Constellation Brands (STZ) Board Approves Share Repurchase Program

Barclays Says That Constellation Brands Has $255 Stock Target

Heading into the stock price potential, Constellation Brands, Inc. needs to grow just 13.97% to cross its median price target of $250. The NYSE-listed company saw a recent bid of $222.08 on volume of 2.33 million shares. Rwc Asset Management Llp who had been investing in Constellation Brands Inc for a number of months, seems to be less bullish one the $43.09 billion market cap company. The stock is trading $219.95 its 50-day moving average by 0.58999999999997%. Many traders will use a combination of moving averages with different time frames to help review stock trend direction. Constellation Brands, Inc. (NYSE:STZ) has risen 17.20% since January 11, 2017 and is uptrending. It has outperformed by 0.50% the S&P500. Regions Fincl accumulated 0% or 1,837 shares. Cushing Asset Management Lp bought 190,806 shares as the company's stock declined 17.59% while stock markets rallied. Commonwealth Of Pennsylvania School Empls Retrmt has 0.04% invested in Constellation Brands, Inc. Whale Rock Capital Management Llc who had been investing in Facebook Inc for a number of months, seems to be bullish on the $546.44B market cap company. It is down 2.76% since January 11, 2017 and is downtrending. It has underperformed by 1.42% the S&P500.

Since August 1, 2017, it had 0 insider buys, and 5 sales for $24.74 million activity. KETCHUM JOHN W sold $435,000 worth of stock. Sieving Charles E had sold 30,485 shares worth $4.47 million on Friday, September 22.

Taylor Devices Inc (NASDAQ:TAYD) institutional sentiment decreased to 1.2 in Q3 2017. For STZ, the company now has 154.5 million of cash on the books, which is offset by 1.24 billion in current liabilities. It fall, as 40 investors sold STZ shares while 242 reduced holdings.

VANGUARD GROUP INC raised its stake in NiSource Inc. Picton Mahoney Asset Mgmt reported 0.13% in Constellation Brands, Inc. Ledyard Bank, a New Hampshire-based fund reported 29 shares. Palisade Mgmt Llc Nj holds 0.33% or 46,967 shares. The insider Schroepfer Michael Todd sold 37,963 shares worth $6.53M. 3,600 were reported by Veritable Lp. Maple Cap Management has invested 0.09% in Facebook, Inc. (NYSE:NEE) for 1,852 shares. Grantham Mayo Van Otterloo And Com Ltd Com owns 33,600 shares for 0.01% of their portfolio. About 398 shares traded. Foxhaven Asset Lp stated it has 6.36% in Facebook, Inc. (NYSE:STZ). Deltec Asset Ltd Liability Com holds 0.22% or 5,500 shares in its portfolio. (NYSE:STZ) are $221.43 and $207.01. Egerton Capital UK LLP now owns 3,071,057 shares of the company's stock valued at $612,522,000 after buying an additional 353,490 shares in the last quarter. It also reduced its holding in Splunk Inc (NASDAQ:SPLK) by 295,140 shares in the quarter, leaving it with 1.82M shares, and cut its stake in Zendesk Inc (NYSE:ZEN).

Analysts await CPI Card Group Inc. The average daily volatility for the week was at 2.51%, which was 0.77 higher than that in the past month. The firm has "Positive" rating by Susquehanna given on Monday, August 10. William Blair initiated the stock with "Outperform" rating in Tuesday, November 3 report.

Constellation Brands announced that its Board of Directors has authorized a stock buyback program on Friday, January 5th that permits the company to buyback $3.00 billion in shares. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company. They issued an "outperform" rating and a $227.00 price target for the company. The stock has "Outperform" rating by RBC Capital Markets on Friday, October 6. (NYSE:STZ) on Friday, June 30 with "Buy" rating. The firm has "Buy" rating by Bank of America given on Wednesday, January 4. (NYSE:STZ) has "Buy" rating given on Thursday, April 6 by Pivotal Research. Morgan Stanley maintained the shares of CTRP in report on Thursday, August 25 with "Overweight" rating.

Among 22 analysts covering Constellation Brands (NYSE:STZ), 15 have Buy rating, 0 Sell and 7 Hold. The stock of Pfizer Inc. (NYSE:STZ) by 8.09% during the September 2017 quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. Stifel Nicolaus has "Buy" rating and $162 target. First National Bank Of Hutchinson bought 1,540 shares as the company's stock rose 13.40% with the market. (NYSE:STZ) on Tuesday, October 10. As per Friday, March 24, the company rating was maintained by Societe Generale. Stifel Nicolaus maintained it with "Buy" rating and $153 target in Thursday, August 27 report. 28,367 were accumulated by Raymond James Advisors Inc. The rating was downgraded by J.P. Morgan to "Hold" on Thursday, December 7. The insider MACKENZIE ALEXANDER R sold $249,900. The Manufacturers Life Insurance Company now owns 1,192,858 shares of the company's stock valued at $231,093,000 after buying an additional 990,152 shares in the last quarter. Its up 0.42, from 0.52 in 2017Q2. Pennsylvania-based Somerset Communications has invested 1.4% in Pfizer Inc. Fny Managed Accounts Limited Liability Company has 0.05% invested in Universal Corporation (NYSE:UVV) for 692 shares. (NYSE:STZ). 93 were reported by Cornerstone Advsr Incorporated. (NYSE:STZ). Global X Ltd Liability holds 7,512 shares or 0.04% of its portfolio. Palisade Cap Mngmt Nj reported 0.11% of its portfolio in Pfizer Inc. Lenox Wealth reported 121 shares stake. White Pine reported 151,818 shares stake. Blume Capital Mngmt holds 290 shares. 56,948 are owned by Greylin Investment Mangement.

Investors also need to beware of the Office Depot, Inc.

Perritt Capital Management Inc holds 1.05% of its portfolio in PCTEL, Inc. for 635,650 shares. Natixis stated it has 3.50 million shares. Bnp Paribas Arbitrage has invested 0.06% in Constellation Brands, Inc.

Barrow Hanley Mewhinney & Strauss Llc, which manages about $91.02B and $66.34B US Long portfolio, decreased its stake in General Dynamics Corp (NYSE:GD) by 177,092 shares to 4.05M shares, valued at $833.49M in 2017Q3, according to the filing.

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.

Related News:

  • Tyrone Wallace Making the Most of his First NBA Action with Clippers

    I'm still in my 20s, and I'm about to hit the golden year - 30 (laughs). "I just felt like I could make any shot after that". He returned December 30 against the Memphis Grizzlies , played the next five games and scored 176 points.
    Trump Jokes About 'Fake' Media Awards, But Twitter Was The Real Winner

    Trump Jokes About 'Fake' Media Awards, But Twitter Was The Real Winner

    Stephen Colbert took out a billboard in Times Square in his campaign for President Trump's "Dishonest & Corrupt Media Awards ". Trump's disdain for the mainstream media, or what he likes to call the bearer of " fake news ", is no secret.
    Stoke City eyeing move for Quique if O'Neill bid fails

    Stoke City eyeing move for Quique if O'Neill bid fails

    FORMER Watford boss Quique Sanchez Flores is understood to be relegation-threatened Stoke's first choice to succeed Mark Hughes . Balague said a five-year proposal from Stoke would tempt Flores after a tenure of broken promises at Espanyol .
  • Jailed don Mukhtar Ansari, wife suffer cardiac arrest

    Jailed don Mukhtar Ansari, wife suffer cardiac arrest

    Principal Secretary (Home), Arvind Kumar after speaking to local officers in Banda, summoned a detail report. While on the way to hospital, the MLA's eyes were closed while his wife's eyes were open.

    Are There Any Catalysts to Propel Lam Research Corporation (NASDAQ:LRCX) Forward?

    Commonwealth Of Pennsylvania Pub School Empls Retrmt reported 0.04% of its portfolio in Lam Research Corporation (NASDAQ: LRCX ). The AES Corporation (AES) exchanged hands at an unexpectedly low level of 5.03 million shares over the course of the day.
    Herdsmen killing: I'll not amend anti open grazing law, Benue gov says

    Herdsmen killing: I'll not amend anti open grazing law, Benue gov says

    He said, "We will not modify the anti open grazing law as demanded by Miyetti Allah as condition for peace to reign". He said, "I am telling Nigerians that my people can not continue to be cannon fodder for this country".
  • Pakistan in talks with United States  over security assistance: FO

    Pakistan in talks with United States over security assistance: FO

    Reports also suggested that the USA decision to block aid to Pakistan could affect about 2 billion US dollars worth of assistance. Pakistan's response last week, however, was more tempered than previous official statements to past accusations.
    Constellation Brands, Inc. (STZ) Forming A Pattern Of Major Movements

    Constellation Brands, Inc. (STZ) Forming A Pattern Of Major Movements

    Constellation Brands, Inc. (STZ ) exchanged hands at an unexpectedly high level of 4.92 million shares over the course of the day. It has underperformed by 44.18% the S&P500.The move comes after 9 months negative chart setup for the $363.98M company.
    Anadarko Petroleum (APC) Given Buy Rating at Piper Jaffray Companies

    Anadarko Petroleum (APC) Given Buy Rating at Piper Jaffray Companies

    The investor is now holding $21.8 million shares due in part to a decrease of 1.72 million new shares in their portfolio. This company shares are -10% up from its target price of $44.28 and the current market capitalization stands at $8.16B.
  • Sushma Swaraj discusses ways to strengthen ties with Indonesian leaders

    Sushma Swaraj discusses ways to strengthen ties with Indonesian leaders

    The government giving preference to one language is unfair to the more than 50% of Indian citizens that do not speak Hindi. A BJP MP pointed out that to make Hindi the national language the government has to bear an expense of Rs 40 crore.

    Frozen Embryos Aren't Always Necessary for IVF, New Studies Show

    The two studies involved almost 3,000 women undergoing IVF who were randomly assigned to receive either frozen or fresh embryos. For their study, Chen and colleagues enrolled women at 20 clinical sites across China between March 2015 and November 2015.
    Alibaba Group (NYSE:BABA) Given Buy Rating at MKM Partners

    Alibaba Group (NYSE:BABA) Given Buy Rating at MKM Partners

    S&T Bank who had been investing in Mosaic Co New for a number of months, seems to be bullish on the $9.10B market cap company. Miura Global Management Llc decreased Alibaba Group Hldg Ltd ( BABA ) stake by 47.83% reported in 2017Q3 SEC filing.

Most liked

Ohio GOP Rep. Renacci To Drop Gubernatorial Bid For Senate Run
Gibbons contributed $100,000 to Trump-related groups and he served finance co-chair for Trump's OH campaign, said Chris Schrimpf. Jim Renacci announced Thursday that he is ending his Republican race for OH governor to enter instead the GOP race for the U.S.

Canada vs. Sweden in gold-medal final
His best save came midway through the second when he kicked out his left pad to foil Fabian Zetterlund's shot from the slot. The Swedish captain, Lias Andersson , threw his medal over the glass and to a fan donning a Rochester Americans jersey.

TCS net falls 3.6% on fragile BFSI
The company is clocking an annual revenue run-rate of $4 billion in the digital business , it said. Shares of TCS were trading 1.13 per cent lower at Rs 2,757 apiece on BSE.

Former Trump campaign manager sues Mueller, DOJ for overreach
Paul Manafort , President Trump's former campaign chairman, sued the Department of Justice; the deputy attorney general, Rod J. Recently, in an attempt to discredit the investigation, they have attached the FBI and Department of Justice as biased.

HTC U11 EYEs smartphone expected to launch January 15
It will be offered with 4GB of RAM and 64GB of internal storage, which will be expandable via a microSD card. The device is said to sport a single camera at the rear end along with a circular fingerprint sensor.

Bella Thorne's BF Defends Mudslide Tweet ... Back Off, Rob Lowe!
During the 2018 Golden Globes , Bella Thorne shocked the world with her sexual abuse revelation . What, we hope, Bella didn't realize is that the roadway was closed due to deadly mudslides .

Delta operating profit declines 12% to $6.11bn in 2017
OxFORD Asset Management LLP's holdings in Delta Air Lines were worth $1,206,000 at the end of the most recent reporting period. Bastian sold 25,000 shares of the stock in a transaction on Saturday, December 29th. (NYSE:V) for 283,197 shares.

Lalu Prasad Yadav moves Jharkhand High Court against conviction, seeks bail
Lalu Prasad pleaded for bail in the matter and also shared how authorities are allowing only three visitors per week to meet him. The court convicted Lalu Prasad and 15 others on December 23 in the case relating to the multi-million-rupee scam.

NZ in talks with Britain for TPP inclusion
He said: "It is not the main event and at the moment the government is making a hash of that". "It's all pie in sky thinking". These people want us to leave a market on our doorstep and join a different, smaller one on the other side of the world.

Unusual Volume Spikes For: Transocean Ltd. (NYSE:RIG)
The company's consensus rating on Reuter's scale remained unchanged from 2.7 to 2.7 during a month. Dsam Partners Llp acquired 79,600 shares as Itau Unibanco Hldg Sa (ITUB)'s stock declined 15.42%.

United States looking at free trade agreement with India
He described the early exchanges between the two countries as being strained but marvelled at how far they had come. The US envoy, however, expressed concerns about persistent trade deficits, including the one the US has with India.

LG steps away from an annual release cycle for its phones
For the past 11 quarters, LG has reported negative results from its mobile division, though the loses declined a year ago . Speaking at CES 2018 this week, Cho Sung-jin, Vice Chairman at LG Electronics, outlined what that change would look like.

Blackhawks' Brent Seabrook a healthy scratch for Tuesday
NOTES: Entering Wednesday, the 32-year-old Seabrook had just one goal and 10 assists in 41 games and had often looked sluggish. Corey Crawford, the Blackhawks No. 1 goalie, missed his seventh game with an upper-body injury and hasn't resumed skating.

Mnangagwa to visit Namibia
A New report cited Charamba as saying that Moyo was part of a "cabal" that had taken advantage of Mugabe. Moyo made several incredible claims, including that he has fled the country fearing for his life.

Turkey refuses to attend upcoming Sochi congress on Syria
Ankara has also summoned ambassadors of Russian Federation and Iran for expressing displeasure on Damascus attacks in Idlib. Turkish President Tayyip Erdogan speaks during a meeting at the Presidential Palace in Ankara, Turkey, January 10, 2018.