127 Shares in Constellation Brands, Inc. (NYSE:STZ) Bought by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA bought a new stake in Constellation Brands, Inc. (NYSE:STZ) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 127 shares of the company’s stock, valued at approximately $28,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Versant Capital Management Inc lifted its stake in shares of Constellation Brands by 887.5% in the 4th quarter. Versant Capital Management Inc now owns 158 shares of the company’s stock worth $35,000 after purchasing an additional 142 shares during the period. Eastern Bank bought a new position in Constellation Brands in the third quarter worth approximately $39,000. FSA Wealth Management LLC purchased a new position in shares of Constellation Brands during the 3rd quarter worth $42,000. Truvestments Capital LLC bought a new stake in shares of Constellation Brands during the 3rd quarter valued at $60,000. Finally, Continuum Advisory LLC increased its stake in shares of Constellation Brands by 68.0% in the 3rd quarter. Continuum Advisory LLC now owns 252 shares of the company’s stock worth $61,000 after purchasing an additional 102 shares in the last quarter. 77.34% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Evercore ISI cut their price target on Constellation Brands from $300.00 to $250.00 and set an “outperform” rating for the company in a report on Monday, January 13th. TD Cowen reduced their target price on shares of Constellation Brands from $270.00 to $260.00 and set a “hold” rating for the company in a report on Wednesday, January 8th. StockNews.com cut shares of Constellation Brands from a “hold” rating to a “sell” rating in a research note on Tuesday. BMO Capital Markets dropped their price target on shares of Constellation Brands from $315.00 to $305.00 and set an “outperform” rating for the company in a research report on Tuesday, October 15th. Finally, Argus downgraded shares of Constellation Brands from a “buy” rating to a “hold” rating in a research report on Tuesday, January 14th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat.com, Constellation Brands presently has an average rating of “Moderate Buy” and a consensus price target of $257.14.

Insider Buying and Selling

In other Constellation Brands news, Director William T. Giles bought 1,000 shares of the company’s stock in a transaction on Friday, January 17th. The stock was acquired at an average price of $186.39 per share, for a total transaction of $186,390.00. Following the completion of the transaction, the director now directly owns 1,463 shares of the company’s stock, valued at approximately $272,688.57. This represents a 215.98 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Wildstar Partners Llc sold 660 shares of the stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $241.00, for a total value of $159,060.00. Following the completion of the sale, the insider now owns 1,736,884 shares in the company, valued at approximately $418,589,044. The trade was a 0.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 61,746 shares of company stock valued at $15,017,097. Company insiders own 12.19% of the company’s stock.

Constellation Brands Stock Down 0.4 %

Shares of NYSE:STZ opened at $182.41 on Thursday. The company has a market cap of $32.97 billion, a price-to-earnings ratio of 49.04, a PEG ratio of 1.58 and a beta of 0.91. Constellation Brands, Inc. has a 12 month low of $176.51 and a 12 month high of $274.87. The company has a current ratio of 1.10, a quick ratio of 0.46 and a debt-to-equity ratio of 1.26. The company has a 50-day moving average price of $218.87 and a 200 day moving average price of $235.16.

Constellation Brands (NYSE:STZ) last announced its earnings results on Friday, January 10th. The company reported $3.25 EPS for the quarter, missing analysts’ consensus estimates of $3.33 by ($0.08). Constellation Brands had a return on equity of 26.55% and a net margin of 6.27%. The company had revenue of $2.46 billion during the quarter, compared to analysts’ expectations of $2.53 billion. During the same quarter last year, the firm posted $3.19 EPS. Constellation Brands’s revenue for the quarter was down .3% compared to the same quarter last year. As a group, equities research analysts predict that Constellation Brands, Inc. will post 13.52 earnings per share for the current year.

Constellation Brands Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Friday, February 7th will be issued a $1.01 dividend. The ex-dividend date is Friday, February 7th. This represents a $4.04 annualized dividend and a dividend yield of 2.21%. Constellation Brands’s dividend payout ratio (DPR) is presently 108.60%.

About Constellation Brands

Constellation Brands, Inc, together with its subsidiaries, produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. The company provides beer primarily under the Corona Extra, Corona Familiar, Corona Hard Seltzer, Corona Light, Corona Non-Alcoholic, Corona Premier, Corona Refresca, Modelo Especial, Modelo Chelada, Modelo Negra, Modelo Oro, Victoria, Vicky Chamoy, and Pacifico brands.