SUPERVALU INC. (SVU) Reaches $20.27 After 7.00% Down Move; Freshford Capital Management Trimmed By $890,975 Its Constellation Brands (STZ) Position

June 20, 2018 - By Louis Casey

SUPERVALU INC. (NYSE:SVU) Logo

Freshford Capital Management Llc decreased Constellation Brands Inc (STZ) stake by 1.4% reported in 2018Q1 SEC filing. Freshford Capital Management Llc sold 3,925 shares as Constellation Brands Inc (STZ)’s stock declined 0.56%. The Freshford Capital Management Llc holds 275,676 shares with $62.83 million value, down from 279,601 last quarter. Constellation Brands Inc now has $44.29 billion valuation. The stock increased 0.25% or $0.58 during the last trading session, reaching $232.43. About 520,969 shares traded. Constellation Brands, Inc. (NYSE:STZ) has risen 20.36% since June 20, 2017 and is uptrending. It has outperformed by 7.79% the S&P500. Some Historical STZ News: ; 02/04/2018 – CONSTELLATION BRANDS INC STZ.N : RBC RAISES TARGET PRICE TO $280 FROM $271; RATING OUTPERFORM; 04/04/2018 – Carlyle agrees to buy Australia’s Accolade wines for $770 mln; 17/03/2018 – Constellation Healthcare Files for Chapter 11, Plans Sale of Assets; 29/03/2018 – CONSTELLATION BRANDS STZ.N CEO – SVEDKA SPIKED PREMIUM SELTZER WILL BE INTRODUCED IN FY 2019 AND AT 100 CALORIES, IT IS TARGETED AT FEMALE CONSUMERS; 20/03/2018 – CONSTELLATION TO INVEST $900M IN MEXICO PLANT TO BOOST OUTPUT; 29/03/2018 – Constellation Brands Sees FY19 Operating Cash Flow About $2.45B; 26/04/2018 – CONSTELLATION SOFTWARE INC CSU.TO : BARCLAYS RAISES TARGET PRICE BY 15 PCT TO C$980; 08/03/2018 – Seven Infor Solutions Named on the Constellation ShortList™ Portfolio; 29/03/2018 – CONSTELLATION BRANDS INC QTRLY REPORTED EPS $4.64; 13/03/2018 – Constellation Software Announces Resignation of Ian McKinnon and Appointment of Lori O’Neill to its Board of Directors

The stock of SUPERVALU INC. (NYSE:SVU) is a huge mover today! The stock decreased 3.25% or $0.68 during the last trading session, reaching $20.27. About 654,339 shares traded. SUPERVALU INC. (NYSE:SVU) has declined 33.67% since June 20, 2017 and is downtrending. It has underperformed by 46.24% the S&P500. Some Historical SVU News: ; 03/05/2018 – PetVivo Holdings, Inc. Provides Shareholders Update; 22/03/2018 – Blackwells Launches Proxy Fight at Supervalu — 3rd Update; 22/03/2018 – Blackwells: Nominates Independent Slate for Supervalu Board of Directors; 11/05/2018 – Investor Expectations to Drive Momentum within SUPERVALU INC, Dunkin’ Brands Group, Marsh & McLennan Companies, Washington Prim; 24/04/2018 – SUPERVALU INC – CO DETERMINED IT WOULD REVISE ITS DEFINITION OF ADJUSTED EBITDA IN FISCAL 2019; 15/03/2018 – PRESS RELEASE – BLACKWELLS COMMENTS ON SUPERVALU PLAN TO SELL SOME FARM FRESH STORES; 30/05/2018 – Blackwells Capital: Sent Additional Letter to Supervalu Seeking Records Related to Use of Private Jet; 30/05/2018 – SuperValu at Royal Bank of Canada Conference Tomorrow; 24/04/2018 – SUPERVALU 4Q ADJ EPS CONT OPS 61C, EST. 79C; 30/05/2018 – Blackwells Capital: Also Seeking From Supervalu Records on Board Member Selection ProcessesThe move comes after 8 months negative chart setup for the $782.80 million company. It was reported on Jun, 20 by Barchart.com. We have $18.85 PT which if reached, will make NYSE:SVU worth $54.80M less.

More important recent SUPERVALU INC. (NYSE:SVU) news were published by: Seekingalpha.com which released: “Blackwells wants six on Supervalu board” on May 29, 2018, also Seekingalpha.com published article titled: “SuperValu: Buy This Reversal”, Streetinsider.com published: “SUPERVALU (SVU) Proposes Holding Company Structure” on June 12, 2018. More interesting news about SUPERVALU INC. (NYSE:SVU) was released by: Seekingalpha.com and their article: “BJ’s Wholesale preps for IPO” with publication date: June 18, 2018.

Analysts await SUPERVALU INC. (NYSE:SVU) to report earnings on July, 24. They expect $0.57 EPS, down 9.52% or $0.06 from last year’s $0.63 per share. SVU’s profit will be $22.01M for 8.89 P/E if the $0.57 EPS becomes a reality. After $0.61 actual EPS reported by SUPERVALU INC. for the previous quarter, Wall Street now forecasts -6.56% negative EPS growth.

Among 9 analysts covering Supervalu Inc. (NYSE:SVU), 3 have Buy rating, 2 Sell and 4 Hold. Therefore 33% are positive. Supervalu Inc. had 32 analyst reports since July 24, 2015 according to SRatingsIntel. On Friday, April 28 the stock rating was maintained by RBC Capital Markets with “Buy”. The firm has “Market Perform” rating by Telsey Advisory Group given on Friday, September 9. The company was maintained on Friday, October 13 by RBC Capital Markets. RBC Capital Markets maintained SUPERVALU INC. (NYSE:SVU) rating on Thursday, January 11. RBC Capital Markets has “Buy” rating and $34.0 target. As per Monday, January 11, the company rating was maintained by RBC Capital Markets. The rating was maintained by Morgan Stanley on Thursday, October 19 with “Equal-Weight”. The stock of SUPERVALU INC. (NYSE:SVU) has “Equal-Weight” rating given on Thursday, April 26 by Morgan Stanley. RBC Capital Markets maintained the shares of SVU in report on Tuesday, October 20 with “Sector Perform” rating. Pivotal Research maintained SUPERVALU INC. (NYSE:SVU) on Monday, July 24 with “Buy” rating. Telsey Advisory Group downgraded the shares of SVU in report on Thursday, January 14 to “Market Perform” rating.

SUPERVALU INC., together with its subsidiaries, operates as a grocery wholesaler and retailer in the United States. The company has market cap of $782.80 million. The firm operates through two divisions, Wholesale and Retail. It has a 17.31 P/E ratio. The Wholesale segment engages in the wholesale distribution of various food and non-food products to independent retail customers, such as single and multiple grocery store operators, regional chains, and the military.

Investors sentiment increased to Infinity in Q1 2018. Its up Infinity, from 1 in 2017Q4. It is positive, as 0 investors sold SUPERVALU INC. shares while 0 reduced holdings. 0 funds opened positions while 2 raised stakes. 94,036 shares or 138.63% more from 39,406 shares in 2017Q4 were reported. Connecticut-based Greenwich Wealth Management Limited has invested 0.11% in SUPERVALU INC. (NYSE:SVU). California-based Gemmer Asset Management Limited Com has invested 0% in SUPERVALU INC. (NYSE:SVU).

Analysts await Constellation Brands, Inc. (NYSE:STZ) to report earnings on July, 5. They expect $2.46 EPS, up 5.13% or $0.12 from last year’s $2.34 per share. STZ’s profit will be $468.72M for 23.62 P/E if the $2.46 EPS becomes a reality. After $1.90 actual EPS reported by Constellation Brands, Inc. for the previous quarter, Wall Street now forecasts 29.47% EPS growth.

Among 23 analysts covering Constellation Brands (NYSE:STZ), 15 have Buy rating, 0 Sell and 8 Hold. Therefore 65% are positive. Constellation Brands had 84 analyst reports since August 27, 2015 according to SRatingsIntel. On Thursday, March 29 the stock rating was maintained by SunTrust with “Buy”. The stock of Constellation Brands, Inc. (NYSE:STZ) has “Neutral” rating given on Friday, April 7 by UBS. The stock of Constellation Brands, Inc. (NYSE:STZ) earned “Overweight” rating by Barclays Capital on Thursday, December 17. Goldman Sachs maintained Constellation Brands, Inc. (NYSE:STZ) rating on Friday, June 30. Goldman Sachs has “Buy” rating and $21200 target. Argus Research maintained the stock with “Buy” rating in Monday, December 7 report. Wells Fargo maintained the stock with “Outperform” rating in Tuesday, April 11 report. The company was maintained on Friday, June 9 by Morgan Stanley. The firm has “Buy” rating given on Thursday, April 7 by Goldman Sachs. Wells Fargo maintained the stock with “Buy” rating in Thursday, January 4 report. HSBC upgraded Constellation Brands, Inc. (NYSE:STZ) on Wednesday, February 1 to “Hold” rating.

More notable recent Constellation Brands, Inc. (NYSE:STZ) news were published by: Nasdaq.com which released: “SVEDKA Spiked Premium Seltzerâ„¢ Arrives on the Scene Just in Time to Put Some Spike in Your Summer” on June 20, 2018, also Fool.com with their article: “Constellation Brands Has a Secret Weapon in the Beer Wars: Trump’s Tariffs” published on June 16, 2018, Seekingalpha.com published: “Buy Lockheed Martin On Weakness – Cramer’s Lightning Round (6/14/18)” on June 15, 2018. More interesting news about Constellation Brands, Inc. (NYSE:STZ) were released by: Fool.com and their article: “This Is the Real Reason to Love Constellation Brands Stock” published on June 02, 2018 as well as Fool.com‘s news article titled: “3 Reasons Constellation Brands’ Stock Could Rise” with publication date: June 07, 2018.

Investors sentiment decreased to 1.18 in Q1 2018. Its down 0.06, from 1.24 in 2017Q4. It is negative, 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. Burt Wealth Advsrs invested 0.05% in Constellation Brands, Inc. (NYSE:STZ). Mitchell Capital Co reported 32,971 shares. Boston Private Wealth Lc holds 0.03% or 3,318 shares. Cipher Lp accumulated 39,140 shares or 1.08% of the stock. Peddock Cap Advsrs Limited Liability Corporation has invested 2.49% of its portfolio in Constellation Brands, Inc. (NYSE:STZ). First Commonwealth Finance Pa has invested 0.7% of its portfolio in Constellation Brands, Inc. (NYSE:STZ). Martingale Asset Mngmt Lp accumulated 85,282 shares. Pggm Investments has 0.09% invested in Constellation Brands, Inc. (NYSE:STZ) for 67,200 shares. U S Global owns 2,100 shares. Usca Ria Limited Liability Co holds 9,176 shares or 0.23% of its portfolio. Suvretta Cap Management Limited Liability Company has 1.31 million shares for 7.51% of their portfolio. Zeke Advsr Limited has invested 0.08% in Constellation Brands, Inc. (NYSE:STZ). Kepos Ltd Partnership holds 0.29% in Constellation Brands, Inc. (NYSE:STZ) or 21,621 shares. Pittenger And Anderson holds 0.33% in Constellation Brands, Inc. (NYSE:STZ) or 16,410 shares. Jaffetilchin Investment Prtnrs has invested 0.18% in Constellation Brands, Inc. (NYSE:STZ).

Freshford Capital Management Llc increased Comcast Corp New (NASDAQ:CMCSA) stake by 153,673 shares to 703,468 valued at $24.04M in 2018Q1. It also upped Akamai Technologies Inc (NASDAQ:AKAM) stake by 184,144 shares and now owns 999,215 shares. Acadia Healthcare Company In (NASDAQ:ACHC) was raised too.

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

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