Constellation Brands (STZ) Board Approves Share Repurchase Program

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The Stock has its 52-week High of $229.50 and 52-Week Low of $146.71 and it touched its 52-week high on 01/04/18 and 52-Week Low on 01/12/17. The stock has a consensus rating of "Buy" and a consensus target price of $229.00. Facebook had 216 analyst reports since July 21, 2015 according to SRatingsIntel.

More notable recent Constellation Brands, Inc. Credit Suisse Group lifted their price target on Constellation Brands from $211.00 to $226.00 and gave the company a "neutral" rating in a report on Tuesday. They issued a "buy" rating and a $244.00 price target for the company. The firm has "Buy" rating by Guggenheim given on Tuesday, January 2. Stifel Nicolaus maintained the shares of STZ in report on Friday, October 6 with "Buy" rating. On Monday, January 11 the stock rating was maintained by Argus Research with "Buy". The rating was maintained by RBC Capital Markets on Wednesday, December 16 with "Outperform". The firm earned "Buy" rating on Tuesday, August 4 by Piper Jaffray. Morgan Stanley maintained the shares of CTRP in report on Thursday, August 25 with "Overweight" rating. The firm earned "Buy" rating on Friday, June 2 by BMO Capital Markets.

Palisade Capital Management Llc increased its stake in Nextera Energy Inc (NEE) by 109.51% based on its latest 2017Q3 regulatory filing with the SEC. Constellation Brands, Inc. (NYSE:STZ) has risen 17.20% since January 10, 2017 and is uptrending. The Suvretta Capital Management Llc holds 100,400 shares with $20.03M value, down from 1.68M last quarter. Activision Blizzard Inc now has $50.05B valuation.

STZ traded at an unexpectedly high level on 10/01/2018 when the stock experienced a -1.22% loss to a closing price of $219.36. About 790,664 shares traded. (NASDAQ:PMTS) has declined 37.33% since January 11, 2017 and is downtrending.

Since August 1, 2017, it had 0 insider buys, and 5 insider sales for $24.74 million activity. On Friday, October 13 MULLIN THOMAS J sold $10.47 million worth of Constellation Brands, Inc. For shareholders, given the total diluted outstanding shares of 224.51 million, this means overall earnings per share of 2.19. 12,517 shares were sold by Hackett William F., worth $2.47 million. Finally, TLP Group LLC bought a new stake in shares of Constellation Brands during the third quarter worth $129,000.

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Constellation Brands, Inc.'s P/B is valued at 5.36 exhibiting the investor sentiment on the value of the stock to its actual value. Checking in on some other ratios, the company has a Price to Cash Flow ratio of 24.612733, and a current Price to Earnings ratio of 23.323012. It turned negative, as 8 investors sold CAC shares while 29 reduced holdings.

Several hedge funds have recently made changes to their positions in the stock. The hedge fund run by Michael Lowenstein held 5.72M shares of the beverages (production and distribution) company at the end of 2017Q3, valued at $1.14 billion, down from 5.76 million at the end of the previous reported quarter. Loeb Partners Corporation accumulated 0.31% or 7,000 shares. (NYSE:STZ). Lvw Advsr Ltd Llc reported 2,816 shares or 0.22% of all its holdings. 36 are held by Tarbox Family Office. About 6,802 shares traded. (NYSE:STZ). State Of Tennessee Treasury Department accumulated 359,510 shares. Retail Bank Of America Corp De, North Carolina-based fund reported 53,537 shares. (NYSE:STZ). Ar Asset Management Inc has invested 0.16% in Constellation Brands, Inc. (NYSE:STZ). Advsrs Asset Mngmt Inc owns 16,182 shares or 0.05% of their United States portfolio. Zevenbergen Investments Ltd Co reported 8,794 shares. 1,471 are owned by Tokio Marine Asset Management Communications Ltd. Truepoint holds 0.03% of its portfolio in Constellation Brands, Inc. Moreover, Chevy Chase Tru Holding Inc has 0.14% invested in Constellation Brands, Inc. William Blair initiated the stock with "Outperform" rating in Tuesday, November 3 report.

Among 22 analysts covering Constellation Brands (NYSE:STZ), 15 have Buy rating, 0 Sell and 7 Hold. (NYSE:STZ) for 102,392 shares.

COPYRIGHT VIOLATION NOTICE: "Constellation Brands (STZ) Board Approves Share Repurchase Program" was originally reported by The Lincolnian Online and is the property of of The Lincolnian Online. (NASDAQ:FB). M Holdings Secs Inc owns 14,972 shares. (NYSE:STZ). Foundry Prtnrs Limited Com has invested 0.01% of its portfolio in Constellation Brands, Inc. It has underperformed by 0.76% the S&P500. Constellation Brands had 73 analyst reports since August 27, 2015 according to SRatingsIntel. The company has market cap of $39.36 million. The firm sells wine across various categories, including table wine, sparkling wine, and dessert wine. It has a 19.44 P/E ratio. It offers beer primarily under the Corona Extra, Corona Light, Modelo Especial, Modelo Negra, and Pacifico brands; wine under the Black Box, Clos du Bois, Estancia, Franciscan Estate, Inniskillin, Kim Crawford, Mark West, Meiomi, Mount Veeder, Nobilo, Robert Mondavi, Ruffino, Saved, Simi, The Dreaming Tree, The Prisoner, Charles Smith, and Wild Horse brands; and sprits under the SVEDKA vodka, Black Velvet Canadian whisky, Casa Noble tequila, High West craft whisky brands. It is down 0.00% since January 11, 2017 and is. 160,000 shares were sold by Durkin Dennis M, worth $9.71M.

Putting the focus on shares of One Step Vending Corp (KOSK) we have noted that the stock price has dropped -15.11% over the last month. KELLY BRIAN G had sold 3.69 million shares worth $228.20 million on Monday, August 7.