Canada Pension Plan Investment Board increased its position in Compania Cervecerias Unidas, S.A. (NYSE:CCU) by 1,900.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 81,104 shares of the company’s stock after buying an additional 77,049 shares during the period. Canada Pension Plan Investment Board’s holdings in Compania Cervecerias Unidas, were worth $2,128,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. International Value Advisers LLC bought a new stake in Compania Cervecerias Unidas, during the first quarter worth $16,774,000. Acadian Asset Management LLC raised its stake in Compania Cervecerias Unidas, by 64.4% in the second quarter. Acadian Asset Management LLC now owns 893,359 shares of the company’s stock worth $23,443,000 after buying an additional 349,839 shares in the last quarter. Henderson Group PLC raised its stake in Compania Cervecerias Unidas, by 10.8% in the first quarter. Henderson Group PLC now owns 2,819,956 shares of the company’s stock worth $71,272,000 after buying an additional 275,590 shares in the last quarter. First Eagle Investment Management LLC raised its stake in Compania Cervecerias Unidas, by 4.4% in the first quarter. First Eagle Investment Management LLC now owns 6,390,711 shares of the company’s stock worth $161,493,000 after buying an additional 268,886 shares in the last quarter. Finally, Karp Capital Management Corp bought a new stake in Compania Cervecerias Unidas, during the first quarter worth $3,106,000. Institutional investors own 13.22% of the company’s stock.

Shares of Compania Cervecerias Unidas, S.A. (CCU) opened at 27.63 on Friday. The stock has a market cap of $5.10 billion, a price-to-earnings ratio of 27.04 and a beta of 0.33. The stock’s 50 day moving average price is $26.74 and its 200 day moving average price is $25.64. Compania Cervecerias Unidas, S.A. has a one year low of $19.31 and a one year high of $28.22.

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CCU has been the subject of a number of analyst reports. Zacks Investment Research lowered Compania Cervecerias Unidas, from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. BidaskClub lowered Compania Cervecerias Unidas, from a “buy” rating to a “hold” rating in a report on Tuesday, June 13th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $26.17.

Compania Cervecerias Unidas, Company Profile

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.

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

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