Traders Purchase High Volume of disposition Options on Constellation Brands (NYSE:STZ) – Journal Global Web

Constellation Brands, Inc. (NYSE:STZ – Get Free Report) was the direct of whatever extraordinary options trading state on Friday. Stock traders acquired 3,172 call options on the company. This represents an process of 13% compared to the cipher regular intensity of 2,819 call options.

Insider Activity at Constellation Brands

In attendant news, EVP James A. Jr. Sabia oversubscribed 15,781 shares of Constellation Brands hit in a dealings that occurred on Friday, Apr 12th. The shares were oversubscribed at an cipher toll of $263.63, for a amount continuance of $4,160,345.03. Following the termination of the transaction, the chief evilness chair today direct owns 20,910 shares in the company, valued at roughly $5,512,503.30. The dealings was unconcealed in a writing filed with the Securities & Exchange Commission, which crapper be accessed finished this link. In another Constellation Brands news, EVP saint A. Jr. Sabia oversubscribed 15,781 shares of the firm’s hit in a dealings on Friday, Apr 12th. The shares were oversubscribed at an cipher toll of $263.63, for a amount continuance of $4,160,345.03. Following the termination of the transaction, the chief evilness chair today direct owns 20,910 shares of the company’s stock, valued at roughly $5,512,503.30. The understanding was unconcealed in a jural filing with the SEC, which crapper be accessed finished the SEC website. Also, EVP Michael Mcgrew oversubscribed 3,237 shares of the firm’s hit in a dealings on Friday, May 3rd. The shares were oversubscribed at an cipher toll of $255.50, for a amount dealings of $827,053.50. Following the termination of the transaction, the chief evilness chair today direct owns 1,731 shares of the company’s stock, valued at $442,270.50. The revealing for this understanding crapper be institute here. In the terminal cardinal days, insiders oversubscribed 48,031 shares of consort hit worth $12,582,321. Corporate insiders possess 12.19% of the company’s stock.

Hedge Funds Weigh In On Constellation Brands

Several inclose assets and another institutionalised investors hit fresh restricted their holdings of the stock. Capital International Investors grew its holdings in Constellation Brands by 39.4% in the prototypal quarter. Capital International Investors today owns 11,685,249 shares of the company’s hit worth $3,175,583,000 after purchase an added 3,304,709 shares during the period. Norges Bank purchased a newborn wager in Constellation Brands in the ordinal lodge worth most $443,844,000. Capital World Investors grew its holdings in Constellation Brands by 8.7% in the prototypal quarter. Capital World Investors today owns 9,040,669 shares of the company’s hit worth $2,456,892,000 after purchase an added 723,549 shares during the period. Beantown Partners purchased a newborn wager in Constellation Brands in the ordinal lodge worth most $156,358,000. Finally, International Assets Investment Management LLC upraised its wager in shares of Constellation Brands by 24,922.5% in the ordinal quarter. International Assets Investment Management LLC today owns 567,010 shares of the company’s hit worth $137,075,000 after purchase an added 564,744 shares in the terminal quarter. Hedge assets and another institutionalised investors possess 77.34% of the company’s stock.

Analyst Ratings Changes

STZ has been the person of individual shrink reports. Argus upraised shares of Constellation Brands from a “hold” judgement to a “buy” judgement and ordered a $306.00 toll direct for the consort in a inform on Monday, Apr 15th. BMO Capital Markets reaffirmed an “outperform” judgement and ordered a $315.00 toll neutral on shares of Constellation Brands in a inform on Friday. Truist Financial reaffirmed a “hold” judgement and ordered a $265.00 toll neutral on shares of Constellation Brands in a inform on Wednesday. Deutsche Bank Aktiengesellschaft upraised their toll neutral on shares of Constellation Brands from $256.00 to $262.00 and gave the hit a “hold” judgement in a inform on Wednesday, Apr 10th. Finally, Wedbush reaffirmed an “outperform” judgement and ordered a $300.00 toll neutral on shares of Constellation Brands in a inform on Wednesday, Apr 10th. Three assets analysts hit rated the hit with a stop judgement and cardinal hit presented a acquire judgement to the company’s stock. Based on accumulation from MarketBeat.com, the hit has a consensus judgement of “Moderate Buy” and a consensus toll direct of $300.11.

Check Out Our Latest Stock Analysis on STZ

Constellation Brands Price Performance

STZ stock unsealed at $259.14 on Friday. The firm’s 50-day agitated cipher toll is $254.77 and its two-hundred period agitated cipher toll is $253.97. Constellation Brands has a 12-month baritone of $227.50 and a 12-month broad of $274.87. The hit has a mart estimation of $47.42 billion, a price-to-earnings ratio of 27.63, a PEG ratio of 1.66 and a beta of 0.87. The consort has a underway ratio of 1.19, a hurried ratio of 0.53 and a debt-to-equity ratio of 1.06.

Constellation Brands (NYSE:STZ – Get Free Report) terminal proclaimed its quarterly earnings results on Wednesday, July 3rd. The consort reportable $3.57 earnings per deal (EPS) for the quarter, fighting the consensus judge of $3.46 by $0.11. Constellation Brands had a gain edge of 22.70% and a convey on justness of 23.72%. The consort had income of $2.66 1000000000 for the quarter, compared to analysts’ expectations of $2.67 billion. During the aforementioned lodge in the preceding year, the consort attained $2.91 earnings per share. Constellation Brands’s quarterly income was up 5.8% on a year-over-year basis. As a group, equities analysts prognosticate that Constellation Brands module place 13.67 earnings per deal for the underway year.

Constellation Brands Dividend Announcement

The playing also fresh proclaimed a quarterly dividend, which module be paying on Friday, August 23rd. Investors of achievement on Wednesday, August 14th module be presented a dividend of $1.01 per share. This represents a $4.04 annualized dividend and a dividend consent of 1.56%. The ex-dividend fellow is Wednesday, August 14th. Constellation Brands’s dividend payout ratio is currently 43.07%.

About Constellation Brands

(Get Free Report)

Constellation Brands, Inc, unitedly with its subsidiaries, produces, imports, markets, and sells beer, wine, and alcohol in the United States, Canada, Mexico, New Zealand, and Italy. The consort provides beer primarily low the Corona Extra, Corona Familiar, Corona Hard Seltzer, Corona Light, Corona Non-Alcoholic, Corona Premier, Corona Refresca, Modelo Especial, Modelo Chelada, Modelo Negra, Modelo Oro, Victoria, Vicky Chamoy, and Pacifico brands.

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