As Brown Forman Corp Class B (BF.B) Stock Value Were Volatile, Shareholder California State Teachers Retirement System Has Decreased Position by $9.13 Million

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California State Teachers Retirement System decreased its stake in Brown Forman Corp Class B (BF.B) by 35.52% based on its latest 2019Q2 regulatory filing with the SEC. California State Teachers Retirement System sold 165,985 shares as the company’s stock 0.00% . The institutional investor held 301,298 shares of the company at the end of 2019Q2, valued at $16.70 million, down from 467,283 at the end of the previous reported quarter. California State Teachers Retirement System who had been investing in Brown Forman Corp Class B for a number of months, seems to be less bullish one the $30.39 billion market cap company. The stock decreased 1.53% or $1 during the last trading session, reaching $64.2. About 1.68M shares traded or 29.38% up from the average. Brown-Forman Corporation (NYSE:BF.B) has risen 3.94% since September 13, 2018 and is uptrending. It has outperformed by 3.94% the S&P500.

California State Teachers Retirement System, which manages about $50.70B US Long portfolio, upped its stake in Elastic Nv by 46,475 shares to 59,341 shares, valued at $4.43 million in 2019Q2, according to the filing. It also increased its holding in Altice Usa Inc A by 536,855 shares in the quarter, for a total of 539,556 shares, and has risen its stake in Eli Lilly Co (NYSE:LLY).

More notable recent Brown-Forman Corporation (NYSE:BF.B) news were published by: Seekingalpha.com which released: “Why I’m Still Bullish On Brown-Forman – Seeking Alpha” on September 11, 2019, also Fool.com with their article: “Brown-Forman Corporation (BF-A) (BF-B) Q1 2020 Earnings Call Transcript – The Motley Fool” published on August 28, 2019, Fool.com published: “Stock Market News: Tiffany Sparkles, but Brown-Forman Looks Hungover – Motley Fool” on August 28, 2019. More interesting news about Brown-Forman Corporation (NYSE:BF.B) were released by: Finance.Yahoo.com and their article: “Is Brown-Forman Corporation’s (NYSE:BF.B) ROE Of 51% Impressive? – Yahoo Finance” published on July 04, 2019 as well as Finance.Yahoo.com‘s news article titled: “What Investors Should Know About Brown-Forman Corporation’s (NYSE:BF.B) Financial Strength – Yahoo Finance” with publication date: June 20, 2019.

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