Published: Sun, January 14, 2018
Business | By Tara Barton

Traders Buy Constellation Brands (STZ) on Weakness

Welch Group Llc decreased its stake in Pfizer Incorporated (PFE) by 71.88% based on its latest 2017Q3 regulatory filing with the SEC. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. (NYSE:STZ) or 2,500 shares. The stock decreased 0.05% or $0.02 during the last trading session, reaching $36.54.

15 analysts on average are expecting Constellation Brands report earnings of $2.55 per share for the current quarter. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since January 12, 2017 and is uptrending. It has underperformed by 12.15% the S&P500.

According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2.1 out of the scale from 1 to 5 where 1 stands for Buy and 5 means Sell. Another trade for 54,834 shares valued at $10.66 million was made by MULLIN THOMAS J on Tuesday, August 1. Hackett William F. sold $2.47 million worth of Constellation Brands, Inc. The insider Newlands William A sold $616,644.

If RVOL is less than 1 it is not In Play on this trading day and Investors may decide not to trade it. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.69 and a current ratio of 1.61. It dropped, as 40 investors sold STZ shares while 242 reduced holdings. 144.05 million shares or 0.63% more from 143.15 million shares in 2017Q2 were reported. Cypress Cap Management Ltd Liability Company (Wy) holds 6,058 shares or 1.43% of its portfolio. Northern Corp reported 0.1% stake. 193,667 are owned by Mirae Asset Global Investments Comm Ltd. Logan Cap Management invested in 1.15% or 80,507 shares. The firm has a market cap of $42,651.23, a P/E ratio of 23.69, a P/E/G ratio of 1.35 and a beta of 0.08. Endurance Wealth Mgmt reported 100 shares. Creative Planning reported 19,384 shares. Tiedemann Wealth Mngmt Lc accumulated 0.47% or 24,766 shares. According to the most recent data, Constellation Brands, Inc. has a 52-week high of $229.50 and a 52-week low of $146.71. The NYSE-listed company saw a recent bid of $55.66 on volume of 2.09 million shares. Moreover, Eminence Lp has 2.23% invested in Constellation Brands, Inc. Ontario - Canada-based Mackenzie Corporation has invested 0% in Constellation Brands, Inc. Kornitzer Capital Mgmt Ks holds 0.05% or 13,575 shares in its portfolio. Vanguard holds 0.11% in Constellation Brands, Inc. It also increased its holding in Hilton Grand Vacations Inc by 283,064 shares in the quarter, for a total of 536,937 shares, and has risen its stake in Hudson Pac Pptys Inc (NYSE:HPP).

Kimberly-Clark Corporation (KMB) Shares Sold by Thomaspartners Inc
Average Revenue Estimate of the company for the current Fiscal Quarter is $839.25 Million, according to consensus of 10 analysts. Elizabeth Park Capital Advisors Ltd sold 30,761 shares as the company's stock declined 3.89% while stock markets rallied.

Roffman Miller Associates Inc, which manages about $833.24 million and $758.50 million US Long portfolio, decreased its stake in Technipfmc by 11,995 shares to 27,288 shares, valued at $762,000 in 2017Q3, according to the filing. It also reduced its holding in Posco (NYSE:PKX) by 321,049 shares in the quarter, leaving it with 66,776 shares, and cut its stake in Wpx Energy Inc (NYSE:WPX). One analyst has rated the stock with a sell rating, six have assigned a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company's stock. Therefore 68% are positive. Finally, Susquehanna Bancshares Inc set a $160.00 price target on Constellation Brands and gave the company a "hold" rating in a research report on Tuesday, January 3rd. (NYSE:STZ) rating on Friday, June 9. Stifel Nicolaus maintained the shares of STZ in report on Thursday, August 27 with "Buy" rating. The rating was maintained by KeyBanc Capital Markets on Thursday, June 29 with "Hold". The rating was maintained by Needham with "Buy" on Thursday, July 30. The firm now has an "outperform" rating on the stock. Peapack Gladstone Fin stated it has 0.07% in Constellation Brands, Inc. (NYSE:STZ) on Tuesday, October 10. The firm earned "Buy" rating on Friday, June 16 by Wood. The firm has "Buy" rating by Wells Fargo given on Tuesday, October 10. (NYSE:STZ) has "Buy" rating given on Monday, January 11 by Argus Research. Therefore 92% are positive. Meta Financial Group had 14 analyst reports since October 13, 2015 according to SRatingsIntel.

Sound Shore Management Inc increased Pfizer Inc. Citigroup maintained the stock with "Neutral" rating in Wednesday, August 31 report. The stock of Pfizer Inc. (NASDAQ:REIT) earned "Overweight" rating by JP Morgan on Thursday, November 2. Nomura maintained the stock with "Buy" rating in Thursday, April 28 report. 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. On Monday, January 25 the stock rating was initiated by Atlantic Securities with "Overweight". Credit Suisse has "Hold" rating and $226.0 target. BMO Capital Markets maintained Pfizer Inc. The firm earned "Buy" rating on Thursday, January 7 by Pivotal Research. The company was downgraded on Monday, July 24 by Goldman Sachs. When we look at the Volatility of the company, Week Volatility is at 2.31% whereas Month Volatility is at 1.71%. Jefferies maintained Pfizer Inc. Shares for $501,183 were sold by Meyers Charles J on Friday, September 1. The firm has "Outperform" rating given on Tuesday, September 8 by RBC Capital Markets. The company was maintained on Thursday, April 7 by Barclays Capital. The Burney Co holds 39,270 shares with $6.63 million value, up from 32,808 last quarter. During the same quarter in the previous year, the business posted $1.96 EPS. analysts predict that Constellation Brands will post 8.53 earnings per share for the current year. After $0.67 actual EPS reported by Pfizer Inc. for the previous quarter, Wall Street now forecasts -16.42% negative EPS growth.

Investors sentiment increased to 2.94 in Q3 2017. Its up 0.02, from 0.94 in 2017Q2.

Want to see what other hedge funds are holding STZ? Moreover, Atlas Browninc has 0.14% invested in Facebook, Inc. (NYSE:PFE). Stephens Ar, a Arkansas-based fund reported 404,778 shares. Aviva Public holds 261,674 shares. Nationwide Fund Advsr owns 29,635 shares. South Street Advisors Llc bought 49,982 shares as the company's stock declined 7.30% while stock markets rallied. Amica Pension Fund Board Of Trustees holds 248,208 shares. Ahl Limited Liability Partnership holds 0.04% or 10,619 shares.

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