Several hedge funds have recently made changes to their positions in the stock.
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Homrich Berg reduced its stake in The Coca-Cola Co by 1.74% during the most recent quarter end. Now shares have been rated as “Buy” from 7 Analysts. The firm lifted its rating on KO from Hold to Buy.
While looking at the Stock’s Performance, Coca-Cola Company (The) now shows a Weekly Performance of -1.13%, where Monthly Performance is -4.56%, Quarterly performance is 0.24%, 6 Months performance is 1.67% and yearly performance percentage is 14.21%. Arcadia Investment Management Corp MI raised its stake in shares of Coca-Cola by 1.5% in the second quarter. The median estimate represents a 12.03% increase from the last price.
Receive Coca Cola Femsa S.A.B.de C.V. News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Coca Cola Femsa S.A.B.de C.V. with MarketBeat.com’s FREE daily email newsletter. Finally, Independent Research GmbH set a $38.00 price target on Coca-Cola and gave the stock a sell rating in a research report on Monday, August 1st.
07/28/2016 – Coca-Cola Company (The) had its “buy” rating reiterated by analysts at Vetr Inc.
07/21/2016 – Coca-Cola Company (The) had its “buy” rating reiterated by analysts at Deutsche Bank. Stifel Nicolaus lowered their target price on shares of Coca-Cola from $54.00 to $50.00 and set a “buy” rating for the company in a research note on Thursday, July 28th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have assigned a buy rating to the stock.
Coach, Inc.’s (COH) stock price showed strong performance of 2.49% in last seven days, switched down -5.64% in last thirty days and it rose 34.35% in last one year. Over the last 3 months and over the last 6 months, the shares of The Coca-Cola Company (KO), have changed 0.63% and 44.76%, respectively.
The stock will commence trading ex-dividend from 2016-09-13, until, which the shareholders are compelled to keep the holdings so as to qualify for the dividend. The stock’s 50 day moving average is $44.52 and its 200-day moving average is $44.80. Over the one year trading period, the stock has a high price of $47.13 and its low price is recorded at $37.84. The company has a market cap of $189.65 billion and a P/E ratio of 25.28.
The Coca-Cola Company (NYSE:KO) soared 3.4% year-to-date. A month ago, analyst EPS consensus estimated earnings of US$0.5 per share.
Earnings Roundup: In the last fiscal quarter alone, The Coca-Cola Company generated almost $11.52B in sales and net income of $0.6/share. For the prior quarter revenue for the stock hit $10.33B, with EPS at $0.45.
These analysts also forecasted Growth Estimates for the Current Quarter for KO to be -5.9%.
The business also recently declared a quarterly dividend, which will be paid on Monday, October 3rd. The ex-dividend date is Tuesday, September 13th. KO has a dividend yield of 3.19%.
Stock exchanges work according to the invisible hand of supply and demand, which determines the price where stocks are bought and sold. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
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The Coca-Cola Company, a beverage company, manufactures and distributes various nonalcoholic beverages worldwide. The Company owns or licenses and markets more than 500 nonalcoholic beverage brands primarily sparkling beverages but also a range of still beverages such as waters enhanced waters juices and juice drinks ready-to-drink teas and coffees and energy and sports drinks.
