Constellation Brands (STZ) Upgraded by Zacks Investment Research to Buy

Jeannie Matthews
January 12, 2018

About 825,695 shares traded. Twenty-First Century Fox, Inc. Constellation Brands, Inc. (NYSE:STZ) has risen 17.20% since January 11, 2017 and is uptrending. It has underperformed by 19.60% the S&P500.The move comes after 7 months negative chart setup for the $65.62B company. It was reported on Jan, 11 by The Return on Assets for Constellation Brands, Inc. Suvretta Capital Management Llc sold 1.58M shares as Constellation Brands Inc (Call) (STZ)'s stock rose 13.40%. Stifel Nicolaus maintained Constellation Brands, Inc. On Thursday, June 1 the stock rating was maintained by Keefe Bruyette & Woods with "Buy". (NASDAQ:ODP) valuations. The stock trades on a P/S of 0.17, which suggests that the shares are attractive compared with peers. Susquehanna Bancshares reiterated a "neutral" rating and issued a $193.00 target price (up from $169.00) on shares of Constellation Brands in a report on Monday, October 2nd. It has outperformed by 0.50% the S&P500.

Investors sentiment decreased to 1.14 in 2017 Q3. The company has a market capitalization of $42,840.00, a price-to-earnings ratio of 26.65, a P/E/G ratio of 1.42 and a beta of 0.08. It turned negative, as 40 investors sold STZ shares while 242 reduced holdings. 20 funds opened positions while 58 raised stakes. The hedge fund run by Michael Lowenstein held 5.72M shares of the beverages (production and distribution) company at the end of 2017Q3, valued at $1.14 billion, down from 5.76 million at the end of the previous reported quarter. 131,902 were accumulated by Axa. Texas-based E&G Advsrs Limited Partnership has invested 0.21% in Constellation Brands, Inc. Benjamin F Edwards & holds 0% or 200 shares in its portfolio. (NYSE:STZ) or 2,500 shares. Commerzbank Aktiengesellschaft Fi reported 27,761 shares stake. Brown Advisory has invested 0% in Constellation Brands, Inc. The figure tells us what earnings were generated from invested capital of Constellation Brands, Inc. Howland Capital Mgmt Ltd Liability Co reported 0.07% stake.

Here's what's interesting to note about Constellation Brands, Inc. Moreover, Regent Invest Management Ltd Liability Corporation has 0.05% invested in American Midstream Partners, LP (NYSE:AMID). The firm owned 34,512,051 shares of the company's stock after buying an additional 597,657 shares during the period. (NASDAQ:FB). Partner Fund Mngmt LP accumulated 588,286 shares.

In other news, VP Thomas J. Mullin sold 18,227 shares of Constellation Brands stock in a transaction dated Wednesday, November 8th. (NYSE:STZ) for 6,353 shares. First National Trust holds 162,900 shares.

Constellation Brands, Inc is an global beverage alcohol company. (NYSE:STZ) for 212 shares. State Of New Jersey Common Pension Fund D has invested 0.1% in Constellation Brands, Inc.

Since August 1, 2017, it had 0 insider purchases, and 5 insider sales for $24.74 million activity. Also, VP Thomas J. Mullin sold 50,000 shares of Constellation Brands stock in a transaction dated Monday, October 16th. BlackRock Inc. now owns 11,708,547 shares of the company's stock worth $2,268,295,000 after buying an additional 103,312 shares during the period. Another trade for 2,500 shares valued at $520,000 was made by FROMBERG BARRY A on Tuesday, October 10. Fmr Lc owns 1.39 million shares.

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Constellation Brands (NYSE:STZ) last posted its earnings results on Friday, January 5th. Therefore 87% are positive. Facebook had 216 analyst reports since July 21, 2015 according to SRatingsIntel. Finally, Wells Fargo & Co lifted their price target on Constellation Brands from $235.00 to $260.00 and gave the company an "outperform" rating in a report on Thursday, January 4th. While talking about Performance of the Stock, Constellation Brands Inc. now has a Weekly performance of -1.98%, monthly performance percentage is 2.41 percent, Quarterly performance is 6.67 percent, 6 months performance shows a percent value of 14.54% and Yearly Performance is 47.79 percent. (NYSE:STZ) on weakness during trading hours on Wednesday. The Volatility 3m of Constellation Brands, Inc. (NYSE:STZ) on Thursday, October 6 with "Neutral" rating. The firm has "Neutral" rating by UBS given on Tuesday, December 15. One investment analyst has rated the stock with a sell recommendation, six have issued a hold recommendation, fifteen have given a buy recommendation and one has assigned a strong buy recommendation to the company. The stock has "Outperform" rating by RBC Capital Markets on Friday, October 6. The firm has "Buy" rating given on Thursday, January 7 by Pivotal Research.

PCTEL, Inc., together with its subsidiaries, delivers performance critical telecom solutions in the Asia Pacific, Europe, the Middle East, Africa, and the Americas. Now trading with a market value of 44.05B, the company has a mix of catalysts and obstacles that spring from the nature of its operations. It operates through Cable Network Programming, Television, and Filmed Entertainment divisions. It has a 20.96 P/E ratio.

Analysts await PCTEL, Inc. (NASDAQ:FOXA) to report earnings on February, 5. Alliancebernstein L.P. now owns 1,681,471 shares of the company's stock valued at $325,751,000 after buying an additional 786,726 shares in the last quarter.

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