel reports. The fund owned 46,780 shares of the company’s stock after selling 5,000 shares during the period. Aviva PLC’s holdings in AMBEV S A/S were worth $183,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA lifted its holdings in AMBEV S A/S by 6.5% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 73,629,975 shares of the company’s stock worth $288,629,000 after purchasing an additional 4,509,360 shares during the period. 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 valued at $200,178,000 after purchasing an additional 5,025,305 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of AMBEV S A/S by 1.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 25,144,841 shares of the company’s stock valued at $114,969,000 after purchasing an additional 382,815 shares during the period. AKO Capital LLP increased its holdings in shares of AMBEV S A/S by 86.5% in the 4th quarter. AKO Capital LLP now owns 16,833,019 shares of the company’s stock valued at $65,985,000 after purchasing an additional 7,805,336 shares during the period. Finally, FMR LLC increased its holdings in AMBEV S A/S by 7.3% in the third quarter. FMR LLC now owns 13,748,175 shares of the company’s stock worth $62,830,000 after buying an additional 939,275 shares during the last quarter. Institutional investors and hedge funds own 7.00% of the company’s stock.

A number of equities analysts recently commented on ABEV shares. Zacks Investment Research upgraded AMBEV S A/S from a “sell” rating to a “hold” rating in a report on Friday, November 30th. TheStreet upgraded AMBEV S A/S from a “c” rating to a “b-” rating in a report on Friday, February 1st. Santander downgraded AMBEV S A/S from a “buy” rating to a “hold” rating in a report on Tuesday, February 19th. Finally, Itau BBA Securities downgraded 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 assigned a hold rating and one has given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $5.63.

NYSE:ABEV opened at $4.32 on Friday. The company has a market capitalization of $69.33 billion, a P/E ratio of 18.78, a PEG ratio of 2.09 and a beta of 0.66. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.80 and a current ratio of 1.02. AMBEV S A/S has a 52 week low of $3.77 and a 52 week high of $7.35.

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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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