Constellation Brands Inc (NYSE:STZ) is expected to pay $0.40 on Nov 22, 2016. The indicated annual dividend is $1.60. Shareholders owning the stock before Nov 4, 2016 will be eligible to receive the payout. Based on Constellation Brands Inc’s current price of $163.70, the dividend is 0.24%. This dividend’s record date is Nov 8, 2016 and the announcement date is Oct 5, 2016. The stock increased 0.01% or $0.01 on November 2, hitting $163.7. Constellation Brands, Inc. (NYSE:STZ) has risen 7.22% since April 1, 2016 and is uptrending. It has outperformed by 6.00% the S&P500.
Constellation Brands, Inc. is an international beverage alcohol company. The company has a market cap of $33.07 billion. The Firm is a producer and marketer of beer and wine the United States and Canada. It has a 30.42 P/E ratio. The Company’s divisions include Beer, Wine and Spirits, and Corporate Operations and Other.
Insitutional Activity: The institutional sentiment decreased to 0.96 in Q2 2016. Its down 0.38, from 1.34 in 2016Q1. The ratio dived, as 47 funds sold all Constellation Brands, Inc. shares owned while 262 reduced positions. 75 funds bought stakes while 222 increased positions. They now own 148.38 million shares or 7.97% less from 161.23 million shares in 2016Q1.
Confluence Wealth Management Limited Liability Corp owns 6,195 shares or 0.5% of their US portfolio. The Connecticut-based Aqr Mngmt Ltd Limited Liability Company has invested 0.14% in Constellation Brands, Inc. (NYSE:STZ). Moreover, Qs Investors Lc has 0% invested in Constellation Brands, Inc. (NYSE:STZ) for 3,506 shares. Moreover, Pennant Capital Management Ltd Liability Com has 3.36% invested in Constellation Brands, Inc. (NYSE:STZ) for 791,476 shares. Gilder Gagnon Howe And Communication Ltd Limited Liability Company reported 34,108 shares or 0.11% of all its holdings. Yhb Investment Incorporated reported 5,644 shares or 0.21% of all its holdings. Peddock Cap has invested 2.16% of its portfolio in Constellation Brands, Inc. (NYSE:STZ). Dubuque Bancorp accumulated 0% or 135 shares. Caldwell Orkin last reported 1.17% of its portfolio in the stock. Private Advisor Grp Inc Incorporated Ltd Llc accumulated 10,381 shares or 0.07% of the stock. Art Advisors Ltd Liability has 0.06% invested in the company for 7,563 shares. Moreover, Franklin Resource Inc has 0.17% invested in Constellation Brands, Inc. (NYSE:STZ) for 1.90 million shares. Gemmer Asset Limited last reported 0.01% of its portfolio in the stock. Moreover, Intrust National Bank & Trust Na has 0.27% invested in Constellation Brands, Inc. (NYSE:STZ) for 4,073 shares. Everpoint Asset Mngmt Limited Co last reported 313,102 shares in the company.
Constellation Brands, Inc. (NYSE:STZ) Ratings Coverage
Out of 17 analysts covering Constellation Brands (NYSE:STZ), 12 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 71% are positive. $280 is the highest target while $130 is the lowest. The $177.07 average target is 8.17% above today’s ($163.7) stock price. Constellation Brands has been the topic of 31 analyst reports since August 27, 2015 according to StockzIntelligence Inc. On Tuesday, December 15 the stock rating was initiated by UBS with “Neutral”. On Thursday, January 7 the stock rating was maintained by Pivotal Research with “Buy”. Argus Research maintained Constellation Brands, Inc. (NYSE:STZ) on Friday, October 2 with “Buy” rating. Morgan Stanley maintained the shares of STZ in a report on Thursday, October 6 with “Overweight” rating. On Thursday, September 17 the stock rating was initiated by Nomura with “Neutral”. The stock has “Neutral” rating given by Credit Suisse on Friday, September 16. The firm has “Outperform” rating given on Tuesday, September 8 by RBC Capital Markets. Barclays Capital maintained Constellation Brands, Inc. (NYSE:STZ) on Thursday, April 7 with “Overweight” rating. The stock has “Buy” rating given by Argus Research on Monday, January 11. The firm earned “Outperform” rating on Tuesday, September 1 by CLSA.
More notable recent Constellation Brands, Inc. (NYSE:STZ) news were published by: Wsj.com which released: “Constellation Brands Buys Brewery from Modelo” on October 31, 2016, also Wsj.com with their article: “Constellation Brands Acquires High West Distillery for $160 Million” published on October 04, 2016, Investorplace.com published: “Constellation Brands, Inc.’s Soaring Run Isn’t Over Yet (STZ)” on October 25, 2016. More interesting news about Constellation Brands, Inc. (NYSE:STZ) were released by: Wsj.com and their article: “Constellation Brands Close to Sale of its Canadian Wine Division” published on October 16, 2016 as well as Moodys.com‘s news article titled: “Moody’s assigns B2 CFR to Constellation Brands Canada” with publication date: November 01, 2016.
STZ Company Profile
Constellation Brands, Inc., incorporated on December 4, 1972, is an international beverage alcohol company. The Firm is a producer and marketer of beer and wine the United States and Canada. The Company’s divisions include Beer, Wine and Spirits, and Corporate Operations and Other. The Company’s wine portfolio is complemented by select spirits brands and other select beverage alcohol products. It is a multi-category supplier (beer, wine and spirits) of beverage alcohol in the United States.
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