Blue Trust Inc. Has $327,000 Position in Compania Cervecerias Unidas, S.A. $CCU

Blue Trust Inc. raised its stake in Compania Cervecerias Unidas, S.A. (NYSE:CCU) by 4.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 25,295 shares of the company’s stock after purchasing an additional 1,043 shares during the period. Blue Trust Inc.’s holdings in Compania Cervecerias Unidas were worth $327,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of CCU. GAMMA Investing LLC grew its stake in Compania Cervecerias Unidas by 67.1% in the 1st quarter. GAMMA Investing LLC now owns 2,600 shares of the company’s stock valued at $40,000 after buying an additional 1,044 shares during the last quarter. Rhumbline Advisers grew its position in shares of Compania Cervecerias Unidas by 140.6% in the first quarter. Rhumbline Advisers now owns 6,555 shares of the company’s stock valued at $100,000 after purchasing an additional 3,831 shares during the last quarter. Diversified Trust Co acquired a new position in shares of Compania Cervecerias Unidas in the second quarter valued at approximately $155,000. QRG Capital Management Inc. acquired a new position in Compania Cervecerias Unidas in the 1st quarter valued at $165,000. Finally, Fielder Capital Group LLC grew its holdings in Compania Cervecerias Unidas by 24.3% in the 1st quarter. Fielder Capital Group LLC now owns 12,636 shares of the company’s stock valued at $192,000 after buying an additional 2,467 shares in the last quarter. Institutional investors and hedge funds own 24.07% of the company’s stock.

Analyst Ratings Changes

CCU has been the topic of a number of research reports. Weiss Ratings lowered Compania Cervecerias Unidas from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, October 8th. The Goldman Sachs Group decreased their price target on shares of Compania Cervecerias Unidas from $11.50 to $10.00 and set a “sell” rating on the stock in a research note on Thursday, September 11th. One investment analyst has rated the stock with a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Sell” and a consensus target price of $10.00.

Compania Cervecerias Unidas Stock Performance

CCU opened at $11.76 on Tuesday. The firm has a market cap of $2.17 billion, a P/E ratio of 13.84, a price-to-earnings-growth ratio of 1.08 and a beta of 0.73. Compania Cervecerias Unidas, S.A. has a 52-week low of $10.65 and a 52-week high of $15.75. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.43 and a current ratio of 2.14. The business’s fifty day moving average is $12.07 and its 200-day moving average is $13.15.

About Compania Cervecerias Unidas

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.