Constellation manufacturers, Inc. (STZ) CFO Sells $4362300.00 in inventory - EMQ

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Constellation brands, Inc. (NYSE:STZ) CFO David Eric Klein sold 30,000 shares of the inventory in a transaction on Tuesday, January nineteenth. The inventory was bought at a normal cost of $a hundred forty five.41, for a total transaction of $four,362,300.00. Following the sale, the executive financial officer now directly owns 30,420 shares of the business's inventory, valued at about $four,423,372.20. The sale was disclosed in a filing with the Securities & exchange commission, which will also be accessed via this hyperlink.

several hedge money currently added to or decreased their stakes in STZ. Hilton Capital management raised its stake in Constellation manufacturers with the aid of 6.4% within the fourth quarter. Hilton Capital administration now owns seventy four,610 shares of the business's inventory valued at $10,627,000 after purchasing an extra four,492 shares in the final quarter. Eagle Asset administration raised its stake in Constellation brands by way of 107.8% within the third quarter. Eagle Asset administration now owns 786,844 shares of the enterprise's inventory valued at $ninety eight,520,000 after purchasing an further 408,126 shares in the closing quarter. Atalanta Sosnoff Capital bought a brand new stake in Constellation brands right through the fourth quarter valued at $6,003,000. Legacy deepest have faith enterprise raised its stake in Constellation manufacturers via 4.6% in the fourth quarter. Legacy inner most trust enterprise now owns 70,448 shares of the enterprise 's stock valued at $10,035,000 after buying an extra 3,074 shares within the last quarter. at last, CIBC World Markets raised its stake in Constellation manufacturers with the aid of eleven.5% within the fourth quarter. CIBC World Markets now owns 87,401 shares of the enterprise's stock valued at $12,449,000 after purchasing an additional 9,042 shares within the last quarter.

Shares of Constellation brands, Inc. (NYSE:STZ) opened at 148.25 on Tuesday. Constellation manufacturers, Inc. has a 1-year low of $147.16 and a 1-yr high of $149.50. The stock's 50 day relocating usual is $126.96 and its 200-day relocating standard is $a hundred and twenty.04.

Constellation brands (NYSE:STZ) remaining launched its quarterly profits data on Thursday, January 7th. The business said $1.42 earnings per share for the quarter, beating the consensus estimate of $1.30 through $0.12. The enterprise earned $1.sixty four billion right through the quarter, in comparison to the consensus estimate of $1.62 billion. The business's income became up 6.four% in comparison to the same quarter ultimate yr. during the same quarter in the prior 12 months, the enterprise earned $1.23 EPS. On common, equities research analysts forecast that Constellation brands, Inc. will post $5.38 revenue per share for the present 12 months.

a couple of analysis analysts currently commented on the inventory. Societe Generale extended their target expense on shares of Constellation brands from $120.00 to $130.00 in a document on Monday, September twenty eighth. Susquehanna restated a "impartial" score and set a $115.00 target cost on shares of Constellation manufacturers in a document on Tuesday, September 29th. Argus elevated their target rate on shares of Constellation brands from $a hundred and forty.00 to $144.00 and gave the inventory a "purchase" score in a document on Friday, October 2nd. Vetr reduce shares of Constellation brands from a "purchase" ranking to a "grasp" ranking and set a $137.50 goal fee for the company. in a document on Monday, October fifth. ultimately, RBC Capital elevated their target rate on shares of Constellation manufacturers from $one hundred forty five.00 to $148.00 and gave the inventory an "outperform" rating in a report on Thursday, October 8th. Six analysts have rated the stock with a hang ranking, 9 have issued a purchase rating and one has given a robust buy score to the company. The stock currently has a standard rating of "purchase" and a consensus cost target of $153.24.

The business additionally these days disclosed a quarterly dividend, which will be paid on Wednesday, February twenty fourth. Stockholders of list on Tuesday, February ninth will be paid a $0.31 dividend. The ex-dividend date of this dividend is Friday, February fifth. This represents a $1.24 annualized dividend and a dividend yield of 0.84%.

Constellation manufacturers, Inc. is a world beverage alcohol enterprise. The company's operating segments include Beer, Wine and Spirits and corporate Operations and different. The company's wine portfolio is complemented with the aid of select spirits manufacturers and different opt for beverage alcohol items. it is a multi-class business enterprise (NYSE:STZ) of beverage alcohol in the united states. The company's consumers consist of wholesale distributors, dealers, on premise areas and executive alcohol beverage handle businesses. within the united states, the business operates 19 wineries the usage of kinds of grapes grown in the Napa, Sonoma, Monterey and San Joaquin regions of California. It additionally operates eight wineries in Canada, four wineries in New Zealand and 5 wineries in Italy. The enterprise's Canadian whisky requirements are produced and aged at its Canadian distillery in Lethbridge, Alberta.

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