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.
Get Compañía Cervecerías Unidas alerts: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 %
NYSE CCU traded up $0.25 on Tuesday, hitting $15.59. 176,256 shares of the stock traded hands, compared to its average volume of 185,663. The company has a current ratio of 2.04, a quick ratio of 1.41 and a debt-to-equity ratio of 0.77. The stock has a 50-day moving average of $12.99 and a 200 day moving average of $11.65. Compañía Cervecerías Unidas has a twelve month low of $9.31 and a twelve month high of $17.21. The company has a market capitalization of $2.88 billion, a P/E ratio of 15.81 and a beta of 0.74.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
(Get Rating)
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.
Featured Stories
- Get a free copy of the StockNews.com research report on Compañía Cervecerías Unidas (CCU)
- Verizon, Charter Trend Higher In Past Month: Are They Buys Now?
- Dividend King Sysco: Buying On The Dip
- Is the 1,600% Rise in Genius Group Stock Justified?
- After Further Review, Investors Liked Exxon Mobil's Earnings
- Will Caterpillar Dig Its Way To Another Buying Opportunity?
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.