Fielder Capital Group LLC Buys New Shares in Compañía Cervecerías Unidas S.A. (NYSE:CCU)

Fielder Capital Group LLC purchased a new stake in shares of Compañía Cervecerías Unidas S.A. (NYSE:CCU) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,169 shares of the company’s stock, valued at approximately $115,000.

A number of other hedge funds have also recently bought and sold shares of the stock. Wellington Management Group LLP boosted its holdings in shares of Compañía Cervecerías Unidas by 2.2% in the 3rd quarter. Wellington Management Group LLP now owns 1,892,147 shares of the company’s stock valued at $22,006,000 after buying an additional 39,971 shares during the last quarter. Ballentine Partners LLC acquired a new stake in Compañía Cervecerías Unidas in the fourth quarter valued at $116,000. R Squared Ltd bought a new position in shares of Compañía Cervecerías Unidas in the 4th quarter valued at about $126,000. Finally, Stephens Inc. AR grew its position in shares of Compañía Cervecerías Unidas by 23.2% in the 4th quarter. Stephens Inc. AR now owns 21,020 shares of the company’s stock valued at $238,000 after acquiring an additional 3,955 shares during the period. 24.07% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Scotiabank upgraded shares of Compañía Cervecerías Unidas from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 7th. The Goldman Sachs Group decreased their target price on Compañía Cervecerías Unidas from $10.50 to $9.40 and set a “sell” rating on the stock in a report on Tuesday, November 12th. Three equities research analysts have rated the stock with a sell rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $11.03.

Compañía Cervecerías Unidas Stock Performance

Compañía Cervecerías Unidas stock opened at $13.87 on Friday. The stock has a market cap of $2.56 billion, a PE ratio of 18.49, a P/E/G ratio of 2.69 and a beta of 0.90. The company has a quick ratio of 1.44, a current ratio of 2.06 and a debt-to-equity ratio of 0.80. Compañía Cervecerías Unidas S.A. has a 12-month low of $10.00 and a 12-month high of $14.14. The business’s 50-day moving average price is $12.10 and its two-hundred day moving average price is $11.49.

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.