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Constellation Brand Class A (STZ) Shareholder Bourgeon Capital Management LLC Has Cut Position by $3.20 Million as Stock Value Declined

Investors sentiment increased to 1.25 in 2018 Q2. Its up 0.07, from 1.18 in 2018Q1. It improved, as 41 investors sold STZ shares while 255 reduced holdings. 102 funds opened positions while 267 raised stakes. 135.49 million shares or 0.45% more from 134.88 million shares in 2018Q1 were reported. First Midwest Bancorp Division has invested 0.32% in Constellation Brands, Inc. (NYSE:STZ). Retirement Systems Of Alabama owns 112,828 shares. Tuttle Tactical invested in 8,969 shares. 617 were accumulated by Tompkins. Two Sigma Securities Llc reported 8,626 shares. Penobscot Inv Mngmt Company Incorporated holds 0.38% or 7,477 shares. Brown Brothers Harriman Communications has invested 0% in Constellation Brands, Inc. (NYSE:STZ). Dekabank Deutsche Girozentrale accumulated 0.05% or 35,612 shares. Regal Advisors Limited Liability Com accumulated 0.06% or 926 shares. Canada Pension Plan Inv Board accumulated 118,442 shares. Cadence Commercial Bank Na accumulated 1,601 shares or 0.14% of the stock. Wellington Group Inc Inc Ltd Liability Partnership stated it has 0.1% of its portfolio in Constellation Brands, Inc. (NYSE:STZ). Fayez Sarofim & invested in 403,080 shares or 0.47% of the stock. Whittier Tru Comm Of Nevada stated it has 146 shares. Hoplite Mngmt Limited Partnership has 4.48% invested in Constellation Brands, Inc. (NYSE:STZ).

Bourgeon Capital Management Llc decreased its stake in Constellation Brand Class A (STZ) by 90.23% based on its latest 2018Q2 regulatory filing with the SEC. Bourgeon Capital Management Llc sold 14,685 shares as the company’s stock declined 5.78% while stock markets rallied. The hedge fund held 1,590 shares of the beverages (production and distribution) company at the end of 2018Q2, valued at $348,000, down from 16,275 at the end of the previous reported quarter. Bourgeon Capital Management Llc who had been investing in Constellation Brand Class A for a number of months, seems to be less bullish one the $38.43 billion market cap company. The stock decreased 0.78% or $1.59 during the last trading session, reaching $203.13. About 1.65M shares traded. Constellation Brands, Inc. (NYSE:STZ) has risen 5.56% since November 10, 2017 and is uptrending. It has underperformed by 10.06% the S&P500.

Analysts await Constellation Brands, Inc. (NYSE:STZ) to report earnings on January, 4. They expect $2.06 earnings per share, up 3.00 % or $0.06 from last year’s $2 per share. STZ’s profit will be $389.72M for 24.65 P/E if the $2.06 EPS becomes a reality. After $2.87 actual earnings per share reported by Constellation Brands, Inc. for the previous quarter, Wall Street now forecasts -28.22 % negative EPS growth.

More notable recent Constellation Brands, Inc. (NYSE:STZ) news were published by: Benzinga.com which released: “Canadian Craft Beer Co. Steam Whistle Looking For Cannabis Partnership” on November 09, 2018, also Seekingalpha.com with their article: “Constellation Brands prices offering of senior notes” published on October 23, 2018, Fool.com published: “Legal Marijuana Is a $194 Billion Opportunity, Report Suggests” on November 08, 2018. More interesting news about Constellation Brands, Inc. (NYSE:STZ) were released by: Investorplace.com and their article: “Aurora Cannabis Stock Hasn’t Reached Its Peak Yet” published on November 09, 2018 as well as Nasdaq.com‘s news article titled: “Is Tilray Stock the Best Cannabis Stock to Buy Now?” with publication date: November 08, 2018.

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

Among 11 analysts covering Constellation Brands (NYSE:STZ), 6 have Buy rating, 2 Sell and 3 Hold. Therefore 55% are positive. Constellation Brands has $283 highest and $165 lowest target. $239.50’s average target is 17.90% above currents $203.13 stock price. Constellation Brands had 14 analyst reports since May 31, 2018 according to SRatingsIntel. The stock of Constellation Brands, Inc. (NYSE:STZ) earned “Hold” rating by Stifel Nicolaus on Monday, July 2. The rating was maintained by Deutsche Bank with “Buy” on Thursday, August 16. The stock of Constellation Brands, Inc. (NYSE:STZ) has “Buy” rating given on Friday, October 5 by Deutsche Bank. The stock has “Hold” rating by Stifel Nicolaus on Thursday, May 31. The stock has “Overweight” rating by Morgan Stanley on Tuesday, July 3. The firm has “Negative” rating by Susquehanna given on Monday, October 1. The firm has “Negative” rating by Susquehanna given on Monday, August 20. The firm has “Buy” rating by Bank of America given on Thursday, August 16. The firm has “Hold” rating given on Monday, September 10 by SunTrust. The stock has “Overweight” rating by JP Morgan on Thursday, September 27.

Constellation Brands, Inc. (NYSE:STZ) Institutional Positions Chart

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