Signaturefd LLC Increases Position in Compania Cervecerias Unidas, S.A. (NYSE:CCU)

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Signaturefd LLC boosted its stake in Compania Cervecerias Unidas, S.A. (NYSE:CCU) by 29.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,374 shares of the company’s stock after acquiring an additional 763 shares during the period. Signaturefd LLC’s holdings in Compania Cervecerias Unidas were worth $95,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. O Shaughnessy Asset Management LLC purchased a new stake in shares of Compania Cervecerias Unidas in the first quarter valued at about $105,000. BNP Paribas Arbitrage SA purchased a new stake in shares of Compania Cervecerias Unidas in the first quarter valued at about $141,000. Parallel Advisors LLC raised its holdings in shares of Compania Cervecerias Unidas by 21.6% in the first quarter. Parallel Advisors LLC now owns 7,933 shares of the company’s stock valued at $234,000 after buying an additional 1,411 shares during the last quarter. AJO LP purchased a new stake in shares of Compania Cervecerias Unidas in the first quarter valued at about $363,000. Finally, Hexavest Inc. raised its holdings in shares of Compania Cervecerias Unidas by 236.3% in the second quarter. Hexavest Inc. now owns 16,877 shares of the company’s stock valued at $477,000 after buying an additional 11,858 shares during the last quarter. 17.25% of the stock is owned by hedge funds and other institutional investors.

Shares of NYSE:CCU traded up $0.05 on Friday, reaching $23.42. The company’s stock had a trading volume of 310,905 shares, compared to its average volume of 419,536. The stock’s 50-day moving average is $25.31 and its two-hundred day moving average is $27.28. Compania Cervecerias Unidas, S.A. has a 52-week low of $21.72 and a 52-week high of $29.48. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.77 and a quick ratio of 1.77. The stock has a market capitalization of $4.32 billion, a P/E ratio of 8.80 and a beta of 0.59.

Compania Cervecerias Unidas (NYSE:CCU) last issued its quarterly earnings results on Wednesday, August 7th. The company reported $0.14 earnings per share (EPS) for the quarter. Compania Cervecerias Unidas had a net margin of 8.64% and a return on equity of 11.29%. The business had revenue of $552.46 million for the quarter. Equities analysts forecast that Compania Cervecerias Unidas, S.A. will post 1.23 earnings per share for the current fiscal year.

CCU has been the subject of a number of research reports. ValuEngine cut shares of Compania Cervecerias Unidas from a “hold” rating to a “sell” rating in a report on Wednesday. TheStreet cut shares of Compania Cervecerias Unidas from a “b” rating to a “c+” rating in a report on Wednesday, August 28th. Finally, Zacks Investment Research cut shares of Compania Cervecerias Unidas from a “hold” rating to a “sell” rating in a report on Friday, August 9th.

Compania Cervecerias Unidas Company Profile

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.

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Institutional Ownership by Quarter for Compania Cervecerias Unidas (NYSE:CCU)

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