Shares of Compañía Cervecerías Unidas S.A. (NYSE:CCU – Get Rating) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $11.45 and traded as high as $13.71. Compañía Cervecerías Unidas shares last traded at $13.38, with a volume of 16,102 shares traded.
Analyst Ratings Changes
A number of equities analysts have recently issued reports on the stock. StockNews.com started coverage on shares of Compañía Cervecerías Unidas in a report on Wednesday, October 12th. They issued a "buy" rating for the company. HSBC cut shares of Compañía Cervecerías Unidas from a "buy" rating to a "hold" rating and reduced their price target for the company from $15.00 to $13.00 in a research report on Monday, November 14th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Compañía Cervecerías Unidas from $13.00 to $14.00 and gave the stock a "neutral" rating in a research note on Friday, November 25th.
Get Compañía Cervecerías Unidas alerts:Compañía Cervecerías Unidas Stock Performance
The company has a debt-to-equity ratio of 0.77, a current ratio of 2.04 and a quick ratio of 1.41. The firm has a fifty day simple moving average of $12.30 and a 200 day simple moving average of $11.45. The company has a market cap of $2.47 billion, a price-to-earnings ratio of 13.79 and a beta of 0.74.
Compañía Cervecerías Unidas (NYSE:CCU – Get Rating) last announced its quarterly earnings data on Tuesday, November 8th. The company reported $0.10 earnings per share (EPS) for the quarter. The business had revenue of $736.78 million for 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%. On average, sell-side analysts expect that Compañía Cervecerías Unidas S.A. will post 0.75 earnings per share for the current fiscal year.Compañía Cervecerías Unidas Announces Dividend
The company also recently announced a — dividend, which was paid on Friday, January 13th. Investors of record on Friday, December 23rd were given a $0.312 dividend. The ex-dividend date of this dividend was Thursday, December 22nd. This represents a yield of 4.1%. Compañía Cervecerías Unidas's dividend payout ratio (DPR) is currently 50.52%.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of CCU. Advisor Group Holdings Inc. bought a new position in Compañía Cervecerías Unidas in the first quarter worth $26,000. Tower Research Capital LLC TRC lifted its holdings in shares of Compañía Cervecerías Unidas by 125.0% during the third quarter. Tower Research Capital LLC TRC now owns 3,432 shares of the company's stock valued at $37,000 after acquiring an additional 1,907 shares during the period. Janiczek Wealth Management LLC lifted its holdings in shares of Compañía Cervecerías Unidas by 4,363.3% during the third quarter. Janiczek Wealth Management LLC now owns 3,526 shares of the company's stock valued at $38,000 after acquiring an additional 3,447 shares during the period. US Bancorp DE lifted its holdings in shares of Compañía Cervecerías Unidas by 288.3% during the third quarter. US Bancorp DE now owns 4,932 shares of the company's stock valued at $53,000 after acquiring an additional 3,662 shares during the period. Finally, Ronald Blue Trust Inc. lifted 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 acquiring an additional 5,697 shares during the period. 18.43% of the stock is owned by institutional investors.
Compañía Cervecerías Unidas Company Profile
(Get Rating)
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.
Featured Articles
- Get a free copy of the StockNews.com research report on Compañía Cervecerías Unidas (CCU)
- Why Warner Bros Discovery Is the S&P's Hottest Stock
- Pinterest is the Social Commerce Platform to Watch in 2023
- Is Walgreens Boots Alliance Earnings Miss Good For Investors?
- 4 High-Yield Dividend Kings For 2023
- Will 2023 be a Good Year for Goodyear Tire Stock?
Receive News & Ratings for Compañía Cervecerías Unidas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Compañía Cervecerías Unidas and related companies with MarketBeat.com's FREE daily email newsletter.