WINTON GROUP Ltd Increases Position in Compañía Cervecerías Unidas S.A. (NYSE:CCU)

WINTON GROUP Ltd boosted its position in Compañía Cervecerías Unidas S.A. (NYSE:CCUGet Rating) by 65.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,615 shares of the company’s stock after purchasing an additional 8,118 shares during the period. WINTON GROUP Ltd’s holdings in Compañía Cervecerías Unidas were worth $260,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the company. Advisor Group Holdings Inc. purchased a new stake in Compañía Cervecerías Unidas during the first quarter valued at about $26,000. MQS Management LLC increased its position in shares of Compañía Cervecerías Unidas by 16.3% during the second quarter. MQS Management LLC now owns 11,874 shares of the company’s stock valued at $150,000 after acquiring an additional 1,664 shares in the last quarter. Freestone Capital Holdings LLC bought a new stake in shares of Compañía Cervecerías Unidas during the first quarter valued at approximately $161,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in Compañía Cervecerías Unidas in the 1st quarter worth approximately $190,000. Finally, SG Americas Securities LLC purchased a new position in shares of Compañía Cervecerías Unidas during the 2nd quarter worth $212,000. Hedge funds and other institutional investors own 17.89% of the company’s stock.

Compañía Cervecerías Unidas Trading Down 2.0 %

Shares of CCU stock opened at $11.22 on Monday. The stock has a market capitalization of $2.07 billion, a P/E ratio of 11.57 and a beta of 0.76. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.47 and a current ratio of 2.04. Compañía Cervecerías Unidas S.A. has a fifty-two week low of $9.31 and a fifty-two week high of $19.09. The company has a 50 day moving average price of $10.72 and a 200 day moving average price of $11.68.

Analysts Set New Price Targets

A number of analysts have issued reports on the stock. HSBC downgraded shares of Compañía Cervecerías Unidas from a “buy” rating to a “hold” rating and reduced their price target for the company from $15.00 to $13.00 in a report on Monday, November 14th. JPMorgan Chase & Co. raised shares of Compañía Cervecerías Unidas from an “underweight” rating to a “neutral” rating and upped their price target for the stock from $12.00 to $13.00 in a research report on Wednesday, September 28th. Finally, StockNews.com assumed coverage on shares of Compañía Cervecerías Unidas in a research report on Wednesday, October 12th. They set a “buy” rating for the company.

Compañía Cervecerías Unidas Profile

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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.

See Also

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Institutional Ownership by Quarter for Compañía Cervecerías Unidas (NYSE:CCU)

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