Egerton Capital Uk Llp Has Boosted Its Position in Constellation Brands (STZ) as Shares Rose; Shapiro Capital Management Has Lowered Potash Sask Com (POT) Holding by $62.53 Million as Stock Declined

February 25, 2018 - By Winifred Garcia

Shapiro Capital Management Llc decreased its stake in Potash Corp Sask Inc Com (POT) by 19.52% based on its latest 2017Q3 regulatory filing with the SEC. Shapiro Capital Management Llc sold 3,250 shares as the company’s stock declined 11.27% while stock markets rallied. The institutional investor held 13,400 shares of the agricultural chemicals company at the end of 2017Q3, valued at $257.82 million, down from 16,650 at the end of the previous reported quarter. Shapiro Capital Management Llc who had been investing in Potash Corp Sask Inc Com for a number of months, seems to be less bullish one the $17.58B market cap company. The stock increased 0.54% or $0.11 during the last trading session, reaching $20.65. About 10.33M shares traded or 342.43% up from the average. Nutrien Ltd. (NYSE:POT) has risen 0.06% since February 25, 2017 and is uptrending. It has underperformed by 16.64% the S&P500.

John Armitage increased its stake in Constellation Brands Inc (STZ) by 13.01% based on its latest 2017Q3 regulatory filing with the SEC. Egerton Capital Uk Llp bought 353,490 shares as the company’s stock rose 13.40% with the market. The hedge fund run by John Armitage held 3.07 million shares of the beverages (production and distribution) company at the end of 2017Q3, valued at $612.52M, up from 2.72 million at the end of the previous reported quarter. Egerton Capital Uk Llp who had been investing in Constellation Brands Inc for a number of months, seems to be bullish on the $42.40 billion market cap company. The stock increased 2.04% or $4.35 during the last trading session, reaching $217.46. About 1.50M shares traded. Constellation Brands, Inc. (NYSE:STZ) has risen 17.20% since February 25, 2017 and is uptrending. It has outperformed by 0.50% the S&P500.

Shapiro Capital Management Llc, which manages about $4.00 billion and $4399.01 billion US Long portfolio, upped its stake in Lions Gate Entertainment Corp. Cl B by 18,310 shares to 3.01M shares, valued at $95.58B in 2017Q3, according to the filing. It also increased its holding in Flir Systems Inc. (NASDAQ:FLIR) by 1,463 shares in the quarter, for a total of 2.72 million shares, and has risen its stake in Johnson & Johnson (NYSE:JNJ).

Among 24 analysts covering Potash Corp (NYSE:POT), 12 have Buy rating, 5 Sell and 7 Hold. Therefore 50% are positive. Potash Corp had 73 analyst reports since August 4, 2015 according to SRatingsIntel. Barclays Capital maintained it with “Equal-Weight” rating and $25 target in Monday, October 5 report. RBC Capital Markets maintained Nutrien Ltd. (NYSE:POT) on Tuesday, June 20 with “Buy” rating. On Monday, September 21 the stock rating was downgraded by Macquarie Research to “Underperform”. The firm has “Hold” rating given on Tuesday, May 31 by Stifel Nicolaus. Cowen & Co maintained Nutrien Ltd. (NYSE:POT) on Thursday, July 27 with “Hold” rating. As per Wednesday, October 7, the company rating was downgraded by HSBC. The stock of Nutrien Ltd. (NYSE:POT) earned “Buy” rating by UBS on Wednesday, March 16. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, August 10. The firm earned “Positive” rating on Monday, September 26 by Susquehanna. The stock of Nutrien Ltd. (NYSE:POT) earned “Market Perform” rating by Raymond James on Monday, October 30.

Investors sentiment decreased to 1.14 in 2017 Q3. Its down 0.02, from 1.16 in 2017Q2. It dived, as 40 investors sold STZ shares while 242 reduced holdings. 79 funds opened positions while 243 raised stakes. 144.05 million shares or 0.63% more from 143.15 million shares in 2017Q2 were reported. Georgia-based Suntrust Banks has invested 0.02% in Constellation Brands, Inc. (NYSE:STZ). Moreover, Ibm Retirement Fund has 0.16% invested in Constellation Brands, Inc. (NYSE:STZ). Atria Ltd Limited Liability Company accumulated 1,787 shares. Brinker Capital reported 5,252 shares stake. Carnegie Cap Asset Ltd Com stated it has 0.03% of its portfolio in Constellation Brands, Inc. (NYSE:STZ). Wolverine Asset Mngmt Limited Liability Co owns 280 shares. Guardian Life Insur Co Of America has invested 0.01% in Constellation Brands, Inc. (NYSE:STZ). Parametric Portfolio Ltd Llc holds 640,510 shares. Howe And Rusling Inc holds 0.9% in Constellation Brands, Inc. (NYSE:STZ) or 24,344 shares. Essex Fincl Ser Inc reported 0.11% of its portfolio in Constellation Brands, Inc. (NYSE:STZ). Endurance Wealth Mgmt has invested 0% in Constellation Brands, Inc. (NYSE:STZ). Baldwin Brothers Ma accumulated 250 shares. Callahan Ltd Liability Corp has invested 0.08% in Constellation Brands, Inc. (NYSE:STZ). Monarch Cap Mgmt holds 0.09% or 1,225 shares in its portfolio. Archon Partners Llc accumulated 8,900 shares.

Among 23 analysts covering Constellation Brands (NYSE:STZ), 16 have Buy rating, 0 Sell and 7 Hold. Therefore 70% are positive. Constellation Brands had 75 analyst reports since August 27, 2015 according to SRatingsIntel. The company was maintained on Friday, December 11 by Stifel Nicolaus. On Friday, April 7 the stock rating was maintained by RBC Capital Markets with “Outperform”. Cowen & Co maintained it with “Buy” rating and $243.0 target in Monday, October 16 report. Morgan Stanley maintained the shares of STZ in report on Thursday, October 6 with “Overweight” rating. The stock of Constellation Brands, Inc. (NYSE:STZ) has “Neutral” rating given on Monday, October 9 by Citigroup. The stock of Constellation Brands, Inc. (NYSE:STZ) has “Buy” rating given on Thursday, October 6 by SunTrust. The firm has “Buy” rating by Cowen & Co given on Wednesday, August 2. The stock of Constellation Brands, Inc. (NYSE:STZ) earned “Outperform” rating by Cowen & Co on Monday, November 23. The firm earned “Buy” rating on Thursday, October 5 by Cowen & Co. Stifel Nicolaus maintained it with “Buy” rating and $174.0 target in Friday, January 8 report.

Egerton Capital Uk Llp, which manages about $14.07 billion and $11.18B US Long portfolio, decreased its stake in Mastercard Incorporated (NYSE:MA) by 303,118 shares to 3.62 million shares, valued at $511.24 million in 2017Q3, according to the filing. It also reduced its holding in Martin Marietta Matls Inc (NYSE:MLM) by 217,485 shares in the quarter, leaving it with 1.75 million shares, and cut its stake in Activision Blizzard Inc (NASDAQ:ATVI).

Since October 9, 2017, it had 0 insider purchases, and 4 selling transactions for $12.05 million activity. Newlands William A also sold $616,644 worth of Constellation Brands, Inc. (NYSE:STZ) shares. 50,000 shares were sold by MULLIN THOMAS J, worth $10.47 million.

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

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Posts

>