Constellation Brands Inc (NYSE:STZ).
Raymond James & Associates increased its stake in Constellation Brands Inc by 2.3% in a 13F filing with the SEC. Its position was valued at $16,180,000 an increase of 5.3% as of the end of the quarter.
Here are a few institutional investors who have updated their positions. As of quarter end Baird Financial Group, Inc. had sold a total of 438 shares trimming its holdings by 5.6%. The value of the company’s investment in Constellation Brands Inc went from $1,525,000 to $1,483,000 a change of 2.8% since the last quarter. As of the end of the quarter Commonwealth Of Pennsylvania Public School Empls Retrmt SYS had acquired 1,243 shares growing its position 9.8%. The value in dollars increased from $2,468,000 to $2,788,000 increasing 13.0% quarter over quarter.
Tredje Ap-fonden grew its ownership by buying 7,550 shares an increase of 47.8%. Tredje Ap-fonden now controls 23,334 shares with a value of $4,654,000. The total value of its holdings increased 52.2%.
October 9 investment analysts at Citigroup made no change to the company rating of “Neutral” targeting a price of $232.00. On October 6 Cowen and Company held the company rating at “Outperform” with a current price target of $243.00.
October 6 investment analysts at J P Morgan Chase & Co held the stock rating at “Overweight” projecting a price of $237.00. Equity analyst Stifel Nicolaus raised the price target of the stock on October 6 changing the price objective from $216.00 to $235.00 and stated a “Buy” rating.
October 6 investment analysts at SunTrust Banks kept the stock rating at “Buy” projecting a price of $230.00. Royal Bank Of Canada raised the price target on October 6 boosting the projection from $222.00 to $226.00 with a rating of “Outperform”.
The company is down by 0.29% percent from yesterday’s close. The company currently has a P/E ratio of 27.82 and market capitalization is 42.61B. As of the last earnings report the EPS was $7.82 with 172.27M shares presently outstanding.
Short traders are feeling a little more bullish on Constellation Brands Inc of late as inferred by the fall in short interest. The stock experienced a fall in short interest from October 13, 2017 to October 31, 2017 of -0.82%. Short shares decreased 39,827 over that period. The short-interest ratio increased to 4.0 and the percentage of shorted shares is 0.03% as of October 31.