a few different hedge cash and other institutional buyers have also recently modified their holdings of the business. Eagle Asset management improved its place in shares of Constellation brands with the aid of 107.8% in the third quarter. Eagle Asset administration now owns 786,844 shares of the enterprise's stock valued at $ninety eight,520,000 after buying an additional 408,126 shares during the remaining quarter. Atalanta Sosnoff Capital bought a brand new position in shares of Constellation manufacturers all over the fourth quarter valued at approximately $6,003,000. principal financial institution & believe business elevated its place in shares of Constellation manufacturers by four,003.7% within the fourth quarter. crucial bank & have confidence business now owns 27,905 shares of the business's inventory valued at $3,975,000 after purchasing an further 27,225 shares all over the closing quarter. MUFG Americas improved its place in shares of Constellation m anufacturers by 86.2% within the third quarter. MUFG Americas now owns 18,426 shares of the enterprise's inventory valued at $2,307,000 after buying an additional 8,532 shares throughout the remaining quarter. finally, Hilton Capital administration improved its place in shares of Constellation manufacturers by using 6.4% within the fourth quarter. Hilton Capital administration now owns seventy four,610 shares of the company's stock valued at $10,627,000 after buying an additional 4,492 shares all the way through the last quarter.
Shares of Constellation brands, Inc. (NYSE:STZ) traded down 1.ninety eight% right through mid-day trading on Wednesday, hitting $one hundred forty four.13. 1,one hundred forty five,309 shares of the inventory have been exchanged. Constellation brands, Inc. has a 12 month low of $143.64 and a 12 month high of $147.23. The inventory's 50 day moving common is $126.96 and its 200 day moving usual is $120.04.
Constellation manufacturers (NYSE:STZ) closing posted its revenue outcomes on Thursday, January 7th. The company said $1.forty two EPS for the quarter, beating analysts' consensus estimates of $1.30 by $0.12. The company had profits of $1.64 billion for the quarter, in comparison to the consensus estimate of $1.62 billion. during the same quarter within the prior year, the enterprise posted $1.23 income per share. The firm's revenue turned into up 6.four% compared to the identical quarter final yr. Equities research analysts forecast that Constellation manufacturers, Inc. will post $5.37 earnings per share for the current yr.
The enterprise additionally recently introduced a quarterly dividend, which could be paid on Wednesday, February 24th. Stockholders of listing on Tuesday, February ninth will be given a dividend of $0.31 per share. The ex-dividend date is Friday, February fifth. This represents a $1.24 dividend on an annualized groundwork and a dividend yield of 0.86%.
a couple of analysis analysts currently commented on STZ shares. Societe Generale lifted their goal rate on shares of Constellation brands from $one hundred twenty.00 to $a hundred thirty.00 in a analysis note on Monday, September 28th. JPMorgan Chase & Co. lifted their target fee on shares of Constellation brands from $130.00 to $one hundred forty five.00 and gave the stock a "neutral" score in a analysis word on Thursday, October 8th. RBC Capital lifted their target price on shares of Constellation manufacturers from $a hundred forty five.00 to $148.00 and gave the inventory an "outperform" ranking in a research word on Thursday, October 8th. Zacks funding analysis raised shares of Constellation manufacturers from a "hang" score to a "buy" score and set a $153.00 goal fee on the inventory in a analysis be aware on Friday, October 9th. finally, Susquehanna reaffirmed a "impartial" score and issued a $115.00 target expense on shares of Constellation manufa cturers in a analysis notice on Tuesday, September 29th. Seven funding analysts have rated the inventory with a hang ranking, nine have assigned a buy ranking and one has assigned a powerful purchase rating to the company. Constellation brands has a standard ranking of "buy" and a consensus cost target of $150.38.
In related news, CEO Robert Sands bought 163,a hundred and one shares of the enterprise's inventory in a transaction on Monday, November 16th. The stock became sold at a standard price of $134.11, for a complete price of $21,873,475.eleven. Following the completion of the sale, the chief govt officer now at once owns 735,332 shares within the company, valued at $98,615,374.52. The sale was disclosed in a filing with the SEC, which will also be accessed via this hyperlink. also, most important shareholder Zachary M. Stern bought 105,492 shares of the company's inventory in a transaction on Thursday, October 22nd. The inventory turned into sold at a regular price of $137.05, for a complete price of $14,457,678.60. Following the completion of the sale, the insider now owns 1,000 shares of the enterprise's stock, valued at $137,050. The disclosure for this sale can be discovered right here.
Constellation brands, Inc. is a world beverage alcohol company. The business's operating segments consist of Beer, Wine and Spirits and corporate Operations and other. The enterprise's wine portfolio is complemented by means of opt for spirits manufacturers and other select beverage alcohol products. it's a multi-category agency (NYSE:STZ) of beverage alcohol in the u.s.. The enterprise's consumers include wholesale distributors, marketers, on premise places and government alcohol beverage handle businesses. in the u.s., the company operates 19 wineries using kinds of grapes grown in the Napa, Sonoma, Monterey and San Joaquin regions of California. It also operates eight wineries in Canada, 4 wineries in New Zealand and 5 wineries in Italy. The business's Canadian whisky necessities are produced and aged at its Canadian distillery in Lethbridge, Alberta.
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