Brookfield Asset Management Holds Stake in Western Gas Equity Partners (WGP); Northstar Asset Management Increased Constellation Brands (STZ) Stake by $311,750

Western Gas Equity Partners, LP (NYSE:WGP) Logo

Northstar Asset Management Llc increased its stake in Constellation Brands (STZ) by 22.31% based on its latest 2018Q3 regulatory filing with the SEC. Northstar Asset Management Llc bought 1,450 shares as the company’s stock declined 11.68% with the market. The institutional investor held 7,950 shares of the beverages (production and distribution) company at the end of 2018Q3, valued at $1.72 million, up from 6,500 at the end of the previous reported quarter. Northstar Asset Management Llc who had been investing in Constellation Brands for a number of months, seems to be bullish on the $30.13 billion market cap company. The stock decreased 0.45% or $0.72 during the last trading session, reaching $159.21. About 3.84M shares traded or 52.18% up from the average. Constellation Brands, Inc. (NYSE:STZ) has declined 13.63% since January 12, 2018 and is downtrending. It has underperformed by 13.63% the S&P500. Some Historical STZ News: 11/04/2018 – Constellation Software Closes Below 50-Day Moving Average; 31/05/2018 – New Research Coverage Highlights Constellation Brands, Yintech Investment, EZCORP, Euronet Worldwide, Fidelity National Financi; 22/03/2018 – SAIPEM SPA SPMI.Ml – SAIPEM BUYS LEWEK CONSTELLATION VESSEL; 16/05/2018 – Fitch Affirms Constellation Software at ‘BBB’; Outlook Stable; 23/03/2018 – CONSTELLATION BRANDS INC STZ.N : DEUTSCHE BANK RAISES TARGET PRICE TO $256 FROM $253; 13/03/2018 – Kim Crawford Wines Introduces Kim Crawford Signature Reserve Sauvignon Blanc; 07/03/2018 – Baseball News Source: Constellation Brands $STZ Earning Somewhat Positive Press Coverage, Report Finds; 27/04/2018 – S&PGR Upgrades Constellation Brands To ‘BBB/A-2’; Otlk Stable; 29/03/2018 – VP Hetterich Gifts 962 Of Constellation Brands Inc; 13/03/2018 – Hughes Ships First Gateways for the Ground Network to Support OneWeb’s Low Earth Orbit Constellation

Brookfield Asset Management Inc increased its stake in Western Gas Equity Partners (WGP) by 14.42% based on its latest 2018Q3 regulatory filing with the SEC. Brookfield Asset Management Inc bought 91,732 shares as the company’s stock declined 15.58% with the market. The hedge fund held 727,995 shares of the public utilities company at the end of 2018Q3, valued at $21.80M, up from 636,263 at the end of the previous reported quarter. Brookfield Asset Management Inc who had been investing in Western Gas Equity Partners for a number of months, seems to be bullish on the $6.71 billion market cap company. The stock decreased 1.95% or $0.61 during the last trading session, reaching $30.64. About 405,862 shares traded. Western Gas Equity Partners, LP (NYSE:WGP) has declined 18.74% since January 12, 2018 and is downtrending. It has underperformed by 18.74% the S&P500.

More notable recent Western Gas Equity Partners, LP (NYSE:WGP) news were published by: Seekingalpha.com which released: “MLP Monthly Report: December 2018 – Seeking Alpha” on December 18, 2018, also Seekingalpha.com with their article: “Anadarko unveils 2019 capex outlook, ups dividend, raises stock buybacks – Seeking Alpha” published on November 15, 2018, Prnewswire.com published: “INVESTOR ALERT: Monteverde & Associates PC is Investigating the Recently Announced Acquisition – PRNewswire” on January 05, 2019. More interesting news about Western Gas Equity Partners, LP (NYSE:WGP) were released by: Gurufocus.com and their article: “Cushing® Asset Management and Swank Capital Announce a Constituent Change to The Cushing® Utility Index – GuruFocus.com” published on January 08, 2019 as well as Prnewswire.com‘s news article titled: “Alerian Index Series December 2018 Index Review – PRNewswire” with publication date: December 14, 2018.

Among 21 analysts covering Western Gas Equity Partners (NYSE:WGP), 10 have Buy rating, 0 Sell and 11 Hold. Therefore 48% are positive. Western Gas Equity Partners had 51 analyst reports since August 3, 2015 according to SRatingsIntel. The company was maintained on Sunday, October 29 by RBC Capital Markets. The rating was maintained by Barclays Capital with “Equal-Weight” on Wednesday, August 29. As per Friday, January 15, the company rating was downgraded by Wells Fargo. The rating was maintained by Morgan Stanley on Thursday, November 2 with “Equal-Weight”. The stock of Western Gas Equity Partners, LP (NYSE:WGP) earned “Equal-Weight” rating by Morgan Stanley on Friday, August 17. The stock of Western Gas Equity Partners, LP (NYSE:WGP) earned “Buy” rating by RBC Capital Markets on Tuesday, January 16. The stock of Western Gas Equity Partners, LP (NYSE:WGP) earned “Equal-Weight” rating by Barclays Capital on Wednesday, March 7. The rating was upgraded by Bank of America on Monday, February 27 to “Neutral”. The rating was initiated by Macquarie Research on Friday, April 21 with “Outperform”. The firm has “Hold” rating given on Wednesday, January 20 by Wunderlich.

Investors sentiment decreased to 1.04 in 2018 Q3. Its down 0.57, from 1.61 in 2018Q2. It worsened, as 11 investors sold WGP shares while 37 reduced holdings. 16 funds opened positions while 34 raised stakes. 44.60 million shares or 0.82% less from 44.97 million shares in 2018Q2 were reported. Bankshares Of Mellon stated it has 15,913 shares. Chilton Mgmt Limited Liability Company reported 11,305 shares or 0.03% of all its holdings. Spirit Of America Management Corporation invested 0.75% of its portfolio in Western Gas Equity Partners, LP (NYSE:WGP). Oppenheimer Asset Mgmt accumulated 12,369 shares. Cadence Capital Limited Liability has invested 0.15% in Western Gas Equity Partners, LP (NYSE:WGP). California-based Parallax Volatility Advisers Lp has invested 0% in Western Gas Equity Partners, LP (NYSE:WGP). Ent Financial Svcs Corp owns 32 shares. 19,854 are owned by Guggenheim Llc. Signaturefd Lc, Georgia-based fund reported 14,025 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt System has 0.38% invested in Western Gas Equity Partners, LP (NYSE:WGP). Highland Cap Lp stated it has 0.59% in Western Gas Equity Partners, LP (NYSE:WGP). 35,917 were accumulated by Miller Howard Investments Ny. Massachusetts Financial Services Communication Ma has invested 0.03% in Western Gas Equity Partners, LP (NYSE:WGP). Cibc Asset Management holds 7,835 shares or 0% of its portfolio. Fmr Ltd Company stated it has 48,900 shares.

Brookfield Asset Management Inc, which manages about $13.20 billion and $25.05B US Long portfolio, decreased its stake in Highwoods Pptys Inc (NYSE:HIW) by 157,500 shares to 2.58M shares, valued at $122.08M in 2018Q3, according to the filing. It also reduced its holding in Empire St Rlty Tr Inc (NYSE:ESRT) by 298,100 shares in the quarter, leaving it with 4.83 million shares, and cut its stake in Essex Ppty Tr Inc (NYSE:ESS).

Investors sentiment decreased to 1.05 in 2018 Q3. Its down 0.20, from 1.25 in 2018Q2. It turned negative, as 74 investors sold STZ shares while 256 reduced holdings. 106 funds opened positions while 240 raised stakes. 133.03 million shares or 1.81% less from 135.49 million shares in 2018Q2 were reported. Wespac Advisors Lc invested in 954 shares. Wealthtrust Axiom Limited Liability Company owns 2,250 shares. Rathbone Brothers Plc reported 0.08% of its portfolio in Constellation Brands, Inc. (NYSE:STZ). Mackay Shields Ltd Liability Com stated it has 0.04% in Constellation Brands, Inc. (NYSE:STZ). 1832 Asset Mgmt Limited Partnership holds 47,490 shares. Van Hulzen Asset Ltd Llc holds 0.25% in Constellation Brands, Inc. (NYSE:STZ) or 4,408 shares. Winch Advisory Svcs Limited Liability Co owns 100 shares or 0.01% of their US portfolio. 10,057 were reported by Burns J W & Incorporated Ny. Wagner Bowman Corp holds 1,913 shares or 0.1% of its portfolio. Blume Cap Mngmt invested in 250 shares. Spirit Of America Mngmt Corp New York holds 0% or 150 shares. 100 are owned by Ims Cap Mgmt. Williams Jones Associate Lc stated it has 40,139 shares. Goldman Sachs Gru reported 0.05% stake. Highbridge Cap Management Ltd Limited Liability Company invested in 55,900 shares or 0.29% of the stock.

Among 25 analysts covering Constellation Brands (NYSE:STZ), 16 have Buy rating, 0 Sell and 9 Hold. Therefore 64% are positive. Constellation Brands had 105 analyst reports since August 27, 2015 according to SRatingsIntel. Cowen & Co maintained Constellation Brands, Inc. (NYSE:STZ) on Wednesday, August 2 with “Buy” rating. The rating was maintained by Cowen & Co with “Outperform” on Tuesday, April 11. The stock of Constellation Brands, Inc. (NYSE:STZ) earned “Buy” rating by RBC Capital Markets on Tuesday, August 1. The company was upgraded on Monday, March 14 by SunTrust. The stock of Constellation Brands, Inc. (NYSE:STZ) has “Outperform” rating given on Tuesday, September 1 by CLSA. Wells Fargo maintained Constellation Brands, Inc. (NYSE:STZ) rating on Friday, October 5. Wells Fargo has “Outperform” rating and $275 target. Susquehanna downgraded the stock to “Negative” rating in Monday, August 20 report. Stifel Nicolaus maintained it with “Buy” rating and $153 target in Thursday, August 27 report. The stock has “Neutral” rating by Credit Suisse on Friday, September 16. Wells Fargo maintained Constellation Brands, Inc. (NYSE:STZ) on Thursday, January 4 with “Buy” rating.

Northstar Asset Management Llc, which manages about $257.30M US Long portfolio, decreased its stake in Vanguard Info Tech Etf (VGT) by 2,811 shares to 190,951 shares, valued at $38.68 million in 2018Q3, according to the filing. It also reduced its holding in Berkshire Hathaway Inc Del Cl (BRKB) by 3,350 shares in the quarter, leaving it with 45,175 shares, and cut its stake in Vanguard S&P 500 Etf (VOO).

Since October 19, 2018, it had 0 insider purchases, and 3 insider sales for $68.05 million activity. $989,106 worth of Constellation Brands, Inc. (NYSE:STZ) was sold by Kane Thomas Michael on Friday, October 19. Shares for $33.28 million were sold by SANDS RICHARD on Friday, October 19.

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