Mariner LLC raised its position in Compañía Cervecerías Unidas S.A. (NYSE:CCU - Free Report) by 234.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 47,031 shares of the company's stock after buying an additional 32,954 shares during the quarter. Mariner LLC's holdings in Compañía Cervecerías Unidas were worth $533,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also modified their holdings of the company. Fielder Capital Group LLC acquired a new stake in Compañía Cervecerías Unidas during the 4th quarter worth $115,000. Ballentine Partners LLC purchased a new stake in shares of Compañía Cervecerías Unidas in the fourth quarter valued at about $116,000. R Squared Ltd acquired a new stake in shares of Compañía Cervecerías Unidas during the fourth quarter worth about $126,000. Sage Investment Counsel LLC purchased a new position in shares of Compañía Cervecerías Unidas during the fourth quarter worth about $168,000. Finally, Stokes Family Office LLC acquired a new position in Compañía Cervecerías Unidas in the 4th quarter valued at about $195,000. 24.07% of the stock is owned by institutional investors and hedge funds.
Compañía Cervecerías Unidas Trading Down 0.1 %
NYSE CCU opened at $15.20 on Friday. The company has a quick ratio of 1.44, a current ratio of 2.06 and a debt-to-equity ratio of 0.80. The stock has a market capitalization of $2.81 billion, a P/E ratio of 20.27, a P/E/G ratio of 2.69 and a beta of 0.73. Compañía Cervecerías Unidas S.A. has a 52-week low of $10.00 and a 52-week high of $15.75. The firm has a 50-day moving average price of $14.82 and a 200 day moving average price of $12.73.
Analysts Set New Price Targets
Separately, StockNews.com upgraded Compañía Cervecerías Unidas from a "buy" rating to a "strong-buy" rating in a research note on Friday, March 21st. Three equities research analysts have rated the stock with a sell rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $11.03.
Get Our Latest Analysis on Compañía Cervecerías Unidas
Compañía Cervecerías Unidas Profile
(
Free Report)
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.
Further Reading
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