Constellation Brands A (Put) (STZ) Position Has Boosted by Paloma Partners Management Company; Bluemar Capital Management Cut Blackrock (BLK) Holding as Stock Rose

January 16, 2018 - By Nellie Frank

David Rodriguez decreased its stake in Blackrock Inc (BLK) by 29.16% based on its latest 2017Q3 regulatory filing with the SEC. Bluemar Capital Management Llc sold 3,351 shares as the company’s stock rose 1.17% with the market. The hedge fund run by David Rodriguez held 8,139 shares of the finance company at the end of 2017Q3, valued at $3.64M, down from 11,490 at the end of the previous reported quarter. Bluemar Capital Management Llc who had been investing in Blackrock Inc for a number of months, seems to be less bullish one the $89.66B market cap company. The stock increased 3.27% or $17.61 during the last trading session, reaching $555.53. About 941,849 shares traded or 109.58% up from the average. BlackRock, Inc. (NYSE:BLK) has risen 12.19% since January 16, 2017 and is uptrending. It has underperformed by 4.51% the S&P500.

Paloma Partners Management Company increased its stake in Constellation Brands Inc A (Put) (STZ) by 84.65% based on its latest 2017Q3 regulatory filing with the SEC. Paloma Partners Management Company bought 16,045 shares as the company’s stock rose 13.40% with the market. The institutional investor held 35,000 shares of the beverages (production and distribution) company at the end of 2017Q3, valued at $6.98 million, up from 18,955 at the end of the previous reported quarter. Paloma Partners Management Company who had been investing in Constellation Brands Inc A (Put) for a number of months, seems to be bullish on the $42.54 billion market cap company. The stock decreased 0.70% or $1.53 during the last trading session, reaching $217.52. About 4.27 million shares traded or 170.72% up from the average. Constellation Brands, Inc. (NYSE:STZ) has risen 17.20% since January 16, 2017 and is uptrending. It has outperformed by 0.50% the S&P500.

Since August 1, 2017, it had 0 buys, and 5 insider sales for $24.74 million activity. $2.47M worth of Constellation Brands, Inc. (NYSE:STZ) shares were sold by Hackett William F.. FROMBERG BARRY A also sold $520,000 worth of Constellation Brands, Inc. (NYSE:STZ) shares. Newlands William A sold $616,644 worth of Constellation Brands, Inc. (NYSE:STZ) on Monday, October 9.

Investors sentiment decreased to 1.14 in Q3 2017. Its down 0.02, from 1.16 in 2017Q2. It is negative, as 40 investors sold STZ shares while 242 reduced holdings. 79 funds opened positions while 243 raised stakes. 144.05 million shares or 0.63% more from 143.15 million shares in 2017Q2 were reported. Westfield Mgmt Company L P, Massachusetts-based fund reported 857,830 shares. Eagle Asset Mgmt accumulated 256,276 shares. Virtus Advisers, Connecticut-based fund reported 38,629 shares. Caisse De Depot Et Placement Du Quebec stated it has 200,770 shares or 0.09% of all its holdings. 887,400 were reported by Pointstate Cap L P. Iowa-based Principal Group has invested 0.05% in Constellation Brands, Inc. (NYSE:STZ). Van Hulzen Asset Mngmt Ltd Limited Liability Company holds 0.2% or 3,013 shares. Montecito State Bank And holds 1,829 shares or 0.13% of its portfolio. Cetera Advisor Net Limited Liability Corp holds 0.05% or 5,119 shares in its portfolio. 7.08M are held by Lone Pine Cap Lc. Two Creeks Capital Mgmt LP holds 710,379 shares. Uss Investment Mgmt has invested 1.19% in Constellation Brands, Inc. (NYSE:STZ). Nelson Roberts Advsrs Lc reported 25,155 shares. Karpus Management holds 4,240 shares or 0.04% of its portfolio. Wesbanco National Bank & Trust Incorporated holds 0.77% or 73,984 shares.

Among 22 analysts covering Constellation Brands (NYSE:STZ), 15 have Buy rating, 0 Sell and 7 Hold. Therefore 68% are positive. Constellation Brands had 74 analyst reports since August 27, 2015 according to SRatingsIntel. The stock has “Outperform” rating by RBC Capital Markets on Friday, April 7. The stock has “Overweight” rating by Barclays Capital on Thursday, December 17. The company was maintained on Friday, December 11 by Stifel Nicolaus. The stock has “Buy” rating by Goldman Sachs on Thursday, April 7. The firm earned “Buy” rating on Friday, June 16 by RBC Capital Markets. The company was initiated on Tuesday, December 15 by UBS. The stock of Constellation Brands, Inc. (NYSE:STZ) has “Neutral” rating given on Thursday, September 17 by Nomura. RBC Capital Markets maintained the stock with “Buy” rating in Friday, June 30 report. JP Morgan maintained Constellation Brands, Inc. (NYSE:STZ) rating on Thursday, April 7. JP Morgan has “Neutral” rating and $175 target. On Thursday, June 29 the stock rating was maintained by Credit Suisse with “Hold”.

Paloma Partners Management Company, which manages about $7.27 billion US Long portfolio, decreased its stake in Alleghany Corp (NYSE:Y) by 699 shares to 1,571 shares, valued at $870,000 in 2017Q3, according to the filing. It also reduced its holding in Marsh Mclennan Co (NYSE:MMC) by 10,749 shares in the quarter, leaving it with 14,462 shares, and cut its stake in Factset Research Sys Inc (NYSE:FDS).

Investors sentiment increased to 1.38 in Q3 2017. Its up 0.10, from 1.28 in 2017Q2. It improved, as 27 investors sold BLK shares while 287 reduced holdings. 103 funds opened positions while 331 raised stakes. 130.57 million shares or 0.55% more from 129.86 million shares in 2017Q2 were reported. Twin Focus Prns Ltd Co holds 0.54% or 2,312 shares. Third Point Ltd Limited Liability Company has invested 5.83% in BlackRock, Inc. (NYSE:BLK). Boston Advsrs Limited Liability Company has invested 0.01% in BlackRock, Inc. (NYSE:BLK). Fairfield Bush Commerce reported 2,000 shares stake. Blb&B Limited Liability Corporation invested in 0.03% or 481 shares. Wealthtrust has 75 shares. Loring Wolcott Coolidge Fiduciary Advsr Llp Ma stated it has 0% of its portfolio in BlackRock, Inc. (NYSE:BLK). Cibc Markets Inc reported 8,615 shares. 6,000 are owned by Kemper Corporation Master Retirement. Ftb Advisors has 740 shares. Pennsylvania-based Citizens And Northern has invested 0.29% in BlackRock, Inc. (NYSE:BLK). Summit Secs Grp Ltd Limited Liability Company invested 0.08% in BlackRock, Inc. (NYSE:BLK). The Pennsylvania-based Mycio Wealth Prns Ltd has invested 0.04% in BlackRock, Inc. (NYSE:BLK). Qs Llc, a New York-based fund reported 2,377 shares. Tctc Llc accumulated 0.03% or 979 shares.

Among 17 analysts covering BlackRock (NYSE:BLK), 13 have Buy rating, 0 Sell and 4 Hold. Therefore 76% are positive. BlackRock had 77 analyst reports since August 26, 2015 according to SRatingsIntel. On Tuesday, April 12 the stock rating was maintained by Credit Suisse with “Outperform”. The firm has “Hold” rating by Keefe Bruyette & Woods given on Friday, June 23. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Friday, September 15 report. The firm has “Outperform” rating given on Thursday, September 3 by Wood. The stock has “Hold” rating by Jefferies on Thursday, August 17. The rating was maintained by Barclays Capital on Tuesday, August 9 with “Equal-Weight”. Barclays Capital maintained BlackRock, Inc. (NYSE:BLK) on Tuesday, April 5 with “Equal-Weight” rating. Barclays Capital maintained BlackRock, Inc. (NYSE:BLK) on Wednesday, August 26 with “Equal-Weight” rating. The stock has “Buy” rating by Argus Research on Monday, January 18. The firm earned “Buy” rating on Thursday, October 15 by Deutsche Bank.

Bluemar Capital Management Llc, which manages about $314.00 million and $199.59M US Long portfolio, upped its stake in Hancock Hldg Co (NASDAQ:HBHC) by 41,600 shares to 82,900 shares, valued at $4.02 million in 2017Q3, according to the filing. It also increased its holding in Hyatt Hotels Corp (NYSE:H) by 22,953 shares in the quarter, for a total of 96,053 shares, and has risen its stake in Stifel Finl Corp (NYSE:SF).

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