Yet Another Research Firm has Initiated Coverage on Constellation Brands (STZ)

September 8, 2018 - By Victoria Pittman

Investors sentiment decreased to 1.18 in 2018 Q1. Its down 0.06, from 1.24 in 2017Q4. It fall, as 45 investors sold Constellation Brands, Inc. shares while 256 reduced holdings. 99 funds opened positions while 256 raised stakes. 134.88 million shares or 3.87% less from 140.30 million shares in 2017Q4 were reported.

Provise Mngmt Grp Ltd Co reported 1,757 shares stake. Conning Incorporated reported 0.02% of its portfolio in Constellation Brands, Inc. (NYSE:STZ). Robeco Institutional Asset Mngmt Bv accumulated 0.05% or 42,399 shares. Benjamin F Edwards And Incorporated has invested 0% in Constellation Brands, Inc. (NYSE:STZ). Silvercrest Asset Mgmt Ltd reported 15,169 shares or 0.03% of all its holdings. Dorsey Whitney Trust Com Ltd reported 1,021 shares or 0.04% of all its holdings. 592,249 are owned by Tiaa Cref Investment Management Limited Liability Corp. Regal Inv Advsrs Lc has invested 0.05% in Constellation Brands, Inc. (NYSE:STZ). Moreover, First Commonwealth Financial Pa has 0.7% invested in Constellation Brands, Inc. (NYSE:STZ). Greenleaf Trust accumulated 923 shares. Proshare Advisors Limited Company invested 0.06% of its portfolio in Constellation Brands, Inc. (NYSE:STZ). Marshall Wace Ltd Liability Partnership holds 0.07% in Constellation Brands, Inc. (NYSE:STZ) or 7,563 shares. Atalanta Sosnoff Capital Ltd Limited Liability Company holds 21,660 shares or 0.16% of its portfolio. Global X Mngmt Ltd Limited Liability Company invested 0.03% of its portfolio in Constellation Brands, Inc. (NYSE:STZ). 19,988 are held by Cambridge Invest Inc.

Since April 2, 2018, it had 0 buys, and 3 sales for $6.25 million activity. FROMBERG BARRY A had sold 3,000 shares worth $687,672 on Monday, April 2. 6,398 shares were sold by LOCKE JAMES A III, worth $1.47 million.

How Jefferies Currently Rates Constellation Brands (STZ)

EU: Constellation Brands (STZ) coverage was started with a “Buy” rating by research professionals at Jefferies. This was revealed to clients and investors in analysts report on 7 September.

The stock increased 1.49% or $3.1 during the last trading session, reaching $211.72. About 2.12 million shares traded or 1.02% up from the average. Constellation Brands, Inc. (STZ) has risen 20.36% since September 8, 2017 and is uptrending. It has outperformed by 7.79% the S&P500.

Analysts await Constellation Brands, Inc. (NYSE:STZ) to report earnings on October, 4. They expect $2.58 EPS, up 4.45 % or $0.11 from last year’s $2.47 per share. STZ’s profit will be $493.85 million for 20.52 P/E if the $2.58 EPS becomes a reality. After $2.20 actual EPS reported by Constellation Brands, Inc. for the previous quarter, Wall Street now forecasts 17.27 % EPS growth.

Constellation Brands, Inc., together with its subsidiaries, produces, imports, and markets beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. The company has market cap of $40.53 billion. The firm sells wine across various categories, including table wine, sparkling wine, and dessert wine. It has a 15.88 P/E ratio. It offers beer primarily under the Corona Extra, Corona Light, Modelo Especial, Modelo Negra, and Pacifico brands; wine under the Black Box, Clos du Bois, Estancia, Franciscan Estate, Inniskillin, Kim Crawford, Mark West, Meiomi, Mount Veeder, Nobilo, Robert Mondavi, Ruffino, Saved, Simi, The Dreaming Tree, The Prisoner, Charles Smith, and Wild Horse brands; and sprits under the SVEDKA vodka, Black Velvet Canadian whisky, Casa Noble tequila, High West craft whisky brands.

More notable recent Constellation Brands, Inc. (NYSE:STZ) news were published by: Benzinga.com which released: “Canaccord: Constellation Brands Investment A ‘Transformational Event’ For Canopy Growth” on August 17, 2018, also Fool.com with their article: “Why Canopy Growth Skyrocketed 14.6% Today” published on September 04, 2018, Fool.com published: “Here’s What Makes Constellation Brands’ Tie-Up With Canopy Growth Corp. So Unique” on August 31, 2018. More interesting news about Constellation Brands, Inc. (NYSE:STZ) were released by: Benzinga.com and their article: “Cowen: Constellation Brands Stakeholders Have Reason To Be Confident In Canopy Growth” published on September 04, 2018 as well as Seekingalpha.com‘s news article titled: “Buy United Parcel Service – Cramer’s Lightning Round (9/6/18)” with publication date: September 07, 2018.

Constellation Brands, Inc. (NYSE:STZ) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.