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Constellation Brands (NYSE:STZ) Announces Earnings Results

January 23, 2018 16:24·

The company reported $2.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.98 by $0.36.

Constellation Brands Inc (NYSE:STZ) traded up 0.07% during mid-day trading on Friday, hitting $194.59. It has outperformed by 0.50% the S&P500.

Seatown Holdings increased Microsoft Corp (MSFT) stake by 5.67% reported in 2017Q3 SEC filing. WFG Advisors LP now owns 1,364 shares of the company's stock valued at $264,000 after buying an additional 93 shares during the last quarter. The institutional investor held 4,000 shares of the beverages (production and distribution) company at the end of 2017Q3, valued at $60,000, down from 81,600 at the end of the previous reported quarter. Farallon Capital Management Llc who had been investing in Liberty Global Plc for a number of months, seems to be less bullish one the $35.69 billion market cap company. The stock increased 0.46% or $0.1 during the last trading session, reaching $22. About 1.70 million shares traded or 4.94% up from the average. It has outperformed by 4.40% the S&P500.

Investors sentiment decreased to 1.14 in 2017 Q3. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.54 and a current ratio of 1.40. It worsened, as 40 investors sold STZ shares while 242 reduced holdings. 79 funds opened positions while 243 raised stakes. Lenox Wealth Mgmt accumulated 10,188 shares.

Another recent and important Ambac Financial Group, Inc. (NYSE:STZ) or 50,000 shares. Newbrook Capital Lp invested 8.2% in Constellation Brands, Inc. (NYSE:STZ) for 41,071 shares. Vident Advisory Ltd Limited Liability Company has 8,035 shares. Utah Retirement System holds 0.87% or 1.60M shares. Numeric Investors LLC increased its stake in Constellation Brands by 2,217.6% in the 2nd quarter. See Constellation Brands, Inc. (NYSE:STZ). Amer National Registered Invest Advisor owns 5,165 shares or 0.52% of their USA portfolio. Whittier Trust Of Nevada holds 0% of its portfolio in Constellation Brands, Inc. (NYSE:STZ) for 75 shares. Zeke Advsrs Ltd reported 3,685 shares. Thrivent Financial for Lutherans now owns 6,210 shares of the company's stock valued at $952,000 after buying an additional 380 shares in the last quarter. (NYSE:STZ) shares. Newlands William A sold 2,935 shares worth $616,644. One analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Stephens Ar has 0.01% invested in Constellation Brands, Inc.

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Constellation Brands, Inc., together with its subsidiaries, produces, imports, and markets beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. (NYSE:STZ) for 2,975 shares.

First National Bank Of Hutchinson, which manages about $160.65 million US Long portfolio, decreased its stake in Mettler Toledo International Inc (NYSE:MTD) by 642 shares to 1,271 shares, valued at $813,000 in 2017Q3, according to the filing. The correct version of this report can be viewed at https://stocknewstimes.com/2018/01/23/livforsakringsbolaget-skandia-omsesidigt-sells-800-shares-of-constellation-brands-inc-stz.html. Therefore 68% are positive. The stock has "Buy" rating by Cowen & Co on Thursday, October 5. RBC Capital Markets maintained the shares of STZ in report on Friday, November 10 with "Buy" rating. The stock has "Outperform" rating by Wells Fargo on Tuesday, April 5. The firm earned "Buy" rating on Monday, November 7 by Wunderlich. WFG Advisors LP raised its stake in Constellation Brands by 7.3% during the second quarter. The firm has "Buy" rating by Stifel Nicolaus given on Friday, June 30. On Friday, October 13 MULLIN THOMAS J sold $10.47 million worth of Constellation Brands, Inc. The stock has "Hold" rating by Credit Suisse on Thursday, June 29. On Thursday, April 6 the stock rating was maintained by Pivotal Research with "Buy".

Among 18 analysts covering TD Ameritrade (NYSE:AMTD), 8 have Buy rating, 0 Sell and 10 Hold. Therefore 83% are positive. On Thursday, August 27 the stock rating was maintained by Stifel Nicolaus with "Buy". The stock of TD Ameritrade Holding Corporation (NASDAQ:AMTD) has "Hold" rating given on Tuesday, September 12 by Keefe Bruyette & Woods. The stock has "Buy" rating by Alembic on Thursday, July 27. UBS initiated it with "Neutral" rating and $152 target in Tuesday, December 15 report. Credit Suisse Group set a $182.00 price target on shares of Constellation Brands and gave the stock a "hold" rating in a report on Saturday, April 8th. As per Tuesday, September 19, the company rating was maintained by UBS. The stock has "Sell" rating by Goldman Sachs on Wednesday, January 13.

Analysts await Huntsman Corporation (NYSE:HUN) to report earnings on February, 21. NYT's profit will be $48.65M for 18.33 P/E if the $0.30 EPS becomes a reality. After $0.67 actual EPS reported by Huntsman Corporation for the previous quarter, Wall Street now forecasts -5.97% negative EPS growth.

Investors sentiment decreased to 1.02 in 2017 Q3. Its up 0.56, from 0.86 in 2017Q2. Commerzbank Aktiengesellschaft Fi reported 0.07% of its portfolio in Constellation Brands, Inc. Hancock Holdg Communications reported 28,333 shares or 0.06% of all its holdings. The Minnesota-based Advantus Mngmt Inc has invested 0.02% in First American Financial Corporation (NYSE:FAF). It also upped Valero Energy Corp (NYSE:VLO) stake by 128,147 shares and now owns 1.48 million shares. Eqis Mgmt holds 0.02% or 22,841 shares in its portfolio. Natixis has 24,222 shares for 0% of their portfolio. Ifc Fl holds 0.16% or 94,590 shares. D E Shaw And has invested 0.03% in Huntsman Corporation (NYSE:HUN). Brant Point Invest Management Limited Liability Corp invested in 0.25% or 156,958 shares. 402,431 are owned by Wellington Management Group Llp. Hutchin Hill Limited Partnership holds 38,000 shares. (NYSE:STZ). Chicago Equity Prtn Ltd Liability holds 0.05% or 7,265 shares in its portfolio. Dean Investment Associate Limited invested 0.1% of its portfolio in Commerce Bancshares, Inc. Chickasaw Cap Limited Liability Corporation invested 0.04% in General Electric Company (NYSE:GE). Murphy Cap invested in 2,160 shares.

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