Constellation Brands Inc (STZ) Shares Sold by Winslow Evans & Crocker Inc.

Winslow Evans & Crocker Inc. decreased its stake in shares of Constellation Brands Inc (NYSE:STZ) by 27.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,522 shares of the company’s stock after selling 1,696 shares during the period. Winslow Evans & Crocker Inc.’s holdings in Constellation Brands were worth $902,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. BlackRock Inc. increased its stake in Constellation Brands by 0.9% during the 2nd quarter. BlackRock Inc. now owns 11,708,547 shares of the company’s stock valued at $2,268,295,000 after buying an additional 103,312 shares during the period. Vanguard Group Inc. grew its stake in shares of Constellation Brands by 3.2% in the 2nd quarter. Vanguard Group Inc. now owns 11,276,593 shares of the company’s stock worth $2,184,613,000 after purchasing an additional 350,346 shares during the last quarter. State Street Corp grew its stake in shares of Constellation Brands by 0.5% in the 1st quarter. State Street Corp now owns 7,391,582 shares of the company’s stock worth $1,197,945,000 after purchasing an additional 39,246 shares during the last quarter. Egerton Capital UK LLP grew its stake in shares of Constellation Brands by 9.3% in the 2nd quarter. Egerton Capital UK LLP now owns 2,717,567 shares of the company’s stock worth $526,474,000 after purchasing an additional 231,984 shares during the last quarter. Finally, Alliancebernstein L.P. grew its stake in shares of Constellation Brands by 87.9% in the 2nd quarter. Alliancebernstein L.P. now owns 1,681,471 shares of the company’s stock worth $325,751,000 after purchasing an additional 786,726 shares during the last quarter. 74.90% of the stock is currently owned by hedge funds and other institutional investors.

TRADEMARK VIOLATION NOTICE: “Constellation Brands Inc (STZ) Shares Sold by Winslow Evans & Crocker Inc.” was originally published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this article on another publication, it was stolen and reposted in violation of US and international trademark & copyright laws. The correct version of this article can be viewed at https://ledgergazette.com/2017/10/23/constellation-brands-inc-stz-shares-sold-by-winslow-evans-crocker-inc.html.

In other news, VP Thomas J. Mullin sold 54,834 shares of the stock in a transaction that occurred on Thursday, August 3rd. The stock was sold at an average price of $194.50, for a total value of $10,665,213.00. Following the completion of the sale, the vice president now owns 86,005 shares of the company’s stock, valued at approximately $16,727,972.50. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Thomas J. Mullin sold 50,000 shares of the stock in a transaction that occurred on Monday, October 16th. The shares were sold at an average price of $209.45, for a total value of $10,472,500.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 122,786 shares of company stock valued at $24,740,206. Insiders own 15.59% of the company’s stock.

Several brokerages have recently issued reports on STZ. UBS AG lifted their price objective on shares of Constellation Brands from $162.00 to $176.00 and gave the stock a “neutral” rating in a research note on Friday, June 30th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $220.00 price objective on shares of Constellation Brands in a research note on Wednesday, August 2nd. Cowen and Company reaffirmed a “buy” rating and issued a $230.00 price objective on shares of Constellation Brands in a research note on Thursday, August 3rd. Susquehanna Bancshares Inc reaffirmed a “neutral” rating and issued a $193.00 price objective (up previously from $169.00) on shares of Constellation Brands in a research note on Monday, October 2nd. Finally, Citigroup Inc. reaffirmed a “neutral” rating and issued a $232.00 price objective (up previously from $211.00) on shares of Constellation Brands in a research note on Monday, October 9th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $216.00.

Constellation Brands Inc (STZ) traded up 0.08% during mid-day trading on Monday, hitting $211.41. 187,439 shares of the company traded hands. Constellation Brands Inc has a one year low of $144.00 and a one year high of $214.53. The company has a market capitalization of $41.35 billion, a price-to-earnings ratio of 24.29 and a beta of 0.04. The company’s 50-day moving average price is $204.50 and its 200 day moving average price is $190.27.

Constellation Brands (NYSE:STZ) last posted its earnings results on Thursday, October 5th. The company reported $2.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.17 by $0.30. Constellation Brands had a return on equity of 22.81% and a net margin of 21.47%. The business had revenue of $2.08 billion during the quarter, compared to analysts’ expectations of $2.06 billion. During the same period in the prior year, the business earned $1.77 EPS. Constellation Brands’s revenue for the quarter was up 3.1% compared to the same quarter last year. On average, analysts anticipate that Constellation Brands Inc will post $8.42 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 21st. Shareholders of record on Tuesday, November 7th will

A number of other institutional investors also recently added to or reduced their stakes in the business. BlackRock Inc. increased its stake in Constellation Brands by 0.9% during the 2nd quarter. BlackRock Inc. now owns 11,708,547 shares of the company’s stock valued at $2,268,295,000 after buying an additional 103,312 shares during the period. Vanguard Group Inc. grew its stake in shares of Constellation Brands by 3.2% in the 2nd quarter. Vanguard Group Inc. now owns 11,276,593 shares of the company’s stock worth $2,184,613,000 after purchasing an additional 350,346 shares during the last quarter. State Street Corp grew its stake in shares of Constellation Brands by 0.5% in the 1st quarter. State Street Corp now owns 7,391,582 shares of the company’s stock worth $1,197,945,000 after purchasing an additional 39,246 shares during the last quarter. Egerton Capital UK LLP grew its stake in shares of Constellation Brands by 9.3% in the 2nd quarter. Egerton Capital UK LLP now owns 2,717,567 shares of the company’s stock worth $526,474,000 after purchasing an additional 231,984 shares during the last quarter. Finally, Alliancebernstein L.P. grew its stake in shares of Constellation Brands by 87.9% in the 2nd quarter. Alliancebernstein L.P. now owns 1,681,471 shares of the company’s stock worth $325,751,000 after purchasing an additional 786,726 shares during the last quarter. 74.90% of the stock is currently owned by hedge funds and other institutional investors.

TRADEMARK VIOLATION NOTICE: “Constellation Brands Inc (STZ) Shares Sold by Winslow Evans & Crocker Inc.” was originally published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this article on another publication, it was stolen and reposted in violation of US and international trademark & copyright laws. The correct version of this article can be viewed at https://ledgergazette.com/2017/10/23/constellation-brands-inc-stz-shares-sold-by-winslow-evans-crocker-inc.html.

In other news, VP Thomas J. Mullin sold 54,834 shares of the stock in a transaction that occurred on Thursday, August 3rd. The stock was sold at an average price of $194.50, for a total value of $10,665,213.00. Following the completion of the sale, the vice president now owns 86,005 shares of the company’s stock, valued at approximately $16,727,972.50. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Thomas J. Mullin sold 50,000 shares of the stock in a transaction that occurred on Monday, October 16th. The shares were sold at an average price of $209.45, for a total value of $10,472,500.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 122,786 shares of company stock valued at $24,740,206. Insiders own 15.59% of the company’s stock.

Several brokerages have recently issued reports on STZ. UBS AG lifted their price objective on shares of Constellation Brands from $162.00 to $176.00 and gave the stock a “neutral” rating in a research note on Friday, June 30th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $220.00 price objective on shares of Constellation Brands in a research note on Wednesday, August 2nd. Cowen and Company reaffirmed a “buy” rating and issued a $230.00 price objective on shares of Constellation Brands in a research note on Thursday, August 3rd. Susquehanna Bancshares Inc reaffirmed a “neutral” rating and issued a $193.00 price objective (up previously from $169.00) on shares of Constellation Brands in a research note on Monday, October 2nd. Finally, Citigroup Inc. reaffirmed a “neutral” rating and issued a $232.00 price objective (up previously from $211.00) on shares of Constellation Brands in a research note on Monday, October 9th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $216.00.

Constellation Brands Inc (STZ) traded up 0.08% during mid-day trading on Monday, hitting $211.41. 187,439 shares of the company traded hands. Constellation Brands Inc has a one year low of $144.00 and a one year high of $214.53. The company has a market capitalization of $41.35 billion, a price-to-earnings ratio of 24.29 and a beta of 0.04. The company’s 50-day moving average price is $204.50 and its 200 day moving average price is $190.27.

Constellation Brands (NYSE:STZ) last posted its earnings results on Thursday, October 5th. The company reported $2.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.17 by $0.30. Constellation Brands had a return on equity of 22.81% and a net margin of 21.47%. The business had revenue of $2.08 billion during the quarter, compared to analysts’ expectations of $2.06 billion. During the same period in the prior year, the business earned $1.77 EPS. Constellation Brands’s revenue for the quarter was up 3.1% compared to the same quarter last year. On average, analysts anticipate that Constellation Brands Inc will post $8.42 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 21st. Shareholders of record on Tuesday, November 7th will be given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date of this dividend is Monday, November 6th. Constellation Brands’s dividend payout ratio (DPR) is currently 23.85%.

Constellation Brands Profile

Constellation Brands, Inc is an international beverage alcohol company. The Company is a producer and marketer of beer, wine and spirits with operations in the United States, Canada, Mexico, New Zealand and Italy. Its segments include Beer, Wine and Spirits, and Corporate Operations and Other. It is a multi-category supplier (beer, wine and spirits) of beverage alcohol in the United States.

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Institutional Ownership by Quarter for Constellation Brands (NYSE:STZ)

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