16 September, 2017
US Bancorp DE now owns 40,381 shares of the company's stock valued at $1,523,000 after purchasing an additional 6,300 shares during the last quarter. Thomaspartners Inc. owned approximately 0.09% of Coca-Cola Company (The) worth $163,095,000 as of its most recent SEC filing.
A number of large investors have recently bought and sold shares of CCE. Suntrust Banks Inc. now owns 8,690 shares of the company's stock valued at $325,000 after acquiring an additional 78 shares during the period.
Coca-Cola owns a 16.7% stake in Monster Beverage as part of a strategic deal with the leading energy drink maker.
What Historical Figures Say About The Coca-Cola Company (NYSE:KO)? Company shares have been seen trading -1.73% off of the 52 week high and 15.76% away from the 52 week low. Vanguard Group Inc. now owns 275,221,018 shares of the company's stock valued at $12,343,662,000 after acquiring an additional 4,818,963 shares in the last quarter. Hills Bank & Trust Co. raised its stake in shares of Coca-Cola Company (The) by 5.2% in the 1st quarter. Neuberger Berman Group LLC now owns 10,492 shares of the company's stock valued at $427,000 after purchasing an additional 382 shares during the last quarter. Guinness Asset Management Ltd now owns 232,940 shares of the company's stock valued at $9,886,000 after buying an additional 27,560 shares during the period. However, the institutional investors are observed to own 66.20% of the total shares.
A number of other research analysts have also recently weighed in on KO. Macquarie assumed coverage on Coca-Cola Company (The) in a research note on Friday. $45.93's average target is -0.39% below currents $46.11 stock price. Vetr upgraded The Coca-Cola Co (NYSE:KO) rating on Monday, August 24. Coca-Cola European Partners PLC presently has a consensus rating of "Hold" and an average target price of $45.22. Barclays PLC reissued a "buy" rating and set a $46.00 target price on shares of Coca-Cola European Partners PLC in a research report on Friday, July 21st. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the company. They set a "neutral" rating and a $47.00 price target for the company.
In other Coca-Cola Company (The) news, insider Francisco Crespo sold 7,700 shares of the business's stock in a transaction that occurred on Friday, July 28th. Atwood Palmer has 11,898 shares for 0.09% of their portfolio. The Coca-Cola Company's 50-day moving average is $45.84 and its 200-day average is $44.31. The company reported $0.59 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.57 by $0.02. Coca-Cola Company (The) had a net margin of 10.68% and a return on equity of 34.53%. The company had revenue of $9.70 billion for the quarter, compared to analyst estimates of $9.62 billion. During the same quarter previous year, the company posted $0.60 EPS. -0.17% over the last one month, 1.90% for the last quarter and year to date performance stands at 11.22%. On average, equities research analysts expect that Coca-Cola Company will post $1.90 earnings per share for the current fiscal year. It is down 0.95% since September 15, 2016 and is downtrending. This represents a $1.48 annualized dividend and a dividend yield of 3.21%.
Coca-Cola European Partners PLC (NYSE:CCE) last released its earnings results on Thursday, August 10th. Arete Wealth Advisors Llc sold 14,660 shares as Coca Cola Co (KO)'s stock rose 6.48%. The stock was sold at an average price of $46.01, for a total value of $354,277.00. Following the completion of the sale, the vice president now owns 109,508 shares in the company, valued at approximately $5,012,181.16.
Hightower Advisors Llc decreased its stake in Coca Cola Co (KO) by 10.9% based on its latest 2016Q4 regulatory filing with the SEC. Also, insider Mark Randazza sold 24,156 shares of the stock in a transaction on Thursday, July 27th. Shares for $1.32 million were sold by Perez Beatriz R. Over the last three months, insiders sold 366,835 shares of company stock valued at $16,874,246. Hot Stocks Point (HSP) makes sure to keep the information up to date and correct, but we didn't suggest or recommend buying or selling of any financial instrument, unless that information is subsequently confirmed on your own.
ILLEGAL ACTIVITY NOTICE: This piece of content was originally published by Week Herald and is owned by of Week Herald. The stock of The Coca-Cola Co (NYSE:KO) has "Market Perform" rating given on Monday, July 31 by BMO Capital Markets.
