Constellation Brands Inc Stock in Q2 2017 Driven by Institutional Investors

  • Constellation Brands
  • 03/11/2017
Constellation Brands Inc Stock in Q2 2017 Driven by Institutional Investors
In other Constellation Brands news, EVP William F. Hackett sold 12,517 shares of the company's stock in a transaction that occurred on Wednesday, August 23rd. Constellation Brands Inc. now has $41.98B valuation. The stock declined 0.36% or $0.77 reaching $215.23 on the news. Thrivent Financial For Lutherans now owns 6,350 shares of the company's stock valued at $1,029,000 after acquiring an additional 140 shares in the last quarter. Constellation Brands, Inc. (NYSE:STZ) has risen 17.20% since November 2, 2016 and is uptrending. It has outperformed by 0.50% the S&P500.

Gamco Investors Inc Et Al increased Tredegar Inds Inc (TG) stake by 6.29% reported in 2017Q2 SEC filing. LS Investment Advisors LLC now owns 4,958 shares of the company's stock worth $961,000 after buying an additional 39 shares in the last quarter. The Patten & Patten Inc holds 93,799 shares with $18.17 million value, down from 95,640 last quarter. The stock decreased 2.94% or $0.06 on November 2, reaching $1.98. About 44,755 shares traded. Ecopetrol SA (ADR) (NYSE:EC) has risen 7.58% since November 2, 2016 and is uptrending. It has outperformed by 45.78% the S&P500.

Investors sentiment increased to 1.16 in Q2 2017. Its up 0.34, from 0.82 in 2017Q1. It improved, as 42 investors sold STZ shares while 242 reduced holdings.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. The company reported $2.47 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $2.17 by $0.30. Schwab Charles Invest Mngmt Inc reported 0% of its portfolio in Ecopetrol SA (ADR) (NYSE:EC). New Mountain Vantage Advisers Limited Liability Co holds 1.04% or 74,020 shares in its portfolio. Legal & General Grp Inc Public holds 0.01% or 1.04 million shares. Clearbridge Invests owns 2,635 shares or 0% of their U.S. portfolio. (NYSE:HON) for 9,898 shares. (NYSE:STZ). Ubs Oconnor Ltd Liability Com holds 0% or 179,464 shares. Canada Pension Plan Board accumulated 180,746 shares. California Employees Retirement reported 2.03M shares. 3,640 are held by Doheny Asset Management Ca. The Sirios Capital Management LP holds 325,912 shares with $63.14 million value, up from 184,753 last quarter. (NYSE:STZ). Moore Mgmt LP holds 125,000 shares or 0.74% of its portfolio. 387 are owned by Guardian Life Insurance Of America. Glenmede Tru Na, Pennsylvania-based fund reported 759 shares. Therefore 67% are positive. Cowen and Company reaffirmed a "buy" rating and issued a $230.00 price objective on shares of Constellation Brands in a research note on Thursday, August 3rd. Stifel Nicolaus maintained the shares of STZ in report on Friday, December 11 with "Buy" rating. Prudential Financial Inc. increased its stake in Constellation Brands by 3.5% in the first quarter. The firm earned "Buy" rating on Thursday, June 29 by Pivotal Research. The firm earned "Outperform" rating on Friday, April 7 by RBC Capital Markets. (NYSE:STZ) has "Buy" rating given on Friday, June 30 by Wells Fargo. RBC Capital Markets maintained it with "Outperform" rating and $148 target in Thursday, October 8 report. On Monday, October 9 the stock rating was maintained by Citigroup with "Neutral". On Thursday, October 5 the stock rating was maintained by Cowen & Co with "Buy". The stock of United Technologies Corporation (NYSE:UTX) earned "Hold" rating by Stifel Nicolaus on Friday, July 7. BidaskClub raised Constellation Brands from a "buy" rating to a "strong-buy" rating in a research report on Wednesday, July 12th. Finally, Impala Asset Management LLC bought a new stake in Constellation Brands during the 1st quarter valued at approximately $31,886,000. About shares traded. Constellation Brands, Inc. Schlumberger Ltd (NYSE:SLB) was raised too.

Since May 5, 2017, it had 7 insider buys, and 0 selling transactions for $181,991 activity. (NYSE:HON) rating on Wednesday, April 26. MARTIN R BRAD had bought 20,000 shares worth $105,260.

Investors sentiment decreased to 0.88 in 2017 Q2. Its up 0.34, from 0.82 in 2017Q1. 104 funds opened positions while 426 raised stakes. Cadence Bankshares Na stated it has 1,079 shares or 0.1% of all its holdings. British Columbia Investment owns 110,800 shares. Daiwa Securities Gp invested in 5,020 shares. Invesco Ltd stated it has 0.01% in Chesapeake Energy Corporation (NYSE:CHK). Cypress Capital Mngmt Limited Liability Co (Wy) has 6,123 shares for 0% of their portfolio. Salem Counselors holds 0% or 440 shares. 586 were reported by Exane Derivatives. Marsico Ltd accumulated 217,401 shares. (HON) stake by 25.5% reported in 2017Q2 SEC filing. North Star Investment Management Corp. now owns 748 shares of the company's stock worth $145,000 after purchasing an additional 78 shares in the last quarter. Stockholders of record on Tuesday, November 7th will be issued a dividend of $0.52 per share. Kbc Group Inc Nv holds 27,676 shares. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company's stock. Therefore 0 are positive. Susquehanna Bancshares Inc reissued a "neutral" rating and set a $193.00 price target (up previously from $169.00) on shares of Constellation Brands in a research report on Monday, October 2nd. The stock presently has an average rating of "Buy" and an average price target of $216.00. United Technologies Corporation had 65 analyst reports since July 21, 2015 according to SRatingsIntel. On Monday, June 6 the stock rating was maintained by UBS with "Neutral". The stock of Chesapeake Energy Corporation (NYSE:CHK) has "Sector Perform" rating given on Thursday, February 25 by RBC Capital Markets.

In other news, VP Thomas J. Mullin sold 50,000 shares of the business's stock in a transaction on Monday, October 16th.
  
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