Dimensional Fund Advisors LP Sells 8,527 Shares of Compañía Cervecerías Unidas S.A. (NYSE:CCU)

Dimensional Fund Advisors LP decreased its position in shares of Compañía Cervecerías Unidas S.A. (NYSE:CCU) by 5.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 148,169 shares of the company’s stock after selling 8,527 shares during the period. Dimensional Fund Advisors LP’s holdings in Compañía Cervecerías Unidas were worth $1,679,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. First Eagle Investment Management LLC raised its stake in shares of Compañía Cervecerías Unidas by 1.8% in the fourth quarter. First Eagle Investment Management LLC now owns 15,970,752 shares of the company’s stock worth $180,949,000 after acquiring an additional 281,295 shares during the last quarter. Ballentine Partners LLC bought a new stake in shares of Compañía Cervecerías Unidas during the fourth quarter valued at approximately $116,000. Stephens Inc. AR raised 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 worth $238,000 after purchasing an additional 3,955 shares during the last quarter. Wellington Management Group LLP lifted its holdings in Compañía Cervecerías Unidas by 4.6% during the 4th quarter. Wellington Management Group LLP now owns 1,979,465 shares of the company’s stock worth $22,427,000 after buying an additional 87,318 shares in the last quarter. Finally, Bennbridge Ltd acquired a new position in Compañía Cervecerías Unidas during the 4th quarter worth $14,120,000. Institutional investors and hedge funds own 24.07% of the company’s stock.

Analyst Upgrades and Downgrades

CCU has been the subject of a number of recent research reports. Scotiabank downgraded shares of Compañía Cervecerías Unidas from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 8th. StockNews.com cut Compañía Cervecerías Unidas from a “strong-buy” rating to a “buy” rating in a research note on Friday, May 9th. Three investment analysts have rated the stock with a sell rating, one has issued a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $11.03.

Compañía Cervecerías Unidas Price Performance

Shares of CCU opened at $14.57 on Thursday. The company has a market cap of $2.69 billion, a price-to-earnings ratio of 19.43, a PEG ratio of 2.69 and a beta of 0.74. 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’s fifty day simple moving average is $14.98 and its 200 day simple moving average is $12.96. Compañía Cervecerías Unidas S.A. has a 1-year low of $10.00 and a 1-year high of $15.75.

About Compañía Cervecerías Unidas

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.