Parvin Asset Management LLC Takes $44,000 Position in Compañía Cervecerías Unidas S.A. (NYSE:CCU)

Parvin Asset Management LLC purchased a new position in shares of Compañía Cervecerías Unidas S.A. (NYSE:CCU) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 3,875 shares of the company’s stock, valued at approximately $44,000.

Other hedge funds also recently modified their holdings of the company. Fielder Capital Group LLC purchased a new stake in Compañía Cervecerías Unidas in the fourth quarter worth $115,000. Ballentine Partners LLC bought a new position in shares of Compañía Cervecerías Unidas during the 4th quarter worth $116,000. R Squared Ltd bought a new position in shares of Compañía Cervecerías Unidas during the 4th quarter worth $126,000. Aquatic Capital Management LLC increased its holdings in Compañía Cervecerías Unidas by 946.9% in the 4th quarter. Aquatic Capital Management LLC now owns 14,657 shares of the company’s stock worth $166,000 after acquiring an additional 13,257 shares during the last quarter. Finally, Sage Investment Counsel LLC bought a new stake in Compañía Cervecerías Unidas in the 4th quarter valued at about $168,000. Institutional investors own 24.07% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Compañía Cervecerías Unidas from a “buy” rating to a “strong-buy” rating in a research report on Friday, March 21st. Three equities research analysts have rated the stock with a sell rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $11.03.

Compañía Cervecerías Unidas Trading Down 0.9 %

NYSE:CCU opened at $15.24 on Thursday. Compañía Cervecerías Unidas S.A. has a 1 year low of $10.00 and a 1 year high of $15.75. The stock’s fifty day moving average price is $14.77 and its two-hundred day moving average price is $12.71. 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 $2.82 billion, a P/E ratio of 20.32, a P/E/G ratio of 2.69 and a beta of 0.73.

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.