Two Sigma Investments LP lessened its holdings in Compañía Cervecerías Unidas S.A. (NYSE:CCU - Free Report) by 22.8% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 89,628 shares of the company's stock after selling 26,400 shares during the quarter. Two Sigma Investments LP's holdings in Compañía Cervecerías Unidas were worth $1,015,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors also recently added to or reduced their stakes in CCU. Parvin Asset Management LLC purchased a new stake in shares of Compañía Cervecerías Unidas in the 4th quarter worth $44,000. Banque de Luxembourg S.A. purchased a new position in Compañía Cervecerías Unidas in the fourth quarter worth $63,000. Fielder Capital Group LLC purchased a new stake in Compañía Cervecerías Unidas in the fourth quarter valued at about $115,000. D. E. Shaw & Co. Inc. purchased a new position in shares of Compañía Cervecerías Unidas in the 4th quarter valued at approximately $149,000. Finally, Aquatic Capital Management LLC grew its holdings in shares of Compañía Cervecerías Unidas by 946.9% during the fourth quarter. Aquatic Capital Management LLC now owns 14,657 shares of the company's stock valued at $166,000 after buying an additional 13,257 shares during the last quarter. Hedge funds and other institutional investors own 24.07% of the company's stock.
Analyst Upgrades and Downgrades
Several equities analysts recently weighed in on CCU shares. Scotiabank downgraded shares of Compañía Cervecerías Unidas from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 8th. Wall Street Zen cut Compañía Cervecerías Unidas from a "strong-buy" rating to a "buy" rating in a report on Friday, May 9th.
View Our Latest Analysis on CCU
Compañía Cervecerías Unidas Price Performance
Shares of NYSE CCU opened at $13.55 on Friday. The stock has a market capitalization of $2.50 billion, a price-to-earnings ratio of 18.07, a price-to-earnings-growth ratio of 2.69 and a beta of 0.74. 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 simple moving average of $14.61 and a 200-day simple moving average of $13.27. The company has a quick ratio of 1.44, a current ratio of 2.06 and a debt-to-equity ratio of 0.80.
Compañía Cervecerías Unidas Company Profile
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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.
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