Aperio Group LLC boosted its stake in shares of Compania Cervecerias Unidas (NYSE:CCU) by 5.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 276,501 shares of the company’s stock after buying an additional 13,548 shares during the period. Aperio Group LLC owned about 0.15% of Compania Cervecerias Unidas worth $5,583,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Compania Cervecerias Unidas during the second quarter valued at approximately $532,000. AXA raised its stake in Compania Cervecerias Unidas by 2,131.8% in the second quarter. AXA now owns 283,435 shares of the company’s stock valued at $6,615,000 after buying an additional 270,735 shares during the last quarter. BlackRock Group LTD raised its stake in Compania Cervecerias Unidas by 2.3% in the second quarter. BlackRock Group LTD now owns 379,916 shares of the company’s stock valued at $8,868,000 after buying an additional 8,405 shares during the last quarter. Global X Management Co. LLC raised its stake in Compania Cervecerias Unidas by 30.2% in the second quarter. Global X Management Co. LLC now owns 68,278 shares of the company’s stock valued at $1,594,000 after buying an additional 15,818 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in Compania Cervecerias Unidas by 60.7% in the second quarter. JPMorgan Chase & Co. now owns 192,526 shares of the company’s stock valued at $4,493,000 after buying an additional 72,745 shares during the last quarter. 12.57% of the stock is currently owned by hedge funds and other institutional investors.

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

Compania Cervecerias Unidas (NYSE:CCU) traded down 0.15% during trading on Monday, reaching $20.21. 167,438 shares of the company’s stock traded hands. Compania Cervecerias Unidas has a 1-year low of $18.78 and a 1-year high of $24.17. The stock has a 50-day moving average price of $20.69 and a 200 day moving average price of $21.64. The stock has a market capitalization of $3.73 billion, a P/E ratio of 25.07 and a beta of 0.54.

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Several analysts have recently commented on the stock. Zacks Investment Research lowered shares of Compania Cervecerias Unidas from a “hold” rating to a “sell” rating in a research report on Friday, August 19th. Citigroup Inc. lowered Compania Cervecerias Unidas from a “buy” rating to a “neutral” rating and cut their target price for the company from $25.50 to $24.50 in a research report on Monday, August 29th. JPMorgan Chase & Co. lowered Compania Cervecerias Unidas from a “neutral” rating to an “underweight” rating in a research report on Wednesday, October 5th. Finally, TheStreet lowered Compania Cervecerias Unidas from a “buy” rating to a “hold” rating in a research report on Tuesday, September 13th. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $24.75.

About Compania Cervecerias Unidas

Compania Cervecerias Unidas SA is a diversified beverage company operating principally in Chile, Argentina, Bolivia, Colombia, Paraguay and Uruguay. The Company operates as a brewer, soft drinks producer, water and nectar producer, wine producer and pisco distributor. The Company’s segments include Chile, International Business and Wine.

5 Day Chart for NYSE:CCU

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