As Constellation Brands INC (STZ) Stock Value Rose, Holder Conatus Capital Management LP Trimmed Stake by $38.48 Million

July 18, 2017 - By Kurt Siggers

Investors sentiment is 0.98 in 2016 Q4. Its the same as in 2016Q3. It is without change, as 74 investors sold STZ shares while 244 reduced holdings. only 93 funds opened positions while 219 raised stakes. 144.26 million shares or 0.98% less from 145.68 million shares in 2016Q3 were reported. Connor Clark Lunn Inv Mngmt Limited reported 0.03% in Constellation Brands, Inc. (NYSE:STZ). Rainier Invest Management Ltd Company stated it has 0.92% in Constellation Brands, Inc. (NYSE:STZ). Scott Selber Inc holds 22,630 shares. 4,308 are owned by Cleararc. Rockefeller Fin Services holds 0% or 70 shares in its portfolio. Brant Point Management Limited has 20,725 shares. 20,750 are owned by Deltec Asset Mgmt Ltd Com. 5,724 were reported by Cadence Cap Management Ltd. Neuberger Berman Ltd stated it has 0.01% of its portfolio in Constellation Brands, Inc. (NYSE:STZ). 269,136 are owned by Retirement Of Alabama. Rnc Capital Mngmt Ltd Com holds 0.02% or 1,410 shares in its portfolio. Ubs Asset Americas reported 430,341 shares. Huntington Financial Bank accumulated 190,344 shares. The New York-based Qs Investors Limited Liability Company has invested 0% in Constellation Brands, Inc. (NYSE:STZ). Veritable LP invested in 3,333 shares or 0.01% of the stock.

David Stemerman decreased its stake in Constellation Brands Inc (STZ) by 33.38% based on its latest 2016Q4 regulatory filing with the SEC. Conatus Capital Management Lp sold 251,506 shares as the company’s stock rose 13.40% with the market. The hedge fund run by David Stemerman held 501,950 shares of the beverages (production and distribution) company at the end of 2016Q4, valued at $76.95 million, down from 753,456 at the end of the previous reported quarter. Conatus Capital Management Lp who had been investing in Constellation Brands Inc for a number of months, seems to be less bullish one the $38.12 billion market cap company. The stock decreased 0.87% or $1.72 on July 17, reaching $196.6. About shares traded. Constellation Brands, Inc. (NYSE:STZ) has risen 17.20% since July 18, 2016 and is uptrending. It has outperformed by 0.50% the S&P500.

More notable recent Constellation Brands, Inc. (NYSE:STZ) news were published by: Seekingalpha.com which released: “Constellation Brands: A Classic ‘Buy-The-Dip’ Stock” on July 11, 2017, also Nasdaq.com with their article: “Earnings Reaction History: Constellation Brands Inc., 45.5% Follow-Through …” published on June 29, 2017, Gurufocus.com published: “Vigilant Capital Management, LLC Buys Constellation Brands Inc, EOG Resources …” on July 14, 2017. More interesting news about Constellation Brands, Inc. (NYSE:STZ) were released by: Benzinga.com and their article: “Constellation Brands Sharply Higher After Q1 Beat” published on June 29, 2017 as well as Nasdaq.com‘s news article titled: “Constellation Brands Ahead of Industry: What’s Driving It?” with publication date: July 14, 2017.

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

Among 20 analysts covering Constellation Brands (NYSE:STZ), 14 have Buy rating, 0 Sell and 6 Hold. Therefore 70% are positive. Constellation Brands has $280 highest and $130 lowest target. $192.16’s average target is -2.26% below currents $196.6 stock price. Constellation Brands had 53 analyst reports since August 27, 2015 according to SRatingsIntel. RBC Capital Markets downgraded it to “Outperform” rating and $145.0 target in Tuesday, September 8 report. Bank of America upgraded the shares of STZ in report on Wednesday, January 4 to “Buy” rating. The rating was maintained by UBS with “Neutral” on Thursday, October 6. The rating was maintained by Cowen & Co with “Outperform” on Tuesday, April 11. The stock has “Buy” rating by Goldman Sachs on Thursday, April 7. The stock of Constellation Brands, Inc. (NYSE:STZ) has “Buy” rating given on Friday, June 30 by RBC Capital Markets. The firm has “Outperform” rating given on Friday, April 7 by RBC Capital Markets. JP Morgan maintained the shares of STZ in report on Thursday, April 7 with “Neutral” rating. SunTrust upgraded Constellation Brands, Inc. (NYSE:STZ) on Monday, March 14 to “Buy” rating. The firm has “Neutral” rating given on Monday, April 11 by Citigroup.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.