AMBEV S A/S (NYSE:ABEV) saw a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 22,660,669 shares, a decrease of 17.8% from the February 15th total of 27,558,636 shares. Based on an average daily volume of 26,621,033 shares, the days-to-cover ratio is currently 0.9 days.

Institutional investors have recently made changes to their positions in the stock. Comerica Securities Inc. grew its stake in AMBEV S A/S by 12.8% in the 4th quarter. Comerica Securities Inc. now owns 22,631 shares of the company’s stock valued at $90,000 after purchasing an additional 2,575 shares during the period. First Allied Advisory Services Inc. grew its stake in AMBEV S A/S by 21.7% in the 4th quarter. First Allied Advisory Services Inc. now owns 20,057 shares of the company’s stock valued at $78,000 after purchasing an additional 3,582 shares during the period. Advisor Group Inc. grew its stake in AMBEV S A/S by 4.9% in the 4th quarter. Advisor Group Inc. now owns 80,670 shares of the company’s stock valued at $316,000 after purchasing an additional 3,804 shares during the period. Navellier & Associates Inc grew its stake in AMBEV S A/S by 79.0% in the 4th quarter. Navellier & Associates Inc now owns 9,770 shares of the company’s stock valued at $38,000 after purchasing an additional 4,312 shares during the period. Finally, Flossbach Von Storch AG grew its stake in AMBEV S A/S by 2.9% in the 4th quarter. Flossbach Von Storch AG now owns 180,000 shares of the company’s stock valued at $706,000 after purchasing an additional 5,000 shares during the period. Institutional investors and hedge funds own 7.00% of the company’s stock.

Shares of AMBEV S A/S stock opened at $4.32 on Monday. AMBEV S A/S has a 12-month low of $3.77 and a 12-month high of $7.35. The firm has a market cap of $69.33 billion, a P/E ratio of 18.78, a P/E/G ratio of 2.09 and a beta of 0.66. The company has a quick ratio of 0.80, a current ratio of 1.02 and a debt-to-equity ratio of 0.05.

Several equities research analysts recently issued reports on the company. Zacks Investment Research upgraded AMBEV S A/S from a “sell” rating to a “hold” rating in a report on Monday, December 17th. 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’s stock. The company has a consensus rating of “Hold” and an average price target of $5.63.

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AMBEV S A/S Company Profile

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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