Ambev S.A. (NYSE:ABEV) is at least 38.99% than its current record low price of $3.77. There was a 1.55% gain on 7/26/2019 that led the price to move at $5.24. At a recent session, the prices were hovering between $5.14 and $5.27. This company shares are -0.76% up from its target price of $5.2 and the current market capitalization stands at $82.41B. The recent change has given its price a 13.55% lead over SMA 50 and -1.65% deficit over its 52-week high. The stock witnessed 11.49% gains, 13.42% gains and 15.67% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found ABEV’s volatility during a week at 2.26% and during a month it has been found around 2.44%.

What Does Ambev S.A. (ABEV) Do?

The company describes itself in regulatory filings as, “Ambev SA engages in the production, distribution, and sale of beverages. The company products include beer, carbonated soft drinks, and other non-alcoholic and non-carbonated products. Its operates following segments Latin America North, Latin America South and Canada. The Latin America North segment includes the operations in brazil in two division. The Latin America South segment includes operations in Argentina, Bolivia, Paraguay, Uruguay and Chile. The Canada segment represent Labatt’s operations which include domestic sales in Canada and some export of U.S. market. The company was founded on July 8, 2005 and is headquartered in São Paulo, Brazil.” [Text can be found here: https://www.marketwatch.com/investing/stock/ABEV/profile under company description.]

Ambev S.A. (ABEV) Top Holders

Institutional investors currently hold around $6.08 billion or 7.69% in ABEV stock. Look at its top three institutional owners: Vontobel Asset Management Inc owns $841.09 million in Ambev S.A., which represents roughly 1.02% of the company’s market cap and approximately 13.83% of the institutional ownership. Similar statistics are true for the second largest owner, Harding Loevner Lp, which owns 129,225,093 shares of the stock are valued at $677.14 million. The third largest holder is Jpmorgan Chase & Co, which currently holds $564.31 million worth of this stock and that ownership represents nearly 0.68% of its market capitalization.

Ambev S.A. 13F Filings

At the end of March reporting period, 172 institutional holders increased their position in Ambev S.A. (NYSE:ABEV) by some 185,189,450 shares, 135 decreased positions by 146,395,898 and 47 held positions by 828,739,113. That puts total institutional holdings at 1,160,000,000 shares, according to SEC filings. The stock grabbed 38 new institutional investments totaling 9,630,656 shares while 57 institutional investors sold out their entire positions totaling 33,512,218 shares.

Ambev S.A. (ABEV) Analyst Guide

Several analysts have released their opinion on Ambev S.A. (NYSE:ABEV), with 0 analysts believing it is a strong buy. Whereas 3 of them predict the stock is a hold. Also, there are 3 buy, 0 sell and 1 strong sell ratings, collectively assigning a 2.86 average brokerage recommendation [T1].