Russell Investments Group Ltd. boosted its holdings in Compania Cervecerias Unidas, S.A. (NYSE:CCU) by 41.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 250,634 shares of the company’s stock after purchasing an additional 74,031 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.14% of Compania Cervecerias Unidas worth $6,966,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Aperio Group LLC raised its position in shares of Compania Cervecerias Unidas by 78.4% during the 3rd quarter. Aperio Group LLC now owns 373,377 shares of the company’s stock worth $10,417,000 after purchasing an additional 164,075 shares during the period. Bank of Montreal Can raised its position in shares of Compania Cervecerias Unidas by 55,384.6% during the 3rd quarter. Bank of Montreal Can now owns 72,130 shares of the company’s stock worth $2,013,000 after purchasing an additional 72,000 shares during the period. Northern Trust Corp raised its position in shares of Compania Cervecerias Unidas by 1.2% during the 2nd quarter. Northern Trust Corp now owns 255,475 shares of the company’s stock worth $6,371,000 after purchasing an additional 3,039 shares during the period. Millennium Management LLC raised its position in shares of Compania Cervecerias Unidas by 33.2% during the 2nd quarter. Millennium Management LLC now owns 641,510 shares of the company’s stock worth $15,999,000 after purchasing an additional 159,884 shares during the period. Finally, Capital Fund Management S.A. raised its position in shares of Compania Cervecerias Unidas by 115.3% during the 2nd quarter. Capital Fund Management S.A. now owns 18,300 shares of the company’s stock worth $456,000 after purchasing an additional 9,800 shares during the period. Hedge funds and other institutional investors own 15.08% of the company’s stock.

Separately, ValuEngine upgraded Compania Cervecerias Unidas from a “hold” rating to a “buy” rating in a research report on Tuesday, October 2nd. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of “Hold”.

Shares of Compania Cervecerias Unidas stock opened at $25.11 on Wednesday. The company has a market cap of $4.63 billion, a PE ratio of 22.62 and a beta of 0.50. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.45 and a current ratio of 1.45. Compania Cervecerias Unidas, S.A. has a twelve month low of $24.30 and a twelve month high of $30.35.

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

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