Economy

Constellation Brands Inc (STZ) Shares Bought by OLD National Bancorp IN

Lone Pine Capital Llc sold 684,941 shares as Constellation Brands Inc (STZ)'s stock rose 13.40%. The D L Carlson Investment Group Inc holds 27,410 shares with $5.31 million value, up from 22,405 last quarter.

Constellation Brands, Inc is an worldwide beverage alcohol company. It closed at $217.63 lastly. Constellation Brands, Inc. (NYSE:STZ) has risen 17.20% since November 9, 2016 and is uptrending. It has outperformed by 0.50% the S&P500. Institutional investors and hedge funds own 73.53% of the company's stock. Flir Sys Inc now has $6.43B valuation. The fund owned 5,642 shares of the company's stock after acquiring an additional 1,996 shares during the quarter. About 154,200 shares traded. General Electric Company (NYSE:GE) has declined 4.46% since November 9, 2016 and is downtrending. It has underperformed by 50.71% the S&P500. One analyst has rated the stock with a sell rating, six have assigned a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. Therefore 67% are positive. Constellation Brands had 67 analyst reports since August 27, 2015 according to SRatingsIntel.

In other Constellation Brands news, insider William A. Newlands sold 2,935 shares of the business's stock in a transaction that occurred on Monday, October 9th. (NYSE:STZ) rating on Monday, April 3. As per Friday, June 30, the company rating was maintained by Stifel Nicolaus. The firm earned "Outperform" rating on Friday, October 6 by RBC Capital Markets. Pivotal Research reaffirmed a "buy" rating and issued a $200.00 price objective on shares of Constellation Brands in a report on Thursday, October 6th. Cowen & Co maintained Constellation Brands, Inc. (NYSE:STZ) on Wednesday, August 2 with "Buy" rating. The firm has "Buy" rating by Morgan Stanley given on Friday, June 9. The firm has "Outperform" rating by Wells Fargo given on Tuesday, April 5. The stock has a market cap of $42,211.99, a P/E ratio of 26.16, a PEG ratio of 1.39 and a beta of 0.10.

Adage Capital Partners Gp Llc decreased Loxo Oncology Inc (NASDAQ:LOXO) stake by 178,694 shares to 1.28M valued at $102.64M in 2017Q2. It also reduced its holding in Broadcom Limited by 24,213 shares in the quarter, leaving it with 43,987 shares, and cut its stake in General Elec Co (NYSE:GE). Entercommunications Corp (NYSE:ETM) was reduced too.

Investors sentiment increased to 1.16 in 2017 Q2. Its up 0.34, from 0.82 in 2017Q1. It fall, as 45 investors sold OCLR shares while 58 reduced holdings. 108 funds opened positions while 221 raised stakes. The company reported $1.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $0.12. More interesting news about Constellation Brands, Inc. (NYSE:STZ). Independent Portfolio Consultants holds 1,521 shares. Picton Mahoney Asset Management invested in 8,500 shares or 0.12% of the stock. (NYSE:STZ). Coastline Trust stated it has 0.41% of its portfolio in Constellation Brands, Inc. Argus Research maintained Constellation Brands, Inc. (NYSE:STZ) for 20,580 shares. Park Presidio Limited Com holds 8.12% of its portfolio in Constellation Brands, Inc. Cambridge Inv Rech Advsrs has invested 0.13% in Constellation Brands, Inc. Capstone Asset Management Co. raised its position in Constellation Brands by 3.8% in the second quarter. (NYSE:STZ) news were published by: Fool.com which released: "Here's Why Constellation Brands Is Cozying Up to Cannabis" on November 02, 2017, also Bloomberg.com with their article: "Constellation Brands Shuts Napa Wine Tasting Rooms as Fires Rage" published on October 10, 2017, Seekingalpha.com published: "Morgan Stanley positive on Constellation Brands" on November 07, 2017. State Street reported 0% of its portfolio in Paylocity Holding Corp (NASDAQ:PCTY). Constellation Brands had a return on equity of 17.69% and a net margin of 15.64%. Regentatlantic Cap Ltd Liability Corporation reported 0.11% in Constellation Brands, Inc. Moreover, Fincl Advisory Gru has 0.22% invested in Procter & Gamble Co (NYSE:PG) for 7,378 shares.

Trustmark National Bank Trust Department increased Bank Of America Corporation (NYSE:BAC) stake by 61,006 shares to 198,659 valued at $4.82 million in 2017Q2. Ameritas Invest Prtn invested in 3,867 shares. Investors of record on Tuesday, November 8th were issued a $0.40 dividend. The company has a current ratio of 1.61, a quick ratio of 0.69 and a debt-to-equity ratio of 1.01. Citigroup Incorporated holds 0% of its portfolio in Paylocity Holding Corp (NASDAQ:PCTY) for 11,366 shares. Huntington Natl Bank accumulated 0% or 525 shares. Tirschwell Loewy has invested 1.19% in General Electric Company (NYSE:GE). Lyrical Asset Management Lp owns 3.45 million shares or 3.83% of their U.S. portfolio. Pitcairn Company has 0.04% invested in FLIR Systems, Inc. First Washington reported 0.09% of its portfolio in General Electric Company (NYSE:GE). Fulton Bancorp Na holds 0.04% of its portfolio in Constellation Brands, Inc. 803.96 million shares or 0.96% less from 811.73 million shares in 2017Q1 were reported. 259,783 are held by Dowling & Yahnke Ltd Llc.

TE Connectivity Ltd.is a technology company. Charter invested in 3.61% or 1.11 million shares. The California-based First Wilshire Mngmt has invested 0.09% in CVS Health Corp (NYSE:CVS). Bonness Enterprises holds 3.4% or 164,478 shares in its portfolio. Endurance Wealth Management stated it has 100 shares. Ltd. now owns 780 shares of the company's stock worth $151,000 after acquiring an additional 670 shares during the last quarter.

Since January 1, 0001, it had 0 insider buys, and 2 insider sales for $12.98 million activity. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. Therefore 46% are positive. Morgan Stanley reaffirmed an "overweight" rating and issued a $194.00 price objective (up previously from $191.00) on shares of Constellation Brands in a report on Saturday, October 8th. The rating was downgraded by Deutsche Bank on Tuesday, December 13 to "Hold".



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