Compania Cervecerias Unidas (NYSE:CCU) Cut to Buy at Wall Street Zen

Compania Cervecerias Unidas (NYSE:CCU) was downgraded by investment analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a report released on Saturday.

Other analysts also recently issued research reports about the company. Zacks Research downgraded Compania Cervecerias Unidas from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 1st. Weiss Ratings reissued a “hold (c)” rating on shares of Compania Cervecerias Unidas in a report on Friday, March 27th. One research analyst has rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Strong Sell” and a consensus price target of $12.00.

Compania Cervecerias Unidas Price Performance

Shares of CCU opened at $11.05 on Friday. The firm has a market cap of $2.04 billion, a price-to-earnings ratio of 16.25, a PEG ratio of 0.89 and a beta of 0.53. The stock has a 50 day moving average of $11.68 and a 200-day moving average of $12.73. The company has a current ratio of 2.04, a quick ratio of 1.46 and a debt-to-equity ratio of 0.63. Compania Cervecerias Unidas has a 52 week low of $10.71 and a 52 week high of $15.36.

Compania Cervecerias Unidas (NYSE:CCU) last issued its earnings results on Wednesday, May 6th. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.25 by $0.08. The company had revenue of $884.42 million during the quarter, compared to analyst estimates of $839.83 million. Compania Cervecerias Unidas had a return on equity of 7.34% and a net margin of 4.14%. As a group, analysts forecast that Compania Cervecerias Unidas will post 0.74 EPS for the current year.

Institutional Trading of Compania Cervecerias Unidas

Several hedge funds have recently added to or reduced their stakes in the business. Rhumbline Advisers raised its stake in Compania Cervecerias Unidas by 12.7% during the 3rd quarter. Rhumbline Advisers now owns 7,277 shares of the company’s stock valued at $88,000 after acquiring an additional 822 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in Compania Cervecerias Unidas by 1.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 54,843 shares of the company’s stock valued at $700,000 after acquiring an additional 984 shares in the last quarter. Parallel Advisors LLC raised its stake in Compania Cervecerias Unidas by 69.1% during the 4th quarter. Parallel Advisors LLC now owns 2,557 shares of the company’s stock valued at $33,000 after acquiring an additional 1,045 shares in the last quarter. Stephens Inc. AR raised its stake in Compania Cervecerias Unidas by 6.0% during the 1st quarter. Stephens Inc. AR now owns 27,134 shares of the company’s stock valued at $308,000 after acquiring an additional 1,532 shares in the last quarter. Finally, Arax Advisory Partners raised its stake in Compania Cervecerias Unidas by 917.9% during the 4th quarter. Arax Advisory Partners now owns 2,270 shares of the company’s stock valued at $29,000 after acquiring an additional 2,047 shares in the last quarter. Institutional investors own 24.07% of the company’s stock.

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.