Compania Cervecerias Unidas, S.A. (NYSE:CCU) Given Consensus Recommendation of “Reduce” by Analysts

Shares of Compania Cervecerias Unidas, S.A. (NYSE:CCU) have been assigned an average rating of “Reduce” from the five ratings firms that are covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell rating and three have given a hold rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $12.00.

A number of brokerages recently issued reports on CCU. Weiss Ratings reissued a “hold (c)” rating on shares of Compania Cervecerias Unidas in a research note on Monday, December 29th. JPMorgan Chase & Co. boosted their target price on shares of Compania Cervecerias Unidas from $10.00 to $14.00 and gave the company an “underweight” rating in a research note on Monday, February 2nd. Finally, Zacks Research upgraded shares of Compania Cervecerias Unidas from a “strong sell” rating to a “hold” rating in a report on Monday, February 2nd.

Institutional Trading of Compania Cervecerias Unidas

Several institutional investors and hedge funds have recently modified their holdings of the stock. Rhumbline Advisers boosted its holdings in shares of Compania Cervecerias Unidas by 12.7% in the third quarter. Rhumbline Advisers now owns 7,277 shares of the company’s stock valued at $88,000 after purchasing an additional 822 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of Compania Cervecerias Unidas by 1.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 54,843 shares of the company’s stock worth $700,000 after buying an additional 984 shares during the period. Parallel Advisors LLC grew its position in shares of Compania Cervecerias Unidas by 69.1% during the 4th quarter. Parallel Advisors LLC now owns 2,557 shares of the company’s stock worth $33,000 after buying an additional 1,045 shares in the last quarter. Blue Trust Inc. increased its stake in shares of Compania Cervecerias Unidas by 7.0% during the third quarter. Blue Trust Inc. now owns 27,066 shares of the company’s stock valued at $328,000 after buying an additional 1,771 shares during the period. Finally, Arax Advisory Partners raised its holdings in shares of Compania Cervecerias Unidas by 917.9% in the fourth quarter. Arax Advisory Partners now owns 2,270 shares of the company’s stock valued at $29,000 after acquiring an additional 2,047 shares in the last quarter. Institutional investors own 24.07% of the company’s stock.

Compania Cervecerias Unidas Stock Performance

Shares of NYSE:CCU opened at $12.00 on Friday. The company has a current ratio of 1.90, a quick ratio of 1.38 and a debt-to-equity ratio of 0.67. Compania Cervecerias Unidas has a 12 month low of $11.35 and a 12 month high of $15.75. The company has a market capitalization of $2.22 billion, a price-to-earnings ratio of 17.91, a PEG ratio of 3.68 and a beta of 0.50. The firm’s 50-day moving average is $13.97 and its 200 day moving average is $12.99.

Compania Cervecerias Unidas (NYSE:CCU) last announced its quarterly earnings data on Friday, February 27th. The company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.09). The firm had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $904.78 million. Compania Cervecerias Unidas had a return on equity of 7.20% and a net margin of 4.03%. Research analysts predict that Compania Cervecerias Unidas will post 0.68 EPS for the current year.

Compania Cervecerias Unidas Company Profile

Compañía Cervecerías Unidas SA (NYSE: CCU) is a Chile-based beverages company with operations across Latin America. The company engages in the production, marketing and distribution of beer, soft drinks, wines, mineral water and other non-alcoholic beverages. Through a combination of owned brands and licensing agreements, CCU serves both domestic and export markets with a diversified portfolio designed to meet evolving consumer tastes.

In its beer segment, CCU produces flagship brands such as Cristal, Escudo and Royal Guard, while also brewing international labels under license, including Heineken in select markets.