Mawer Investment Management Ltd Increased Cia Cervecerias Uni (NYSE:CCU) Stake by $21.95 Million

August 12, 2018 - By Darrel Chase

Compañía Cervecerías Unidas S.A. (NYSE:CCU) LogoInvestors sentiment increased to 1.85 in Q1 2018. Its up 0.33, from 1.52 in 2017Q4. It is positive, as 7 investors sold CCU shares while 20 reduced holdings. 17 funds opened positions while 33 raised stakes. 27.06 million shares or 4.58% more from 25.87 million shares in 2017Q4 were reported. National Bank & Trust Of Montreal Can accumulated 130 shares. Moreover, Millennium Mngmt Llc has 0.02% invested in Compañía Cervecerías Unidas S.A. (NYSE:CCU) for 481,626 shares. Mirae Asset Glob Invests holds 0.01% or 18,149 shares. Fmr Limited Company holds 0.01% or 2.39M shares in its portfolio. Whitnell & has invested 0% in Compañía Cervecerías Unidas S.A. (NYSE:CCU). Yorktown & Research Co holds 0.11% or 13,000 shares. Kbc Gru Nv holds 0.01% in Compañía Cervecerías Unidas S.A. (NYSE:CCU) or 20,992 shares. Blackrock accumulated 301,054 shares. Moreover, Marathon Asset Mngmt Ltd Liability Partnership has 0.01% invested in Compañía Cervecerías Unidas S.A. (NYSE:CCU). Somerset Capital Mngmt Limited Liability Partnership holds 93,517 shares. Northern Corp holds 252,436 shares or 0% of its portfolio. Ajo Limited Partnership stated it has 0% of its portfolio in Compañía Cervecerías Unidas S.A. (NYSE:CCU). Canada Pension Plan Inv Board reported 81,104 shares. Citigroup owns 37,627 shares or 0% of their US portfolio. Aqr Capital Llc reported 0.01% in Compañía Cervecerías Unidas S.A. (NYSE:CCU).

Mawer Investment Management Ltd increased its stake in Cia Cervecerias Uni (NYSE:CCU) by 1829.29% based on its latest 2018Q2 regulatory filing with the SEC. Mawer Investment Management Ltd bought 914,644 shares as the company’s stock declined 6.69% with the market. The institutional investor held 964,644 shares of the consumer non-durables company at the end of 2018Q2, valued at $24.06 million, up from 50,000 at the end of the previous reported quarter. Mawer Investment Management Ltd who had been investing in Cia Cervecerias Uni for a number of months, seems to be bullish on the $4.75 billion market cap company. The stock decreased 1.37% or $0.37 during the last trading session, reaching $26.64. About 90,155 shares traded. Compañía Cervecerías Unidas S.A. (NYSE:CCU) has risen 1.15% since August 13, 2017 and is uptrending. It has underperformed by 11.42% the S&P500.

Mawer Investment Management Ltd, which manages about $20.93B and $12.38 billion US Long portfolio, decreased its stake in Descartes Systems Grp/The (NASDAQ:DSGX) by 318,755 shares to 3.29 million shares, valued at $107.30M in 2018Q2, according to the filing. It also reduced its holding in Rpm International Inc (NYSE:RPM) by 238,952 shares in the quarter, leaving it with 589,897 shares, and cut its stake in Aspen Technology Inc (NASDAQ:AZPN).

Mawer Investment Management Ltd is a Alberta, Canada-based institutional investor with more than $20.93 billion AUM in June, 2014. This fund invests only a small percentage of its assets in equities and options. Taken from Mawer Investment Management latest Adv, the fund reported to have 100 full and part-time employees. Among which 35 performing investment advisory and research functions. The institutional investor had more than 2300 clients.

Compañía Cervecerías Unidas S.A. operates as a beverage firm principally in Chile, Argentina, Uruguay, Paraguay, Colombia, and Bolivia. The company has market cap of $4.75 billion. The firm operates through Chile, International Business, and Wine divisions. It has a 22.58 P/E ratio. 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.

Another recent and important Compañía Cervecerías Unidas S.A. (NYSE:CCU) news was published by Seekingalpha.com which published an article titled: “Compania Cervecerias Unidas SA (CCU) on Q2 2018 Results – Earnings Call Transcript” on August 10, 2018.

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