Other institutional investors have also recently bought and sold shares of the company.
Several analysts have released their opinion on The Coca-Cola Company (NYSE:KO), with 3 analysts believing it is a strong buy. The stock of The Coca-Cola Co (NYSE:KO) has "Sell" rating given on Monday, January 9 by Goldman Sachs.
On June 7 the company was downgraded to "Market Perform" from "Outperform" with a current price target of $46.00 in a report issued by BMO Capital. UBS AG fixed a $48.00 price objective on the stock of Coca-Cola Company (The) and issued the shares a "buy" recommendation in a analysis note on Tue, Apr 18th. Two analysts have rated the stock with a sell rating, fifteen have issued a hold rating and seven have assigned a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the a year ago is $45.43.
The company is now up by 0.33% since yesterday's close of $45.59. The stock closed the most recent session at $45.59 after seeing 8357343 shares trade hands. The company has a 50 day moving average of $45.14 and a 200-day moving average of $43.57. Coca-Cola Company has a one year low of $39.88 and a one year high of $46.43. Berkshire Hathaway Inc owns $18.24 billion in The Coca-Cola Company, which represents roughly 9.31% of the company's market cap and approximately 14.45% of the institutional ownership. The Bahl & Gaynor Inc holds 3.58 million shares with $148.46M value, down from 3.79M last quarter. The dividend payment will be $0.370 per share for the quarter or $1.48 annualized. Next quarter's EPS is expected be $1.64 with next year's EPS projected to be $10.02. Coca-Cola European Partners PLC had a return on equity of 15.74% and a net margin of 6.93%. During the same period in the previous year, the firm earned $0.60 EPS. On average, equities research analysts anticipate that Coca-Cola Company will post $1.90 earnings per share for the current year. On average, equities research analysts expect that Coca-Cola Bottling Co. If you are reading this report on another website, it was copied illegally and republished in violation of USA & worldwide copyright & trademark legislation. The original version of this report can be read at https://transcriptdaily.com/2017/08/13/coca-cola-company-the-ko-receives-consensus-recommendation-of-hold-from-analysts.html. The company also declared a dividend for shareholders that was paid on Fri May 12, 2017. Investors of record on Friday, September 15th will be given a $0.37 dividend. The ex-dividend date of this dividend is Wednesday, July 26th. Coca-Cola Company (The)'s dividend payout ratio is 154.17%.
In other Coca-Cola Company (The) news, insider Mark Randazza sold 24,156 shares of the stock in a transaction dated Thursday, July 27th. The total value of its holdings increased 10.2%.
Colorado Rockies sign former MVP, three-time All-Star Ryan Howard
His time with the Phillies ended after the 2016 season, his 13 with the club as he struggled to a.196 average in 112 games. Throughout his career, Howard has blasted 382 home runs and drove in 1,194 runs at the major league level.
Earnings per share (EPS) is the portion of a company's profit allocated to each outstanding share of common stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Irial Finan sold 354,146 shares of the stock in a transaction dated Wednesday, May 24th. 29,282 The Coca-Cola Co (NYSE:KO) shares with value of $1.32M were sold by Perez Beatriz R. Eberly Ceree sold $1.74 million worth of stock or 42,800 shares. Following the sale, the insider now owns 118,000 shares in the company, valued at approximately $5,333,600. The disclosure for this sale can be found here. Insiders have sold a total of 614,841 shares of company stock worth $27,900,186 in the last three months.
A number of brokerages recently issued reports on KO. Court Place Advsrs Limited Com stated it has 0.56% of its portfolio in The Coca-Cola Co (NYSE:KO). Lyell Wealth Management LP now owns 7,950 shares of the company's stock worth $359,000 after buying an additional 50 shares during the last quarter. Meeder Asset Management has an ownership of 2,754 stocks of the firms shares valued $124,000 after scooping up an extra 1,026 shares through out the quarter. L P raised its position in Coca-Cola Company (The) by 5.0% in the fourth quarter. The Guyasuta Investment Advisors Inc holds 117,757 shares with $4.88 million value, down from 133,457 last quarter. Lastly, Perkins Coie Trust Co raised its position in Coca-Cola Company (The) by 21.9% in the Fiscal Q2. Marathon Asset Management LLP now owns 2,699,084 shares of the company's stock valued at $115,439,000 after buying an additional 184,589 shares during the last quarter. Cullen Frost Bankers Inc.'s holdings in Coca-Cola Company (The) were worth $14,656,000 at the end of the most recent quarter.
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Coca-Cola European Partners plc (CCE) is an interesting player in the Consumer Goods space, with a focus on Beverages - Soft Drinks. The Company owns or licenses and markets non-alcoholic beverage brands, primarily sparkling beverages and a range of still beverages, such as waters, flavored waters and enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, sports drinks, dairy and energy drinks.