Compania Cervecerias Unidas, S.A. (CCU) Shares Bought by Bank of Montreal Can

Bank of Montreal Can increased its position in Compania Cervecerias Unidas, S.A. (NYSE:CCU) by 55,384.6% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 72,130 shares of the company’s stock after purchasing an additional 72,000 shares during the quarter. Bank of Montreal Can’s holdings in Compania Cervecerias Unidas were worth $2,013,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CCU. Dynamic Technology Lab Private Ltd increased its position in Compania Cervecerias Unidas by 29.4% during the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 15,175 shares of the company’s stock valued at $378,000 after buying an additional 3,452 shares in the last quarter. Stevens Capital Management LP increased its position in Compania Cervecerias Unidas by 53.0% during the 2nd quarter. Stevens Capital Management LP now owns 18,154 shares of the company’s stock valued at $453,000 after buying an additional 6,292 shares in the last quarter. Capital Fund Management S.A. increased its position in Compania Cervecerias Unidas by 115.3% during the 2nd quarter. Capital Fund Management S.A. now owns 18,300 shares of the company’s stock valued at $456,000 after buying an additional 9,800 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec increased its position in Compania Cervecerias Unidas by 23.9% during the 2nd quarter. Caisse DE Depot ET Placement DU Quebec now owns 46,494 shares of the company’s stock valued at $1,160,000 after buying an additional 8,969 shares in the last quarter. Finally, US Bancorp DE increased its position in Compania Cervecerias Unidas by 13.8% during the 2nd quarter. US Bancorp DE now owns 52,426 shares of the company’s stock valued at $1,308,000 after buying an additional 6,349 shares in the last quarter. Institutional investors own 14.13% of the company’s stock.

Separately, ValuEngine lowered Compania Cervecerias Unidas from a “buy” rating to a “hold” rating in a report on Wednesday, October 17th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold”.

Compania Cervecerias Unidas stock opened at $25.09 on Friday. The firm has a market capitalization of $4.79 billion, a price-to-earnings ratio of 22.60 and a beta of 0.50. Compania Cervecerias Unidas, S.A. has a 12 month low of $24.37 and a 12 month high of $30.35. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.45 and a quick ratio of 1.45.

Compania Cervecerias Unidas (NYSE:CCU) last posted its earnings results on Wednesday, August 8th. The company reported $1.44 EPS for the quarter. The business had revenue of $595.47 million during the quarter. Compania Cervecerias Unidas had a return on equity of 24.33% and a net margin of 17.04%. Equities research analysts forecast that Compania Cervecerias Unidas, S.A. will post 0.99 earnings per share for the current year.

COPYRIGHT VIOLATION NOTICE: “Compania Cervecerias Unidas, S.A. (CCU) Shares Bought by Bank of Montreal Can” was reported by American Banking News and is owned by of American Banking News. If you are reading this piece on another publication, it was illegally copied and republished in violation of US & international trademark and copyright laws. The original version of this piece can be read at https://www.americanbankingnews.com/2018/11/10/compania-cervecerias-unidas-s-a-ccu-shares-bought-by-bank-of-montreal-can.html.

Compania Cervecerias Unidas Company Profile

Compañía Cervecerías Unidas SA operates as a beverage company principally in Chile, Argentina, Uruguay, Paraguay, Colombia, and Bolivia. The company operates through Chile, International Business, and Wine segments. 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 Article: Initial Public Offering (IPO)

Institutional Ownership by Quarter for Compania Cervecerias Unidas (NYSE:CCU)

Receive News & Ratings for Compania Cervecerias Unidas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Compania Cervecerias Unidas and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply