Constellation Brands INC (STZ) Shares Declined While Edgestream Partners LP Has Cut Position by $3.20 Million

April 20, 2018 - By Dolores Ford

Investors sentiment increased to 1.24 in 2017 Q4. Its up 0.10, from 1.14 in 2017Q3. It increased, as 43 investors sold STZ shares while 243 reduced holdings. 97 funds opened positions while 257 raised stakes. 140.30 million shares or 2.61% less from 144.05 million shares in 2017Q3 were reported. Brighton Jones Limited Liability Company holds 0.04% of its portfolio in Constellation Brands, Inc. (NYSE:STZ) for 1,358 shares. Aqr Capital Mngmt Limited Liability Corp stated it has 0.17% in Constellation Brands, Inc. (NYSE:STZ). Financial Bank Of America Corp De has invested 0.07% in Constellation Brands, Inc. (NYSE:STZ). 1,803 are owned by Highland Capital Mngmt Ltd Limited Liability Company. Graham Capital Mngmt Lp accumulated 4,550 shares. Cornerstone Advisors has invested 0.29% in Constellation Brands, Inc. (NYSE:STZ). Spinnaker Tru stated it has 0.37% in Constellation Brands, Inc. (NYSE:STZ). Smith Graham And Co Invest Advisors LP holds 19,128 shares or 0.41% of its portfolio. Peak6 LP stated it has 0.05% in Constellation Brands, Inc. (NYSE:STZ). Atria Invs Ltd Com reported 0.02% stake. Bessemer Gru has invested 0% of its portfolio in Constellation Brands, Inc. (NYSE:STZ). -based Farr Miller & Washington Lc Dc has invested 0.05% in Constellation Brands, Inc. (NYSE:STZ). 12,522 are held by Sumitomo Mitsui Asset Mngmt Limited. Three Peaks Management Ltd Limited Liability Company has invested 1.54% in Constellation Brands, Inc. (NYSE:STZ). Hermes Management Ltd holds 41,415 shares or 0.14% of its portfolio.

Since January 30, 2018, it had 0 buys, and 3 selling transactions for $5.22 million activity. 17,900 Constellation Brands, Inc. (NYSE:STZ) shares with value of $4.09 million were sold by Klein David Eric.

Edgestream Partners Lp decreased its stake in Constellation Brands Inc (STZ) by 80.88% based on its latest 2017Q4 regulatory filing with the SEC. Edgestream Partners Lp sold 14,023 shares as the company’s stock declined 2.39% with the market. The hedge fund held 3,314 shares of the beverages (production and distribution) company at the end of 2017Q4, valued at $757,000, down from 17,337 at the end of the previous reported quarter. Edgestream Partners Lp who had been investing in Constellation Brands Inc for a number of months, seems to be less bullish one the $44.34B market cap company. The stock decreased 0.89% or $2.04 during the last trading session, reaching $227.58. About 1.14 million shares traded. Constellation Brands, Inc. (NYSE:STZ) has risen 33.47% since April 20, 2017 and is uptrending. It has outperformed by 21.92% the S&P500.

Analysts await Constellation Brands, Inc. (NYSE:STZ) to report earnings on July, 5. They expect $2.49 EPS, up 6.41 % or $0.15 from last year’s $2.34 per share. STZ’s profit will be $485.14 million for 22.85 P/E if the $2.49 EPS becomes a reality. After $1.90 actual EPS reported by Constellation Brands, Inc. for the previous quarter, Wall Street now forecasts 31.05 % EPS growth.

Constellation Brands, Inc. (NYSE:STZ) Ratings Coverage

Among 11 analysts covering Constellation Brands Inc (NYSE:STZ), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. Constellation Brands Inc had 16 analyst reports since November 10, 2017 according to SRatingsIntel. The firm earned “Buy” rating on Monday, April 16 by Morgan Stanley. The firm earned “Buy” rating on Friday, November 10 by RBC Capital Markets. The firm has “Hold” rating given on Monday, January 8 by Credit Suisse. Stifel Nicolaus downgraded the shares of STZ in report on Tuesday, April 3 to “Hold” rating. The stock of Constellation Brands, Inc. (NYSE:STZ) has “Buy” rating given on Friday, March 23 by Deutsche Bank. The firm has “Buy” rating by BMO Capital Markets given on Monday, February 5. Cowen & Co maintained the shares of STZ in report on Thursday, March 29 with “Buy” rating. RBC Capital Markets maintained the shares of STZ in report on Thursday, December 21 with “Buy” rating. The rating was maintained by SunTrust with “Buy” on Thursday, March 29. The stock has “Buy” rating by RBC Capital Markets on Monday, April 2.

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

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