AmbevABEV
Market Cap: $36.7B
About: Ambev is the largest brewer in Latin America and the Caribbean and is Anheuser-Busch InBev's subsidiary in the region. It produces, distributes, and sells beer and PepsiCo products in Brazil and other Latin American countries and owns Argentina's largest brewer, Quinsa. Ambev was formed in 1999 through the merger of Brazil's two largest beverage companies, Brahma and Antarctica. In 2004, Ambev combined with Canadian brewer Labatt, giving Interbrew (now AB InBev) a controlling interest of 61.8% as at the end of 2023.
Employees: 42,774
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
25% more funds holding in top 10
Funds holding in top 10: 4 [Q1] → 5 (+1) [Q2]
20% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 41
10% more repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 115
2% more funds holding
Funds holding: 341 [Q1] → 349 (+8) [Q2]
0.24% less ownership
Funds ownership: 8.09% [Q1] → 7.84% (-0.24%) [Q2]
20% less capital invested
Capital invested by funds: $3.16B [Q1] → $2.53B (-$625M) [Q2]
85% less call options, than puts
Call options by funds: $596K | Put options by funds: $3.97M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
UBS | 24%upside $2.90 | Buy Maintained | 31 Jul 2024 |