Sunday, 31 December 2017

$0.44 EPS Expected for Horizon Bancorp (HBNC); Rwc Asset Management Llp Has Lowered Constellation Brands (STZ) Holding

Rwc Asset Management Llp decreased Constellation Brands Inc (STZ) stake by 43.18% reported in 2017Q3 SEC filing. Rwc Asset Management Llp sold 38,000 shares as Constellation Brands Inc (STZ)’s stock rose 13.40%. The Rwc Asset Management Llp holds 50,000 shares with $9.97M value, down from 88,000 last quarter. Constellation Brands Inc now has $44.70 billion valuation. The stock increased 0.26% or $0.59 during the last trading session, reaching $228.57. About 1.83 million shares traded or 38.75% up from the average. Constellation Brands, Inc. (NYSE:STZ) has risen 17.20% since December 31, 2016 and is uptrending. It has outperformed by 0.50% the S&P500.

Analysts expect Horizon Bancorp (NASDAQ:HBNC) to report $0.44 EPS on January, 24.They anticipate $0.06 EPS change or 15.79% from last quarter’s $0.38 EPS. HBNC’s profit would be $11.22 million giving it 15.80 P/E if the $0.44 EPS is correct. After having $0.41 EPS previously, Horizon Bancorp’s analysts see 7.32% EPS growth. The stock decreased 0.57% or $0.16 during the last trading session, reaching $27.8. About 114,505 shares traded or 42.80% up from the average. Horizon Bancorp (NASDAQ:HBNC) has risen 57.87% since December 31, 2016 and is uptrending. It has outperformed by 41.17% the S&P500.

Among 22 analysts covering Constellation Brands (NYSE:STZ), 15 have Buy rating, 0 Sell and 7 Hold. Therefore 68% are positive. Constellation Brands had 71 analyst reports since August 27, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Goldman Sachs given on Monday, July 24. The rating was maintained by Pivotal Research on Thursday, January 7 with “Buy”. The stock has “Hold” rating by Susquehanna on Monday, June 26. The firm has “Buy” rating by Stifel Nicolaus given on Friday, October 6. On Friday, June 30 the stock rating was maintained by RBC Capital Markets with “Buy”. The firm earned “Buy” rating on Friday, June 16 by RBC Capital Markets. The company was initiated on Tuesday, April 5 by Wells Fargo. The stock has “Outperform” rating by Wells Fargo on Tuesday, April 11. The rating was maintained by RBC Capital Markets on Friday, November 10 with “Buy”. The stock has “Overweight” rating by Barclays Capital on Thursday, December 17.

Rwc Asset Management Llp increased Huntington Bancshares Inc (NASDAQ:HBAN) stake by 546,133 shares to 2.97 million valued at $41.52 million in 2017Q3. It also upped Liberty Interactive Corp (NASDAQ:QVCA) stake by 32,750 shares and now owns 173,679 shares. Synchrony Finl (NYSE:SYF) was raised too.

Investors sentiment decreased to 1.14 in Q3 2017. Its down 0.02, from 1.16 in 2017Q2. It dived, as 40 investors sold STZ shares while 242 reduced holdings. 79 funds opened positions while 243 raised stakes. 144.05 million shares or 0.63% more from 143.15 million shares in 2017Q2 were reported. Moreover, Valinor Management Limited Partnership has 7.07% invested in Constellation Brands, Inc. (NYSE:STZ) for 1.13M shares. Cypress Lc (Wy) has 1.43% invested in Constellation Brands, Inc. (NYSE:STZ) for 6,058 shares. Global X Mngmt Com Ltd Liability Corp stated it has 7,512 shares. Carnegie Cap Asset Ltd Liability reported 0.03% of its portfolio in Constellation Brands, Inc. (NYSE:STZ). Bb&T Securities Lc owns 8,088 shares or 0.02% of their US portfolio. Callahan Advsrs Ltd Liability Company owns 1,853 shares. Wealthtrust Axiom Lc accumulated 0.19% or 2,500 shares. First State Bank Of Hutchinson owns 3,092 shares. Nomura holds 0.01% of its portfolio in Constellation Brands, Inc. (NYSE:STZ) for 19,527 shares. 748 are owned by North Star Mngmt. Stifel Fincl holds 0.04% or 61,239 shares in its portfolio. Duncker Streett And holds 787 shares. 273,854 are owned by California State Teachers Retirement System. Moreover, Prudential Finance Inc has 0.12% invested in Constellation Brands, Inc. (NYSE:STZ). Laurion Cap LP holds 2,500 shares or 0% of its portfolio.

Since August 1, 2017, it had 0 buys, and 5 sales for $24.74 million activity. $520,000 worth of stock was sold by FROMBERG BARRY A on Tuesday, October 10. Another trade for 54,834 shares valued at $10.66 million was made by MULLIN THOMAS J on Tuesday, August 1. Newlands William A also sold $616,644 worth of Constellation Brands, Inc. (NYSE:STZ) on Monday, October 9. Hackett William F. had sold 12,517 shares worth $2.47 million.

Analysts await Constellation Brands, Inc. (NYSE:STZ) to report earnings on January, 5 before the open. They expect $1.87 earnings per share, down 4.59% or $0.09 from last year’s $1.96 per share. STZ’s profit will be $365.73 million for 30.56 P/E if the $1.87 EPS becomes a reality. After $2.47 actual earnings per share reported by Constellation Brands, Inc. for the previous quarter, Wall Street now forecasts -24.29% negative EPS growth.

Since August 8, 2017, it had 0 buys, and 5 selling transactions for $699,573 activity. The insider Thompson Michele M. sold 10,000 shares worth $272,900. NEFF JAMES D sold $173,050 worth of Horizon Bancorp (NASDAQ:HBNC) on Wednesday, August 30. The insider EDWARDS THOMAS H sold $78,000.

Investors sentiment increased to 1.7 in Q3 2017. Its up 0.01, from 1.69 in 2017Q2. It increased, as 2 investors sold Horizon Bancorp shares while 21 reduced holdings. 6 funds opened positions while 33 raised stakes. 11.20 million shares or 10.81% more from 10.11 million shares in 2017Q2 were reported. Barclays Public Ltd Company holds 746 shares or 0% of its portfolio. Voya Investment Limited has invested 0% in Horizon Bancorp (NASDAQ:HBNC). Us Bancorp De holds 0% of its portfolio in Horizon Bancorp (NASDAQ:HBNC) for 9,075 shares. Rhumbline Advisers stated it has 0% in Horizon Bancorp (NASDAQ:HBNC). 56,901 are held by Clarivest Asset Mngmt Ltd Limited Liability Company. Nationwide Fund Advisors holds 0% of its portfolio in Horizon Bancorp (NASDAQ:HBNC) for 14,031 shares. The Pennsylvania-based Federated Incorporated Pa has invested 0% in Horizon Bancorp (NASDAQ:HBNC). Bnp Paribas Arbitrage Sa accumulated 2,084 shares. 24,100 are held by Ny State Common Retirement Fund. Pacific Ridge Cap Prtn Ltd Liability Co, a Oregon-based fund reported 144,293 shares. Thrivent For Lutherans accumulated 149,970 shares or 0.02% of the stock. Group Inc Inc has 0% invested in Horizon Bancorp (NASDAQ:HBNC) for 14,281 shares. Blackrock has invested 0% in Horizon Bancorp (NASDAQ:HBNC). Thomson Horstmann Bryant holds 0.16% of its portfolio in Horizon Bancorp (NASDAQ:HBNC) for 40,320 shares. Alliancebernstein Ltd Partnership invested in 13,950 shares.

Horizon Bancorp operates as the bank holding firm for Horizon Bank, N.A. that provides commercial and retail banking services. The company has market cap of $708.87 million. The firm offers non-interest bearing and interest-bearing demand deposits, savings accounts, money market deposits, and time deposits. It has a 20.04 P/E ratio. The Company’s loan portfolio comprises commercial, financial, agricultural, and commercial tax-exempt loans; real estate, mortgage warehouse, and consumer loans.

Among 10 analysts covering Horizon Bancorp (NASDAQ:HBNC), 8 have Buy rating, 1 Sell and 1 Hold. Therefore 80% are positive. Horizon Bancorp had 17 analyst reports since August 7, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained Horizon Bancorp (NASDAQ:HBNC) rating on Tuesday, October 3. Keefe Bruyette & Woods has “Buy” rating and $31.0 target. The rating was downgraded by Zacks on Thursday, September 3 to “Sell”. As per Friday, August 7, the company rating was upgraded by Bruyette & Woods”. Keefe Bruyette & Woods maintained Horizon Bancorp (NASDAQ:HBNC) rating on Thursday, December 21. Keefe Bruyette & Woods has “Buy” rating and $33.0 target. The rating was upgraded by KBW on Friday, August 7 to “Outperform”. Piper Jaffray maintained Horizon Bancorp (NASDAQ:HBNC) rating on Friday, July 28. Piper Jaffray has “Buy” rating and $3200 target. The stock has “Outperform” rating by FIG Partners on Monday, March 14. The firm has “Mkt Perform” rating by Bruyette & Woods” given on Friday, August 7. The firm has “Buy” rating by Keefe Bruyette & Woods given on Thursday, June 1. The rating was maintained by Piper Jaffray with “Buy” on Friday, October 6.

The post $0.44 EPS Expected for Horizon Bancorp (HBNC); Rwc Asset Management Llp Has Lowered Constellation Brands (STZ) Holding appeared first on Stock Market News | HillCountryTimes | Get it Today.



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