-33.19% to Target, RBC Capital Markets Reiterates Sector perform Rating for Acacia Mining (LON:ACA) Stock; Palisade Capital Management Has Raised Constellation Brands (STZ) Position

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Palisade Capital Management Llc increased Constellation Brands Inc (STZ) stake by 10.24% reported in 2018Q3 SEC filing. Palisade Capital Management Llc acquired 5,935 shares as Constellation Brands Inc (STZ)’s stock declined 11.68%. The Palisade Capital Management Llc holds 63,867 shares with $13.77 million value, up from 57,932 last quarter. Constellation Brands Inc now has $32.79 billion valuation. The stock decreased 0.98% or $1.71 during the last trading session, reaching $172.77. About 2.02 million shares traded. Constellation Brands, Inc. (NYSE:STZ) has declined 13.63% since February 12, 2018 and is downtrending. It has underperformed by 13.63% the S&P500. Some Historical STZ News: 29/03/2018 – Constellation Brands 4Q Adj EPS $1.90; 29/03/2018 – Constellation Brands Reports Fiscal 2018 Results and Fiscal 2019 Outlook; 13/03/2018 – Hughes Ships First Gateways for the Ground Network to Support OneWeb’s Low Earth Orbit Constellation; 22/03/2018 – SAIPEM SPA SPMI.Ml – SAIPEM BUYS LEWEK CONSTELLATION VESSEL; 29/03/2018 – Corona maker Constellation Brands’s quarterly sales top estimates; 29/03/2018 – Constellation Brands Sees FY19 Beer Sales Up 9%-11%; 29/03/2018 – Constellation Brands Raises Quarterly Dividend by About 42%; 15/05/2018 – Two Sigma Advisers Adds P&G, Exits Constellation Brands: 13F; 25/04/2018 – CONSTELLATION SOFTWARE 1Q REV. $719M, EST. $687.6M; 24/05/2018 – Phase Four Tapped by Astro Digital as Certified Propulsion Provider for Landmapper Constellation and the Corvus Satellite Product Line; Will Act as Reseller for Phase Four Thrusters

Expert analysts at RBC Capital Markets have GBX 130.00 price target on Acacia Mining (LON:ACA). RBC Capital Markets’s price target means a potential downside of -33.19% from the company’s last stock price. The rating was disclosed to clients in an analyst note on 11 February.

Palisade Capital Management Llc decreased Liberty Media Corp Delaware (Prn) stake by 1.20M shares to 1.50 million valued at $1.76 million in 2018Q3. It also reduced Microchip Technology Inc (NASDAQ:MCHP) stake by 76,094 shares and now owns 29,790 shares. K12 Inc (NYSE:LRN) was reduced too.

Investors sentiment decreased to 1.05 in 2018 Q3. Its down 0.20, from 1.25 in 2018Q2. It is negative, as 74 investors sold STZ shares while 256 reduced holdings. 106 funds opened positions while 240 raised stakes. 133.03 million shares or 1.81% less from 135.49 million shares in 2018Q2 were reported. Jaffetilchin Prtn Limited Liability Co invested 0.04% in Constellation Brands, Inc. (NYSE:STZ). Prudential Public Ltd stated it has 105,920 shares. Girard Prtn Limited invested in 16,885 shares. Samlyn Lc stated it has 573,973 shares or 2.8% of all its holdings. Janney Montgomery Scott Lc stated it has 0.08% of its portfolio in Constellation Brands, Inc. (NYSE:STZ). Putnam Invests Ltd Co has invested 0.03% in Constellation Brands, Inc. (NYSE:STZ). Dupont Capital Mgmt Corporation holds 0.39% of its portfolio in Constellation Brands, Inc. (NYSE:STZ) for 81,492 shares. Fiduciary Tru Com has 0.02% invested in Constellation Brands, Inc. (NYSE:STZ). Roffman Miller Assocs Pa, Pennsylvania-based fund reported 19,130 shares. Guardian Life Insurance Of America stated it has 0.02% of its portfolio in Constellation Brands, Inc. (NYSE:STZ). Murphy Capital Mngmt reported 0.06% in Constellation Brands, Inc. (NYSE:STZ). Schroder Invest Mgmt Grp Inc holds 0% of its portfolio in Constellation Brands, Inc. (NYSE:STZ) for 5,030 shares. Employees Retirement System Of Texas invested in 36,500 shares. Moreover, Ibm Retirement Fund has 0.15% invested in Constellation Brands, Inc. (NYSE:STZ). Wealthtrust holds 0% or 14 shares.

More notable recent Constellation Brands, Inc. (NYSE:STZ) news were published by: Fool.com which released: “Could Canopy Growth Could Become Larger Than Constellation Brands? – The Motley Fool” on February 10, 2019, also Investorplace.com with their article: “Constellation Brands Stock Still Can Move Higher – Investorplace.com” published on February 06, 2019, Benzinga.com published: “Analysts Continue To Like Constellation Brands (NYSE:STZ) – Benzinga” on January 17, 2019. More interesting news about Constellation Brands, Inc. (NYSE:STZ) were released by: Seekingalpha.com and their article: “Is Constellation Still A Buy? – Seeking Alpha” published on January 27, 2019 as well as Fool.com‘s news article titled: “What Constellation Brands Wants You to Know – Motley Fool” with publication date: January 15, 2019.

Since October 19, 2018, it had 0 insider purchases, and 4 insider sales for $68.19 million activity. The insider SANDS RICHARD sold 148,773 shares worth $33.28M. Shares for $140,171 were sold by FROMBERG BARRY A on Friday, February 1. 4,419 shares were sold by Kane Thomas Michael, worth $989,106 on Friday, October 19. The insider SANDS ROBERT sold 151,060 shares worth $33.79M.

Among 15 analysts covering Constellation Brands (NYSE:STZ), 9 have Buy rating, 0 Sell and 6 Hold. Therefore 60% are positive. Constellation Brands had 20 analyst reports since August 16, 2018 according to SRatingsIntel. The stock has “Buy” rating by Goldman Sachs on Thursday, January 10. HSBC upgraded the stock to “Buy” rating in Monday, January 7 report. The company was upgraded on Thursday, January 10 by Guggenheim. Deutsche Bank maintained the stock with “Buy” rating in Friday, October 5 report. SunTrust downgraded the shares of STZ in report on Monday, September 10 to “Hold” rating. The stock has “Negative” rating by Susquehanna on Monday, August 20. The company was maintained on Friday, January 11 by Morgan Stanley. The rating was maintained by JP Morgan with “Overweight” on Thursday, September 27. Wells Fargo maintained Constellation Brands, Inc. (NYSE:STZ) rating on Thursday, January 10. Wells Fargo has “Outperform” rating and $235 target. Citigroup maintained Constellation Brands, Inc. (NYSE:STZ) rating on Wednesday, October 10. Citigroup has “Neutral” rating and $240 target.

More notable recent Acacia Mining plc (LON:ACA) news were published by: Mining.com which released: “Embattled Acacia Mining lets partner up stake in Nyanzaga gold project – MINING.com” on September 06, 2018, also Mining.com with their article: “Acacia Mining searches for chairman as Dushnisky leaves for AngloGold – MINING.com” published on August 28, 2018, Omaha.com published: “Affordable Care Act rates are going up again, but not as much as in past years – Omaha World-Herald” on August 12, 2018. More interesting news about Acacia Mining plc (LON:ACA) were released by: Mining.com and their article: “Barrick’s Acacia Mining keeps suffering from Tanzania row – MINING.com” published on July 06, 2018 as well as Mining.com‘s news article titled: “New era for Barrick Gold begins – MINING.com” with publication date: January 02, 2019.

Acacia Mining plc, together with its subsidiaries, mines, processes, and sells gold in Africa. The company has market cap of 774.24 million GBP. The firm has three gold mines in north-west Tanzania, including Bulyanhulu, Buzwagi, and North Mara; and a portfolio of exploration projects at various stages of development in Tanzania, Kenya, Burkina Faso, and Mali. It currently has negative earnings. It also produces co-products, such as copper and silver.

The stock decreased 0.53% or GBX 1 during the last trading session, reaching GBX 188.8. About 107,962 shares traded. Acacia Mining plc (LON:ACA) has 0.00% since February 12, 2018 and is . It has by 0.00% the S&P500.

Among 6 analysts covering Acacia Mining Plc (LON:ACA), 2 have Buy rating, 2 Sell and 2 Hold. Therefore 33% are positive. Acacia Mining Plc has GBX 145 highest and GBX 100 lowest target. GBX 134.75’s average target is -28.63% below currents GBX 188.8 stock price. Acacia Mining Plc had 10 analyst reports since September 17, 2018 according to SRatingsIntel. As per Thursday, October 18, the company rating was maintained by JP Morgan. The firm has “Sector Performer” rating given on Friday, January 25 by RBC Capital Markets. The stock of Acacia Mining plc (LON:ACA) has “Overweight” rating given on Friday, October 12 by Barclays Capital. The rating was maintained by RBC Capital Markets on Tuesday, September 18 with “Sector Perform”. JP Morgan maintained the stock with “Underweight” rating in Thursday, January 31 report. The firm earned “Hold” rating on Wednesday, October 17 by Jefferies. The firm has “Not Rated” rating by Shore Capital given on Monday, February 11. RBC Capital Markets maintained the shares of ACA in report on Monday, February 11 with “Sector Performer” rating.

Constellation Brands, Inc. (NYSE:STZ) Institutional Positions Chart

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