Coca-Cola FEMSA, S.A.B. de C.V. (KOF) Position Maintained by Hamel Associates Inc.

Hamel Associates Inc. maintained its stake in shares of Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) during the first quarter, according to its most recent disclosure with the SEC. The firm owned 3,300 shares of the company’s stock at the end of the first quarter. Hamel Associates Inc.’s holdings in Coca-Cola FEMSA, S.A.B. de C.V. were worth $237,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. BNP Paribas Arbitrage SA boosted its stake in shares of Coca-Cola FEMSA, S.A.B. de C.V. by 153.3% in the first quarter. BNP Paribas Arbitrage SA now owns 1,520 shares of the company’s stock worth $109,000 after buying an additional 920 shares during the period. Dumac Inc. acquired a new stake in shares of Coca-Cola FEMSA, S.A.B. de C.V. during the fourth quarter worth approximately $152,000. Quadrature Capital Ltd acquired a new stake in shares of Coca-Cola FEMSA, S.A.B. de C.V. during the fourth quarter worth approximately $202,000. State of New Jersey Common Pension Fund D acquired a new stake in shares of Coca-Cola FEMSA, S.A.B. de C.V. during the third quarter worth approximately $203,000. Finally, Comerica Bank acquired a new stake in shares of Coca-Cola FEMSA, S.A.B. de C.V. during the first quarter worth approximately $208,000. Institutional investors and hedge funds own 5.70% of the company’s stock.

Institutional Ownership by Quarter for Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF)

Shares of Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) traded up 1.27% during midday trading on Friday, hitting $77.40. 108,885 shares of the company were exchanged. Coca-Cola FEMSA, S.A.B. de C.V. has a 52-week low of $59.44 and a 52-week high of $84.00. The company has a 50-day moving average price of $73.85 and a 200-day moving average price of $67.58. The stock has a market capitalization of $16.04 billion, a price-to-earnings ratio of 22.74 and a beta of 0.82.

Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) last announced its earnings results on Friday, February 24th. The company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.07. Coca-Cola FEMSA, S.A.B. de C.V. had a net margin of 6.17% and a return on equity of 8.60%. The firm had revenue of $2.50 billion during the quarter, compared to the consensus estimate of $2.27 billion. On average, analysts forecast that Coca-Cola FEMSA, S.A.B. de C.V. will post $3.76 EPS for the current year.

The company also recently announced a semiannual dividend, which was paid on Monday, May 15th. Investors of record on Tuesday, May 2nd were paid a $0.893 dividend. This represents a yield of 2.44%. The ex-dividend date was Friday, April 28th. Coca-Cola FEMSA, S.A.B. de C.V.’s payout ratio is 68.44%.

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KOF has been the subject of a number of recent research reports. TheStreet upgraded shares of Coca-Cola FEMSA, S.A.B. de C.V. from a “c” rating to a “b-” rating in a research report on Friday, April 28th. Zacks Investment Research upgraded shares of Coca-Cola FEMSA, S.A.B. de C.V. from a “hold” rating to a “buy” rating and set a $82.00 target price for the company in a research report on Friday, April 14th. Barclays PLC set a $84.00 target price on shares of Coca-Cola FEMSA, S.A.B. de C.V. and gave the company an “equal weight” rating in a research report on Monday, May 1st. Finally, JPMorgan Chase & Co. raised shares of Coca-Cola FEMSA, S.A.B. de C.V. from a “neutral” rating to an “overweight” rating in a report on Friday, May 12th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $93.20.

About Coca-Cola FEMSA, S.A.B. de C.V.

Coca-Cola FEMSA, SAB. de C.V. is a franchise bottler of Coca-Cola trademark beverages across the world. The Company and its subsidiaries are engaged in the production, distribution and marketing of certain Coca-Cola beverages. It is also engaged in acquiring, holding and transferring all types of bonds, shares and marketable securities.

12 Month Chart for NYSE:KOF

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