Compañía Cervecerías Unidas S.A. (NYSE:CCU – Get Rating) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 771,200 shares, a decrease of 9.2% from the December 31st total of 849,500 shares. Based on an average daily volume of 209,600 shares, the days-to-cover ratio is presently 3.7 days.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. JPMorgan Chase & Co. raised shares of Compañía Cervecerías Unidas from a "neutral" rating to an "overweight" rating in a research note on Friday, January 20th. StockNews.com started coverage on Compañía Cervecerías Unidas in a research note on Wednesday, October 12th. They issued a "buy" rating on the stock. Finally, HSBC downgraded shares of Compañía Cervecerías Unidas from a "buy" rating to a "hold" rating and decreased their price target for the stock from $15.00 to $13.00 in a research report on Monday, November 14th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Advisor Group Holdings Inc. bought a new stake in Compañía Cervecerías Unidas in the first quarter valued at $26,000. Tower Research Capital LLC TRC boosted its stake in Compañía Cervecerías Unidas by 125.0% during the 3rd quarter. Tower Research Capital LLC TRC now owns 3,432 shares of the company's stock valued at $37,000 after purchasing an additional 1,907 shares during the period. Janiczek Wealth Management LLC grew its position in Compañía Cervecerías Unidas by 4,363.3% in the 3rd quarter. Janiczek Wealth Management LLC now owns 3,526 shares of the company's stock worth $38,000 after purchasing an additional 3,447 shares during the last quarter. US Bancorp DE increased its stake in shares of Compañía Cervecerías Unidas by 288.3% in the third quarter. US Bancorp DE now owns 4,932 shares of the company's stock valued at $53,000 after purchasing an additional 3,662 shares during the period. Finally, Ronald Blue Trust Inc. raised its holdings in shares of Compañía Cervecerías Unidas by 1,464.5% during the third quarter. Ronald Blue Trust Inc. now owns 6,086 shares of the company's stock valued at $77,000 after buying an additional 5,697 shares during the last quarter. Institutional investors and hedge funds own 18.43% of the company's stock.

Compañía Cervecerías Unidas Stock Up 1.6 %

Compañía Cervecerías Unidas (NYSE:CCU – Get Rating) last released its quarterly earnings data on Tuesday, November 8th. The company reported $0.10 EPS for the quarter. The firm had revenue of $736.78 million during the quarter, compared to the consensus estimate of $775.16 million. Compañía Cervecerías Unidas had a net margin of 5.66% and a return on equity of 10.75%. As a group, analysts expect that Compañía Cervecerías Unidas will post 0.74 earnings per share for the current fiscal year.

Compañía Cervecerías Unidas Dividend Announcement

The business also recently declared a — dividend, which was paid on Friday, January 13th. Investors of record on Friday, December 23rd were issued a $0.312 dividend. This represents a dividend yield of 4.1%. The ex-dividend date of this dividend was Thursday, December 22nd. Compañía Cervecerías Unidas's dividend payout ratio (DPR) is 50.52%.

About Compañía Cervecerías Unidas

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Compañía Cervecerías Unidas SA engages in the production of beverages. It operates through the following segments: Chile, International Business, and Wine. The Chile segment sells alcoholic and non-alcoholic beverages which include Heineken, Sol, Coors Tecate beer, Blue Moon beer, Kunstmann, Austral beer; and carbonated soft drinks, nectars and juices, sports and energy drinks, ice tea, and water.

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