GAMMA Investing LLC Has $601,000 Position in Compania Cervecerias Unidas, S.A. (NYSE:CCU)

GAMMA Investing LLC increased its stake in shares of Compania Cervecerias Unidas, S.A. (NYSE:CCU) by 2,439.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 39,520 shares of the company’s stock after purchasing an additional 37,964 shares during the quarter. GAMMA Investing LLC’s holdings in Compania Cervecerias Unidas were worth $601,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. BLI Banque de Luxembourg Investments acquired a new stake in Compania Cervecerias Unidas in the fourth quarter valued at approximately $7,141,000. First Eagle Investment Management LLC lifted its stake in Compania Cervecerias Unidas by 1.8% in the fourth quarter. First Eagle Investment Management LLC now owns 15,970,752 shares of the company’s stock valued at $180,949,000 after acquiring an additional 281,295 shares during the last quarter. D. E. Shaw & Co. Inc. acquired a new stake in Compania Cervecerias Unidas in the fourth quarter valued at approximately $149,000. Bank of America Corp DE lifted its stake in Compania Cervecerias Unidas by 28.9% in the fourth quarter. Bank of America Corp DE now owns 242,520 shares of the company’s stock valued at $2,748,000 after acquiring an additional 54,372 shares during the last quarter. Finally, Northern Trust Corp lifted its stake in shares of Compania Cervecerias Unidas by 347.8% in the fourth quarter. Northern Trust Corp now owns 88,180 shares of the company’s stock worth $999,000 after buying an additional 68,490 shares during the last quarter. 24.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CCU has been the subject of a number of analyst reports. Wall Street Zen cut shares of Compania Cervecerias Unidas from a “strong-buy” rating to a “buy” rating in a research note on Friday, May 9th. Scotiabank cut shares of Compania Cervecerias Unidas from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 8th.

Compania Cervecerias Unidas Stock Performance

Compania Cervecerias Unidas stock opened at $12.77 on Thursday. The company has a current ratio of 2.16, a quick ratio of 1.58 and a debt-to-equity ratio of 0.75. Compania Cervecerias Unidas, S.A. has a 1 year low of $10.00 and a 1 year high of $15.75. The company has a market cap of $2.36 billion, a PE ratio of 13.59, a PEG ratio of 1.18 and a beta of 0.69. The company’s 50-day moving average is $14.37 and its two-hundred day moving average is $13.40.

Compania Cervecerias Unidas Company 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.