Amalgamated Bank Significantly Increases Its Position in Coca-Cola Company (The) (KO)

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About 1.50M shares traded. NS Partners Ltd's holdings in Coca-Cola Company (The) were worth $8,706,000 as of its most recent SEC filing.

A number of other analysts have also recently weighed in on KO. Signature Estate & Investment Advisors LLC raised its stake in shares of Coca-Cola Company (The) by 5.0% in the first quarter. North American Management Corp now owns 6,435 shares of the company's stock valued at $289,000 after buying an additional 600 shares during the last quarter. As of the end of the quarter Martingale Asset Management L P had acquired 1,200 shares growing its stake by 7.6%. Meeder Asset Management has an ownership of 2,754 stocks of the firms shares valued $124,000 after scooping up an extra 1,026 shares through out the quarter. Korea Investment CORP raised its position in Coca-Cola European Partners PLC by 12.6% in the first quarter. Finally, Perkins Coie Trust Co boosted its position in shares of Coca-Cola Company (The) by 21.9% in the second quarter.

Earnings per share (EPS) is the portion of a company's profit allocated to each outstanding share of common stock. Institutional investors own 63.68% of the company's stock. Closing price generally refers to the last price at which a stock trades during a regular trading session. Coca-Cola Company has a 1 year low of $39.88 has a 1 year high of $46.43. the company has 50 day SMA of $45.14 along with a 200 - day SMA of $43.57. The stock stands almost -55.9% off versus the 52-week high and 230.77% away from the 52-week low. The company has a market cap of $194.07 billion, a price-to-earnings ratio of 48.05 and a beta of 0.69. UBS maintained The Coca-Cola Co (NYSE:KO) on Thursday, April 21 with "Buy" rating. The hedge fund run by David Simon held 253,730 shares of the beverages (production and distribution) company at the end of 2016Q4, valued at $10.52M, up from 159,620 at the end of the previous reported quarter. The company had revenue of $1.17 billion for the quarter. Analysts predict that Coca-Cola European Partners PLC will post $2.46 earnings per share for the current year. The company had revenue of $9.70 billion for the quarter, compared to the consensus estimate of $9.62 billion. In the last earnings report the EPS was $4.91 and is projected to be $9.75 for the current year with 9,334,000 shares now outstanding.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 2nd. The dividend yield will be $3.25. Coca-Cola Company (The)'s payout ratio is now 154.17%. Concannon Wealth Management Ltd Llc invested 0.06% in The Coca-Cola Co (NYSE:KO). If you are accessing this article on another domain, it was stolen and reposted in violation of global copyright & trademark law. The correct version of this article can be accessed at https://www.chaffeybreeze.com/2017/08/12/coca-cola-company-the-ko-shares-sold-by-hoertkorn-richard-charles-updated-updated-updated.html.

A number of equities analysts have commented on the company. Citigroup fixed a $53.00 price objective on the stock of Coca-Cola Company (The) and issued the shares a "buy" recommendation in a analysis note on early Thur, Aug 3rd. Jefferies maintained the shares of KO in report on Monday, July 24 with "Hold" rating. Equity analyst BMO Capital downgraded the stock and lowered the price target on June 7 changing the price target from $48.00 to $46.00 and altering the rating from "Outperform" to "Market Perform". Wells Fargo & Company reissued a "market perform" rating and issued a $43.00 target price on shares of Coca-Cola Company (The) in a report on Friday, April 28th. Finally, Zacks Investment Research cut Coca-Cola Company (The) from a buy rating to a hold rating in a research report on Tuesday. Two investment analysts have rated the stock with a sell recommendation, fifteen have assigned a hold recommendation and seven have assigned a buy recommendation to the company. The company has a consensus rating of "Hold" and an average target price of $45.70. Insiders sold 693,822 shares of company stock worth $31,311,106 in the last three months. The shares were sold at an average price of $45.00, for a total value of $15,936,570.00. Capital City Trust Company sold 11,950 shares as Coca Cola Co (KO)'s stock rose 6.48%. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Jennifer K. Mann sold 8,819 shares of Coca-Cola Company (The) stock in a transaction on Monday, August 7th. The stock was sold at an average price of $46.01, for a total value of $354,277.00. Following the completion of the transaction, the senior vice president now owns 98,718 shares of the company's stock, valued at $4,541,028. The disclosure for this sale can be found here. Insiders have sold 614,841 shares of company stock worth $27,900,186 over the last quarter.

Wendell David Associates holdings in Coca-Cola Company (The) were valued $14,052,000 during the latest period.

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