Renaissance Technologies Adds $5M in Ambev S.A. ($ABEV)
Key Points
- Renaissance Technologies changed its Ambev S.A. ($ABEV) stake by 6.5% last quarter, boosting to 27,354,300 shares worth $89.18 million.
- Wall Street's consensus rating on $ABEV is Hold and an average price target of $3.39.
- $ABEV last traded around $3.26.
Renaissance Technologies increased its position in Ambev S.A. ($ABEV) by 6.5% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 27,354,300 shares of Ambev S.A. after buying 1,674,900 shares during the quarter. Renaissance Technologies's holdings in Ambev S.A. were worth $89.18 million as of its most recent filing.
Ambev S.A. ($ABEV) Stock
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Ambev S.A. Dividend
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About Ambev S.A.
Ambev S.A., through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, soft drinks, malt and food, and other beverages in Brazil, Central America and Caribbean, Latin America South, and Canada. The company offers beer, ready-to-drink cocktails and spritzers, soft drinks, water, teas, and isotonic drinks under the Brahma, Skol, Antarctica, Original, Quilmes, Andes Origen, Patricia, Paceha, Huari, Pilsen, Presidente, Balboa, Guaraná Antarctica, and Beats brands. It sells its products to distributors, supermarkets, and retailers within a broad distribution network. The company was founded in 1853 and is headquartered in São Paulo, Brazil. Ambev S.A. operates as a subsidiary of Interbrew International B.V.
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