State Street Corp raised its position in shares of Coca-Cola Company (The) by 1.2% in the first quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of the company. American International Group Inc. now owns 2,902 shares of the company's stock valued at $598,000 after buying an additional 192 shares during the last quarter. The Norinchukin Bank The holds 470,272 shares with $19.50M value, down from 982,881 last quarter. Majority of its total bottle/can volume to retail customers consist of products of The Coca-Cola Company.
Summit Securities Group Llc increased Coca Cola Co (NYSE:KO) stake by 31,705 shares to 32,100 valued at $1.33M in 2016Q4. Finally, Loomis Sayles & Co. Moreover, Pring Turner Capital Group Inc has 3.91% invested in the company for 66,850 shares. (NASDAQ:ACHN). Rock Springs Capital Lp reported 1.38M shares or 0.38% of all its holdings. $3.81 million worth of The Coca-Cola Co (NYSE:KO) was sold by SMITH BRIAN JOHN on Wednesday, May 10. The firm has a market capitalization of $20.70 billion, a price-to-earnings ratio of 26.54 and a beta of 0.95.
The stock's 50 day moving average is 45.10 and its 200 day moving average is 43.42. Coca-Cola European Partners PLC has a 1-year low of $30.55 and a 1-year high of $44.00.
Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) last posted its earnings results on Tuesday, August 8th. For the past 5 years, the company's revenue has grown 1%, while the company's earnings per share has grown 6.4%. The company's net profit margin has achieved the current level of 6.3 percent and possesses 39 percent gross margin.
The High Revenue estimate is predicted as 9.17 Million, while the Low Revenue Estimate prediction stands at 8.25 Million. Spears Abacus Limited Company owns 7,383 shares for 0.04% of their portfolio. The company's a year ago sales total was 10.63 Million. $1.32M worth of The Coca-Cola Co (NYSE:KO) shares were sold by Perez Beatriz R. $15.94 million worth of stock was sold by Finan Irial on Wednesday, May 24.
The firm also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Stockholders of record on Friday, September 15th will be paid a $0.37 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.41%. The ex-dividend date will be Tuesday June 13th, 2017. Coca-Cola Company (The)'s payout ratio is 154.17%. "Holds Position in Coca-Cola Company (The) (NYSE:KO)" was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this report on another site, it was illegally stolen and republished in violation of global copyright laws. The original version of this piece of content can be viewed at https://www.thestockobserver.com/2017/08/09/coca-cola-european-partners-plc-nysecce-set-to-announce-earnings-on-thursday.html.
According to the latest research reports released, 4 analysts have issued a rating of "buy", 5 analysts "outperform", 16 analysts "hold", 1 analysts "underperform" and 0 analysts "sell". Zacks Investment Research lowered shares of Coca-Cola Company (The) from a "buy" rating to a "hold" rating in a research report on Wednesday, April 26th. Jefferies Group LLC reiterated a "hold" rating and set a $42.00 price target on shares of Coca-Cola European Partners PLC in a research note on Wednesday, June 14th. Barclays PLC set a $45.00 price target on shares of Coca-Cola Company (The) and gave the company a neutral rating in a research report on Monday, May 29th. BidaskClub upgraded shares of Coca-Cola Company (The) from a "sell" rating to a "hold" rating in a report on Monday, July 31st. Two analysts have rated the stock with a sell rating, fifteen have given a hold rating and seven have assigned a buy rating to the stock. The stock presently has an average rating of "Hold" and a consensus price target of $43.57. Insiders sold a total of 606,022 shares of company stock valued at $27,497,952 in the last 90 days. Another trade for 203,250 shares valued at $8.32M was sold by TUGGLE CLYDE C. Following the completion of the transaction, the insider now owns 315,606 shares in the company, valued at $14,514,719.94. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
In related news, insider Mark Randazza sold 24,156 shares of the firm's stock in a transaction on Thursday, July 27th. If the share price is now hovering near the 52 week low and the value is achieved in the current past then it can suggest that the price of the shares is likely to go up.