Would You Buy Constellation Brands Inc (NYSE:STZ) On These Analyst Ratings?

Posted July 01, 2017

Westfield Cap Mgmt Lp invested 0.94% in Constellation Brands, Inc.

Several other large investors have also added to or reduced their stakes in STZ.

Shares of the company (NYSE: STZ and STZ.B) were trading at $194.11 Thursday afternoon, up almost 6 percent from Wednesday's close.

04/07/2017 - Constellation Brands Inc had its "buy" rating reiterated by analysts at Stifel Nicolaus. Moreover, Glenmede Na has 0% invested in Constellation Brands, Inc. Rathbone Brothers plc boosted its position in shares of Constellation Brands by 1.4% in the first quarter. State Street Corporation holds 0% of its portfolio in City Holding Company (NASDAQ:CHCO) for 427,696 shares. Capstone Investment Advisors LLC bought a new stake in Constellation Brands during the fourth quarter valued at about $2,514,000. Constellation Brands, Inc. (NYSE:STZ) has a market cap of $35.83 billion and over the last 12 months, STZ has gone stronger by 16.51%. About 675,136 shares traded. (NYSE:STZ). Metropolitan Life Ins Ny reported 0.1% of its portfolio in Constellation Brands, Inc. The company reported $1.48 earnings per share for the quarter, beating the consensus estimate of $1.36 by $0.12. The company had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.95 billion. Constellation Brands had a return on equity of 19.69% and a net margin of 19.04%. Barclays Capital downgraded the stock to "Equal Weight" rating in Thursday, January 19 report. On average, equities research analysts predict that Constellation Brands Inc will post $8.03 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 23rd. This represents a $2.08 dividend on an annualized basis and a yield of 1.08%. Huntington Financial Bank reported 0% in InnerWorkings, Inc. (NYSE:STZ). Brown Brothers Harriman has 0% invested in Constellation Brands, Inc. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of United States and worldwide copyright & trademark legislation. Constellation increased its earnings per share forecast for fiscal 2018 to $7.80 to $8.10.

A number of research firms recently commented on STZ. Royal Bank Of Canada reiterated an "outperform" rating and issued a $205.00 target price (up previously from $183.00) on shares of Constellation Brands in a research report on Friday, April 7th. Constellation Brands presently has a consensus rating of "Buy" and an average price target of $188.87. Analysts surveyed by Zacks Investment Research expected earnings of $1.98 a share on revenues of $1.95 billion. Shares of Investors Bancorp, Inc. Finally, OTR Global lowered Constellation Brands to a "positive" rating in a report on Tuesday, March 28th.

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Among 3 analysts covering Innerworkings (NASDAQ:INWK), 3 have Buy rating, 0 Sell and 0 Hold. The RSI computes momentum as the ratio of higher closes to lower closes: stocks which have had more or stronger positive changes have a higher RSI than stocks which have had more or stronger negative changes.

In other Constellation Brands news, EVP David Eric Klein sold 14,350 shares of the stock in a transaction that occurred on Tuesday, April 18th. The day's total volume of 4755021 this morning is in contrast from the three-month daily average of 1349.18K. Following the completion of the sale, the director now directly owns 21,520 shares in the company, valued at approximately $3,659,045.60.

Drw Securities Llc increased its stake in Intercontinental Exchange In (ICE) by 400% based on its latest 2016Q4 regulatory filing with the SEC. The average analysts gave this company a mean recommendation of 2.10. The stock was sold at an average price of $170.03, for a total value of $119,021.00. The disclosure for this sale can be found here.

The shares performance of MSFT was -1.93% for the last one month and -2.52% in the previous week, whereas year to date performance was calculated 10.22%. Next Fincl Grp Incorporated owns 1,705 shares.

More notable recent Constellation Brands, Inc. The Business's segments include Beer, Wine and Spirits, and Corporate Operations and Other.

In fact, the alcoholic beverage giant continues to dominate the beer market with its portfolio of high-end brands.