Stevens Capital Management LP Increased Its Stake in Constellation Brands INC (STZ) by $17.78 Million

June 27, 2018 - By Norman Soto

During 2018 Q1 the big money sentiment decreased to 1.18. That’s change of 0.06, from 2017Q4’s 1.24. 45 investors sold all, 256 reduced holdings as STZ ratio turned negative. 256 increased holdings while 99 funds amassed holdings. Funds hold 134.88 million shares thus 3.87% less from 2017Q4’s 140.30 million shares. Deroy & Devereaux Private Inv Counsel has 1,400 shs for 0.03% of their capital. Ls Investment Advsrs Limited Liability holds 0.06% or 4,739 shs in its capital. Reliance Tru Of Delaware owns 1,696 shs for 0.06% of their capital. New Jersey-based Private Advisor Group Llc has invested 0.09% in Constellation Brands, Inc. (NYSE:STZ). Jaffetilchin Investment Prtnrs Limited Com reported 3,498 shs. Fukoku Mutual Life Insurance has invested 0.02% in Constellation Brands, Inc. (NYSE:STZ). Pggm Invs has 0.09% invested in Constellation Brands, Inc. (NYSE:STZ) for 67,200 shs. Dupont Capital Mgmt Corporation invested in 69,112 shs or 0.38% of the stock. Comerica State Bank has 66,603 shs for 0.11% of their capital. Oak Ridge Ltd Liability Corporation reported 0.25% in Constellation Brands, Inc. (NYSE:STZ). Partnervest Advisory Serv Ltd Liability holds 0.1% of its capital in Constellation Brands, Inc. (NYSE:STZ) for 923 shs. 1832 Asset Limited Partnership accumulated 69,584 shs. Pittenger Anderson Inc has 0.33% invested in Constellation Brands, Inc. (NYSE:STZ) for 16,410 shs. Mackay Shields Ltd Com invested in 0.06% or 40,925 shs. West Oak Lc invested 0% in Constellation Brands, Inc. (NYSE:STZ).

STZ had 4 sales and 0 insider buys since January 30, 2018. This’s net activity of $6.69 million. On Monday, April 2 Shares for $4.09M were sold by Klein David Eric. On Tuesday, April 17 the insider LOCKE JAMES A III sold $1.47 million.

Matthew Tewksbury’s stake in Constellation Brands Inc (STZ) is upped by 126.46% based on its latest 2018Q1 regulatory filing with the SEC. 78,321 shares were bought by Stevens Capital Management Lp as the company’s stock declined 0.56% with the market. The beverages (production and distribution) company reported $31.97M value for the 2018Q1. Now the hedge fund run by Matthew Tewksbury is holding 140,252 shares, compared to the 61,931 from the previous quarter. $44.16 billion is Constellation Brands Inc’s market cap. Ticker’s shares touched $231.77 during the last trading session after 0.92% change.Currently Constellation Brands, Inc. is uptrending after 20.36% change in last June 27, 2017. STZ has 578,630 shares volume. STZ outperformed the S&P 500 by 7.79%.

About $6.88B and $2.64B US Long portfolio Stevens Capital Management Lp operates. It reduced its stake in Pfizer Inc (NYSE:PFE) by 86,200 shares to 171,900 shares, valued at $6.10 million in 2018Q1, according to the filing. Stevens Capital Management Lp has cut its stake in Intl Paper Co (NYSE:IP) and also reduced its holding in Idexx Labs Inc (NASDAQ:IDXX) by 17,085 shares in the quarter, for a total of 21,108 shares.

For more Constellation Brands, Inc. (NYSE:STZ) news announced recently go to: Seekingalpha.com, Fool.com, Investorplace.com, Fool.com or Seekingalpha.com. The titles are as follows: “Susquehanna cautious on Constellation Brands” announced on June 20, 2018, “Constellation Brands Earnings: 3 Things to Watch” on June 25, 2018, “5 Hot Marijuana Stocks as Beer Companies Shop for an Acquisition” with a publish date: June 26, 2018, “Constellation Brands Has a Secret Weapon in the Beer Wars: Trump’s Tariffs” and the last “Stocks To Watch: More Trade Tiffs And Stress Tests” with publication date: June 23, 2018.

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

In total 11 analysts cover Constellation Brands Inc (NYSE:STZ). “Buy” rating has 9, “Sell” are 0, while 2 are “Hold”. (NYSE:STZ) has 82% bullish analysts. 13 are the (NYSE:STZ)’s ratings reports on 27 Jun 2018 according to StockzIntelligence Inc. The stock rating was initiated by BMO Capital Markets with “Buy” on Monday, February 5. On Friday, March 23 the firm has “Buy” rating given by Deutsche Bank. The company rating was maintained by Morgan Stanley on Monday, April 16. On Thursday, March 29 the firm earned “Buy” rating by SunTrust. On Monday, April 2 the stock of Constellation Brands, Inc. (NYSE:STZ) has “Buy” rating given by RBC Capital Markets. On Tuesday, April 3 the company was downgraded by Stifel Nicolaus. In Thursday, May 31 report Stifel Nicolaus maintained it with “Hold” rating and $230 target. On Thursday, March 29 the rating was maintained by Cowen & Co with “Buy”. On Monday, January 8 the rating was maintained by Credit Suisse with “Hold”. On Tuesday, April 3 the rating was maintained by Morgan Stanley with “Overweight”.

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

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