Bowen Hanes & Co Has Cut Marsh & Mclennan (MMC) Holding; Constellation Brands (STZ) SI Decreased By 10.66%

April 17, 2018 - By Hazel Jackson

Marsh & McLennan Companies, Inc. (NYSE:MMC) Logo

Constellation Brands Inc (NYSE:STZ) had a decrease of 10.66% in short interest. STZ’s SI was 2.58M shares in April as released by FINRA. Its down 10.66% from 2.89M shares previously. With 1.77M avg volume, 2 days are for Constellation Brands Inc (NYSE:STZ)’s short sellers to cover STZ’s short positions. The SI to Constellation Brands Inc’s float is 1.59%. The stock increased 1.04% or $2.355 during the last trading session, reaching $229.375. About 318,797 shares traded. Constellation Brands, Inc. (NYSE:STZ) has risen 33.47% since April 17, 2017 and is uptrending. It has outperformed by 21.92% the S&P500.

Bowen Hanes & Co Inc decreased Marsh & Mclennan (MMC) stake by 5.61% reported in 2017Q4 SEC filing. Bowen Hanes & Co Inc sold 14,845 shares as Marsh & Mclennan (MMC)’s stock rose 0.87%. The Bowen Hanes & Co Inc holds 249,894 shares with $20.34M value, down from 264,739 last quarter. Marsh & Mclennan now has $42.77B valuation. The stock increased 0.65% or $0.54 during the last trading session, reaching $84.15. About 553,468 shares traded. Marsh & McLennan Companies, Inc. (NYSE:MMC) has risen 9.09% since April 17, 2017 and is uptrending. It has underperformed by 2.46% the S&P500.

Constellation Brands, Inc., together with its subsidiaries, produces, imports, and markets beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. The company has market cap of $44.69 billion. The firm sells wine across various categories, including table wine, sparkling wine, and dessert wine. It has a 19.86 P/E ratio. It offers beer primarily under the Corona Extra, Corona Light, Modelo Especial, Modelo Negra, and Pacifico brands; wine under the Black Box, Clos du Bois, Estancia, Franciscan Estate, Inniskillin, Kim Crawford, Mark West, Meiomi, Mount Veeder, Nobilo, Robert Mondavi, Ruffino, Saved, Simi, The Dreaming Tree, The Prisoner, Charles Smith, and Wild Horse brands; and sprits under the SVEDKA vodka, Black Velvet Canadian whisky, Casa Noble tequila, High West craft whisky brands.

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. Bank of America upgraded Constellation Brands, Inc. (NYSE:STZ) on Wednesday, January 4 to “Buy” rating. On Wednesday, August 2 the stock rating was maintained by Cowen & Co with “Buy”. The rating was maintained by RBC Capital Markets on Friday, November 10 with “Buy”. The stock of Constellation Brands, Inc. (NYSE:STZ) has “Buy” rating given on Friday, March 23 by Deutsche Bank. On Tuesday, April 11 the stock rating was maintained by Cowen & Co with “Outperform”. The firm has “Buy” rating given on Monday, February 5 by BMO Capital Markets. RBC Capital Markets maintained it with “Outperform” rating and $165 target in Wednesday, December 16 report. The stock of Constellation Brands, Inc. (NYSE:STZ) earned “Hold” rating by HSBC on Wednesday, February 1. On Tuesday, September 8 the stock rating was downgraded by RBC Capital Markets to “Outperform”. RBC Capital Markets maintained the stock with “Buy” rating in Tuesday, August 1 report.

Investors sentiment increased to 1.24 in 2017 Q4. Its up 0.10, from 1.14 in 2017Q3. It increased, as 43 investors sold Constellation Brands, Inc. 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. 22,000 were accumulated by Axel Capital Mgmt Limited Liability. Bnp Paribas Asset Mngmt Holdg reported 204,619 shares. 1,655 were reported by Next Fincl Group. Cibc Asset has 0.03% invested in Constellation Brands, Inc. (NYSE:STZ). Lvw Advsr Lc owns 2,835 shares. Victory Mgmt owns 23,647 shares for 0.01% of their portfolio. Virginia-based Thompson Siegel And Walmsley Ltd Com has invested 0% in Constellation Brands, Inc. (NYSE:STZ). Japan-based Sumitomo Mitsui has invested 0.18% in Constellation Brands, Inc. (NYSE:STZ). Beaumont Fincl Partners Lc owns 2,000 shares for 0.05% of their portfolio. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Corp has invested 0.16% in Constellation Brands, Inc. (NYSE:STZ). Jacobs Levy Equity Inc holds 0.13% or 33,218 shares. Usa Portformulas Corporation has 16,746 shares for 0.91% of their portfolio. Janney Montgomery Scott Ltd owns 32,247 shares. Sigma Planning Corporation has invested 0.13% in Constellation Brands, Inc. (NYSE:STZ). Central National Bank & Trust Co holds 1.22% or 22,063 shares.

Since January 30, 2018, it had 0 insider buys, and 3 selling transactions for $5.22 million activity. Klein David Eric sold $4.09M worth of stock or 17,900 shares. 3,000 shares were sold by FROMBERG BARRY A, worth $687,672 on Monday, April 2.

Investors sentiment increased to 1.05 in Q4 2017. Its up 0.10, from 0.95 in 2017Q3. It improved, as 34 investors sold MMC shares while 229 reduced holdings. 83 funds opened positions while 194 raised stakes. 419.18 million shares or 1.51% less from 425.59 million shares in 2017Q3 were reported. Cornerstone Limited Liability Company holds 0.05% or 95,952 shares. Old Mutual Customised Solutions (Proprietary) Limited reported 0.22% of its portfolio in Marsh & McLennan Companies, Inc. (NYSE:MMC). Bnp Paribas Arbitrage stated it has 0.02% in Marsh & McLennan Companies, Inc. (NYSE:MMC). Farmers And Merchants reported 1,208 shares stake. Ftb Advsrs invested 0% of its portfolio in Marsh & McLennan Companies, Inc. (NYSE:MMC). Evercore Wealth Mgmt Limited Liability Corporation invested in 0.03% or 9,044 shares. Colrain Cap Ltd Limited Liability Company invested 0.2% of its portfolio in Marsh & McLennan Companies, Inc. (NYSE:MMC). Delta Asset Mgmt Ltd Liability Tn holds 0% of its portfolio in Marsh & McLennan Companies, Inc. (NYSE:MMC) for 54 shares. Baker Avenue Asset Mngmt LP has 4,075 shares for 0.03% of their portfolio. Smithfield Tru Communication reported 6,135 shares or 0.06% of all its holdings. Mawer Investment holds 2.78M shares. Ironwood Investment Counsel invested in 5,059 shares. Coho Ptnrs holds 4.07% in Marsh & McLennan Companies, Inc. (NYSE:MMC) or 2.02M shares. Torray Limited Liability Corp has invested 1.31% of its portfolio in Marsh & McLennan Companies, Inc. (NYSE:MMC). Da Davidson, Montana-based fund reported 9,773 shares.

Among 15 analysts covering Marsh & McLennan (NYSE:MMC), 8 have Buy rating, 0 Sell and 7 Hold. Therefore 53% are positive. Marsh & McLennan had 38 analyst reports since September 8, 2015 according to SRatingsIntel. The stock has “Buy” rating by Citigroup on Friday, February 9. Sandler O’Neill maintained the shares of MMC in report on Thursday, February 1 with “Buy” rating. The rating was maintained by RBC Capital Markets with “Buy” on Friday, February 2. The firm has “Hold” rating given on Wednesday, October 4 by Deutsche Bank. The stock has “Buy” rating by Wells Fargo on Friday, April 28. The stock has “Hold” rating by Jefferies on Friday, October 13. Wells Fargo maintained the stock with “Buy” rating in Thursday, July 27 report. As per Tuesday, August 8, the company rating was maintained by Wells Fargo. RBC Capital Markets maintained it with “Buy” rating and $93.0 target in Friday, December 8 report. Barclays Capital maintained Marsh & McLennan Companies, Inc. (NYSE:MMC) on Monday, October 16 with “Overweight” rating.

Bowen Hanes & Co Inc increased Veolia Environnement (Fr) stake by 90,000 shares to 750,000 valued at $19.13M in 2017Q4. It also upped Orion Engineered Carbons (Lu) (NYSE:OEC) stake by 38,500 shares and now owns 959,655 shares. Church And Dwight (NYSE:CHD) was raised too.

Since December 18, 2017, it had 0 buys, and 9 sales for $65.25 million activity. Shares for $4.29M were sold by Gilbert E Scott on Friday, March 2. Another trade for 1,145 shares valued at $94,972 was made by Mills Stacy on Monday, March 5. Portalatin Julio A had sold 10,911 shares worth $893,273. Beshar Peter J also sold $863,821 worth of Marsh & McLennan Companies, Inc. (NYSE:MMC) shares. The insider McDonald Scott sold 11,418 shares worth $968,940. $51.21 million worth of Marsh & McLennan Companies, Inc. (NYSE:MMC) was sold by Glaser Daniel S. MCGIVNEY MARK C sold $1.88 million worth of Marsh & McLennan Companies, Inc. (NYSE:MMC) on Monday, February 26.

Analysts await Marsh & McLennan Companies, Inc. (NYSE:MMC) to report earnings on April, 26 before the open. They expect $1.29 earnings per share, up 19.44% or $0.21 from last year’s $1.08 per share. MMC’s profit will be $655.72 million for 16.31 P/E if the $1.29 EPS becomes a reality. After $1.05 actual earnings per share reported by Marsh & McLennan Companies, Inc. for the previous quarter, Wall Street now forecasts 22.86% EPS growth.

Marsh & McLennan Companies, Inc. (NYSE:MMC) Institutional Positions Chart

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