Dimensional Fund Advisors LP Buys 4,096 Shares of Compania Cervecerias Unidas, S.A. (NYSE:CCU)

Dimensional Fund Advisors LP boosted its stake in shares of Compania Cervecerias Unidas, S.A. (NYSE:CCU) by 0.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 632,115 shares of the company’s stock after buying an additional 4,096 shares during the period. Dimensional Fund Advisors LP owned about 0.34% of Compania Cervecerias Unidas worth $15,888,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Parallel Advisors LLC increased its holdings in shares of Compania Cervecerias Unidas by 11.0% in the 4th quarter. Parallel Advisors LLC now owns 6,522 shares of the company’s stock valued at $163,000 after purchasing an additional 647 shares during the period. Canada Pension Plan Investment Board boosted its position in Compania Cervecerias Unidas by 8.9% during the fourth quarter. Canada Pension Plan Investment Board now owns 9,916 shares of the company’s stock worth $249,000 after purchasing an additional 812 shares during the period. Greenleaf Trust bought a new stake in Compania Cervecerias Unidas during the fourth quarter worth approximately $322,000. Stone Ridge Asset Management LLC bought a new stake in Compania Cervecerias Unidas during the fourth quarter worth approximately $329,000. Finally, Mackenzie Financial Corp boosted its position in Compania Cervecerias Unidas by 13.8% during the fourth quarter. Mackenzie Financial Corp now owns 18,100 shares of the company’s stock worth $455,000 after purchasing an additional 2,200 shares during the period. Institutional investors own 17.27% of the company’s stock.

Shares of CCU traded up $0.60 during mid-day trading on Friday, hitting $28.25. The company’s stock had a trading volume of 356,453 shares, compared to its average volume of 155,265. Compania Cervecerias Unidas, S.A. has a one year low of $24.30 and a one year high of $29.48. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.48 and a quick ratio of 1.48. The firm has a market capitalization of $5.22 billion, a price-to-earnings ratio of 10.62 and a beta of 0.49. The business has a 50-day moving average of $27.06.

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

Separately, Zacks Investment Research raised Compania Cervecerias Unidas from a “hold” rating to a “strong-buy” rating and set a $33.00 target price for the company in a research report on Monday, March 4th.

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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