Constellation Brands, Inc. (NYSE:STZ) report Q1 net income of $402.8 million

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Constellation Brands (STZ) shares jumped Thursday on strong first-quarter earnings as Cinco de Mayo and Memorial Day helped boost high-end beer sales, though total Q1 sales were weak.

Other hedge funds also recently added to or reduced their stakes in the company.

Stock research firms now have a positive stance on shares of Constellation Brands, Inc. Envestnet Asset Management Inc. now owns 19,145 shares of the company's stock valued at $2,933,000 after buying an additional 2,340 shares in the last quarter. Following the sale, the executive vice president now owns 50,572 shares of the company's stock, valued at approximately $8,710,521.28.

Guardian Capital Lp decreased Illinois Tool Wks Inc (NYSE:ITW) stake by 11,110 shares to 210,474 valued at $25.78 million in 2016Q4. 144.26 million shares or 0.98% less from 145.68 million shares in 2016Q3 were reported. (NYSE:STZ). Baystate Wealth Mngmt Ltd Liability Corporation owns 0% invested in Constellation Brands, Inc. The firm owned 14,920 shares of the company's stock after buying an additional 12,852 shares during the period. The firm has a market cap of $35.51 billion, a price-to-earnings ratio of 24.24 and a beta of 0.31. The company reported $2.34 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.98 by $0.36. The firm had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.59 billion. Moreover, New Century Invest Inc has 3.79% invested in Constellation Brands, Inc. During the same quarter in the prior year, the firm posted $1.54 EPS. Shareholders of record on Wednesday, August 9th will be paid a $0.52 dividend. Constellation Brands's dividend payout ratio is now 27.59%.

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A number of equities research analysts have recently commented on the company. Credit Suisse Group set a $182.00 price target on Constellation Brands and gave the company a "hold" rating in a research report on Saturday, April 8th.

Actinium Pharmaceuticals, Inc. (:ATNM)'s stock has performed at 34.86%.

Among 19 analysts covering Constellation Brands (NYSE:STZ), 14 have Buy rating, 0 Sell and 5 Hold.

06/22/2017 - Constellation Brands Inc had its "buy" rating reiterated by analysts at Goldman Sachs.

Grace & White Inc Ny holds 2.34% of its portfolio in Argo Group International Holdings, Ltd. for 165,205 shares.

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In other Constellation Brands news, VP Thomas J. Mullin sold 39,854 shares of the business's stock in a transaction that occurred on Wednesday, April 12th.

Among 3 analysts covering Innerworkings (NASDAQ:INWK), 3 have Buy rating, 0 Sell and 0 Hold. The company now has an average rating of "Buy" and an average target price of $190.80. The stock was sold at an average price of $170.03, for a total value of $119,021.00. While the company's share hit the 52 week high on 06/29/17 stationing the value of $186.55. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

The consensus recommendation - averaging the work of 9 analysts - of 2.7 for Investors Bancorp, Inc. To measure price-variation, we found STZ's volatility during a week at 1.65% and during a month it has been found around 1.43%. Following the completion of the transaction, the director now owns 44,415 shares in the company, valued at approximately $7,686,015.75.

T-Mobile US, Inc. (NASDAQ:TMUS), stock is trading $68.88 above the 52-week high and has displayed a high EPS growth of 17.00% in last 5 years. Mark Sheptoff Financial Planning Limited Liability owns 15,459 shares. The Business's wine portfolio is complemented by select spirits brands and other select beverage alcohol products. The Company is a producer and marketer of beer, wine and spirits with operations in the United States, Canada, Mexico, New Zealand and Italy.

Leading growth for the company was its beer division, which includes Mexican brands Corona, Modelo Especial and Pacifico.

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