Compañía Cervecerías Unidas S.A. (NYSE:CCU) Shares Acquired by Wellington Management Group LLP

Wellington Management Group LLP boosted its stake in shares of Compañía Cervecerías Unidas S.A. (NYSE:CCU) by 3.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 530,075 shares of the company’s stock after purchasing an additional 19,881 shares during the quarter. Wellington Management Group LLP owned approximately 0.29% of Compañía Cervecerías Unidas worth $6,647,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Signaturefd LLC lifted its stake in Compañía Cervecerías Unidas by 42.4% in the fourth quarter. Signaturefd LLC now owns 3,494 shares of the company’s stock valued at $44,000 after buying an additional 1,040 shares during the last quarter. Tower Research Capital LLC TRC lifted its position in Compañía Cervecerías Unidas by 43,091.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 5,183 shares of the company’s stock valued at $65,000 after purchasing an additional 5,171 shares during the last quarter. Blue Trust Inc. boosted its stake in Compañía Cervecerías Unidas by 29.9% during the 4th quarter. Blue Trust Inc. now owns 13,416 shares of the company’s stock valued at $169,000 after purchasing an additional 3,089 shares during the period. D.A. Davidson & CO. bought a new position in Compañía Cervecerías Unidas in the 4th quarter worth about $209,000. Finally, Quadrant Capital Group LLC increased its stake in shares of Compañía Cervecerías Unidas by 20.8% in the fourth quarter. Quadrant Capital Group LLC now owns 17,710 shares of the company’s stock valued at $222,000 after purchasing an additional 3,048 shares during the period. 24.07% of the stock is currently owned by institutional investors.

Compañía Cervecerías Unidas Trading Down 0.3 %

NYSE CCU opened at $11.38 on Friday. Compañía Cervecerías Unidas S.A. has a 12 month low of $10.82 and a 12 month high of $17.74. The company’s 50 day simple moving average is $12.36 and its 200 day simple moving average is $12.22. The company has a current ratio of 2.48, a quick ratio of 1.81 and a debt-to-equity ratio of 0.87.

Compañía Cervecerías Unidas (NYSE:CCU) last issued its quarterly earnings results on Wednesday, May 8th. The company reported $0.30 earnings per share (EPS) for the quarter. Compañía Cervecerías Unidas had a return on equity of 6.31% and a net margin of 3.61%. The company had revenue of $796.75 million for the quarter. During the same quarter last year, the business posted $0.38 earnings per share. On average, analysts anticipate that Compañía Cervecerías Unidas S.A. will post 0.81 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on CCU shares. StockNews.com lowered Compañía Cervecerías Unidas from a “strong-buy” rating to a “buy” rating in a report on Friday, March 8th. Bank of America cut Compañía Cervecerías Unidas from a “neutral” rating to an “underperform” rating and increased their price target for the stock from $12.60 to $13.70 in a research note on Thursday, May 23rd. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $14.21.

Compañía Cervecerías Unidas Company Profile

Compañía Cervecerías Unidas SA operates as a beverage company in Chile, Argentina, Bolivia, Colombia, Paraguay, and Uruguay. The company operates through three segments: Chile, International Business, and Wine. It produces and sells alcoholic and non-alcoholic beer under proprietary and licensed brands, as well as distributes Pernod Ricard products in non-supermarket retail stores.