Fielder Capital Group LLC Makes New $115,000 Investment in Compañía Cervecerías Unidas S.A. (NYSE:CCU)

Fielder Capital Group LLC acquired a new position in shares of Compañía Cervecerías Unidas S.A. (NYSE:CCU) during the fourth quarter, Holdings Channel reports. The fund acquired 10,169 shares of the company’s stock, valued at approximately $115,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Ballentine Partners LLC acquired a new position in shares of Compañía Cervecerías Unidas during the fourth quarter worth approximately $116,000. R Squared Ltd acquired a new position in Compañía Cervecerías Unidas during the fourth quarter worth $126,000. Stephens Inc. AR lifted its stake in shares of Compañía Cervecerías Unidas by 23.2% in the fourth quarter. Stephens Inc. AR now owns 21,020 shares of the company’s stock valued at $238,000 after buying an additional 3,955 shares in the last quarter. Finally, Wellington Management Group LLP increased its position in shares of Compañía Cervecerías Unidas by 2.2% during the third quarter. Wellington Management Group LLP now owns 1,892,147 shares of the company’s stock worth $22,006,000 after acquiring an additional 39,971 shares in the last quarter. Institutional investors own 24.07% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. The Goldman Sachs Group cut their price target on Compañía Cervecerías Unidas from $10.50 to $9.40 and set a “sell” rating for the company in a research note on Tuesday, November 12th. Scotiabank upgraded Compañía Cervecerías Unidas from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 7th. Three 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. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $11.03.

Compañía Cervecerías Unidas Trading Up 0.5 %

NYSE:CCU opened at $13.87 on Friday. Compañía Cervecerías Unidas S.A. has a 52 week low of $10.00 and a 52 week high of $14.14. The firm has a 50-day moving average price of $12.10 and a two-hundred day moving average price of $11.49. The firm has a market cap of $2.56 billion, a price-to-earnings ratio of 18.49, a price-to-earnings-growth ratio of 2.69 and a beta of 0.90. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.44 and a current ratio of 2.06.

Compañía Cervecerías Unidas Company 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.