Constellation Brands Inc (NYSE:STZ) was the recipient of some unusual options trading on Monday. Investors acquired 13,327 call options on the stock. This represents an increase of 909% compared to the average volume of 1,321 call options.

Shares of Constellation Brands (STZ) opened at $216.93 on Thursday. The firm has a market capitalization of $42,317.62, a P/E ratio of 26.22, a PEG ratio of 1.39 and a beta of 0.08. Constellation Brands has a 52 week low of $144.00 and a 52 week high of $227.20. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.69 and a current ratio of 1.61.

Constellation Brands (NYSE:STZ) last released its quarterly earnings data on Thursday, October 5th. The company reported $2.47 earnings per share for the quarter, beating analysts’ consensus estimates of $2.17 by $0.30. The firm had revenue of $2.08 billion during the quarter, compared to analyst estimates of $2.06 billion. Constellation Brands had a return on equity of 22.81% and a net margin of 21.47%. The business’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.77 earnings per share. sell-side analysts forecast that Constellation Brands will post 8.43 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 21st. Stockholders of record on Tuesday, November 7th were paid a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 0.96%. The ex-dividend date was Monday, November 6th. Constellation Brands’s dividend payout ratio (DPR) is presently 23.85%.

In related news, insider William A. Newlands sold 2,935 shares of the company’s stock in a transaction that occurred on Monday, October 9th. The shares were sold at an average price of $210.10, for a total value of $616,643.50. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Barry A. Fromberg sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, October 10th. The stock was sold at an average price of $208.00, for a total transaction of $520,000.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 73,662 shares of company stock worth $15,564,585. Company insiders own 15.59% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. raised its holdings in shares of Constellation Brands by 50.3% during the second quarter. Oppenheimer Asset Management Inc. now owns 577 shares of the company’s stock valued at $112,000 after acquiring an additional 193 shares in the last quarter. Hanson McClain Inc. raised its holdings in shares of Constellation Brands by 0.4% during the second quarter. Hanson McClain Inc. now owns 772 shares of the company’s stock valued at $149,000 after acquiring an additional 3 shares in the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. raised its holdings in shares of Constellation Brands by 609.1% during the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 780 shares of the company’s stock valued at $151,000 after acquiring an additional 670 shares in the last quarter. Valeo Financial Advisors LLC bought a new position in shares of Constellation Brands during the third quarter valued at approximately $153,000. Finally, Acrospire Investment Management LLC raised its holdings in shares of Constellation Brands by 100.0% during the second quarter. Acrospire Investment Management LLC now owns 800 shares of the company’s stock valued at $155,000 after acquiring an additional 400 shares in the last quarter. 75.04% of the stock is owned by hedge funds and other institutional investors.

Several research analysts recently weighed in on the stock. Royal Bank Of Canada restated a “buy” rating and issued a $226.00 price objective on shares of Constellation Brands in a research report on Sunday, November 12th. Citigroup reaffirmed a “neutral” rating and issued a $232.00 target price (up previously from $211.00) on shares of Constellation Brands in a research note on Monday, October 9th. J P Morgan Chase & Co reaffirmed an “overweight” rating and issued a $237.00 target price (up previously from $220.00) on shares of Constellation Brands in a research note on Friday, October 6th. Cowen reaffirmed an “outperform” rating and issued a $243.00 target price (up previously from $230.00) on shares of Constellation Brands in a research note on Friday, October 6th. Finally, Evercore ISI reaffirmed an “outperform” rating and issued a $235.00 target price (up previously from $230.00) on shares of Constellation Brands in a research note on Friday, October 6th. One analyst has rated the stock with a sell rating, six have given a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $216.00.

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Constellation Brands Company Profile

Constellation Brands, Inc is an international beverage alcohol company. The Company is a producer and marketer of beer, wine and spirits with operations in the United States, Canada, Mexico, New Zealand and Italy. Its segments include Beer, Wine and Spirits, and Corporate Operations and Other. It is a multi-category supplier (beer, wine and spirits) of beverage alcohol in the United States.

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