Economy

The Constellation Brands Inc (STZ) Shares Bought by Principal Financial Group Inc

Oppenheimer Asset Management Inc. now owns 577 shares of the company's stock valued at $112,000 after purchasing an additional 193 shares during the period. The Melvin Capital Management Lp holds 625,000 shares with $95.82 million value, up from 100,000 last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its position in shares of Constellation Brands by 8.5% during the first quarter. It closed at $29.62 lastly. It has outperformed by 8.84% the S&P500. One investment analyst has rated the stock with a sell rating, six have given a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company's stock. Therefore 65% are positive. Constellation Brands has $280 highest and $130 lowest target. The company presently has an average rating of "Buy" and a consensus price target of $200.53. (The) lowered shares of Constellation Brands from a "buy" rating to a "neutral" rating and decreased their price objective for the stock from $212.00 to $210.00 in a research note on Monday, July 24th. Cowen & Co has "Hold" rating and $2500 target.

In other Constellation Brands news, Director Barry A. Fromberg sold 2,000 shares of the company's stock in a transaction dated Thursday, July 13th. The rating was maintained by Barclays Capital on Friday, June 24 with "Underweight". The rating was maintained by Morgan Stanley with "Overweight" on Thursday, October 6. On Thursday, October 6 the stock rating was maintained by UBS with "Neutral". Argus Research maintained the stock with "Buy" rating in Monday, January 11 report. The firm has "Hold" rating given on Wednesday, August 9 by Suntrust Robinson. British Columbia Invest Mgmt has invested 0.13% in Constellation Brands, Inc. The company has a market capitalization of $39.27 billion, a price-to-earnings ratio of 25.22 and a beta of 0.03. The Company is a producer and marketer of beer, wine and spirits with operations in the United States, Canada, Mexico, New Zealand and Italy. Constellation Brands's dividend payout ratio (DPR) is 26.03%. The Company's divisions include Beer, Wine and Spirits, and Corporate Operations and Other. Cibc Markets Inc reported 22,479 shares. They expect $2.16 EPS, up 22.03% or $0.39 from last year's $1.77 per share. The stock rose 0.59% or $1.18 reaching $202.27 per share. STZ's profit would be $420.93 million giving it 23.17 P/E if the $2.16 EPS is correct.

Ray Gerald L & Associates Ltd. grew its stake in Constellation Brands Inc (NYSE:STZ) by 0.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission.

Investors sentiment increased to 1.16 in 2016 Q4. Its up 0.02, from 1.23 in 2016Q3. North Star Investment Management Corp. now owns 748 shares of the company's stock valued at $145,000 after purchasing an additional 78 shares during the period. Dana Inv Advsrs Inc invested in 0.62% or 153,260 shares. During the same quarter in the prior year, the company posted $1.54 earnings per share. Dupont Capital Management Corp raised its position in shares of Constellation Brands by 31.4% in the 2nd quarter. (NYSE:STZ) on Friday, April 7 with "Outperform" rating. Amalgamated State Bank owns 18,139 shares. Toronto Dominion Comml Bank holds 0% or 19,420 shares. Ray Gerald L & Associates Ltd.'s holdings in Constellation Brands were worth $897,000 as of its most recent SEC filing. (NYSE:STZ). Fiduciary Tru Company holds 0.02% of its portfolio in Constellation Brands, Inc. (NYSE:STZ) or 16,890 shares. Hsbc Holding Public Ltd Co holds 0.07% or 206,704 shares in its portfolio. (NYSE:STZ) for 135 shares. Investors of record on Wednesday, August 9th were issued a $0.52 dividend. Burney Co owns 26,300 shares. (NYSE:STZ) on Tuesday, September 1 to "Outperform" rating. It has outperformed by 28.90% the S&P500.

Since April 3, 2017, it had 0 buys, and 3 selling transactions for $84,470 activity. Bonanza Creek Energy Inc now has $558.96M valuation. Its down 0.11, from 1.19 in 2016Q3.

Several other hedge funds also recently bought and sold shares of the company. Kennedy Cap reported 94,939 shares. Westpac Banking holds 0% or 330,486 shares. Kbc Gru Nv reported 67,987 shares. Agf Investments America Inc acquired 12,554 shares as Albemarle Corp. On Friday, June 2 Floyd David sold $1.07M worth of Stryker Corporation (NYSE:SYK) or 7,381 shares. United Advisers Limited Com has 42,220 shares for 0.01% of their portfolio. Northstar Asset Management Ltd Llc reported 0.49% stake. (NYSE:CNP). Macquarie Grp Inc Limited holds 280,143 shares. Reinhart Prns holds 68,920 shares. (NYSE:CNP) for 253,856 shares. Advisor Ptnrs Ltd accumulated 2,793 shares or 0.13% of the stock. Alabama-based Wealthtrust has invested 0% in CenterPoint Energy, Inc. The company reported $2.34 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.98 by $0.36. Therefore 9% are positive. JA Solar had 13 analyst reports since August 12, 2015 according to SRatingsIntel. The stock has "Hold" rating by Deutsche Bank on Wednesday, March 30. (NYSE:STZ) on Thursday, April 6 with "Buy" rating. Jefferies maintained Albemarle Corporation (NYSE:ALB) rating on Monday, August 21. Credit Suisse Ag reported 275,078 shares or 0.04% of all its holdings. The stock of CenterPoint Energy, Inc. J.P. Morgan has "Hold" rating and $2900 target. The firm has "Neutral" rating given on Monday, April 11 by Citigroup. As per Wednesday, August 23, the company rating was maintained by Roth Capital.



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