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.

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