Compañía Cervecerías Unidas S.A. (NYSE:CCU) Shares Purchased by Stephens Inc. AR

Stephens Inc. AR raised its stake in shares of Compañía Cervecerías Unidas S.A. (NYSE:CCU) by 23.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 21,020 shares of the company’s stock after buying an additional 3,955 shares during the quarter. Stephens Inc. AR’s holdings in Compañía Cervecerías Unidas were worth $238,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in CCU. Blue Trust Inc. boosted its holdings in shares of Compañía Cervecerías Unidas by 75.0% during the third quarter. Blue Trust Inc. now owns 31,899 shares of the company’s stock worth $363,000 after purchasing an additional 13,668 shares during the last quarter. Wellington Management Group LLP boosted its holdings in Compañía Cervecerías Unidas by 2.2% in the third quarter. Wellington Management Group LLP now owns 1,892,147 shares of the company’s stock valued at $22,006,000 after acquiring an additional 39,971 shares during the last quarter. Ballentine Partners LLC acquired a new position in Compañía Cervecerías Unidas in the fourth quarter valued at $116,000. Finally, R Squared Ltd acquired a new position in Compañía Cervecerías Unidas in the fourth quarter valued at $126,000. Institutional investors and hedge funds own 24.07% of the company’s stock.

Compañía Cervecerías Unidas Trading Up 0.4 %

NYSE:CCU opened at $13.01 on Monday. The business’s 50-day moving average is $11.83 and its two-hundred day moving average is $11.36. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.06 and a quick ratio of 1.44. Compañía Cervecerías Unidas S.A. has a 12 month low of $10.00 and a 12 month high of $13.74. The firm has a market capitalization of $2.40 billion, a PE ratio of 17.34, a price-to-earnings-growth ratio of 2.28 and a beta of 0.90.

Wall Street Analysts Forecast Growth

CCU has been the topic of a number of research analyst reports. The Goldman Sachs Group reduced their target price on Compañía Cervecerías Unidas from $10.50 to $9.40 and set a “sell” rating on the stock in a report on Tuesday, November 12th. Scotiabank upgraded Compañía Cervecerías Unidas from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 7th. Three analysts have rated the stock with a sell rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $11.03.

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.