According to Zacks, “Compañía Cervecerías Unidas S. A. (CCU) has successfully positioned itself as a Chilean multinational beverage company, with diversified businesses and operations focused on the Southern Cone of South America. CCU is active in the beer industry in Chile, where it operates the country’s leading brewery, and in Argentina, where it holds third place in the market. In the non-alcoholic beverages sector, it is Chile’s second-largest bottler of carbonated beverages and the leader in the mineral water market. It has winemaking operations in Argentina and in Chile. “
Shares of NYSE CCU opened at $27.59 on Monday. The stock has a market cap of $5.02 billion, a P/E ratio of 10.37 and a beta of 0.49. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.48 and a current ratio of 1.48. Compania Cervecerias Unidas has a 12-month low of $24.30 and a 12-month high of $29.48.
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Mawer Investment Management Ltd. raised its holdings in Compania Cervecerias Unidas by 43.3% during the 1st quarter. Mawer Investment Management Ltd. now owns 1,654,592 shares of the company’s stock worth $48,744,000 after purchasing an additional 499,986 shares during the last quarter. FMR LLC increased its stake in Compania Cervecerias Unidas by 9.7% during the 1st quarter. FMR LLC now owns 1,070,669 shares of the company’s stock worth $31,542,000 after purchasing an additional 94,486 shares in the last quarter. Commonwealth Bank of Australia increased its stake in Compania Cervecerias Unidas by 6.7% during the 1st quarter. Commonwealth Bank of Australia now owns 1,043,082 shares of the company’s stock worth $29,932,000 after purchasing an additional 65,195 shares in the last quarter. Massachusetts Financial Services Co. MA bought a new stake in Compania Cervecerias Unidas during the 4th quarter worth approximately $16,516,000. Finally, Dimensional Fund Advisors LP increased its stake in Compania Cervecerias Unidas by 0.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 632,115 shares of the company’s stock worth $15,888,000 after purchasing an additional 4,096 shares in the last quarter. Institutional investors and hedge funds own 17.27% of the company’s stock.
About Compania Cervecerias Unidas
Compañía Cervecerías Unidas SA operates as a beverage company principally in Chile, Argentina, Uruguay, Paraguay, Colombia, and Bolivia. The company operates through Chile, International Business, and Wine segments. 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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