Hl Financial Services Increases Stake in Constellation Brands (STZ); Beaumont Financial Partners Cut At&T (T) Position by $442,472 as Shares Declined

April 24, 2018 - By Ellis Scott

AT&T Inc. (NYSE:T) Logo

Beaumont Financial Partners Llc decreased its stake in At&T Inc (T) by 5.55% based on its latest 2017Q4 regulatory filing with the SEC. Beaumont Financial Partners Llc sold 11,644 shares as the company’s stock declined 10.37% with the market. The institutional investor held 198,310 shares of the telecommunications equipment company at the end of 2017Q4, valued at $7.71M, down from 209,954 at the end of the previous reported quarter. Beaumont Financial Partners Llc who had been investing in At&T Inc for a number of months, seems to be less bullish one the $226.62 billion market cap company. The stock increased 0.63% or $0.22 during the last trading session, reaching $34.89. About 21.21M shares traded. AT&T Inc. (NYSE:T) has declined 15.88% since April 24, 2017 and is downtrending. It has underperformed by 27.43% the S&P500.

Hl Financial Services Llc increased its stake in Constellation Brands (STZ) by 2.98% based on its latest 2017Q4 regulatory filing with the SEC. Hl Financial Services Llc bought 1,516 shares as the company’s stock declined 2.39% with the market. The institutional investor held 52,386 shares of the beverages (production and distribution) company at the end of 2017Q4, valued at $11.98M, up from 50,870 at the end of the previous reported quarter. Hl Financial Services Llc who had been investing in Constellation Brands for a number of months, seems to be bullish on the $44.60 billion market cap company. The stock increased 0.30% or $0.68 during the last trading session, reaching $228.26. About 879,976 shares traded. Constellation Brands, Inc. (NYSE:STZ) has risen 33.47% since April 24, 2017 and is uptrending. It has outperformed by 21.92% the S&P500.

Investors sentiment decreased to 0.91 in Q4 2017. Its down 0.26, from 1.17 in 2017Q3. It turned negative, as 67 investors sold T shares while 714 reduced holdings. 125 funds opened positions while 589 raised stakes. 3.09 billion shares or 7.58% less from 3.34 billion shares in 2017Q3 were reported. Nichols And Pratt Advisers Llp Ma reported 102,264 shares. Bonness Enterp Inc holds 1.18% or 44,800 shares in its portfolio. Cullen Frost Bankers Inc, a Texas-based fund reported 775,632 shares. Peoples Fincl Svcs invested in 1.58% or 74,219 shares. Kistler reported 44,432 shares. Coastline Com has 107,094 shares for 0.63% of their portfolio. Stoneridge Inv Prtn Ltd Liability Corporation stated it has 182,980 shares. Chemung Canal Tru Comm stated it has 58,961 shares or 0.5% of all its holdings. 46,549 are owned by Osborne Mngmt Lc. Weaver C Barksdale And Associates Incorporated holds 40,696 shares or 1.66% of its portfolio. Rockland Company stated it has 443,231 shares or 2.22% of all its holdings. Capstone Fin Advsr owns 21,350 shares or 0.31% of their US portfolio. Institute For Wealth Mngmt Ltd Liability Corp stated it has 0.58% of its portfolio in AT&T Inc. (NYSE:T). Peninsula Asset Management has 50,232 shares. Nj State Employees Deferred Compensation Plan stated it has 45,000 shares.

Beaumont Financial Partners Llc, which manages about $2.17 billion and $853.24 million US Long portfolio, upped its stake in Vanguard Intl Equity Index F (VWO) by 15,364 shares to 417,972 shares, valued at $19.19 million in 2017Q4, according to the filing. It also increased its holding in Ishares Tr (IBB) by 12,409 shares in the quarter, for a total of 19,068 shares, and has risen its stake in Ssga Active Etf Tr.

Among 31 analysts covering AT&T Inc. (NYSE:T), 12 have Buy rating, 1 Sell and 18 Hold. Therefore 39% are positive. AT&T Inc. had 79 analyst reports since July 27, 2015 according to SRatingsIntel. RBC Capital Markets maintained AT&T Inc. (NYSE:T) on Monday, October 2 with “Hold” rating. As per Thursday, July 13, the company rating was downgraded by Bank of America. Buckingham Research downgraded AT&T Inc. (NYSE:T) on Friday, June 24 to “Neutral” rating. FBR Capital maintained it with “Mkt Perform” rating and $42 target in Friday, July 22 report. Deutsche Bank maintained the stock with “Buy” rating in Monday, November 14 report. The stock has “Hold” rating by Cowen & Co on Monday, September 18. The company was maintained on Monday, March 14 by Citigroup. The rating was upgraded by HSBC on Wednesday, March 28 to “Buy”. The stock of AT&T Inc. (NYSE:T) has “Hold” rating given on Friday, April 20 by Scotia Capital. The rating was maintained by RBC Capital Markets on Monday, August 28 with “Hold”.

Analysts await AT&T Inc. (NYSE:T) to report earnings on April, 25 after the close. They expect $0.87 earnings per share, up 17.57% or $0.13 from last year’s $0.74 per share. T’s profit will be $5.65B for 10.03 P/E if the $0.87 EPS becomes a reality. After $0.78 actual earnings per share reported by AT&T Inc. for the previous quarter, Wall Street now forecasts 11.54% EPS growth.

Hl Financial Services Llc, which manages about $5.17B US Long portfolio, decreased its stake in Cvs Health (NYSE:CVS) by 88,614 shares to 1.57M shares, valued at $113.75M in 2017Q4, according to the filing. It also reduced its holding in Exxon Mobil Corp (NYSE:XOM) by 29,903 shares in the quarter, leaving it with 1.36M shares, and cut its stake in Cbl & Assoc Properties (NYSE:CBL).

Among 23 analysts covering Constellation Brands (NYSE:STZ), 15 have Buy rating, 0 Sell and 8 Hold. Therefore 65% are positive. Constellation Brands had 83 analyst reports since August 27, 2015 according to SRatingsIntel. Morgan Stanley maintained the stock with “Overweight” rating in Friday, October 6 report. The firm has “Outperform” rating by Wells Fargo given on Tuesday, April 5. The stock of Constellation Brands, Inc. (NYSE:STZ) earned “Buy” rating by Morgan Stanley on Monday, April 16. The stock of Constellation Brands, Inc. (NYSE:STZ) has “Overweight” rating given on Thursday, October 6 by Morgan Stanley. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, June 30 report. The rating was maintained by Argus Research with “Buy” on Monday, January 11. RBC Capital Markets maintained the stock with “Buy” rating in Friday, June 16 report. The stock has “Outperform” rating by RBC Capital Markets on Tuesday, September 8. Nomura initiated Constellation Brands, Inc. (NYSE:STZ) rating on Thursday, September 17. Nomura has “Neutral” rating and $130 target. The stock of Constellation Brands, Inc. (NYSE:STZ) earned “Buy” rating by Cowen & Co on Thursday, March 29.

Investors sentiment increased to 1.24 in 2017 Q4. Its up 0.10, from 1.14 in 2017Q3. It increased, as 43 investors sold STZ shares while 243 reduced holdings. 97 funds opened positions while 257 raised stakes. 140.30 million shares or 2.61% less from 144.05 million shares in 2017Q3 were reported. Martingale Asset Mngmt LP reported 0.13% in Constellation Brands, Inc. (NYSE:STZ). Bremer Natl Association holds 1,216 shares. Thompson Davis And Company has 100 shares for 0.05% of their portfolio. Shelton Capital Mgmt, California-based fund reported 1,083 shares. Parkside State Bank & Tru owns 103 shares. Massmutual Trust Fsb Adv has invested 0.04% in Constellation Brands, Inc. (NYSE:STZ). Atria Invs reported 1,594 shares. Ontario Teachers Pension Plan Board reported 43,163 shares stake. The North Carolina-based Carroll Fincl has invested 0% in Constellation Brands, Inc. (NYSE:STZ). Pittenger & Anderson invested in 0.01% or 525 shares. Synovus invested in 0% or 1,240 shares. Morgan Stanley has invested 0.17% in Constellation Brands, Inc. (NYSE:STZ). Emerald Advisers Pa holds 0.02% of its portfolio in Constellation Brands, Inc. (NYSE:STZ) for 2,077 shares. M&R Cap Management invested 0.16% in Constellation Brands, Inc. (NYSE:STZ). Regentatlantic Ltd Liability Com holds 6,167 shares.

Since January 30, 2018, it had 0 insider buys, and 4 sales for $6.69 million activity. $4.09 million worth of Constellation Brands, Inc. (NYSE:STZ) shares were sold by Klein David Eric. LOCKE JAMES A III sold 6,398 shares worth $1.47M.

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

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