As Constellation Brands INC (STZ) Shares Declined, Shareholder Stevens Capital Management LP Increased Stake by $17.78 Million

June 27, 2018 - By Carey Conley

Big Money Sentiment decreased to 1.18 in Q1 2018. It has change of 0.06, from 2017Q4’s 1.24. The ratio worsened due to STZ positioning: 45 sold and 256 reduced. 99 funds acquired stakes and 256 increased stakes. Investors holded 140.30 million in 2017Q4 but now own 134.88 million shares or 3.87% less. Sumitomo Mitsui Trust Holding Inc holds 0.18% or 600,671 shs. 32,971 are held by Mitchell Cap. Badgley Phelps And Bell Inc reported 57,733 shs or 0.88% of all its holdings. British Columbia Inv Corporation owns 101,050 shs for 0.18% of their capital. Twin Tree Management Lp invested in 45,454 shs. 8,685 are held by Bridges Mgmt Inc. Brinker holds 0.06% of its capital in Constellation Brands, Inc. (NYSE:STZ) for 6,442 shs. Diamond Hill Capital Mngmt Incorporated holds 195,952 shs or 0.23% of its capital. Verition Fund Llc holds 12,966 shs. Intrust Commercial Bank Na holds 4,096 shs or 0.27% of its capital. Oakbrook Invs Ltd invested in 0.21% or 14,985 shs. Moreover, Canada Pension Plan Inv Board has 0.11% invested in Constellation Brands, Inc. (NYSE:STZ) for 294,745 shs. Brant Point Investment Mngmt Ltd Llc accumulated 18,309 shs. Nuveen Asset Mngmt Lc owns 0.01% invested in Constellation Brands, Inc. (NYSE:STZ) for 4,633 shs. Carlson Limited Partnership has 0.01% invested in Constellation Brands, Inc. (NYSE:STZ) for 3,629 shs.

STZ registered $6.69 million net activity with 0 insider buys and 4 selling transactions since January 30, 2018. On Monday, April 2 Klein David Eric sold $4.09M worth of Constellation Brands, Inc. (NYSE:STZ) or 17,900 shs. 6,398 Constellation Brands, Inc. (NYSE:STZ) shs with value of $1.47M were sold by LOCKE JAMES A III.

Based on the latest 2018Q1 regulatory filing with the SEC, Matthew Tewksbury rose its holdings in Constellation Brands Inc (STZ) by 126.46%. The company’s stock sank 0.56% while Stevens Capital Management Lp bought 78,321 shares. The hedge fund run by Matthew Tewksbury is holding 140,252 shares, compared to the 61,931 from the previous quarter. And the reported value of the beverages (production and distribution) company is $31.97M for the 2018Q1. Constellation Brands Inc has $44.16B MC. STZ reached $231.77 during the last trading session after $2.12 change.Currently Constellation Brands, Inc. is uptrending after 20.36% change in last June 27, 2017. STZ has 578,630 shares volume. STZ outperformed the S&P 500 by 7.79%.

According to a filing Stevens Capital Management Lp reduced its stake in Fastenal Co (NASDAQ:FAST) by 70,079 shares to 10,371 shares, valued at $566,000 in 2018Q1. The fund manages about $6.88B and $2.64 billion US Long portfolio. For a total of 190,085 shares it reduced its holding in Salesforce Com Inc (NYSE:CRM) by 152,789 shares in the quarter, and has cut its stake in Apartment Invt & Mgmt Co (NYSE:AIV).

For more Constellation Brands, Inc. (NYSE:STZ) news announced recently go to: Streetinsider.com, Investorplace.com, Seekingalpha.com, Seekingalpha.com or Investorplace.com. The titles are as follows: “Constellation Brands (STZ) June weekly option implied volatility elevated into Q1” announced on June 27, 2018, “Marijuana Stocks: Two to Consider, Two to Avoid” on June 22, 2018, “Buy Lockheed Martin On Weakness – Cramer’s Lightning Round (6/14/18)” with a publish date: June 15, 2018, “Susquehanna cautious on Constellation Brands” and the last “5 Hot Marijuana Stocks as Beer Companies Shop for an Acquisition” with publication date: June 26, 2018.

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

A total of 11 analysts rate Constellation Brands Inc (NYSE:STZ) as follows: 9 “Buy”, 2 “Hold” and 0 “Sell”. Тherefore 82% are bullish. (NYSE:STZ) has 13 ratings reports on 27 Jun 2018 according to StockzIntelligence. On Thursday, March 29 the company was maintained by Cowen & Co. On Thursday, March 29 the stock of Constellation Brands, Inc. (NYSE:STZ) has “Buy” rating given by SunTrust. On Monday, April 16 Morgan Stanley maintained the shares of STZ in report with “Buy” rating. On Tuesday, April 3 Morgan Stanley maintained Constellation Brands, Inc. (NYSE:STZ) rating. Morgan Stanley has “Overweight” rating and $262 target. On Thursday, May 31 the firm has “Hold” rating by Stifel Nicolaus given. On Monday, April 2 the stock has “Buy” rating by RBC Capital Markets. On Monday, January 8 Credit Suisse maintained Constellation Brands, Inc. (NYSE:STZ) with “Hold” rating. In Monday, February 5 report BMO Capital Markets initiated it with “Buy” rating and $275.0 target. On Tuesday, April 3 the rating was downgraded by Stifel Nicolaus to “Hold”. In Friday, March 23 report Deutsche Bank maintained it with “Buy” rating and $256 target.

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

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