In the most updated research from a number of analysts on Wall Street, the company gets 9 Buys and 1 Sell among 25 analysts. Signature Estate & Investment Advisors LLC increased its holdings in Coca-Cola Company (The) by 5.0% in the 1st quarter. Blue Bell Private Wealth Management LLC raised its stake in Coca-Cola Company (The) by 6.7% in the third quarter. The Df Dent & Co Inc holds 37,963 shares with $1.70 million value, up from 24,914 last quarter. Following the transaction, the vice president now directly owns 104,345 shares of the company's stock, valued at approximately $4,388,750.70. Xact Kapitalforvaltning AB boosted its stake in Coca-Cola Company (The) by 3.2% in the 3rd quarter.
Diversified Trust Co increased Advance Auto Parts Inc (NYSE:AAP) stake by 5,232 shares to 18,643 valued at $2.17M in 2017Q2. Harel Insurance Investments & Financial Services Ltd. raised its stake in Coca-Cola Company (The) by 562.1% in the second quarter. Institutional investors and hedge funds own 64.68% of the company's stock. Coca-Cola Enterprises Inc. had 57 analyst reports since August 3, 2015 according to SRatingsIntel.
The iconic beverage company said its new diet soda, Coca-Cola Zero Sugar, which got rolled out in the U.S.in August to replace Coke Zero, increased volume at a pace in the high single digits. TheStreet cut shares of Coca-Cola Company (The) from a "buy" rating to a "hold" rating in a research report on Wednesday, October 26th. Jefferies Group set a $43.00 price target on shares of Coca-Cola Company (The) and gave the stock a "neutral" rating in a research report on Tuesday, December 27th. Cowen and Company reiterated a "hold" rating and set a $42.00 price target on shares of Coca-Cola Company (The) in a report on Thursday, September 28th. BMO Capital Markets has "Market Perform" rating and $46 target. Two investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and nine have issued a buy rating to the company. The average true range is typically based on 14 periods and may be calculated daily, weekly, monthly, or intraday. The stock's average target of $37 is -11.25% below today's ($41.69) share price. Shares for $1.16M were sold by ROGERSON GARRY W on Tuesday, May 16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Brian John Smith sold 100,000 shares of Coca-Cola Company (The) stock in a transaction that occurred on Wednesday, August 16th. After a recent look, shares have been seen 4.74% from the 200-day moving average, and 0.60% from the 50-day moving average. Corporate insiders own 1.54% of the company's stock. The disclosure for this sale can be found here.
Shares of Coca-Cola Co. which are up 11 percent so far this year, slipped 28 cents to $45.90 before the stock market opened Wednesday.
Coca-Cola Company (NYSE:KO) opened at 46.18 on Wednesday. That puts the market capitalization at $15.39 bln. Fifth Third Retail Bank has 0.5% invested in The Coca-Cola Co (NYSE:KO) for 1.51 million shares.
Analysts await Coca-Cola European Partners plc Ordinary Shares (NYSE:CCE) to report earnings on November, 9.
Excluding items, the company earned a profit of 50 cents USA per share, beating the average analyst estimate of 49 cents United States, according to Thomson Reuters I/B/E/S. Coca-Cola Company (The) had a net margin of 10.68% and a return on equity of 34.53%. The company had revenue of $9.70 billion for the quarter, compared to the consensus estimate of $9.62 billion. It last reported revenues of $2.23 billion and EPS of $0.92 for the July 2017, representing 56% top-line growth and 0.4 EPS growth. Coca-Cola Company (The)'s quarterly revenue was down 15.9% compared to the same quarter previous year. On average, equities analysts forecast that Coca-Cola Company will post $1.90 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Thursday, December 15th. Baker Boyer Fincl Bank invested in 0.89% or 1,833 shares. Coca-Cola Company (The)'s dividend payout ratio (DPR) is 154.17%.
COPYRIGHT VIOLATION WARNING: This story was reported by StockNewsTimes and is the sole property of of StockNewsTimes. The Company owns or licenses and markets over 500 nonalcoholic beverage brands, primarily sparkling beverages but also a range of still beverages, such as waters, enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, and energy and sports drinks.