learningandfinance.com


Business

Amalgamated Bank Significantly Increases Its Position in Coca-Cola Company (The) (KO)

Share

Tukman Grossman Capital Management Inc decreased Coca Cola Co (KO) stake by 29.6% reported in 2016Q4 SEC filing. The institutional investor owned 167,102 shares of the company's stock after buying an additional 40,850 shares during the period. Signature Estate & Investment Advisors has an ownership of 2,725 stocks of the firms shares valued $116,000 after scooping up an extra 129 shares through out the quarter. The value of the company's investment in Coca-Cola Bottling Co. Signature Estate & Investment Advisors raised its position in Coca-Cola Company (The) by 5.0% in the Q1. MARSHALL WACE ASIA Ltd acquired a new position in shares of Coca-Cola European Partners PLC during the first quarter worth $4,864,000. Suntrust Banks Inc. increased its position in shares of Coca-Cola European Partners PLC by 0.9% in the first 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 last quarter. Finally, Cribstone Capital Management LLC boosted its stake in Coca-Cola Company (The) by 44.7% in the first quarter. SRS Capital Advisors Inc. now owns 3,326 shares of the company's stock worth $141,000 after buying an additional 264 shares in the last quarter. The Coca-Cola Company disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Senior Vice President MANN JENNIFER K has sold 8,819 shares of The Coca-Cola Company (KO) in trading session dated August 07, 2017. Overall, 8.86 Million shares exchanged hands versus its average trading volume of 10.57 Million shares. The firm has a market capitalization of $194.46 billion, a P/E ratio of 48.14 and a beta of 0.69.

It is trading at $208.81 which is significantly below the 50 day moving average which is $233.33 and a tad higher than the 200 day moving average of $206.90. Coca-Cola European Partners PLC has a one year low of $30.55 and a one year high of $44.75. Credit Suisse upgraded The Coca-Cola Co (NYSE:KO) on Wednesday, April 19 to "Outperform" rating. The dividend payment was $0.250 per share for the quarter or $1.00 on an annualized basis. The business had revenue of $9.70 billion for the quarter, compared to analyst estimates of $9.62 billion. Coca-Cola Company (The) had a net margin of 10.68% and a return on equity of 34.53%. The company reported revenue of $8.71 Billion in the same period past year. Davenport And Limited Co holds 0.8% or 1.34M shares in its portfolio. On average, equities analysts expect that Coca-Cola Company will post $1.90 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, October 2nd. Stockholders of record on Friday, September 15th will be given a $0.37 dividend. Coca-Cola Bottling Co Consolidated's payout ratio is now 20.37%.

Boko Haram: We are ready to work with UN - Army
According to the Army, the clearance operations have been yielding successes. The operation was successfully conducted as over 30 houses were searched.

Brighton & Hove Albion 0-2 Manchester City
Brighton boss Chris Hughton: "For 70 minutes I thought we were good, there's only one way we can play against a team like City". I assure you that. "Hopefully next season I will be here and we are not going to spend how we have this season".

Hoping to see the Perseids tonight?
Dubai Astronomy Group (DAG) organised the Persied Meteor Shower event at Al Thuraya Astronomy Centre in Mushrif Park, Dubai. But don't let that stop you from checking out the show as there still should be plenty of brighter meteors to see.

TRADEMARK VIOLATION WARNING: "Coca-Cola Company (The) (KO) Receives Consensus Recommendation of "Hold" from Analysts" was published by Transcript Daily and is the property of of Transcript Daily. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of USA & global copyright and trademark legislation. The correct version of this report can be viewed at https://stocknewstimes.com/2017/08/13/coca-cola-company-the-nyseko-earns-hold-rating-from-stifel-nicolaus-updated-updated-updated.html.

Other equities research analysts have also recently issued reports about the company. Finally, Susquehanna Bancshares Inc set a $39.00 price objective on shares of Coca-Cola Company (The) and gave the stock a "hold" rating in a research report on Wednesday, July 26th. BMO Capital Markets maintained the shares of KO in report on Thursday, March 23 with "Buy" rating. Jefferies Group LLC set a $47.00 target price on Coca-Cola Company (The) and gave the stock a "neutral" rating in a research report on Thursday, July 27th. Two investment analysts have rated the stock with a sell recommendation, fifteen have assigned a hold recommendation and seven have assigned a buy recommendation to the company. The company now has an average rating of Hold and a consensus target price of $45.62. It turned negative, as 76 investors sold KO shares while 623 reduced holdings. Consolid shares by 1,588 shares as of the end of the last quarter. The information was declared in a transaction filed with the SEC which is available at this hyperlink. Finan Irial had sold 354,146 shares worth $15.94 million on Wednesday, May 24. The stock was sold at an average price of $45.00, for a total transaction of $15,936,570.00. Following the completion of the transaction, the insider now directly owns 780,258 shares in the company, valued at $35,111,610. The disclosure for this sale can be found here. 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. Boys Arnold owns 147,223 shares for 1.01% of their portfolio.

The Coca-Cola Company shares increased 0.15 percent over the past week and rose 2.76 percent over the previous month.

Share