Compañía Cervecerías Unidas S.A. (NYSE:CCU) Stock Holdings Boosted by Quadrant Capital Group LLC

Quadrant Capital Group LLC lifted its position in Compañía Cervecerías Unidas S.A. (NYSE:CCU) by 16.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 24,065 shares of the company’s stock after buying an additional 3,470 shares during the period. Quadrant Capital Group LLC’s holdings in Compañía Cervecerías Unidas were worth $273,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. First Eagle Investment Management LLC raised its position in Compañía Cervecerías Unidas by 1.8% in the fourth quarter. First Eagle Investment Management LLC now owns 15,970,752 shares of the company’s stock worth $180,949,000 after acquiring an additional 281,295 shares in the last quarter. Wellington Management Group LLP raised its holdings in shares of Compañía Cervecerías Unidas by 4.6% in the 4th quarter. Wellington Management Group LLP now owns 1,979,465 shares of the company’s stock worth $22,427,000 after purchasing an additional 87,318 shares in the last quarter. Bennbridge Ltd acquired a new stake in Compañía Cervecerías Unidas during the fourth quarter valued at approximately $14,120,000. Envestnet Asset Management Inc. boosted its holdings in Compañía Cervecerías Unidas by 21.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 57,703 shares of the company’s stock worth $654,000 after buying an additional 10,158 shares in the last quarter. Finally, Catalyst Funds Management Pty Ltd acquired a new position in Compañía Cervecerías Unidas in the fourth quarter worth approximately $594,000. Institutional investors and hedge funds own 24.07% of the company’s stock.

Compañía Cervecerías Unidas Stock Performance

Compañía Cervecerías Unidas stock opened at $13.48 on Wednesday. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.06 and a quick ratio of 1.44. The company has a market cap of $2.49 billion, a P/E ratio of 17.97, a price-to-earnings-growth ratio of 2.69 and a beta of 0.73. Compañía Cervecerías Unidas S.A. has a fifty-two week low of $10.00 and a fifty-two week high of $15.67. The firm’s 50 day simple moving average is $13.93 and its 200-day simple moving average is $12.27.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Compañía Cervecerías Unidas from a “buy” rating to a “strong-buy” rating in a research note on Friday, March 21st. Three investment analysts have rated the stock with a sell rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $11.03.

About Compañía Cervecerías Unidas

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.