Compañía Cervecerías Unidas S.A. (NYSE:CCU) Holdings Cut by Two Sigma Investments LP

Two Sigma Investments LP lowered its holdings in Compañía Cervecerías Unidas S.A. (NYSE:CCU - Free Report) by 22.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 89,628 shares of the company's stock after selling 26,400 shares during the period. Two Sigma Investments LP's holdings in Compañía Cervecerías Unidas were worth $1,015,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Bennbridge Ltd purchased a new position in Compañía Cervecerías Unidas in the 4th quarter worth approximately $14,120,000. BLI Banque de Luxembourg Investments purchased a new position in Compañía Cervecerías Unidas in the fourth quarter valued at about $7,141,000. First Eagle Investment Management LLC grew its stake in Compañía Cervecerías Unidas by 1.8% during the 4th quarter. First Eagle Investment Management LLC now owns 15,970,752 shares of the company's stock valued at $180,949,000 after purchasing an additional 281,295 shares in the last quarter. Wellington Management Group LLP increased its holdings in Compañía Cervecerías Unidas by 4.6% during the 4th quarter. Wellington Management Group LLP now owns 1,979,465 shares of the company's stock worth $22,427,000 after purchasing an additional 87,318 shares during the last quarter. Finally, Northern Trust Corp boosted its stake in shares of Compañía Cervecerías Unidas by 347.8% during the 4th quarter. Northern Trust Corp now owns 88,180 shares of the company's stock valued at $999,000 after buying an additional 68,490 shares during the last quarter. Institutional investors and hedge funds own 24.07% of the company's stock.

Compañía Cervecerías Unidas Stock Performance

Shares of CCU traded down $0.30 during mid-day trading on Monday, hitting $13.30. The stock had a trading volume of 117,722 shares, compared to its average volume of 188,120. Compañía Cervecerías Unidas S.A. has a fifty-two week low of $10.00 and a fifty-two week high of $15.75. 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 company has a market cap of $2.46 billion, a PE ratio of 17.73, a PEG ratio of 2.69 and a beta of 0.69. The company's fifty day simple moving average is $14.58 and its two-hundred day simple moving average is $13.32.

Analyst Ratings Changes

CCU has been the subject of a number of research analyst reports. Wall Street Zen lowered shares of Compañía Cervecerías Unidas from a "strong-buy" rating to a "buy" rating in a research note on Friday, May 9th. Scotiabank downgraded shares of Compañía Cervecerías Unidas from a "strong-buy" rating to a "hold" rating in a research report on Thursday, May 8th.

Compañía Cervecerías Unidas 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.