Ambev SA (NYSE:ABEV) was the target of unusually large options trading activity on Wednesday. Stock investors purchased 5,000 put options on the stock. This is an increase of 2,400% compared to the typical daily volume of 200 put options.

Ambev stock opened at $7.26 on Thursday. Ambev has a 12 month low of $5.30 and a 12 month high of $7.43. The firm has a market cap of $111,320.81, a price-to-earnings ratio of 30.83 and a beta of 0.64. The company has a quick ratio of 0.71, a current ratio of 0.86 and a debt-to-equity ratio of 0.08.

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The firm also recently disclosed a special dividend, which was paid on Monday, March 5th. Shareholders of record on Friday, February 2nd were paid a $0.0215 dividend. The ex-dividend date of this dividend was Thursday, February 1st. Ambev’s dividend payout ratio (DPR) is 100.01%.

ABEV has been the topic of several research analyst reports. TheStreet raised shares of Ambev from a “c+” rating to a “b” rating in a research note on Monday, March 5th. Zacks Investment Research raised shares of Ambev from a “sell” rating to a “hold” rating in a research note on Tuesday, January 2nd. Finally, UBS raised shares of Ambev from a “market perform” rating to an “outperform” rating in a research note on Friday, February 9th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $7.83.

Institutional investors have recently added to or reduced their stakes in the business. Meitav Dash Investments Ltd. bought a new position in shares of Ambev during the fourth quarter valued at about $197,000. Lake Street Advisors Group LLC bought a new position in shares of Ambev during the fourth quarter valued at about $176,000. Paloma Partners Management Co lifted its position in shares of Ambev by 164.9% during the fourth quarter. Paloma Partners Management Co now owns 68,653 shares of the company’s stock valued at $444,000 after purchasing an additional 42,733 shares in the last quarter. Raymond James & Associates lifted its position in shares of Ambev by 5.8% during the fourth quarter. Raymond James & Associates now owns 795,221 shares of the company’s stock valued at $5,137,000 after purchasing an additional 43,536 shares in the last quarter. Finally, Two Sigma Investments LP lifted its position in shares of Ambev by 66.8% during the fourth quarter. Two Sigma Investments LP now owns 1,246,334 shares of the company’s stock valued at $8,051,000 after purchasing an additional 498,912 shares in the last quarter. 7.20% of the stock is currently owned by hedge funds and other institutional investors.

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Ambev Company Profile

Ambev SA, formerly Inbev Participacoes Societarias SA, is a Brazil-based company engaged in the brewing sector. The Company produces and sells beer, carbonated soft drinks (CSDs) and other non-alcoholic and non-carbonated (NANC) beverages across the Americas. The Company’s activities are divided into three segments: Latin America North, including sell of beer, CSD and NANC drinks in Brazil, as well as operations in Dominican Republic, Saint Vincent, Antigua, Dominica, Guatemala, El Salvador, Nicaragua and Cuba; Latin America South, distributing products in Argentina, Bolivia, Paraguay, Uruguay, Chile, Ecuador, Peru and Colombia, and Canada, represented by Labatt’s operations, which comprises sales in Canada.

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