As Constellation Brands (STZ) Market Valuation Declined, Holder Hoplite Capital Management LP Has Trimmed by $13.94 Million Its Holding; Founders Financial Securities Has Decreased Its Position in Bhp Billiton LTD (BHP) by $338,272

August 10, 2018 - By Billy Entrekin

BHP Billiton Limited (NYSE:BHP) Logo

Founders Financial Securities Llc decreased its stake in Bhp Billiton Ltd (BHP) by 52.5% based on its latest 2018Q1 regulatory filing with the SEC. Founders Financial Securities Llc sold 7,688 shares as the company’s stock rose 0.33% while stock markets declined. The institutional investor held 6,955 shares of the precious metals company at the end of 2018Q1, valued at $309,000, down from 14,643 at the end of the previous reported quarter. Founders Financial Securities Llc who had been investing in Bhp Billiton Ltd for a number of months, seems to be less bullish one the $137.14 billion market cap company. The stock decreased 0.34% or $0.17 during the last trading session, reaching $50.14. About 1.46M shares traded. BHP Billiton Limited (NYSE:BHP) has risen 35.38% since August 10, 2017 and is uptrending. It has outperformed by 22.81% the S&P500. Some Historical BHP News: 20/03/2018 – BHP SUPPORTS EFFORTS TO LOWER TRADE BARRIERS ON GLOBAL BASIS; 06/05/2018 – BHP SEES CHINA’S STEEL INDUSTRY REMAINING PROFITABLE; 18/04/2018 – BHP 3rd-quarter iron ore output up 8 pct, cuts forecast; 04/04/2018 – BHP Billiton to Leave World Coal Association; 16/05/2018 – BHP BILLITON PLC BLT.L : JP MORGAN RAISES TARGET PRICE TO 1650P FROM1640P; 18/04/2018 – ADELAIDE BRIGHTON LTD – ADELAIDE BRIGHTON SIGNS MAJOR SA CEMENT CONTRACT,BHP-ABC.AX; 19/04/2018 – BHP Billiton Target Prices Cut 1% to A$35.20, GBP17.10, ZAR285 by Macquarie; 18/04/2018 – BHP Trims Iron Ore, Olympic Dam Output Forecasts; 15/05/2018 – BHP Says Soaring Oil and Trump Tax Cuts Mean More Shale Buyers; 07/03/2018 – BHP VP OF EXPLORATION NIALL MCCORMACK COMMENTS AT CERAWEEK

Hoplite Capital Management Lp decreased its stake in Constellation Brands Inc (STZ) by 24.4% based on its latest 2018Q1 regulatory filing with the SEC. Hoplite Capital Management Lp sold 61,418 shares as the company’s stock declined 0.56% with the market. The hedge fund held 190,248 shares of the beverages (production and distribution) company at the end of 2018Q1, valued at $43.36 million, down from 251,666 at the end of the previous reported quarter. Hoplite Capital Management Lp who had been investing in Constellation Brands Inc for a number of months, seems to be less bullish one the $41.03B market cap company. The stock increased 0.52% or $1.11 during the last trading session, reaching $214.78. About 1.04 million shares traded. Constellation Brands, Inc. (NYSE:STZ) has risen 20.36% since August 10, 2017 and is uptrending. It has outperformed by 7.79% the S&P500. Some Historical STZ News: 27/03/2018 – NVIDIA Introduces DRIVE Constellation Simulation System to Safely Drive Autonomous Vehicles Billions of Miles in Virtual Reality; 14/03/2018 – Corona Premier Hits Shelves Across U.S. in March; 29/03/2018 – STZ: PLEASED WITH BENEFITS OF TAX OVERHAUL, EXPECT 19% TAX RATE; 09/05/2018 – S&PGR Downgrades QGOG Constellation To ‘D’ From ‘B’; 29/03/2018 – STZ CEO: CANOPY GROWTH INVESTMENT ALLOWS 1ST MOVER ADVANTAGE; 08/03/2018 – Seven Infor Solutions Named on the Constellation ShortList™ Portfolio; 20/03/2018 – CONSTELLATION BRANDS TO INVEST APPROXIMATELY $900 MILLION USD TO INCREASE CAPACITY AT ITS PLANT IN CIUDAD OBREGĂ“N; 06/04/2018 – CONSTELLATION PHARMACEUTICALS INC DISCLOSES IN FORM D WITH U.S. SEC THAT THE TOTAL OFFERING AMOUNT WAS FOR $100 MLN; 29/03/2018 – Constellation Brands 4Q EPS $4.64; 06/03/2018 Wasabi and Cloud Constellation Corporation to Deliver a New Generation of Space-Based Cloud Data Storage and Security Services

Among 26 analysts covering BHP Billiton Limited (ADR) (NYSE:BHP), 11 have Buy rating, 3 Sell and 12 Hold. Therefore 42% are positive. BHP Billiton Limited (ADR) had 63 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of BHP Billiton Limited (NYSE:BHP) has “Underperform” rating given on Tuesday, March 15 by Macquarie Research. The stock of BHP Billiton Limited (NYSE:BHP) earned “Overweight” rating by Barclays Capital on Friday, May 4. The rating was upgraded by Credit Suisse on Tuesday, December 15 to “Outperform”. The rating was upgraded by Deutsche Bank to “Buy” on Wednesday, July 5. IBC downgraded the stock to “Sector Perform” rating in Friday, January 8 report. The firm earned “Buy” rating on Friday, April 7 by CLSA. The firm earned “Buy” rating on Monday, April 18 by Bank of America. The stock has “Sell” rating by Liberum Capital on Thursday, October 29. On Wednesday, March 9 the stock rating was downgraded by Jefferies to “Hold”. On Tuesday, August 23 the stock rating was upgraded by Jefferies to “Buy”.

More notable recent BHP Billiton Limited (NYSE:BHP) news were published by: Bizjournals.com which released: “5 things to know in Texas energy this week” on July 30, 2018, also Seekingalpha.com with their article: “BHP formally asks for government mediation at Escondida mine” published on August 07, 2018, Seekingalpha.com published: “Bloomberg: BHP plans to boost cobalt output as battery ambitions grow” on August 06, 2018. More interesting news about BHP Billiton Limited (NYSE:BHP) were released by: Seekingalpha.com and their article: “The Good, The Bad And The Ugly Of The Brazilian Presidential Candidates” published on August 09, 2018 as well as Bizjournals.com‘s news article titled: “BHP Billiton selling Eagle Ford, other US assets for $10.8B” with publication date: July 27, 2018.

Founders Financial Securities Llc, which manages about $511.93 million and $309.24M US Long portfolio, upped its stake in Dbx Etf Tr (DBEF) by 46,953 shares to 407,941 shares, valued at $12.53 million in 2018Q1, according to the filing. It also increased its holding in Vanguard Bd Index Fd Inc (BND) by 4,214 shares in the quarter, for a total of 97,598 shares, and has risen its stake in Ishares Tr (AGG).

More news for Constellation Brands, Inc. (NYSE:STZ) were recently published by: Fool.com, which released: “Molson Coors Picks Its Cannabis Partner: What It Means for Marijuana Stocks” on August 03, 2018. Fool.com‘s article titled: “Is Constellation Brands Headed for Slower Growth?” and published on July 12, 2018 is yet another important article.

Among 23 analysts covering Constellation Brands (NYSE:STZ), 15 have Buy rating, 0 Sell and 8 Hold. Therefore 65% are positive. Constellation Brands had 86 analyst reports since August 27, 2015 according to SRatingsIntel. RBC Capital Markets maintained Constellation Brands, Inc. (NYSE:STZ) rating on Friday, June 16. RBC Capital Markets has “Buy” rating and $20500 target. The stock of Constellation Brands, Inc. (NYSE:STZ) has “Neutral” rating given on Thursday, October 6 by UBS. The company was maintained on Monday, January 11 by Argus Research. The rating was initiated by Credit Suisse with “Neutral” on Friday, September 16. Pivotal Research maintained the shares of STZ in report on Thursday, April 6 with “Buy” rating. As per Monday, January 8, the company rating was maintained by Credit Suisse. The stock of Constellation Brands, Inc. (NYSE:STZ) earned “Outperform” rating by Wells Fargo on Tuesday, April 5. The rating was maintained by Cowen & Co on Thursday, October 5 with “Buy”. As per Friday, October 6, the company rating was maintained by RBC Capital Markets. As per Friday, December 22, the company rating was maintained by Stifel Nicolaus.

Investors sentiment decreased to 1.18 in 2018 Q1. Its down 0.06, from 1.24 in 2017Q4. It worsened, as 45 investors sold STZ shares while 256 reduced holdings. 99 funds opened positions while 256 raised stakes. 134.88 million shares or 3.87% less from 140.30 million shares in 2017Q4 were reported. Next Fin Grp Inc Inc owns 1,755 shares or 0.08% of their US portfolio. Donaldson Capital Mgmt Ltd Co holds 0.02% of its portfolio in Constellation Brands, Inc. (NYSE:STZ) for 894 shares. Cleararc holds 0.15% or 4,426 shares. Whittier Tru Of Nevada Inc reported 0% in Constellation Brands, Inc. (NYSE:STZ). Jaffetilchin Prns Ltd Liability Corporation reported 0.18% of its portfolio in Constellation Brands, Inc. (NYSE:STZ). Uss Investment Mngmt Ltd holds 2.23% of its portfolio in Constellation Brands, Inc. (NYSE:STZ) for 862,481 shares. Profund Advsrs Ltd has 4,449 shares. Rwc Asset Mngmt Ltd Liability Partnership holds 0.41% or 34,000 shares. Chicago Equity Prns Ltd Liability Com stated it has 4,435 shares. Security National stated it has 0.28% in Constellation Brands, Inc. (NYSE:STZ). Palisade Mgmt Ltd Co Nj owns 0.45% invested in Constellation Brands, Inc. (NYSE:STZ) for 58,001 shares. Toth Finance Advisory Corp reported 43 shares or 0% of all its holdings. Pnc Fin Services holds 0.23% or 1.01 million shares in its portfolio. Stephens Inc Ar holds 1,250 shares or 0.01% of its portfolio. Concorde Asset Mgmt Limited Liability reported 2,160 shares stake.

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

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