Compañía Cervecerías Unidas S.A. (NYSE:CCU) Stock Holdings Boosted by First Eagle Investment Management LLC

First Eagle Investment Management LLC lifted its position in shares of Compañía Cervecerías Unidas S.A. (NYSE:CCU) by 1.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 15,970,752 shares of the company’s stock after acquiring an additional 281,295 shares during the period. First Eagle Investment Management LLC owned 8.64% of Compañía Cervecerías Unidas worth $180,949,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Fielder Capital Group LLC bought a new position in Compañía Cervecerías Unidas in the 4th quarter valued at about $115,000. Ballentine Partners LLC bought a new position in Compañía Cervecerías Unidas in the 4th quarter valued at about $116,000. R Squared Ltd bought a new position in Compañía Cervecerías Unidas in the 4th quarter valued at about $126,000. Sage Investment Counsel LLC bought a new position in Compañía Cervecerías Unidas in the 4th quarter valued at about $168,000. Finally, Stephens Inc. AR grew its position in Compañía Cervecerías Unidas by 23.2% in the 4th quarter. Stephens Inc. AR now owns 21,020 shares of the company’s stock valued at $238,000 after buying an additional 3,955 shares in the last quarter. Institutional investors own 24.07% of the company’s stock.

Compañía Cervecerías Unidas Stock Performance

NYSE:CCU opened at $14.65 on Friday. Compañía Cervecerías Unidas S.A. has a twelve month low of $10.00 and a twelve month high of $15.10. The company has a current ratio of 2.06, a quick ratio of 1.44 and a debt-to-equity ratio of 0.80. The company has a 50-day moving average of $12.62 and a 200-day moving average of $11.68. The firm has a market cap of $2.71 billion, a price-to-earnings ratio of 19.54, a price-to-earnings-growth ratio of 2.69 and a beta of 0.85.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Compañía Cervecerías Unidas from a “strong-buy” rating to a “buy” rating in a research report on Thursday. Three investment analysts have rated the stock with a sell rating, one has given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Compañía Cervecerías Unidas presently has an average rating of “Hold” and a consensus price target of $11.03.

Compañía Cervecerías Unidas 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.