Dupont Capital Management Corp lessened its stake in shares of Constellation Brands Inc (NYSE:STZ) by 9.three% throughout the third quarter, based on its most up-to-date submitting with the Securities & Exchange Commission. The agency owned 90,567 shares of the corporate’s inventory after promoting 9,272 shares throughout the interval. Dupont Capital Management Corp’s holdings in Constellation Brands have been price $18,064,000 on the finish of the latest reporting interval.
Quite a few different hedge funds have additionally made adjustments to their positions in STZ. Oppenheimer Asset Management Inc. elevated its stake in Constellation Brands by 50.three% throughout the 2nd quarter. Oppenheimer Asset Management Inc. now owns 577 shares of the corporate’s inventory valued at $112,000 after buying a further 193 shares within the final quarter. North Star Investment Management Corp. grew its stake in shares of Constellation Brands by 11.6% within the 2nd quarter. North Star Investment Management Corp. now owns 748 shares of the corporate’s inventory price $145,000 after buying a further 78 shares within the final quarter. Hanson McClain Inc. grew its stake in shares of Constellation Brands by zero.four% within the 2nd quarter. Hanson McClain Inc. now owns 772 shares of the corporate’s inventory price $149,000 after buying a further three shares within the final quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. grew its stake in shares of Constellation Brands by 609.1% within the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 780 shares of the corporate’s inventory price $151,000 after buying a further 670 shares within the final quarter. Finally, Acrospire Investment Management LLC grew its stake in shares of Constellation Brands by 100.zero% within the 2nd quarter. Acrospire Investment Management LLC now owns 800 shares of the corporate’s inventory price $155,000 after buying a further 400 shares within the final quarter. Institutional buyers and hedge funds personal 75.08% of the corporate’s inventory.
Several badysts have lately issued experiences on STZ shares. Macquarie began protection on shares of Constellation Brands in a badysis word on Thursday, September 14th. They issued an “outperform” score and a $227.00 goal value for the corporate. Royal Bank Of Canada restated a “buy” score and set a $220.00 value goal on shares of Constellation Brands in a badysis report on Wednesday, August 2nd. J P Morgan Chase & Co restated an “overweight” score and set a $237.00 value goal (up beforehand from $220.00) on shares of Constellation Brands in a badysis report on Friday, October sixth. Susquehanna Bancshares Inc set a $200.00 value goal on shares of Constellation Brands and gave the corporate a “hold” score in a badysis report on Thursday, October fifth. Finally, Wells Fargo & Company reaffirmed an “outperform” score and set a $216.00 value goal (up from $215.00) on shares of Constellation Brands in a report on Saturday, July 22nd. One funding badyst has rated the inventory with a promote score, six have badigned a maintain score, 13 have given a purchase score and one has issued a powerful purchase score to the corporate’s inventory. Constellation Brands has a consensus score of “Buy” and a mean goal value of $216.00.
In different Constellation Brands information, EVP William F. Hackett offered 12,517 shares of the enterprise’s inventory in a transaction dated Wednesday, August 23rd. The inventory was offered at a mean value of $197.00, for a complete transaction of $2,465,849.00. The transaction was disclosed in a submitting with the Securities & Exchange Commission, which is accessible by this hyperlink. Also, VP Thomas J. Mullin offered 50,000 shares of the enterprise’s inventory in a transaction dated Monday, October 16th. The shares have been offered at a mean value of $209.45, for a complete worth of $10,472,500.00. The disclosure for this sale might be discovered right here. Insiders offered a complete of 86,179 shares of firm inventory valued at $18,zero30,434 over the past quarter. 15.59% of the inventory is owned by company insiders.
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Shares of Constellation Brands Inc (NYSE STZ) traded up $zero.54 throughout buying and selling on Friday, reaching $218.67. The firm’s inventory had a buying and selling quantity of 672,100 shares, in comparison with its common quantity of 1,161,551. The firm has a debt-to-equity ratio of 1.01, a present ratio of 1.61 and a fast ratio of zero.69. The inventory has a market capitalization of $42,773.38, a price-to-earnings ratio of 26.51, a P/E/G ratio of 1.41 and a beta of zero.10. Constellation Brands Inc has a fifty-two week low of $144.00 and a fifty-two week excessive of $219.56.
Constellation Brands (NYSE:STZ) final introduced its quarterly earnings information on Thursday, October fifth. The firm reported $2.47 EPS for the quarter, beating the consensus estimate of $2.17 by $zero.30. The enterprise had income of $2.08 billion throughout the quarter, in comparison with badyst estimates of $2.06 billion. Constellation Brands had a return on fairness of 22.81% and a internet margin of 21.47%. The firm’s income for the quarter was up three.1% on a year-over-year foundation. During the identical quarter final 12 months, the agency posted $1.77 earnings per share. equities badysts count on that Constellation Brands Inc will put up eight.43 EPS for the present 12 months.
The enterprise additionally lately declared a quarterly dividend, which will probably be paid on Tuesday, November 21st. Stockholders of report on Tuesday, November seventh will probably be given a $zero.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of zero.95%. The ex-dividend date is Monday, November sixth. Constellation Brands’s dividend payout ratio is presently 23.85%.
Constellation Brands Company Profile
Constellation Brands, Inc is a world beverage alcohol firm. The Company is a producer and marketer of beer, wine and spirits with operations within the United States, Canada, Mexico, New Zealand and Italy. Its segments embody Beer, Wine and Spirits, and Corporate Operations and Other. It is a multi-category provider (beer, wine and spirits) of beverage alcohol within the United States.
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