Buttonwood Financial Advisors Inc. Has $823,000 Stock Holdings in Constellation Brands Inc $STZ

Buttonwood Financial Advisors Inc. lifted its holdings in Constellation Brands Inc (NYSE:STZ) by 195.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,114 shares of the company’s stock after buying an additional 4,045 shares during the quarter. Buttonwood Financial Advisors Inc.’s holdings in Constellation Brands were worth $823,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Gilbert & Cook Inc. raised its stake in shares of Constellation Brands by 2.6% in the second quarter. Gilbert & Cook Inc. now owns 2,385 shares of the company’s stock worth $388,000 after acquiring an additional 60 shares during the last quarter. V Square Quantitative Management LLC increased its holdings in shares of Constellation Brands by 3.8% in the second quarter. V Square Quantitative Management LLC now owns 1,682 shares of the company’s stock valued at $274,000 after purchasing an additional 62 shares in the last quarter. Oak Asset Management LLC raised its position in Constellation Brands by 0.4% in the 2nd quarter. Oak Asset Management LLC now owns 18,281 shares of the company’s stock worth $2,974,000 after purchasing an additional 70 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in Constellation Brands by 9.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 813 shares of the company’s stock worth $149,000 after buying an additional 73 shares in the last quarter. Finally, Private Trust Co. NA boosted its position in Constellation Brands by 0.7% in the 3rd quarter. Private Trust Co. NA now owns 11,001 shares of the company’s stock valued at $1,481,000 after buying an additional 75 shares during the last quarter. Institutional investors own 77.34% of the company’s stock.

Constellation Brands Price Performance

Shares of STZ opened at $141.11 on Friday. The stock has a market cap of $24.70 billion, a P/E ratio of 20.60, a price-to-earnings-growth ratio of 0.41 and a beta of 0.45. Constellation Brands Inc has a 1 year low of $126.45 and a 1 year high of $228.89. The stock’s 50-day moving average price is $136.06 and its two-hundred day moving average price is $149.09. The company has a current ratio of 1.08, a quick ratio of 0.54 and a debt-to-equity ratio of 1.26.

Constellation Brands (NYSE:STZ) last announced its quarterly earnings results on Thursday, February 23rd. The company reported $3.12 earnings per share for the quarter. Constellation Brands had a net margin of 11.88% and a return on equity of 29.82%. The business had revenue of $2.32 billion for the quarter. On average, equities analysts predict that Constellation Brands Inc will post 13.5 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have recently weighed in on STZ. Needham & Company LLC restated a “buy” rating and set a $180.00 target price on shares of Constellation Brands in a research report on Wednesday, October 8th. Morgan Stanley lowered their price objective on Constellation Brands from $176.00 to $160.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 7th. Zacks Research raised Constellation Brands from a “strong sell” rating to a “hold” rating in a report on Monday, November 3rd. Wells Fargo & Company cut their target price on shares of Constellation Brands from $170.00 to $155.00 and set an “overweight” rating on the stock in a research report on Thursday, September 25th. Finally, JPMorgan Chase & Co. began coverage on shares of Constellation Brands in a research note on Friday, November 7th. They issued a “neutral” rating and a $153.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, ten have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat, Constellation Brands presently has an average rating of “Hold” and an average price target of $181.96.

Constellation Brands Company Profile

Constellation Brands, Inc is a leading producer and marketer of beer, wine and spirits, with operations spanning production, importation, marketing and distribution. The company’s beverage portfolio includes a range of premium and mainstream wines and spirits alongside major imported beer brands; in the U.S. market Constellation is widely known for its role in bringing Mexican imports such as Corona and Modelo to American consumers. Constellation supplies retail, on‑premise and foodservice channels and supports its brands with national sales and marketing platforms and supply‑chain capabilities.

The company traces its roots to the Canandaigua Wine Company, founded by Marvin Sands in 1945, and evolved through organic growth and acquisition into a diversified beverage company.