Traders sold shares of Constellation Brands, Inc. Class A (NYSE:STZ) on strength during trading on Monday. $72.91 million flowed into the stock on the tick-up and $129.17 million flowed out of the stock on the tick-down, for a money net flow of $56.26 million out of the stock. Of all companies tracked, Constellation Brands, Inc. Class A had the 14th highest net out-flow for the day. Constellation Brands, Inc. Class A traded up $0.28 for the day and closed at $212.33

STZ has been the subject of several research analyst reports. Stifel Nicolaus lifted their price target on shares of Constellation Brands, Inc. Class A from $228.00 to $230.00 and gave the company a “hold” rating in a research note on Thursday, May 31st. OTR Global downgraded shares of Constellation Brands, Inc. Class A to a “positive” rating in a research note on Friday, June 15th. 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. Pivotal Research reissued a “buy” rating and issued a $285.00 price objective on shares of Constellation Brands, Inc. Class A in a research note on Friday, June 29th. Finally, Morgan Stanley reduced their price objective 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. Two analysts have rated the stock with a sell rating, six have assigned a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $242.40.

The company has a market capitalization of $41.30 billion, a P/E ratio of 24.35, a P/E/G ratio of 2.13 and a beta of 0.03. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.77 and a current ratio of 1.81.

Constellation Brands, Inc. Class A (NYSE:STZ) last issued its quarterly earnings results on Friday, June 29th. The company reported $2.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.42 by ($0.22). The business had revenue of $2.05 billion for the quarter, compared to analyst estimates 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 revenue for the quarter was up 6.1% on a year-over-year basis. During the same period in the previous year, the company posted $2.34 earnings per share. equities analysts anticipate that Constellation Brands, Inc. Class A will post 9.33 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, August 24th. Stockholders of record on Friday, August 10th were given a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.39%. The ex-dividend date was Thursday, August 9th. Constellation Brands, Inc. Class A’s payout ratio is presently 10.67%.

Hedge funds have recently modified their holdings of the company. Sun Life Financial INC increased its position in shares of Constellation Brands, Inc. Class A by 155.3% during the second quarter. Sun Life Financial INC now owns 457 shares of the company’s stock worth $100,000 after purchasing an additional 278 shares in the last quarter. Clarus Wealth Advisors acquired a new position in shares of Constellation Brands, Inc. Class A during the second quarter worth $111,000. Atlantic Trust LLC acquired a new position in shares of Constellation Brands, Inc. Class A during the second quarter worth $114,000. Benjamin F. Edwards & Company Inc. increased its position in shares of Constellation Brands, Inc. Class A by 227.3% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 527 shares of the company’s stock worth $115,000 after purchasing an additional 366 shares in the last quarter. Finally, Stelac Advisory Services LLC acquired a new position in shares of Constellation Brands, Inc. Class A during the second quarter worth $125,000. 73.49% of the stock is currently owned by institutional investors and hedge funds.

About Constellation Brands, Inc. Class A (NYSE:STZ)

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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