Stokes Family Office LLC Buys New Position in Compañía Cervecerías Unidas S.A. (NYSE:CCU)

Stokes Family Office LLC bought a new stake in shares of Compañía Cervecerías Unidas S.A. (NYSE:CCU) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 17,250 shares of the company’s stock, valued at approximately $195,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Fielder Capital Group LLC bought a new stake in shares of Compañía Cervecerías Unidas during the 4th quarter valued at about $115,000. Ballentine Partners LLC bought a new stake in shares of Compañía Cervecerías Unidas during the 4th quarter valued at about $116,000. R Squared Ltd acquired a new position in Compañía Cervecerías Unidas during the 4th quarter worth approximately $126,000. Sage Investment Counsel LLC acquired a new position in Compañía Cervecerías Unidas during the 4th quarter worth approximately $168,000. Finally, Stephens Inc. AR raised its stake in Compañía Cervecerías Unidas by 23.2% during the 4th quarter. Stephens Inc. AR now owns 21,020 shares of the company’s stock worth $238,000 after buying an additional 3,955 shares during the period. Institutional investors own 24.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Compañía Cervecerías Unidas from a “strong-buy” rating to a “buy” rating in a research note on Thursday, March 13th. Three equities research analysts have rated the stock with a sell rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $11.03.

Compañía Cervecerías Unidas Stock Up 1.9 %

CCU stock opened at $15.37 on Thursday. The stock’s 50 day simple moving average is $12.97 and its 200 day simple moving average is $11.80. Compañía Cervecerías Unidas S.A. has a fifty-two week low of $10.00 and a fifty-two week high of $15.40. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.44 and a current ratio of 2.06. The company has a market cap of $2.84 billion, a P/E ratio of 20.49, a price-to-earnings-growth ratio of 2.69 and a beta of 0.85.

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.