Traders Buy Shares of Constellation Brands Inc (STZ) on Weakness

Remigio Civitarese
Ottobre 22, 2017

Equities research analysts expect that Constellation Brands Inc will post $8.42 earnings per share for the current year. As per Thursday, October 5, the company rating was maintained by Cowen & Co. Goldman Sachs Inc owns 794,727 shares for 0.04% of their portfolio.

10/06/2017 - Constellation Brands Inc had its "outperform" rating reiterated by analysts at RBC Capital. The firm has "Buy" rating given on Monday, September 18 by Stifel Nicolaus. (NYSE:STZ) rating on Thursday, April 7. BlackRock Inc. grew its stake in Constellation Brands by 0.9% during the 2nd quarter. Citigroup maintained the stock with "Neutral" rating in Monday, October 9 report.

Suvretta Capital Management Llc increased Constellation Brands Inc (STZ) stake by 28.12% reported in 2017Q2 SEC filing.

Pitcairn Company decreased Delta Air Lines Inc Del (NYSE:DAL) stake by 8,380 shares to 44,966 valued at $2.42 million in 2017Q2. Quadrant Capital Group LLC now owns 678 shares of the company's stock worth $103,000 after buying an additional 14 shares in the last quarter. Kansas City Southern now has $11.09 billion valuation. It last reported revenues of $1.59 billion and EPS of $0.87 for the June 2017, representing 15% top-line growth and 0.27 EPS growth. About 274,820 shares traded.

Constellation Brands (NYSE:STZ) opened at 149.44 on Friday. It has outperformed by 40.60% the S&P500.

Analysts await Harris Corporation (NYSE:HRS) to report earnings on November, 7. SJW's profit will be $16.21 million for 20.51 P/E if the $0.79 EPS becomes a reality. Northern Cap Management Limited Liability Company reported 0.23% stake. 209,477 were accumulated by Royal National Bank & Trust Of Canada.

Investors sentiment decreased to 1.05 in 2017 Q2. Its down 0.10, from 1.03 in 2017Q1. It worsened, as 53 investors sold MPC shares while 274 reduced holdings. Rathbone Brothers Plc reported 11,935 shares. Voloridge Investment Management Ltd Com has invested 0.07% in Constellation Brands, Inc. Thompson Davis Incorporated holds 773 shares. (NYSE:STZ). Hancock Holding Communications holds 0.01% or 1,545 shares in its portfolio. San Francisco Sentry Invest Gp (Ca) owns 1,513 shares or 0.1% of their United States portfolio. Honeywell Intll has invested 0.82% in Kansas City Southern (NYSE:KSU). Commonwealth Equity Services reported 27,147 shares. Boyd Watterson Asset Management Ltd Limited Liability Company Oh owns 13,138 shares for 0.35% of their portfolio. (NYSE:STZ). Bridgecreek Invest Llc holds 39,121 shares. Ig Invest Management stated it has 0.05% in Harris Corporation (NYSE:HRS). Following the transaction, the vice president now owns 86,005 shares of the company's stock, valued at $16,727,972.50. 794,197 are held by Fmr. It also upped Facebook Inc (NASDAQ:FB) stake by 500,000 shares and now owns 3.50M shares. Verizon Communicatn (NYSE:VZ) was raised too.

Among 3 analysts covering HTG Molecular Diagnostics (NASDAQ:HTGM), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 67% are positive.

10/05/2017 - Constellation Brands Inc had its "outperform" rating reiterated by analysts at Cowen. The firm has "Buy" rating given on Friday, June 30 by RBC Capital Markets. The stock of Harris Corporation (NYSE:HRS) has "Buy" rating given on Thursday, July 6 by Cowen & Co. The stock has "Buy" rating by Pivotal Research on Thursday, January 7. (NYSE:STZ) has "Neutral" rating given on Thursday, September 17 by Nomura. Credit Suisse downgraded the shares of GG in report on Wednesday, January 13 to "Neutral" rating. (NYSE:STZ) earned "Hold" rating by Susquehanna on Monday, June 26. The rating was upgraded by Cowen & Co to "Outperform" on Monday, November 23. (USA) (NYSE:GG) has "Buy" rating given on Wednesday, June 14 by TD Securities. (NYSE:STZ) on Tuesday, September 1 to "Outperform" rating. The rating was maintained by Argus Research on Monday, December 7 with "Buy". The company has market cap of $291.17 million. The Firm is a producer and marketer of beer, wine and spirits with activities in the United States, Canada, Mexico, New Zealand and Italy. Constellation Brands's dividend payout ratio (DPR) is 24.73%. The Company's divisions include Beer, Wine and Spirits, and Corporate Operations and Other.

Investors sentiment increased to 1.16 in Q2 2017. Its up 0.34, from 0.82 in 2017Q1.

Other institutional investors have also recently bought and sold shares of the company. PineBridge Investments L.P. raised its position in shares of Constellation Brands by 331.3% in the second quarter. The company reported $2.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.17 by $0.30. San Francisco Sentry Grp Incorporated (Ca) has 0.1% invested in Constellation Brands, Inc. (NYSE:STZ). Natl Tx reported 0.74% stake. Park Presidio Capital Ltd has invested 8.12% in Constellation Brands, Inc. (NYSE:STZ) for 2,279 shares. Moreover, Prudential Inc has 0.1% invested in Constellation Brands, Inc. Egerton Capital UK LLP now owns 2,717,567 shares of the company's stock worth $526,474,000 after buying an additional 231,984 shares in the last quarter.

More notable recent Constellation Brands, Inc. (NYSE:STZ). Montecito Bank & Trust And Trust reported 1,652 shares. Jpmorgan Chase & invested 0.18% of its portfolio in Constellation Brands, Inc. Robeco Institutional Asset Management B.V. now owns 9,004 shares of the company's stock worth $1,795,000 after purchasing an additional 1,015 shares during the period. Hl Svcs Lc invested in 33,851 shares or 0.13% of the stock. Ifc Fl accumulated 4,101 shares.

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