Royal Bank of Scotland Group PLC (RBS) Forms $6.68 Double Top; Senator Investment Group LP Has Boosted By $61.20 Million Its Constellation Brands (STZ) Position

July 17, 2017 - By Adrian Mccoy

Royal Bank of Scotland Group PLC (RBS) formed double top with $7.28 target or 9.00% above today’s $6.68 share price. Royal Bank of Scotland Group PLC (RBS) has $38.58 billion valuation. The stock decreased 0.74% or $0.05 on July 14, reaching $6.68. About shares traded. Royal Bank of Scotland Group PLC (NYSE:RBS) has risen 2.68% since July 17, 2016 and is uptrending. It has underperformed by 14.02% the S&P500.

Senator Investment Group Lp increased Constellation Brands Inc (STZ) stake by 32% reported in 2016Q4 SEC filing. Senator Investment Group Lp acquired 400,000 shares as Constellation Brands Inc (STZ)’s stock rose 13.40%. The Senator Investment Group Lp holds 1.65M shares with $252.96 million value, up from 1.25 million last quarter. Constellation Brands Inc now has $39.14B valuation. The stock increased 1.05% or $2.07 on July 14, reaching $198.32. About shares traded. Constellation Brands, Inc. (NYSE:STZ) has risen 17.20% since July 17, 2016 and is uptrending. It has outperformed by 0.50% the S&P500.

Investors sentiment is 0.98 in 2016 Q4. Its the same as in 2016Q3. It is without change, as 74 investors sold STZ shares while 244 reduced holdings. only 93 funds opened positions while 219 raised stakes. 144.26 million shares or 0.98% less from 145.68 million shares in 2016Q3 were reported. Chevy Chase Hldgs holds 0.12% or 149,901 shares in its portfolio. Fulton Retail Bank Na has invested 0.02% in Constellation Brands, Inc. (NYSE:STZ). Howe & Rusling Inc reported 0.26% of its portfolio in Constellation Brands, Inc. (NYSE:STZ). Tpg Group Inc (Sbs) Advisors Inc invested 0.47% in Constellation Brands, Inc. (NYSE:STZ). Viking Global Lp stated it has 2.74% in Constellation Brands, Inc. (NYSE:STZ). World Asset Management reported 15,969 shares or 0.09% of all its holdings. Jefferies Gru Llc invested in 29,394 shares. Usca Ria Lc holds 6,090 shares. Cornerstone Capital Management Holding Llc owns 34,517 shares. Princeton Alpha Mngmt LP accumulated 0.2% or 6,278 shares. Deltec Asset holds 0.74% of its portfolio in Constellation Brands, Inc. (NYSE:STZ) for 20,750 shares. Suvretta Cap Management has 6.03% invested in Constellation Brands, Inc. (NYSE:STZ). 440 are held by Burt Wealth Advisors. Asset Management One invested 0.11% of its portfolio in Constellation Brands, Inc. (NYSE:STZ). Koshinski Asset Management has invested 0% in Constellation Brands, Inc. (NYSE:STZ).

Among 20 analysts covering Constellation Brands (NYSE:STZ), 14 have Buy rating, 0 Sell and 6 Hold. Therefore 70% are positive. Constellation Brands had 53 analyst reports since August 27, 2015 according to SRatingsIntel. RBC Capital Markets maintained Constellation Brands, Inc. (NYSE:STZ) on Thursday, October 8 with “Outperform” rating. The firm has “Neutral” rating by Citigroup given on Monday, April 11. Nomura initiated Constellation Brands, Inc. (NYSE:STZ) on Thursday, September 17 with “Neutral” rating. UBS maintained it with “Neutral” rating and $176.0 target in Friday, April 7 report. The rating was maintained by Pivotal Research with “Buy” on Thursday, June 29. The stock of Constellation Brands, Inc. (NYSE:STZ) has “Buy” rating given on Friday, December 11 by Stifel Nicolaus. FinnCap maintained the stock with “Corporate” rating in Wednesday, September 16 report. Goldman Sachs maintained it with “Buy” rating and $180 target in Thursday, April 7 report. The firm earned “Buy” rating on Friday, October 2 by Argus Research. The firm has “Buy” rating given on Monday, December 7 by Argus Research.

Among 19 analysts covering Royal Bank of Scotland Group plc (ADR) (NYSE:RBS), 5 have Buy rating, 4 Sell and 10 Hold. Therefore 26% are positive. Royal Bank of Scotland Group plc (ADR) had 30 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was upgraded by Berenberg on Thursday, March 2 to “Buy”. The rating was upgraded by Macquarie Research on Thursday, December 3 to “Neutral”. The firm earned “Hold” rating on Monday, March 27 by Investec. The stock of Royal Bank of Scotland Group PLC (NYSE:RBS) earned “Market Perform” rating by Bernstein on Thursday, March 10. The stock has “Neutral” rating by Mediobanca on Wednesday, July 6. As per Wednesday, August 26, the company rating was upgraded by Morgan Stanley. The company was downgraded on Monday, June 27 by BNP Paribas. As per Monday, September 12, the company rating was downgraded by Investec. The stock of Royal Bank of Scotland Group PLC (NYSE:RBS) has “Outperform” rating given on Monday, April 24 by Wood. JP Morgan upgraded the stock to “Neutral” rating in Wednesday, April 19 report.

Analysts await Royal Bank of Scotland Group PLC (NYSE:RBS) to report earnings on August, 4 before the open. RBS’s profit will be $808.56M for 11.93 P/E if the $0.14 EPS becomes a reality. After $0.18 actual earnings per share reported by Royal Bank of Scotland Group PLC for the previous quarter, Wall Street now forecasts -22.22% negative EPS growth.

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