Constellation Brands, Inc. (NYSE:STZ) Trading Up - Short interest grew by 12.88%

Constellation Brands Inc
At Bancorp Has Boosted Its Constellation Brands (STZ) Stake; 4 Bullish Analysts Covering Natural Gas Services Group ...
Author

10 September, 2017

The Conatus Capital Management Lp holds 501,950 shares with $76.95M value, down from 753,456 last quarter.

The stock increased 1.49% or $1.16 during the last trading session, reaching $78.82.

Company shares last traded at $202.56 barely above $196.88, the 50 day moving average and impressively higher than the 200 day moving average of $180.54. Live Nation Entertainment, Inc. (NYSE:STZ) news were published by: Reuters.com which released: "BRIEF-Craft Brewer Funky Buddha joins Constellation Brands" on August 10, 2017, also Nasdaq.com with their article: "Craft Brewer Funky Buddha Joins Constellation Brands" published on August 10, 2017, Nasdaq.com published: "3 Reasons Why Constellation Brands (STZ) Seeks Your Attention" on August 15, 2017. It has outperformed by 4.72% the S&P500. Segall Bryant & Hamill LLC bought a new stake in Constellation Brands during the second quarter valued at $215,000. Egerton Capital UK LLP now owns 2,717,567 shares of the company's stock valued at $526,474,000 after purchasing an additional 231,984 shares in the last quarter. Cobblestone Cap Advisors Limited Co Ny has invested 0.08% in Constellation Brands, Inc. The company has market cap of $39.96 billion. The stock rose 0.35% or $0.71 reaching $202.92.

Constellation Brands (NYSE:STZ) last posted its quarterly earnings results on Thursday, June 29th. It has outperformed by 0.50% the S&P500. (NYSE:STZ). Veritable Lp stated it has 0.01% in Constellation Brands, Inc. (NYSE:STZ) to report earnings on October, 4. STZ's profit would be $420.76 million giving it 23.40 P/E if the $2.16 EPS is correct. Equities research analysts predict that Constellation Brands Inc will post $8.18 earnings per share for the current year. Investors of record on Wednesday, August 9th were paid a $0.52 dividend. Its the same as in 2016Q3.

Recently analysts working for various investment brokerages have changed their ratings and price targets on shares of Constellation Brands Inc (NYSE:STZ). The dividend was $0.520 per share for the quarter or $2.08 on an annualized basis. Franklin Resources Inc. owned approximately 0.59% of Constellation Brands worth $221,410,000 as of its most recent filing with the SEC. Johnson stated it has 0.01% in Constellation Brands, Inc. Constellation Brands, Inc. (NYSE:STZ) has risen 17.20% since September 9, 2016 and is uptrending. Moreover, Westfield Cap Management LP has 0.94% invested in Constellation Brands, Inc. (NYSE:RMD) for 436,900 shares. Lone Pine Ltd holds 5.11% or 6.38M shares. Mark Sheptoff Planning Llc has invested 1.76% in Constellation Brands, Inc. 2,303 are owned by Tiemann Invest Advisors Ltd Liability.

ResMed Inc.is a holding company. BlackRock Inc. grew its stake in Constellation Brands by 3,310.4% in the 1st quarter. Symphony Asset Ltd Co owns 15,627 shares or 0.25% of their USA portfolio. Bank Of Mellon Corp has invested 0.03% of its portfolio in VCA Inc (NASDAQ:WOOF). Ltd. boosted its holdings in shares of Constellation Brands by 609.1% during the second quarter.

Among 18 analysts covering PepsiCo (NYSE:PEP), 9 have Buy rating, 0 Sell and 9 Hold. Therefore 65% are positive. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $220.00 price objective (up previously from $205.00) on shares of Constellation Brands in a report on Friday, June 30th. RBC Capital Markets maintained Constellation Brands, Inc. UBS has "Buy" rating and $108 target. As per Wednesday, August 2, the company rating was maintained by Cowen & Co. (NYSE:STZ) on Tuesday, April 11 with "Outperform" rating. The firm has "Buy" rating by Stifel Nicolaus given on Friday, January 8. (NYSE:STZ) has "Overweight" rating given on Thursday, December 17 by Barclays Capital. (NYSE:STZ). Peapack Gladstone Financial has invested 0% in Constellation Brands, Inc. (NYSE:STZ) earned "Outperform" rating by RBC Capital Markets on Friday, April 7.

06/29/2017 - Constellation Brands Inc had its "buy" rating reiterated by analysts at Pivotal Research. The rating was maintained by Argus Research with "Buy" on Monday, January 11. The firm has "Corporate" rating given on Wednesday, September 16 by FinnCap. (NYSE:STZ) earned "Outperform" rating by RBC Capital Markets on Friday, April 7.

Investors are a little more bearish on shares of Constellation Brands, Inc. of late at least if you consider the increase in short interest. Its up 0.43, from 1 in 2016Q3. 2,000 shares were sold by Hayes Robin, worth $43,520.

A number of hedge funds have recently added to or reduced their stakes in STZ. Teachers Retirement Systems Of The State Of Kentucky holds 22,100 shares. Also, VP Thomas Michael Kane sold 4,940 shares of the company's stock in a transaction dated Friday, July 7th. (NYSE:STZ). Barrett Asset Management Limited Liability Co invested in 115 shares. Colony Gru stated it has 71,550 shares. (WOOF) stake by 16.75% reported in 2016Q4 SEC filing. Invesco invested in 737,377 shares or 0.04% of the stock. About 4.82M shares traded or 66.78% up from the average. Perkins Coie Tru holds 190 shares or 0.02% of its portfolio. (NYSE:PEP) for 15,115 shares. Wells Fargo & Mn reported 176,971 shares stake. Hikari Tsushin Incorporated holds 0.28% or 7,975 shares. Wellington Management Group Limited Liability Partnership, Massachusetts-based fund reported 1.40 million shares. Commonwealth Of Pennsylvania Public School Empls Retrmt Systems reported 0.02% in JetBlue Airways Corporation (NASDAQ:JBLU).

ILLEGAL ACTIVITY NOTICE: "Eagle Asset Management Inc". (NYSE:PEP) news were published by: Fool.com which released: "Better Buy: Procter & Gamble Co vs. PepsiCo, Inc." on August 26, 2017, also Bloomberg.com with their article: "Coca-Cola Wins Arby's Away From PepsiCo in Latest Showdown" published on August 17, 2017, Seekingalpha.com published: "Credit Suisse cautious on PepsiCo" on September 08, 2017. The firm has "Sell" rating given on Monday, August 10 by Zacks.

Constellation Brands Incorporated (NYSE:STZ) had a decrease of 10% in short interest. Mufg Americas Holdings Corp invested 0% in Natural Gas Services Group, Inc.


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