25,984 Shares in Compañía Cervecerías Unidas S.A. (NYSE:CCU) Acquired by Glenorchy Capital Ltd

Glenorchy Capital Ltd bought a new position in shares of Compañía Cervecerías Unidas S.A. (NYSE:CCU) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 25,984 shares of the company’s stock, valued at approximately $326,000.

A number of other institutional investors have also made changes to their positions in the business. First Eagle Investment Management LLC increased its holdings in shares of Compañía Cervecerías Unidas by 1.3% during the 3rd quarter. First Eagle Investment Management LLC now owns 15,102,801 shares of the company’s stock worth $190,295,000 after acquiring an additional 193,876 shares during the last quarter. Wellington Management Group LLP increased its holdings in shares of Compañía Cervecerías Unidas by 5.1% during the 3rd quarter. Wellington Management Group LLP now owns 510,194 shares of the company’s stock worth $6,428,000 after acquiring an additional 24,908 shares during the last quarter. Baillie Gifford & Co. increased its holdings in shares of Compañía Cervecerías Unidas by 6.6% during the 4th quarter. Baillie Gifford & Co. now owns 339,096 shares of the company’s stock worth $4,252,000 after acquiring an additional 20,882 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in shares of Compañía Cervecerías Unidas by 33.1% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 160,488 shares of the company’s stock worth $2,022,000 after acquiring an additional 39,945 shares during the last quarter. Finally, Naples Global Advisors LLC boosted its stake in Compañía Cervecerías Unidas by 78.1% in the 4th quarter. Naples Global Advisors LLC now owns 30,095 shares of the company’s stock valued at $377,000 after purchasing an additional 13,200 shares during the period. 24.07% of the stock is owned by institutional investors and hedge funds.

Compañía Cervecerías Unidas Stock Performance

CCU traded down $0.12 during trading on Tuesday, hitting $11.88. The stock had a trading volume of 128,027 shares, compared to its average volume of 165,796. The company has a 50 day moving average price of $11.88 and a 200-day moving average price of $12.05. The firm has a market cap of $2.20 billion, a price-to-earnings ratio of 17.99, a P/E/G ratio of 0.68 and a beta of 0.91. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.33 and a quick ratio of 1.69. Compañía Cervecerías Unidas S.A. has a one year low of $10.82 and a one year high of $17.74.

Compañía Cervecerías Unidas (NYSE:CCU) last released its earnings results on Tuesday, February 27th. The company reported $0.25 earnings per share for the quarter. The firm had revenue of $639.60 million during the quarter. Compañía Cervecerías Unidas had a return on equity of 7.16% and a net margin of 3.98%. As a group, research analysts predict that Compañía Cervecerías Unidas S.A. will post 0.85 EPS for the current year.

Compañía Cervecerías Unidas Cuts Dividend

The business also recently announced a Semi-Annual dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Wednesday, April 24th will be given a dividend of $0.102 per share. The ex-dividend date is Tuesday, April 23rd. This represents a dividend yield of 1.9%. Compañía Cervecerías Unidas’s payout ratio is 18.18%.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Compañía Cervecerías Unidas from a “strong-buy” rating to a “buy” rating in a research note on Friday, March 8th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $13.71.

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.