As Constellation Brands (STZ) Shares Declined, Cypress Capital Group Has Decreased Its Position; As Eaton Plc (ETN) Share Price Declined, Bangor Savings Bank Has Raised by $374,960 Its Stake

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Cypress Capital Group decreased its stake in Constellation Brands Inc (STZ) by 15.15% based on its latest 2018Q3 regulatory filing with the SEC. Cypress Capital Group sold 1,536 shares as the company’s stock declined 11.68% with the market. The institutional investor held 8,601 shares of the beverages (production and distribution) company at the end of 2018Q3, valued at $1.85M, down from 10,137 at the end of the previous reported quarter. Cypress Capital Group who had been investing in Constellation Brands Inc for a number of months, seems to be less bullish one the $30.27 billion market cap company. The stock increased 5.96% or $8.99 during the last trading session, reaching $159.93. About 7.66 million shares traded or 206.79% up from the average. Constellation Brands, Inc. (NYSE:STZ) has declined 13.63% since January 11, 2018 and is downtrending. It has underperformed by 13.63% the S&P500. Some Historical STZ News: 29/03/2018 – Constellation Brands Sees FY19 Operating Cash Flow About $2.45B; 29/03/2018 – Constellation Brands Raises Quarterly Dividend by About 42%; 29/03/2018 – Constellation Brands Raises Class A Dividend to 74c, Class B Div to 67c; 25/05/2018 – Constellation Brands at Royal Bank of Canada Conference May 30; 09/03/2018 – URTHECAST – CONTINUED TO ADVANCE FINANCING NEGOTIATIONS WITH SELECTED INSTITUTIONAL INVESTOR TO CLOSE ANNOUNCED FINANCING FOR URTHEDAILY CONSTELLATION; 11/04/2018 – Constellation Software Closes Below 50-Day Moving Average; 19/04/2018 – CONSTELLATION SOFTWARE INC CSU.TO : RBC RAISES TARGET PRICE TO C$1000 FROM C$950; 08/05/2018 – Fitch Downgrades QGOG Constellation’s Ratings to ‘CC’; 04/04/2018 – Constellation Brands, Champ Private Equity to Sell Accolade Wines for A$1 Billion; 22/05/2018 – Constellation Brands Promotes Jim Sabia to Newly Created Role of Chief Marketing Officer

Bangor Savings Bank increased its stake in Eaton Corp Plc (ETN) by 37.43% based on its latest 2018Q3 regulatory filing with the SEC. Bangor Savings Bank bought 4,360 shares as the company’s stock declined 16.33% with the market. The institutional investor held 16,008 shares of the technology company at the end of 2018Q3, valued at $1.39 million, up from 11,648 at the end of the previous reported quarter. Bangor Savings Bank who had been investing in Eaton Corp Plc for a number of months, seems to be bullish on the $30.42B market cap company. The stock increased 1.64% or $1.13 during the last trading session, reaching $70.19. About 2.26M shares traded. Eaton Corporation plc (NYSE:ETN) has declined 7.68% since January 11, 2018 and is downtrending. It has underperformed by 7.68% the S&P500. Some Historical ETN News: 10/05/2018 – Eaton and Shaanxi Fast Gear Announce a Joint Venture for Light-Duty Manual Transmissions in Asia-Pacific, Eastern Europe, and Africa; 07/05/2018 – Eaton Named to 100 Best Corporate Citizens List for 11th Consecutive Year by Corporate Responsibility Magazine; 02/04/2018 – Eaton Partners Acts as Exclusive Placement Agent for Oversubscribed Five Point Capital Midstream Fund lll; 02/04/2018 – Eaton Partners Acts as Exclusive Placement Agent for Oversubscribed Five Point Capital Midstream Fund III; 10/04/2018 – Eaton Partners Serves As Placement Agent For Copenhagen Infrastructure III; 10/04/2018 – Eaton Partners Serves As Placement Agent For Copenhagen Infrastructure lll; 22/05/2018 – Paramount Appoints David Eaton as Senior Vice President, Leasing in San Francisco; 14/03/2018 Australian Gov: US Patent Issued to Eaton on March 13 for “Variable neutral impedance for multi-source system” (Ohio Inventor); 16/05/2018 – FORD – PARTS PRODUCED AT NOTTINGHAM ARE BEING SHIPPED VIA DAILY FLIGHTS UNTIL PRODUCTION IN EATON RAPIDS RETURNS TO PRE-FIRE LEVELS; 08/05/2018 – Eaton Named Among America‚Äôs Best Employers by Forbes

More notable recent Constellation Brands, Inc. (NYSE:STZ) news were published by: Benzinga.com which released: “Constellation Brands (NYSE:STZ) Is Overvalued, Susquehanna Says In Downgrade – Benzinga” on August 20, 2018, also Seekingalpha.com with their article: “Constellation Brands: An Update – Seeking Alpha” published on July 09, 2018, Seekingalpha.com published: “Constellation Brands: 90% Target Return – Seeking Alpha” on September 12, 2018. More interesting news about Constellation Brands, Inc. (NYSE:STZ) were released by: Fool.com and their article: “Why Aurora Cannabis, Amarin, and Constellation Brands Jumped Today – Motley Fool” published on January 10, 2019 as well as Fool.com‘s news article titled: “3 Critical Things to Watch With Marijuana Stocks in 2019 – Motley Fool” with publication date: January 06, 2019.

Among 25 analysts covering Constellation Brands (NYSE:STZ), 16 have Buy rating, 0 Sell and 9 Hold. Therefore 64% are positive. Constellation Brands had 104 analyst reports since August 27, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Outperform” rating and $226 target in Friday, October 6 report. The firm has “Buy” rating by BMO Capital Markets given on Monday, February 5. The firm earned “Overweight” rating on Thursday, September 27 by JP Morgan. The stock of Constellation Brands, Inc. (NYSE:STZ) earned “Hold” rating by Stifel Nicolaus on Tuesday, April 3. Guggenheim upgraded the shares of STZ in report on Thursday, January 10 to “Neutral” rating. The stock has “Overweight” rating by Barclays Capital on Thursday, December 17. The firm has “Overweight” rating by Morgan Stanley given on Tuesday, July 3. The stock of Constellation Brands, Inc. (NYSE:STZ) earned “Outperform” rating by RBC Capital Markets on Friday, April 7. UBS maintained the stock with “Neutral” rating in Thursday, October 6 report. Susquehanna upgraded Constellation Brands, Inc. (NYSE:STZ) on Monday, January 7 to “Neutral” rating.

Cypress Capital Group, which manages about $45.36M and $527.79M US Long portfolio, upped its stake in Automatic Data Processing Inc (NASDAQ:ADP) by 2,935 shares to 11,325 shares, valued at $1.71 million in 2018Q3, according to the filing. It also increased its holding in Abbvie Inc (NYSE:ABBV) by 5,858 shares in the quarter, for a total of 151,169 shares, and has risen its stake in Amazon.Com Inc (NASDAQ:AMZN).

Since October 19, 2018, it had 0 insider purchases, and 3 insider sales for $68.05 million activity. 148,773 shares were sold by SANDS RICHARD, worth $33.28 million on Friday, October 19. 151,060 Constellation Brands, Inc. (NYSE:STZ) shares with value of $33.79M were sold by SANDS ROBERT.

Investors sentiment decreased to 1.05 in Q3 2018. 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. Lpl Fincl Llc reported 93,922 shares. Murphy Capital Management invested in 0.06% or 2,050 shares. Wells Fargo Mn owns 1.64M shares for 0.1% of their portfolio. Kornitzer Cap Mgmt Ks holds 7,431 shares. Legacy Private Company stated it has 51,445 shares or 1.25% of all its holdings. Wagner Bowman Management reported 1,913 shares or 0.1% of all its holdings. Scotia Capital owns 44,285 shares or 0.12% of their US portfolio. Canandaigua Bank stated it has 1.83% in Constellation Brands, Inc. (NYSE:STZ). 22,122 are held by Cibc Ww Markets. Ny State Teachers Retirement has invested 0.14% in Constellation Brands, Inc. (NYSE:STZ). Liberty Cap Inc invested 2.9% of its portfolio in Constellation Brands, Inc. (NYSE:STZ). Tarbox Family Office holds 125 shares or 0.01% of its portfolio. Ironwood Ltd Liability Company owns 52 shares. Panagora Asset Mngmt owns 0.01% invested in Constellation Brands, Inc. (NYSE:STZ) for 9,975 shares. 62,893 are owned by Royal London Asset Mgmt Limited.

Bangor Savings Bank, which manages about $539.42 million US Long portfolio, decreased its stake in Ishares Core S&P 500 Etf (IVV) by 3,398 shares to 238,846 shares, valued at $69.92 million in 2018Q3, according to the filing. It also reduced its holding in Ishares Intermediate Gov/Cr Et (GVI) by 231,162 shares in the quarter, leaving it with 31,745 shares, and cut its stake in General Electric Corp (NYSE:GE).

Another recent and important Eaton Corporation plc (NYSE:ETN) news was published by Seekingalpha.com which published an article titled: “Credit Suisse weighs in on industrials – Seeking Alpha” on January 03, 2019.

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