At the end of Mar reporting period, 695 institutional holders increased their position in The Coca-Cola Company (NYSE:KO) by some 87,555,699 shares, 878 decreased positions by 120,076,051 and 267 held positions by 2,561,256,780. Global Financial Private Capital LLC now owns 721,344 shares of the company's stock valued at $32,352,000 after buying an additional 169,395 shares during the last quarter. NS Partners Ltd's holdings in Coca-Cola Company (The) were worth $8,706,000 as of its most recent SEC filing. Finally, Perkins Coie Trust Co raised its stake in shares of Coca-Cola Company (The) by 21.9% in the second quarter. Korea Investment CORP now owns 121,800 shares of the company's stock valued at $4,591,000 after buying an additional 13,600 shares during the period.
Digging a bit further, company shares have been noted -1.49% off the 52 week high and 14.68% away from the 52 week low. Wetherby Asset Management Inc. now owns 9,292 shares of the company's stock valued at $350,000 after buying an additional 146 shares during the period. Wells Fargo & Company MN now owns 1,713,537 shares of the company's stock valued at $64,583,000 after buying an additional 998,524 shares in the last quarter. Feltz Wealth PLAN Inc. acquired a new stake in Coca-Cola Company (The) during the first quarter valued at $150,000. Year to date The Coca-Cola Company (NYSE:KO) is 9.96%, 4.59% over the last quarter, and 12.35% for the past six months.
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Shares of Coca-Cola Company (NYSE KO) traded down 0.33% during trading on Friday, hitting $45.59. About 8.21M shares traded. The stock is trading $41.65 its 50-day moving average by -1.57%. The company has a market capitalization of $194.46 billion, a P/E ratio of 48.14 and a beta of 0.69.
Earnings per share (EPS) is the portion of a company's profit allocated to each outstanding share of common stock. The company reported $0.59 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.57 by $0.02. Coca-Cola Company (The)'s quarterly revenue was down 15.9% on a year-over-year basis. The business's revenue was down 15.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.60 EPS. In the last earnings report the EPS was $4.91 and is expected to be $9.75 for the current year with 9,313,000 shares now outstanding.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 2nd. The ex-dividend date will be on Tuesday June 13th, 2017. Coca-Cola Company (The)'s yield ratio (DPR) is presently 154.17%.
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Several institutional investors have recently made changes to their positions in KO. Sanford C. Bernstein reissued a buy rating and issued a $48.00 price target on shares of Coca-Cola Company (The) in a research note on Monday, April 10th. Jefferies Group LLC reaffirmed a "neutral" rating and set a $45.00 price target (up from $42.00) on shares of Coca-Cola Company (The) in a report on Tuesday, April 18th. Zacks Investment Research raised shares of Coca-Cola Company (The) from a "sell" rating to a "buy" rating and set a $48.00 price target on the stock in a report on Friday, April 21st.
Stifel Nicolaus reaffirmed their hold rating on shares of Coca-Cola Company (The) (NYSE:KO) in a report released on Friday, July 14th. Finally, Vetr raised shares of Coca-Cola Company (The) from a "hold" rating to a "buy" rating and set a $44.81 price target on the stock in a report on Monday, April 24th.
Among 18 analysts covering Coca-Cola (NYSE:KO), 7 have Buy rating, 1 Sell and 10 Hold.
The Coca-Cola Company (KO) has been given an average price target of $47.44 from analysts, according to data collected by Finviz.
In other Coca-Cola Company (The) news, SVP Beatriz R. Perez sold 10,000 shares of Coca-Cola Company (The) stock in a transaction on Thursday, July 27th. It worsened, as 76 investors sold KO shares while 623 reduced holdings. Following the transaction, the senior vice president now directly owns 98,718 shares of the company's stock, valued at approximately $4,541,028. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Irial Finan sold 354,146 shares of the stock in a transaction dated Wednesday, May 24th. When there are more buyers than sellers, the stock price will rise because of the increased demand.
The company is down by -1.02% since yesterday's close of $210.97. The disclosure for this sale can be found here.
In related news, insider Mark Randazza sold 24,156 shares of the stock in a transaction that occurred on Thursday, July 27th. Bahl & Gaynor Inc sold 207,539 shares as Coca (KO)'s stock rose 6.48%.
Washington Tru Company reported 0.15% in The Coca-Cola Co (NYSE:KO).