Constellation Brands, Inc. (NYSE:STZ) Shares Bought by Prudential Financial Inc

Mindy Sparks
January 13, 2018

The institutional investor held 2,457 shares of the beverages (production and distribution) company at the end of 2017Q3, valued at $490,000, down from 4,257 at the end of the previous reported quarter. Constellation Brands Inc (Call) now has $42.68B valuation. About 3.07M shares traded or 101.47% up from the average.

Constellation Brands (NYSE:STZ) last released its quarterly earnings data on Friday, January 5th. It has outperformed by 0.50% the S&P500. The hedge fund held 280,067 shares of the consumer electronics and appliances company at the end of 2017Q3, valued at $16.64 million, up from 272,440 at the end of the previous reported quarter. Bahl & Gaynor Inc. now owns 1,218 shares of the company's stock valued at $202,000 after buying an additional 8 shares in the last quarter. VRTU's profit will be $8.81M for 38.73 P/E if the $0.30 EPS becomes a reality. Heritage-Crystal Clean, Inc (HCCI) has risen 59.14% since January 12, 2017 and is uptrending. It has underperformed by 4.16% the S&P500. The rating was maintained by RBC Capital Markets on Friday, October 6 with "Outperform". Johnson & Johnson had 84 analyst reports since August 7, 2015 according to SRatingsIntel. Quadrant Capital Group LLC now owns 678 shares of the company's stock worth $103,000 after buying an additional 14 shares during the period. The stock has "Outperform" rating by Barrington Research on Thursday, August 20. Rates held steady in Thursday morning trading, and the Standard & Poor's 500 index was on pace for its seventh gain in the last eight days. The company was maintained on Wednesday, June 29 by Maxim Group. Barrington Research maintained Virtusa Corporation (NASDAQ:VRTU) rating on Tuesday, February 9. RBC Capital Markets maintained the stock with "Buy" rating in Friday, November 10 report. BMO Capital Markets maintained the stock with "Hold" rating in Thursday, July 13 report. The firm has "Outperform" rating by Wells Fargo given on Tuesday, April 5.

Investors sentiment decreased to 0.8 in 2017 Q3. Its the same as in 2017Q2. It dropped, as 10 investors sold Virtusa Corporation shares while 54 reduced holdings. Aperio Gp Limited Liability Corporation invested in 57,961 shares. The firm also provides technology implementation services, such as application development, software product engineering, CRM and SAP implementation, content management, enterprise mobility, cloud computing, and social media solutions; systems consolidation and rationalization, technology migration and porting, and legacy application Web-enablement; data management, business intelligence, reporting and decision support, master data management, data integration, and big data analytics; and software quality assurance and managed testing services. 6,090 are held by Mastrapasqua Asset Management. Moreover, Great West Life Assurance Co Can has 0.06% invested in Intuit Inc. Strategic Svcs reported 0.7% in Johnson & Johnson (NYSE:JNJ). 215.12 million shares or 0.10% less from 215.33 million shares in 2017Q2 were reported. State Bank Of Montreal Can accumulated 438,167 shares. Viking Fund Mgmt Ltd Company has 85,000 shares. Oppenheimer Asset owns 8,187 shares. Nomura Holdings invested in 0.01% or 19,527 shares. It also reduced its holding in Intel Corp (NASDAQ:INTC) by 310,139 shares in the quarter, leaving it with 2.36 million shares, and cut its stake in Dun & Bradstreet Corp Del Ne (NYSE:DNB). Parallax Volatility Advisers Lp stated it has 21,198 shares or 0.01% of all its holdings. In that case, its shares would mark a 1% decline from the most recent price.

STATE STREET CORP lowered its stake in The Progressive Corporation (NYSE:PGR) by 1.28% during the September 2017 quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The company has a current ratio of 1.61, a quick ratio of 0.69 and a debt-to-equity ratio of 1.01. 128 funds opened positions while 644 raised stakes. 144.05 million shares or 0.63% more from 143.15 million shares in 2017Q2 were reported. Waratah Cap Limited holds 11,530 shares. Axa invested in 131,902 shares or 0.11% of the stock. D L Carlson Investment Group Inc reported 1.66% of its portfolio in Constellation Brands, Inc. Netherlands-based Shell Asset Mngmt Communication has invested 0.04% in Constellation Brands, Inc. Toronto Dominion Bank now owns 65,188 shares of the company's stock worth $13,000,000 after acquiring an additional 7,086 shares in the last quarter. Barclays Public Limited Com holds 0% or 46,929 shares. LONE PINE CAPITAL LLC also announced increased position in Constellation Brands, Inc. SunTrust upgraded the shares of STZ in report on Monday, March 14 to "Buy" rating. Americafirst Capital Management LLC purchased a new stake in Constellation Brands in the 3rd quarter worth about $706,000. Moreover, Atlas Browninc has 0.14% invested in Facebook, Inc. This represents a $2.08 dividend on an annualized basis and a yield of 0.96%. Massachusetts Financial Ma reported 0.12% stake. Arete Wealth Lc holds 0.19% of its portfolio in Facebook, Inc. Analysts, on average, seem bullish as they suggest STZ is worth $20.42 more, giving a target price of $239.47 a share.

Since August 1, 2017, it had 0 insider purchases, and 5 insider sales for $24.74 million activity. It seems that Constellation Brands, Inc. (NYSE:STZ) on Monday, October 9. (NYSE:STZ) shares were sold by FROMBERG BARRY A. Another trade for 12,517 shares valued at $2.47 million was made by Hackett William F. on Wednesday, August 23. Trexquant LP reported 0.34% in Constellation Brands, Inc. (NYSE:STZ) shares with value of $616,644 were sold by Newlands William A. Zacks Investment Research downgraded shares of Constellation Brands from a "buy" rating to a "hold" rating in a report on Monday, December 11th. Therefore 68% are positive. The stock has "Neutral" rating by Piper Jaffray on Wednesday, June 7. Royal Bank of Canada reissued a buy rating and issued a $226.00 price target on shares of Constellation Brands in a research note on Sunday, November 12th. Constellation Brands presently has a consensus rating of "Buy" and a consensus price target of $178.04. The firm has "Buy" rating by Stifel Nicolaus given on Friday, October 6. Constellation Brands had 74 analyst reports since August 27, 2015 according to SRatingsIntel. UBS has "Neutral" rating and $182 target. The rating was maintained by Argus Research with "Buy" on Friday, October 2. As per Thursday, January 7, the company rating was maintained by Pivotal Research. The company now has an average rating of "Buy" and a consensus target price of $229.00.

Other reports by Iphone Fresh

Discuss This Article