KBC Group NV Purchases 87597 Shares of Constellation Brands, Inc. (STZ)

Marco Green
December 18, 2017

Affinity Investment Advisors Llc who had been investing in Constellation Brands Inc Cl A for a number of months, seems to be bullish on the $43.90B market cap company. The stock increased 2.39% or $2.25 during the last trading session, reaching $96.31. (NYSE:STZ) news were published by: Investorplace.com which released: "Constellation Brands, Inc". It has underperformed by 20.79% the S&P500.

Doug Silverman decreased its stake in Constellation Brands Inc (STZ) by 6.25% based on its latest 2017Q2 regulatory filing with the SEC. On Friday, June 30 the stock rating was maintained by RBC Capital Markets with "Buy". The institutional investor held 65,906 shares of the beverages (production and distribution) company at the end of 2017Q2, valued at $12.77M, up from 26,767 at the end of the previous reported quarter. Newbrook Capital Advisors Lp who had been investing in Constellation Brands Inc for a number of months, seems to be less bullish one the $43.90 billion market cap company. The company has a quick ratio of 0.69, a current ratio of 1.61 and a debt-to-equity ratio of 1.01. The company had a trading volume of 2,437,853 shares, compared to its average volume of 1,068,774.

Constellation Brands (NYSE:STZ) last announced its quarterly earnings results on Thursday, October 5th. It has outperformed by 0.50% the S&P500.

Investors sentiment increased to 3.19 in 2017 Q2. Its up 0.34, from 0.82 in 2017Q1. Hedge funds and other institutional investors own 75.04% of the company's stock.

Several other hedge funds have also recently added to or reduced their stakes in the business. After $2.47 actual earnings per share reported by Constellation Brands, Inc. for the previous quarter, Wall Street now forecasts -23.89% negative EPS growth. (NYSE:STZ). Td Asset Mgmt holds 0.03% or 100,220 shares. (NYSE:STZ). Ubs Asset Americas has invested 0% of its portfolio in Constellation Brands, Inc. The Rhode Island-based Parsons Capital Management Inc Ri has invested 0.02% in the stock. (NYSEARCA:ERI). Parametric Associates Ltd Liability Corp reported 156,144 shares stake. 19,496 were accumulated by Pub Sector Pension Invest Board. Thrivent For Lutherans owns 24,150 shares.

Ellington Mgmt Group Ltd Liability, Connecticut-based fund reported 1,800 shares. Central Financial Bank & Tru reported 22,515 shares. (NYSE:STZ). State Treasurer State Of Michigan owns 56,375 shares. The New York-based Havens Advisors Llc has invested 3.85% in the stock. 2,860 are held by Rothschild Asset Mgmt Inc. Capital One Financial Corp. had 89 analyst reports since July 24, 2015 according to SRatingsIntel. (NYSE:LVLT) earned "Neutral" rating by Moffett Nathanson on Tuesday, November 22. The firm has "Hold" rating by Jefferies given on Friday, October 27. RBC Capital Markets maintained it with "Hold" rating and $61.0 target in Sunday, September 17 report. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. Stifel Nicolaus maintained the stock with "Buy" rating in Friday, December 11 report. (NYSE:STZ) on Tuesday, October 10. The rating was downgraded by Bank of America on Wednesday, April 27 to "Underperform".

Since August 1, 2017, it had 0 insider purchases, and 5 insider sales for $24.74 million activity. $10.47 million worth of Constellation Brands, Inc. (NYSE:STZ). Royal Bancorporation Of Canada reported 0.02% of its portfolio in Constellation Brands, Inc. It also reduced its holding in Sealed Air Corp New (NYSE:SEE) by 720,874 shares in the quarter, leaving it with 1.87M shares, and cut its stake in Graphic Packaging Hldg Co (NYSE:GPK).

LMR Partners LLP increased its holdings in Constellation Brands by 1.9% in the 2nd quarter. Its up 0.34, from 0.82 in 2017Q1. It improved, as 42 investors sold STZ shares while 242 reduced holdings. The company reported $2.47 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.17 by $0.30. Brighton Jones Lc reported 0.03% stake. Redwood Investments Limited Liability Co holds 63,804 shares. Cwm Limited Liability invested 0.01% of its portfolio in Constellation Brands, Inc. (NYSE:STZ). Schwab Charles Mngmt stated it has 542,539 shares. Rhumbline Advisers has 298,152 shares. Point72 Asia (Hong Kong) Limited holds 0.44% of its portfolio in Constellation Brands, Inc.

The stock increased 7.55% or $0.21 during the last trading session, reaching $2.99. Moore Management Ltd Partnership accumulated 125,000 shares. Bb&T Secs Ltd stated it has 0.02% in Constellation Brands, Inc. Savings Bank Of Nova Scotia has 0.06% invested in Constellation Brands, Inc. Hoplite Cap Mngmt LP holds 5.02% in Constellation Brands, Inc. (NYSE:STZ) or 206 shares.

Analysts await Constellation Brands, Inc. 57,774 were accumulated by Stifel.

Among 27 analysts covering Union Pacific Corporation (NYSE:UNP), 10 have Buy rating, 2 Sell and 15 Hold. Therefore 68% are positive. (NYSE:STZ) earned "Neutral" rating by Nomura on Thursday, September 17. (NASDAQ:CRAY) has "Buy" rating given on Friday, February 12 by Stifel Nicolaus. As per Wednesday, August 23, the company rating was maintained by Robert W. Baird. HSBC upgraded Constellation Brands, Inc. Macquarie initiated coverage on shares of Constellation Brands in a research note on Thursday, September 14th. The stock has "Buy" rating by SunTrust on Thursday, October 6. Pivotal Research has "Buy" rating and $185.0 target. The firm has "Outperform" rating given on Tuesday, April 11 by Wells Fargo. Loop Capital maintained the shares of UNP in report on Monday, October 30 with "Hold" rating. They issued a "buy" rating and a $244.00 price target for the company. (NYSE:STZ) on Monday, January 11 with "Buy" rating.

Other reports by Click Lancashire

Discuss This Article