Hotchkis & Wiley Capital Management Reduces $3M in Constellation Brands, Inc. ($STZ)
Key Points
- Hotchkis & Wiley Capital Management changed its Constellation Brands, Inc. ($STZ) stake by 1.3% last quarter, cutting to 1,764,431 shares worth $253.14 million.
- Wall Street's consensus rating on $STZ is Buy and an average price target of $176.09.
- $STZ last traded around $143.47.
Hotchkis & Wiley Capital Management trimmed its position in Constellation Brands, Inc. ($STZ) by 1.3% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,764,431 shares of Constellation Brands, Inc. after selling 22,635 shares during the quarter. Hotchkis & Wiley Capital Management's holdings in Constellation Brands, Inc. were worth $253.14 million as of its most recent filing.
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About Constellation Brands, Inc.
Constellation Brands, Inc., together with its subsidiaries, produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. It offers beer under the Corona Extra, Corona Familiar, Corona Sunbrew, Corona Light, Corona Non-Alcoholic, Corona Premier, Modelo Especial, Modelo Chelada, Modelo Negra, Modelo Spiked Aguas Frescas, Modelo Oro, Modelo Noche Especial, Victoria, Vicky Chamoy, and Pacifico brand names. The company also offers wine under the Sea Smoke, Schrader Cellars, Kim Crawford, Mount Veeder, Ruffino, My Favorite Neighbor, Robert Mondavi Winery, and The Prisoner Wine Company brand names; and spirits under the Casa Noble, High West, Mi CAMPO, and Nelson's Green Brier brand names. It provides its products to wholesale distributors, retailers, and state alcohol beverage control agencies. Constellation Brands, Inc. was founded in 1945 and is headquartered in Rochester, New York.
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