Constellation Brands, Inc. Class A (STZ) Holdings Lifted by San Francisco Sentry Investment Group CA

San Francisco Sentry Investment Group CA raised its holdings in shares of Constellation Brands, Inc. Class A (NYSE:STZ) by 60.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,948 shares of the company’s stock after buying an additional 1,113 shares during the period. San Francisco Sentry Investment Group CA’s holdings in Constellation Brands, Inc. Class A were worth $645,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Intrust Bank NA raised its stake in shares of Constellation Brands, Inc. Class A by 5.9% during the first quarter. Intrust Bank NA now owns 4,096 shares of the company’s stock valued at $933,000 after acquiring an additional 229 shares in the last quarter. ELCO Management Co. LLC raised its stake in shares of Constellation Brands, Inc. Class A by 6.6% during the second quarter. ELCO Management Co. LLC now owns 4,120 shares of the company’s stock valued at $902,000 after acquiring an additional 255 shares in the last quarter. Jacobi Capital Management LLC raised its stake in shares of Constellation Brands, Inc. Class A by 103.6% during the first quarter. Jacobi Capital Management LLC now owns 507 shares of the company’s stock valued at $116,000 after acquiring an additional 258 shares in the last quarter. Spinnaker Trust raised its stake in shares of Constellation Brands, Inc. Class A by 1.8% during the second quarter. Spinnaker Trust now owns 14,476 shares of the company’s stock valued at $3,167,000 after acquiring an additional 259 shares in the last quarter. Finally, Wedbush Securities Inc. raised its stake in shares of Constellation Brands, Inc. Class A by 7.8% during the first quarter. Wedbush Securities Inc. now owns 3,612 shares of the company’s stock valued at $823,000 after acquiring an additional 262 shares in the last quarter. Institutional investors and hedge funds own 72.88% of the company’s stock.

Several analysts have recently weighed in on the stock. Deutsche Bank decreased their price target on shares of Constellation Brands, Inc. Class A to $234.00 and set a “buy” rating for the company in a research note on Thursday, July 5th. Morgan Stanley decreased their price target on shares of Constellation Brands, Inc. Class A from $262.00 to $258.00 and set a “buy” rating for the company in a research note on Tuesday, July 3rd. Stifel Nicolaus decreased their price target on shares of Constellation Brands, Inc. Class A from $230.00 to $224.00 and set a “hold” rating for the company in a research note on Monday, July 2nd. Pivotal Research reaffirmed a “buy” rating and set a $285.00 price target on shares of Constellation Brands, Inc. Class A in a research note on Friday, June 29th. Finally, ValuEngine raised shares of Constellation Brands, Inc. Class A from a “hold” rating to a “buy” rating in a research note on Thursday, June 28th. Five investment analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have issued a strong buy rating to the stock. Constellation Brands, Inc. Class A currently has an average rating of “Buy” and an average price target of $249.74.

Shares of Constellation Brands, Inc. Class A opened at $213.30 on Friday, Marketbeat.com reports. The company has a market capitalization of $41.06 billion, a P/E ratio of 25.06, a price-to-earnings-growth ratio of 1.95 and a beta of 0.03. Constellation Brands, Inc. Class A has a 52 week low of $194.98 and a 52 week high of $236.62. The company has a quick ratio of 0.77, a current ratio of 1.81 and a debt-to-equity ratio of 0.89.

Constellation Brands, Inc. Class A (NYSE:STZ) last issued its quarterly earnings data on Friday, June 29th. The company reported $2.20 EPS for the quarter, missing analysts’ consensus estimates of $2.42 by ($0.22). The business had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $2.05 billion. Constellation Brands, Inc. Class A had a return on equity of 19.81% and a net margin of 31.51%. The business’s quarterly revenue was up 6.1% on a year-over-year basis. During the same period last year, the firm earned $2.34 EPS. sell-side analysts predict that Constellation Brands, Inc. Class A will post 9.57 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 24th. Investors of record on Friday, August 10th will be paid a $0.74 dividend. This represents a $2.96 dividend on an annualized basis and a yield of 1.39%. The ex-dividend date is Thursday, August 9th. Constellation Brands, Inc. Class A’s dividend payout ratio (DPR) is 33.94%.

Constellation Brands, Inc. Class A Company Profile

Constellation Brands, Inc, together with its subsidiaries, produces, imports, and markets beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. The company sells wine across various categories, including table wine, sparkling wine, and dessert wine. It provides beer primarily under the Corona Extra, Corona Light, Modelo Especial, Modelo Negra, Modelo Chelada, Pacifico, and Victoria brands, as well as Funky Buddha, Obregon Brewery, and Ballast Point brands.

See Also: Price to Earnings Ratio (PE) Basics

Institutional Ownership by Quarter for Constellation Brands, Inc. Class A (NYSE:STZ)

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