Compania Cervecerias Unidas, S.A. (NYSE:CCU) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $27.73 and traded as high as $29.08. Compania Cervecerias Unidas shares last traded at $29.03, with a volume of 1,156 shares trading hands.

Separately, Zacks Investment Research upgraded Flagstar Bancorp from a “hold” rating to a “buy” rating and set a $38.00 target price for the company in a research note on Monday, July 8th.

The stock’s 50-day simple moving average is $27.73. The company has a market cap of $5.39 billion, a PE ratio of 10.98 and a beta of 0.50. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.48 and a quick ratio of 1.48.

Compania Cervecerias Unidas (NYSE:CCU) last posted its quarterly earnings results on Wednesday, May 8th. The company reported $0.39 earnings per share (EPS) for the quarter. Compania Cervecerias Unidas had a return on equity of 22.99% and a net margin of 17.12%. The business had revenue of $714.33 million for the quarter. Sell-side analysts anticipate that Compania Cervecerias Unidas, S.A. will post 1.35 earnings per share for the current year.

A number of large investors have recently added to or reduced their stakes in CCU. O Shaughnessy Asset Management LLC bought a new stake in shares of Compania Cervecerias Unidas in the 1st quarter valued at about $105,000. Dorsey Wright & Associates acquired a new stake in shares of Compania Cervecerias Unidas during the 1st quarter worth about $4,331,000. BlackRock Inc. boosted its stake in shares of Compania Cervecerias Unidas by 7.3% during the 4th quarter. BlackRock Inc. now owns 280,105 shares of the company’s stock worth $7,039,000 after purchasing an additional 19,062 shares during the last quarter. Stone Ridge Asset Management LLC acquired a new stake in shares of Compania Cervecerias Unidas during the 4th quarter worth about $329,000. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Compania Cervecerias Unidas by 0.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 632,115 shares of the company’s stock worth $15,888,000 after purchasing an additional 4,096 shares during the last quarter. 17.27% of the stock is currently owned by hedge funds and other institutional investors.

About Compania Cervecerias Unidas (NYSE:CCU)

Compañía Cervecerías Unidas SA operates as a beverage company principally in Chile, Argentina, Uruguay, Paraguay, Colombia, and Bolivia. The company operates through Chile, International Business, and Wine segments. 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.

Further Reading: What is intrinsic value?

Receive News & Ratings for Compania Cervecerias Unidas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Compania Cervecerias Unidas and related companies with MarketBeat.com's FREE daily email newsletter.