Coca-Cola Company (The) (KO) Shares Bought by Mosaic Family Wealth LLC

Mosaic Family Wealth LLC raised its holdings in Coca-Cola Company (The) (NYSE:KO) by 84.5% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 23,370 shares of the company’s stock after acquiring an additional 10,702 shares during the quarter. Mosaic Family Wealth LLC’s holdings in Coca-Cola Company (The) were worth $1,048,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also made changes to their positions in KO. Canada Pension Plan Investment Board lifted its holdings in shares of Coca-Cola Company (The) by 66.1% in the 1st quarter. Canada Pension Plan Investment Board now owns 8,514,228 shares of the company’s stock worth $361,344,000 after buying an additional 3,387,300 shares during the period. State Street Corp lifted its holdings in shares of Coca-Cola Company (The) by 1.2% in the 1st quarter. State Street Corp now owns 173,789,519 shares of the company’s stock worth $7,375,663,000 after buying an additional 2,009,675 shares during the period. First Trust Advisors LP lifted its holdings in shares of Coca-Cola Company (The) by 151.8% in the 2nd quarter. First Trust Advisors LP now owns 2,306,887 shares of the company’s stock worth $103,464,000 after buying an additional 1,390,617 shares during the period. Clearbridge Investments LLC lifted its holdings in shares of Coca-Cola Company (The) by 8.1% in the 1st quarter. Clearbridge Investments LLC now owns 16,111,936 shares of the company’s stock worth $683,791,000 after buying an additional 1,208,498 shares during the period. Finally, State of Wisconsin Investment Board lifted its holdings in shares of Coca-Cola Company (The) by 30.5% in the 2nd quarter. State of Wisconsin Investment Board now owns 4,466,832 shares of the company’s stock worth $200,337,000 after buying an additional 1,044,330 shares during the period. 64.92% of the stock is currently owned by institutional investors.

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Several equities research analysts have weighed in on KO shares. Barclays PLC set a $45.00 target price on Coca-Cola Company (The) and gave the stock a “neutral” rating in a report on Wednesday, July 19th. Jefferies Group LLC set a $47.00 target price on Coca-Cola Company (The) and gave the stock a “neutral” rating in a report on Friday, October 13th. Royal Bank Of Canada reiterated a “buy” rating and issued a $49.00 target price on shares of Coca-Cola Company (The) in a report on Wednesday, September 6th. Citigroup Inc. set a $53.00 target price on Coca-Cola Company (The) and gave the stock a “buy” rating in a report on Thursday, August 3rd. Finally, UBS AG upped their target price on Coca-Cola Company (The) from $49.00 to $51.00 and gave the stock a “buy” rating in a report on Thursday, July 27th. Two investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating and nine have issued a buy rating to the stock. Coca-Cola Company (The) presently has a consensus rating of “Hold” and a consensus price target of $47.50.

Coca-Cola Company (NYSE:KO) opened at $46.81 on Thursday. The company has a quick ratio of 1.30, a current ratio of 1.39 and a debt-to-equity ratio of 1.47. The firm has a market capitalization of $202,083.44, a PE ratio of 25.09, a PEG ratio of 4.01 and a beta of 0.70. Coca-Cola Company has a 1-year low of $39.88 and a 1-year high of $47.48.

Coca-Cola Company (The) (NYSE:KO) last announced its quarterly earnings data on Wednesday, October 25th. The company reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $0.01. The business had revenue of $9.08 billion for the quarter, compared to analyst estimates of $8.73 billion. Coca-Cola Company (The) had a return on equity of 36.21% and a net margin of 12.20%. The company’s revenue was down 14.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.49 earnings per share. sell-side analysts anticipate that Coca-Cola Company will post 1.9 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 3.16%. The ex-dividend date of this dividend is Thursday, November 30th. Coca-Cola Company (The)’s dividend payout ratio is presently 140.95%.

In other news, insider J Alexander Douglas, Jr. sold 338,009 shares of the stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of $46.09, for a total value of $15,578,834.81. Following the transaction, the insider now directly owns 320,013 shares of the company’s stock, valued at $14,749,399.17. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.51% of the stock is currently owned by corporate insiders.

Coca-Cola Company (The) Profile

The Coca-Cola Company is a beverage company. 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.

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Institutional Ownership by Quarter for Coca-Cola Company (The) (NYSE:KO)

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