Quarterly Financial Watch for Coca-Cola Company (The) (NYSE:KO)

Violet Tucker
October 22, 2017

The company has market cap of $11.46 billion. The stock now has Weekly Volatility of 0.85% and Monthly Volatility of 0.89%. About 530,302 shares traded. The Coca-Cola Co (NYSE:KO) has declined 0.95% since October 20, 2016 and is downtrending. It has underperformed by 5.95% the S&P500.

Fifth Third Bancorp increased its stake in Blackrock Inc (BLK) by 28.55% based on its latest 2017Q2 regulatory filing with the SEC. Zacks Investment Research raised shares of Coca-Cola Company (The) from a "hold" rating to a "buy" rating and set a $52.00 target price for the company in a research report on Monday, October 16th.

At the end of 06/30/2017 reporting period, 739 institutional holders increased their position in The Coca-Cola Company (NYSE:KO) by some 114,697,080 shares, 844 decreased positions by 64,481,804 and 270 held positions by 2,631,150,830. Jana Partners Llc who had been investing in Hd Supply Hldgs Inc for a number of months, seems to be bullish on the $6.88 billion market cap company. Eqis Capital Mngmt reported 5,808 shares. Clearbridge Investments LLC now owns 16,111,936 shares of the company's stock valued at $683,791,000 after acquiring an additional 1,208,498 shares during the period. The stock decreased 0.02% or $0.01 on October 20, reaching $41.93.

Coca-Cola Company (The) (NYSE:KO) last posted its quarterly earnings results on Wednesday, October 26th. They expect $0.49 EPS, 0.00% or $0.00 from last year's $0.49 per share. CCE's profit would be $382.66M giving it 13.27 P/E if the $0.79 EPS is correct. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.57 by $0.02.

Shares of Coca-Cola Company (KO) traded down 0.45% on Monday, reaching $46.38. Profit Advances 13% In Q3" published on October 11, 2017, Bloomberg.com published: "BlackRock Doesn't Want Your ETF Fees...

Investors of record on Thursday, December 1st were issued a dividend of $0.35 per share. Its up 0.15, from 0.79 in 2017Q1. 2 funds opened positions while 1 raised stakes. Caxton Lp has 17,300 shares. The Investment Centers Of America Inc holds 147,307 shares with $6.60M value, down from 164,562 last quarter. Cramer Rosenthal Mcglynn Limited Liability reported 8,000 shares.

About 63,090 shares traded. Twin Tree Management Limited Partnership holds 39,837 shares or 0.01% of its portfolio. Meeder Asset Management Inc. boosted its position in shares of Coca-Cola Company (The) by 59.4% in the 2nd quarter. Invesco, a Georgia-based fund reported 25.43 million shares. Focused Wealth holds 1,126 shares or 0.02% of its portfolio. Tower Bridge stated it has 42,814 shares. State Street Corp grew its holdings in Coca-Cola Bottling Co.

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The average 1-year price target for The Coca-Cola Company (KO) - averaging the work of different analysts - reveals a mean PT of $47.69/share.

Since May 3, 2017, it had 0 insider purchases, and 4 selling transactions for $22.03 million activity.

07/31/2017 - Coca-Cola Company (The) had its "market perform" rating reiterated by analysts at BMO Capital Markets. 87,800 shares were sold by SMITH BRIAN JOHN, worth $3.81M.

Based on the latest notes released to investors, 0 analysts have issued a rating of "buy", 0 analysts "outperform", 1 analysts "hold", 0 analysts "underperform" and 0 analysts "sell". Therefore 43% are positive. BlackRock had 75 analyst reports since August 26, 2015 according to SRatingsIntel. The stock of Coca-Cola European Partners plc Ordinary Shares (NYSE:CCE) earned "Buy" rating by Goldman Sachs on Tuesday, May 31.

Since the beginning of the calendar year, the stock is 12.37%. The firm has "Buy" rating given on Friday, September 25 by Deutsche Bank.

04/25/2017 - Coca-Cola Company (The) had its "neutral" rating reiterated by analysts at Susquehanna. The firm has "Buy" rating given on Friday, June 30 by RBC Capital Markets. As per Monday, September 18, the company rating was maintained by Stifel Nicolaus. Coca-Cola Bottling Co Consolidated (NASDAQ:COKE) has risen 61.47% since October 19, 2016 and is uptrending. (NYSE:COH), 23 have Buy rating, 1 Sell and 15 Hold. Jefferies maintained it with "Hold" rating and $440.0 target in Thursday, August 17 report.

04/24/2017 - Coca-Cola Company (The) had its "outperform" rating reiterated by analysts at RBC Capital. As per Monday, October 2, the company rating was maintained by Morgan Stanley. Wms Partners Llc bought 9,145 shares as the company's stock rose 6.48% with the market. Paradigm Research downgraded the stock to "Hold" rating in Thursday, April 7 report. Susquehanna has "Hold" rating and $3900 target. Nomura maintained Coach Inc (NYSE:COH) on Wednesday, August 16 with "Buy" rating. Vanguard Group Inc. grew its holdings in Coca-Cola Bottling Co.

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