Compania Cervecerias Unidas (NYSE:CCU) Stock Crosses Above Two Hundred Day Moving Average – Should You Sell?

Compania Cervecerias Unidas, S.A. (NYSE:CCU)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $12.58 and traded as high as $14.71. Compania Cervecerias Unidas shares last traded at $14.6780, with a volume of 183,963 shares changing hands.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on CCU shares. Zacks Research lowered shares of Compania Cervecerias Unidas from a “hold” rating to a “strong sell” rating in a research report on Wednesday, December 3rd. Weiss Ratings reissued a “hold (c)” rating on shares of Compania Cervecerias Unidas in a research note on Monday, December 29th. Two analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Compania Cervecerias Unidas has an average rating of “Reduce” and a consensus target price of $10.00.

Compania Cervecerias Unidas Stock Up 3.1%

The stock has a fifty day moving average of $13.21 and a two-hundred day moving average of $12.58. The company has a quick ratio of 1.38, a current ratio of 2.06 and a debt-to-equity ratio of 0.69. The stock has a market cap of $2.71 billion, a price-to-earnings ratio of 19.06, a PEG ratio of 3.96 and a beta of 0.46.

Compania Cervecerias Unidas (NYSE:CCU) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.08). The firm had revenue of $684.82 million for the quarter, compared to analyst estimates of $783.08 million. Compania Cervecerias Unidas had a return on equity of 8.18% and a net margin of 4.48%. As a group, analysts predict that Compania Cervecerias Unidas, S.A. will post 0.68 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Wellington Management Group LLP increased its position in shares of Compania Cervecerias Unidas by 27.2% in the third quarter. Wellington Management Group LLP now owns 2,461,212 shares of the company’s stock worth $29,830,000 after acquiring an additional 526,665 shares in the last quarter. Acadian Asset Management LLC boosted its position in Compania Cervecerias Unidas by 130.1% during the 2nd quarter. Acadian Asset Management LLC now owns 487,149 shares of the company’s stock worth $6,285,000 after purchasing an additional 275,435 shares during the period. Arrowstreet Capital Limited Partnership increased its holdings in Compania Cervecerias Unidas by 386.6% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 166,244 shares of the company’s stock valued at $2,148,000 after purchasing an additional 132,083 shares in the last quarter. Marshall Wace LLP raised its position in Compania Cervecerias Unidas by 83.8% in the second quarter. Marshall Wace LLP now owns 255,380 shares of the company’s stock valued at $3,300,000 after purchasing an additional 116,418 shares during the period. Finally, American Century Companies Inc. raised its position in Compania Cervecerias Unidas by 172.2% in the second quarter. American Century Companies Inc. now owns 173,672 shares of the company’s stock valued at $2,244,000 after purchasing an additional 109,867 shares during the period. 24.07% of the stock is owned by institutional investors and hedge funds.

Compania Cervecerias Unidas Company Profile

Compañía Cervecerías Unidas SA (NYSE: CCU) is a Chile-based beverages company with operations across Latin America. The company engages in the production, marketing and distribution of beer, soft drinks, wines, mineral water and other non-alcoholic beverages. Through a combination of owned brands and licensing agreements, CCU serves both domestic and export markets with a diversified portfolio designed to meet evolving consumer tastes.

In its beer segment, CCU produces flagship brands such as Cristal, Escudo and Royal Guard, while also brewing international labels under license, including Heineken in select markets.