Compañía Cervecerías Unidas (NYSE:CCU) Rating Increased to Strong-Buy at StockNews.com

Compañía Cervecerías Unidas (NYSE:CCU) was upgraded by investment analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a note issued to investors on Friday.

Compañía Cervecerías Unidas Price Performance

CCU opened at $15.18 on Friday. Compañía Cervecerías Unidas has a 1 year low of $10.00 and a 1 year high of $15.40. 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 capitalization of $2.80 billion, a price-to-earnings ratio of 20.24, a P/E/G ratio of 2.69 and a beta of 0.85. The firm’s fifty day moving average price is $13.05 and its two-hundred day moving average price is $11.82.

Institutional Investors Weigh In On Compañía Cervecerías Unidas

A number of institutional investors have recently added to or reduced their stakes in the company. Two Sigma Advisers LP boosted its stake in shares of Compañía Cervecerías Unidas by 47.2% in the 4th quarter. Two Sigma Advisers LP now owns 18,100 shares of the company’s stock worth $205,000 after buying an additional 5,800 shares during the last quarter. D. E. Shaw & Co. Inc. bought a new stake in Compañía Cervecerías Unidas during the fourth quarter worth $149,000. Banque de Luxembourg S.A. bought a new stake in Compañía Cervecerías Unidas during the fourth quarter worth $63,000. Bank of America Corp DE boosted its position in Compañía Cervecerías Unidas by 28.9% in the fourth quarter. Bank of America Corp DE now owns 242,520 shares of the company’s stock worth $2,748,000 after purchasing an additional 54,372 shares during the last quarter. Finally, BLI Banque de Luxembourg Investments bought a new position in Compañía Cervecerías Unidas in the 4th quarter valued at $7,141,000. 24.07% of the stock is owned by institutional investors.

Compañía Cervecerías Unidas Company 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.