Bridgewater Associates LP Boosted Stake in Allstate (ALL) as Stock Price Rose; Two Creeks Capital Management LP Has Lifted Constellation Brands (STZ) Position

The Allstate Corporation (NYSE:ALL) Logo

Two Creeks Capital Management Lp increased its stake in Constellation Brands Inc (STZ) by 5.76% based on its latest 2018Q4 regulatory filing with the SEC. Two Creeks Capital Management Lp bought 36,705 shares as the company’s stock declined 15.24% while stock markets rallied. The hedge fund held 673,501 shares of the beverages (production and distribution) company at the end of 2018Q4, valued at $108.31 million, up from 636,796 at the end of the previous reported quarter. Two Creeks Capital Management Lp who had been investing in Constellation Brands Inc for a number of months, seems to be bullish on the $32.27 billion market cap company. The stock decreased 0.09% or $0.16 during the last trading session, reaching $170.45. About 2.68M shares traded. Constellation Brands, Inc. (NYSE:STZ) has declined 20.99% since March 17, 2018 and is downtrending. It has underperformed by 25.36% the S&P500. Some Historical STZ News: 29/03/2018 – Constellation Brands Sees FY19 Beer Sales Up 9%-11%; 29/03/2018 – Constellation Brands Sees FY19 Adj EPS $9.40-Adj EPS $9.70; 08/03/2018 – OneWeb Finalizes Executive Team Appointments Leading Up to the Launch of Global Constellation and Services; 29/03/2018 – Constellation Brands Raises Class A Dividend to 74c, Class B Div to 67c; 08/03/2018 – CITY DEVELOPMENTS LTD CTDM.Sl – INTEREST HOLDINGS OF CDL CONSTELLATION AND TIDR IN SUMANG WALK PROPERTY PROJECT ARE 60% AND 40% RESPECTIVELY; 29/03/2018 – Constellation Brands Reports Fiscal 2018 Results and Fiscal 2019 Outlook; 16/05/2018 – Fitch Affirms Constellation Software at ‘BBB’; Outlook Stable; 31/05/2018 – New Research Coverage Highlights Constellation Brands, Yintech Investment, EZCORP, Euronet Worldwide, Fidelity National Financi; 29/03/2018 – Constellation Brands 4Q Adj EPS $1.90; 11/05/2018 – Fitch Downgrades QGOG Constellation’s Ratings to ‘C’

Bridgewater Associates Lp increased its stake in Allstate Corp (ALL) by 1412.78% based on its latest 2018Q4 regulatory filing with the SEC. Bridgewater Associates Lp bought 90,319 shares as the company’s stock rose 5.65% with the market. The hedge fund held 96,712 shares of the property-casualty insurers company at the end of 2018Q4, valued at $7.99M, up from 6,393 at the end of the previous reported quarter. Bridgewater Associates Lp who had been investing in Allstate Corp for a number of months, seems to be bullish on the $31.48 billion market cap company. The stock increased 1.05% or $0.99 during the last trading session, reaching $94.84. About 4.43M shares traded or 78.47% up from the average. The Allstate Corporation (NYSE:ALL) has risen 2.32% since March 17, 2018 and is uptrending. It has underperformed by 2.05% the S&P500. Some Historical ALL News: 17/05/2018 – ALLSTATE REPORTS APRIL 2018 CATASTROPHE LOSS ESTIMATE; 01/05/2018 – CORRECT: ALLSTATE 1Q ADJ EPS $2.96, EST. $2.60; 01/05/2018 – Allstate 1Q Property-Liability Premiums Written $7.84B; 01/05/2018 – Allstate 1Q Rev $9.77B; 07/05/2018 – ALLSTATE CORP – AGREEMENT IS PART OF REGISTRANT’S REPURCHASE PROGRAM TOTALING $2 BLN THAT WAS ANNOUNCED ON AUGUST 1, 2017; 26/03/2018 – ALLSTATE CORP FILES PROSPECTUS SUPPLEMENT RELATED TO A POTENTIAL TWO-PART FLOATING RATE SENIOR NOTE OFFERING – SEC FILING; 17/05/2018 – ALLSTATE CORP – ESTIMATED CATASTROPHE LOSSES FOR MONTH OF APRIL 2018 OF $211 MLN, PRE-TAX ($167 MLN AFTER-TAX); 09/04/2018 – Stuart Elliott: Allstate Quietly Drops Laura Ingraham in Internal Memo to Employees; 01/04/2018 – ALLSTATE CORP ALL.N : KEEFE, BRUYETTE & WOODS RAISES TO MARKET PERFORM FROM UNDERPERFORM; RAISES TARGET PRICE TO $93 FROM $90; 01/05/2018 – Allstate 1Q Property-Liability Premiums Earned $8.02B

Since November 7, 2018, it had 0 buys, and 1 sale for $64,118 activity.

Investors sentiment decreased to 0.74 in Q4 2018. Its down 0.27, from 1.01 in 2018Q3. It fall, as 69 investors sold ALL shares while 295 reduced holdings. 76 funds opened positions while 193 raised stakes. 251.52 million shares or 0.18% more from 251.07 million shares in 2018Q3 were reported. Bb&T accumulated 19,708 shares or 0.03% of the stock. Fiduciary Tru Co stated it has 28,191 shares or 0.07% of all its holdings. United Cap Fincl Advisers Limited Liability Corporation accumulated 47,402 shares. British Columbia Inv Management Corporation has invested 0.11% in The Allstate Corporation (NYSE:ALL). Ameritas Invest Prtn accumulated 6,110 shares. Folger Nolan Fleming Douglas Mgmt has invested 0.11% in The Allstate Corporation (NYSE:ALL). Willis Investment Counsel stated it has 42,800 shares. Soros Fund Management Ltd Liability, New York-based fund reported 44,195 shares. Brown Brothers Harriman & Company has 831 shares. State Of New Jersey Common Pension Fund D reported 261,054 shares. Cypress Capital Mngmt Limited Liability Com (Wy) stated it has 1,350 shares. Dnb Asset Management As holds 86,224 shares. New York-based Hugh Johnson Advsrs Ltd Liability has invested 2.76% in The Allstate Corporation (NYSE:ALL). 4,525 are owned by Tru Of Virginia Va. Ipswich Inv Management Inc stated it has 0.01% of its portfolio in The Allstate Corporation (NYSE:ALL).

More notable recent The Allstate Corporation (NYSE:ALL) news were published by: Fool.com which released: “This Top Marijuana Stock Will Head to the NYSE Next Week – Motley Fool” on February 22, 2019, also Benzinga.com with their article: “NYSE Gets Another Cannabis Company, CannTrust To Make Debut Feb. 25 (NYSE:CTST)(OTC:CNTTF) – Benzinga” published on February 20, 2019, Bloomberg.com published: “NYSE Move That Never Happened Leaves City Still Paying Debt – Bloomberg” on March 14, 2019. More interesting news about The Allstate Corporation (NYSE:ALL) were released by: Globenewswire.com and their article: “Medtronic Evolut Low Risk Trial Meets Primary Endpont – GlobeNewswire” published on March 16, 2019 as well as Seekingalpha.com‘s news article titled: “CenturyLink Management Loses All Credibility And Makes Shares Uninvestable – Seeking Alpha” with publication date: February 15, 2019.

Bridgewater Associates Lp, which manages about $10.93B US Long portfolio, decreased its stake in Kinross Gold Corp (NYSE:KGC) by 102,417 shares to 728,440 shares, valued at $2.35 million in 2018Q4, according to the filing. It also reduced its holding in Ishares Inc (EWZ) by 3.44M shares in the quarter, leaving it with 1.01M shares, and cut its stake in Magna Intl Inc (NYSE:MGA).

Since October 19, 2018, it had 0 buys, and 4 insider sales for $68.19 million activity. Kane Thomas Michael sold $989,106 worth of Constellation Brands, Inc. (NYSE:STZ) on Friday, October 19. Another trade for 151,060 shares valued at $33.79M was made by SANDS ROBERT on Friday, October 19. $33.28 million worth of Constellation Brands, Inc. (NYSE:STZ) was sold by SANDS RICHARD.

Two Creeks Capital Management Lp, which manages about $2.12 billion and $1.48 billion US Long portfolio, decreased its stake in Visa Inc (Call) (NYSE:V) by 50,000 shares to 96,000 shares, valued at $12.67 million in 2018Q4, according to the filing. It also reduced its holding in Lamb Weston Hldgs Inc by 1.08 million shares in the quarter, leaving it with 112,159 shares, and cut its stake in Pioneer Nat Res Co (NYSE:PXD).

More notable recent Constellation Brands, Inc. (NYSE:STZ) news were published by: Seekingalpha.com which released: “Constellation Brands: An Update – Seeking Alpha” on July 09, 2018, also Benzinga.com with their article: “Analysts Continue To Like Constellation Brands (NYSE:STZ) – Benzinga” published on January 17, 2019, 247Wallst.com published: “Top Analyst Upgrades and Downgrades: Abercrombie, BHP, Coca-Cola, Monster Beverage, Procter & Gamble, Rio Tinto, Toll Brothers and More – 24/7 Wall St.” on March 07, 2019. More interesting news about Constellation Brands, Inc. (NYSE:STZ) were released by: Benzinga.com and their article: “Constellation Brands Made The Right Move With Early Cannabis Investment (NYSE:STZ)(NYSE:CGC)(NYSE:ACB) – Benzinga” published on February 13, 2019 as well as Investorplace.com‘s news article titled: “Constellation Brands Stock Looks Even More Compelling Now – Investorplace.com” with publication date: March 07, 2019.

The Allstate Corporation (NYSE:ALL) Institutional Positions Chart