Keybank National Association OH raised its holdings in Constellation Brands, Inc. (NYSE:STZ) by 23.7% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,327 shares of the company’s stock after acquiring an additional 830 shares during the quarter. Keybank National Association OH’s holdings in Constellation Brands were worth $696,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also made changes to their positions in the business. Bogart Wealth LLC grew its position in Constellation Brands by 17.6% in the 4th quarter. Bogart Wealth LLC now owns 574 shares of the company’s stock valued at $92,000 after acquiring an additional 86 shares during the last quarter. Central Bank & Trust Co. grew its position in Constellation Brands by 0.4% in the 3rd quarter. Central Bank & Trust Co. now owns 21,961 shares of the company’s stock valued at $4,735,000 after acquiring an additional 89 shares during the last quarter. UMB Bank N A MO grew its position in Constellation Brands by 0.4% in the 4th quarter. UMB Bank N A MO now owns 26,775 shares of the company’s stock valued at $4,305,000 after acquiring an additional 99 shares during the last quarter. BW Gestao de Investimentos Ltda. grew its position in Constellation Brands by 1.2% in the 3rd quarter. BW Gestao de Investimentos Ltda. now owns 8,500 shares of the company’s stock valued at $1,833,000 after acquiring an additional 100 shares during the last quarter. Finally, Armbruster Capital Management Inc. grew its position in Constellation Brands by 2.6% in the 4th quarter. Armbruster Capital Management Inc. now owns 3,907 shares of the company’s stock valued at $628,000 after acquiring an additional 100 shares during the last quarter. 72.32% of the stock is currently owned by institutional investors.

Shares of NYSE STZ opened at $175.22 on Friday. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.08 and a quick ratio of 0.43. The firm has a market cap of $33.27 billion, a P/E ratio of 20.09, a P/E/G ratio of 2.06 and a beta of 0.48. Constellation Brands, Inc. has a 1-year low of $150.37 and a 1-year high of $236.62.

Constellation Brands (NYSE:STZ) last issued its quarterly earnings data on Wednesday, January 9th. The company reported $2.37 earnings per share for the quarter, topping analysts’ consensus estimates of $2.04 by $0.33. The firm had revenue of $1.97 billion during the quarter, compared to analysts’ expectations of $1.91 billion. Constellation Brands had a return on equity of 17.62% and a net margin of 35.27%. The firm’s quarterly revenue was up 9.5% on a year-over-year basis. During the same period in the prior year, the business posted $2.00 EPS. As a group, equities analysts forecast that Constellation Brands, Inc. will post 9.2 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 26th. Investors of record on Tuesday, February 12th will be paid a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date of this dividend is Monday, February 11th. Constellation Brands’s dividend payout ratio (DPR) is currently 10.67%.

Several equities analysts have commented on STZ shares. ValuEngine raised Constellation Brands from a “hold” rating to a “buy” rating in a research report on Friday, October 12th. Zacks Investment Research raised Constellation Brands from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 16th. Morgan Stanley set a $259.00 price target on Constellation Brands and gave the stock a “buy” rating in a research report on Tuesday, October 16th. Jefferies Financial Group reissued a “buy” rating and set a $289.00 price target on shares of Constellation Brands in a research report on Wednesday, October 17th. Finally, Macquarie downgraded Constellation Brands from an “outperform” rating to a “neutral” rating and set a $210.00 price target on the stock. in a research report on Thursday, November 29th. Two analysts have rated the stock with a sell rating, seven have given a hold rating, eighteen have given a buy rating and two have assigned a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $226.81.

In related news, Director Barry A. Fromberg sold 810 shares of the company’s stock in a transaction on Friday, February 1st. The stock was sold at an average price of $173.05, for a total transaction of $140,170.50. Following the completion of the sale, the director now directly owns 20,550 shares in the company, valued at approximately $3,556,177.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 15.80% of the company’s stock.

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Constellation Brands 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.

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Institutional Ownership by Quarter for Constellation Brands (NYSE:STZ)

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