Capital Fund Management S.A. Boosts Holdings in Compania Cervecerias Unidas, S.A. (CCU)
Capital Fund Management S.A. raised its position in shares of Compania Cervecerias Unidas, S.A. (NYSE:CCU) by 115.3% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 18,300 shares of the company’s stock after acquiring an additional 9,800 shares during the quarter. Capital Fund Management S.A.’s holdings in Compania Cervecerias Unidas were worth $456,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of CCU. Trexquant Investment LP bought a new stake in Compania Cervecerias Unidas during the 1st quarter valued at approximately $287,000. Stevens Capital Management LP boosted its position in Compania Cervecerias Unidas by 27.1% during the 1st quarter. Stevens Capital Management LP now owns 11,862 shares of the company’s stock valued at $349,000 after acquiring an additional 2,527 shares in the last quarter. Dynamic Technology Lab Private Ltd boosted its position in Compania Cervecerias Unidas by 29.4% during the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 15,175 shares of the company’s stock valued at $378,000 after acquiring an additional 3,452 shares in the last quarter. Cubist Systematic Strategies LLC bought a new stake in Compania Cervecerias Unidas during the 1st quarter valued at approximately $421,000. Finally, Barclays PLC boosted its position in Compania Cervecerias Unidas by 46.2% during the 1st quarter. Barclays PLC now owns 15,200 shares of the company’s stock valued at $447,000 after acquiring an additional 4,800 shares in the last quarter. 13.97% of the stock is currently owned by institutional investors and hedge funds.
Shares of CCU opened at $26.59 on Tuesday. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.13. Compania Cervecerias Unidas, S.A. has a 52 week low of $24.37 and a 52 week high of $30.35. The company has a market capitalization of $4.90 billion, a PE ratio of 23.95 and a beta of 0.38.
Separately, HSBC raised Compania Cervecerias Unidas from a “reduce” rating to a “hold” rating in a research report on Thursday, May 31st.
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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