Shares of Compania Cervecerias Unidas (NYSE:CCU) saw strong trading volume on Monday . 111,259 shares were traded during trading, a decline of 12% from the previous session’s volume of 125,801 shares.The stock last traded at $23.00 and had previously closed at $22.94.

Several equities analysts have weighed in on the company. Zacks Investment Research cut Compania Cervecerias Unidas from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 19th. TheStreet upgraded Compania Cervecerias Unidas from a “hold” rating to a “buy” rating in a research note on Monday, June 6th. Finally, Goldman Sachs Group Inc. cut Compania Cervecerias Unidas from a “buy” rating to a “neutral” rating in a research note on Wednesday, April 20th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $25.00.

The company has a 50 day moving average price of $22.72 and a 200-day moving average price of $21.51. The firm has a market cap of $4.23 billion and a P/E ratio of 22.65.

Other institutional investors have added to or reduced their stakes in the company. Dimensional Fund Advisors LP boosted its position in Compania Cervecerias Unidas by 0.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 329,917 shares of the company’s stock worth $7,148,000 after buying an additional 1,900 shares during the last quarter. WBI Investments Inc. acquired a new position in Compania Cervecerias Unidas during the fourth quarter worth $1,462,000. Finally, Russell Frank Co boosted its position in Compania Cervecerias Unidas by 118.2% in the fourth quarter. Russell Frank Co now owns 126,890 shares of the company’s stock worth $2,760,000 after buying an additional 68,727 shares during the last quarter.

Compania Cervecerias Unidas SA is a beverage company. The Company operates as a brewer, soft drinks producer, water and nectar producer, wine producer and pisco distributor. It also participates in the home and office delivery (HOD), rum and confectionery industries in Chile; in the beer, water and soft drinks industries in Uruguay, and in the soft drinks, water and nectar industries and beer distribution in Paraguay and Bolivia.

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