US Bancorp DE increased its stake in Compania Cervecerias Unidas, S.A. (NYSE:CCU) by 12.0% during the second quarter, Holdings Channel reports. The firm owned 27,024 shares of the company’s stock after buying an additional 2,893 shares during the period. US Bancorp DE’s holdings in Compania Cervecerias Unidas, were worth $709,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Dimensional Fund Advisors LP increased its position in shares of Compania Cervecerias Unidas, by 2.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 357,372 shares of the company’s stock valued at $7,495,000 after buying an additional 7,938 shares during the period. Shell Asset Management Co. increased its position in shares of Compania Cervecerias Unidas, by 2.2% in the first quarter. Shell Asset Management Co. now owns 38,154 shares of the company’s stock valued at $964,000 after buying an additional 804 shares during the period. Global X Management Co. LLC increased its position in shares of Compania Cervecerias Unidas, by 30.9% in the first quarter. Global X Management Co. LLC now owns 92,952 shares of the company’s stock valued at $2,349,000 after buying an additional 21,950 shares during the period. Marathon Asset Management LLP increased its position in shares of Compania Cervecerias Unidas, by 13.0% in the second quarter. Marathon Asset Management LLP now owns 26,980 shares of the company’s stock valued at $708,000 after buying an additional 3,095 shares during the period. Finally, Naples Global Advisors LLC increased its position in shares of Compania Cervecerias Unidas, by 0.9% in the first quarter. Naples Global Advisors LLC now owns 57,755 shares of the company’s stock valued at $1,459,000 after buying an additional 500 shares during the period. Institutional investors and hedge funds own 13.17% of the company’s stock.

Compania Cervecerias Unidas, S.A. (CCU) traded up 0.42% on Friday, reaching $26.37. 210,930 shares of the company’s stock were exchanged. The company has a market cap of $4.87 billion, a price-to-earnings ratio of 25.95 and a beta of 0.33. The stock’s 50 day moving average is $26.39 and its 200 day moving average is $25.29. Compania Cervecerias Unidas, S.A. has a 52 week low of $19.31 and a 52 week high of $27.28.

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A number of research analysts have issued reports on CCU shares. BidaskClub downgraded shares of Compania Cervecerias Unidas, from a “buy” rating to a “hold” rating in a research report on Tuesday, June 13th. Zacks Investment Research downgraded shares of Compania Cervecerias Unidas, from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 13th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $26.17.

About Compania Cervecerias Unidas,

Compania Cervecerias Unidas SA is a diversified beverage company operating principally in Chile, Argentina, Bolivia, Colombia, Paraguay and Uruguay. The Company operates as a brewer, soft drinks producer, water and nectar producer, wine producer and pisco distributor. The Company’s segments include Chile, International Business and Wine.

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Institutional Ownership by Quarter for Compania Cervecerias Unidas, (NYSE:CCU)

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