Bryn Mawr Trust Advisors LLC Takes Position in Coca Cola Femsa S.A.B. de C.V. $KOF

Bryn Mawr Trust Advisors LLC purchased a new stake in shares of Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 153,950 shares of the company’s stock, valued at approximately $12,512,000.

A number of other institutional investors also recently bought and sold shares of KOF. NewEdge Advisors LLC lifted its position in Coca Cola Femsa by 230,700.0% in the first quarter. NewEdge Advisors LLC now owns 2,308 shares of the company’s stock worth $211,000 after buying an additional 2,307 shares during the last quarter. Jones Financial Companies Lllp increased its position in Coca Cola Femsa by 211.4% during the first quarter. Jones Financial Companies Lllp now owns 4,936 shares of the company’s stock valued at $451,000 after acquiring an additional 3,351 shares during the last quarter. CW Advisors LLC purchased a new stake in shares of Coca Cola Femsa in the second quarter valued at $260,000. EverSource Wealth Advisors LLC raised its stake in shares of Coca Cola Femsa by 186.6% in the second quarter. EverSource Wealth Advisors LLC now owns 923 shares of the company’s stock valued at $89,000 after acquiring an additional 601 shares during the period. Finally, Qube Research & Technologies Ltd lifted its holdings in shares of Coca Cola Femsa by 11.9% in the 2nd quarter. Qube Research & Technologies Ltd now owns 121,761 shares of the company’s stock worth $11,778,000 after acquiring an additional 12,979 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Wall Street Zen raised shares of Coca Cola Femsa from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 8th. HSBC reissued a “hold” rating and issued a $116.00 price objective on shares of Coca Cola Femsa in a research report on Tuesday, July 28th. UBS Group boosted their target price on Coca Cola Femsa from $110.00 to $113.00 and gave the company a “neutral” rating in a research report on Monday, August 3rd. JPMorgan Chase & Co. upped their target price on Coca Cola Femsa from $114.00 to $127.00 and gave the company a “neutral” rating in a research note on Wednesday, July 15th. Finally, Barclays increased their price target on Coca Cola Femsa from $115.00 to $122.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 29th. Four equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $118.83.

Coca Cola Femsa Trading Down 0.1%

KOF stock opened at $108.69 on Friday. Coca Cola Femsa S.A.B. de C.V. has a 12 month low of $80.22 and a 12 month high of $116.36. The firm’s 50-day moving average is $106.50 and its 200 day moving average is $105.29. The company has a market capitalization of $182.67 billion, a PE ratio of 17.14, a P/E/G ratio of 1.33 and a beta of 0.52. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.04 and a quick ratio of 0.87.

Coca Cola Femsa (NYSE:KOF) last released its quarterly earnings data on Wednesday, July 1st. The company reported $1.69 earnings per share (EPS) for the quarter. The company had revenue of $4.36 billion during the quarter. Coca Cola Femsa had a net margin of 8.05% and a return on equity of 15.83%. On average, research analysts anticipate that Coca Cola Femsa S.A.B. de C.V. will post 6.75 EPS for the current year.

Coca Cola Femsa Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 13th were issued a $1.1248 dividend. The ex-dividend date was Monday, July 13th. This is a positive change from Coca Cola Femsa’s previous quarterly dividend of $1.09. This represents a $4.50 dividend on an annualized basis and a dividend yield of 4.1%. Coca Cola Femsa’s dividend payout ratio (DPR) is presently 62.15%.

Coca Cola Femsa Company Profile

Coca‑Cola FEMSA (NYSE: KOF) is a large multinational beverage bottler and distributor operating primarily in Mexico and across multiple markets in Latin America. As a principal franchise bottler for The Coca‑Cola Company, the firm is responsible for producing, packaging, marketing and distributing Coca‑Cola branded beverages and a wide range of nonalcoholic drinks to retail and foodservice customers throughout its territories.

The company’s product portfolio includes carbonated soft drinks, bottled water, juices, ready‑to‑drink teas and coffees, sports and energy drinks, and other noncarbonated beverages.