Constellation Brands Inc (NYSE:STZ) Receives a Lower Rating From Macquarie. Is it Time to Sell Shares?

Investors sentiment increased to 1.25 in Q2 2018. Its up 0.07, from 1.18 in 2018Q1. It increased, as 41 investors sold Constellation Brands, Inc. shares while 255 reduced holdings. 102 funds opened positions while 267 raised stakes. 135.49 million shares or 0.45% more from 134.88 million shares in 2018Q1 were reported.

D L Carlson Invest Gp owns 25,661 shares. Nokota L P invested in 36,000 shares. Moreover, Guggenheim Ltd Liability Company has 0.14% invested in Constellation Brands, Inc. (NYSE:STZ) for 97,982 shares. Lau Associate Ltd Llc reported 7,975 shares or 1.19% of all its holdings. Burns J W Communications reported 9,242 shares stake. Waddell & Reed Inc has 0.01% invested in Constellation Brands, Inc. (NYSE:STZ). Lazard Asset Mgmt Lc has 11 shares for 0% of their portfolio. Crestwood Capital Management Ltd Partnership invested in 3.84% or 32,526 shares. Daiwa Secs Group Inc Inc holds 0.01% in Constellation Brands, Inc. (NYSE:STZ) or 6,274 shares. 11,483 were accumulated by Family Corp. Oakbrook Limited Liability Company holds 0.18% of its portfolio in Constellation Brands, Inc. (NYSE:STZ) for 12,888 shares. Mariner Wealth Advisors accumulated 2,326 shares. Toronto Dominion Financial Bank reported 108,343 shares or 0.05% of all its holdings. Camarda Fin Advsrs Ltd invested in 0% or 12 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt holds 17,588 shares.

Since October 19, 2018, it had 0 insider buys, and 3 insider sales for $68.05 million activity. Another trade for 151,060 shares valued at $33.79M was made by SANDS ROBERT on Friday, October 19. 4,419 shares were sold by Kane Thomas Michael, worth $989,106 on Friday, October 19.

Constellation Brands Inc (NYSE:STZ) Receives a Downgrade

Macquarie has cut their rating for Constellation Brands Inc (NYSE:STZ) shares to a “Hold” in analysts note that was made public on 29 November.

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

Among 12 analysts covering Constellation Brands (NYSE:STZ), 6 have Buy rating, 2 Sell and 4 Hold. Therefore 50% are positive. Constellation Brands has $283 highest and $165 lowest target. $239.50’s average target is 22.34% above currents $195.76 stock price. Constellation Brands had 14 analyst reports since July 2, 2018 according to SRatingsIntel. The rating was maintained by JP Morgan on Thursday, September 27 with “Overweight”. Citigroup maintained it with “Neutral” rating and $240 target in Wednesday, October 10 report. The stock of Constellation Brands, Inc. (NYSE:STZ) has “Hold” rating given on Monday, September 10 by SunTrust. The stock of Constellation Brands, Inc. (NYSE:STZ) has “Hold” rating given on Monday, July 2 by Stifel Nicolaus. Morgan Stanley maintained Constellation Brands, Inc. (NYSE:STZ) on Tuesday, July 3 with “Overweight” rating. Susquehanna maintained the shares of STZ in report on Monday, October 1 with “Negative” rating. The firm has “Negative” rating given on Monday, August 20 by Susquehanna. The stock of Constellation Brands, Inc. (NYSE:STZ) earned “Hold” rating by Macquarie Research on Thursday, November 29. Wells Fargo maintained the stock with “Outperform” rating in Friday, October 5 report. As per Friday, October 5, the company rating was maintained by Deutsche Bank.

The stock decreased 0.23% or $0.45 during the last trading session, reaching $195.76. About 1.66M shares traded. Constellation Brands, Inc. (NYSE:STZ) has risen 5.56% since December 2, 2017 and is uptrending. It has underperformed by 10.06% the S&P500.

Analysts await Constellation Brands, Inc. (NYSE:STZ) to report earnings on January, 4. They expect $2.06 EPS, up 3.00 % or $0.06 from last year’s $2 per share. STZ’s profit will be $391.43M for 23.76 P/E if the $2.06 EPS becomes a reality. After $2.87 actual EPS reported by Constellation Brands, Inc. for the previous quarter, Wall Street now forecasts -28.22 % negative EPS growth.

Constellation Brands, Inc., together with its subsidiaries, produces, imports, and markets beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. The company has market cap of $37.20 billion. The firm sells wine across various categories, including table wine, sparkling wine, and dessert wine. It has a 11.72 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.

More notable recent Constellation Brands, Inc. (NYSE:STZ) news were published by: Fool.com which released: “The Silver Lining Behind Canopy Growth’s October Swoon – The Motley Fool” on November 02, 2018, also Nasdaq.com with their article: “With Aurora Stock, Be Careful About What We Don’t Yet Know – Nasdaq” published on November 14, 2018, Globenewswire.com published: “Report: Exploring Fundamental Drivers Behind Resonant, Constellation Brands, Masimo, Tetraphase Pharmaceuticals, LivaNova, and Penumbra — New Horizons, Emerging Trends, and Upcoming Developments – GlobeNewswire” on November 29, 2018. More interesting news about Constellation Brands, Inc. (NYSE:STZ) were released by: Nasdaq.com and their article: “Is Aurora Cannabis the Best Pot Stock to Buy Now? – Nasdaq” published on November 05, 2018 as well as Investorplace.com‘s news article titled: “Canopy Growth Stock Is Primed to Do Serious Damage – Investorplace.com” with publication date: November 29, 2018.

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

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