Traders bought shares of Coca-Cola Co. (NYSE:KO) on weakness during trading on Monday. $60.41 million flowed into the stock on the tick-up and $34.78 million flowed out of the stock on the tick-down, for a money net flow of $25.63 million into the stock. Of all stocks tracked, Coca-Cola had the 14th highest net in-flow for the day. Coca-Cola traded down ($0.04) for the day and closed at $42.10

A number of research firms have recently issued reports on KO. Credit Suisse Group AG began coverage on shares of Coca-Cola in a research report on Thursday, September 15th. They set a “neutral” rating and a $44.00 price target for the company. Vetr downgraded shares of Coca-Cola from a “strong-buy” rating to a “buy” rating and set a $46.93 price target for the company. in a research report on Thursday, September 15th. Societe Generale set a $44.00 price target on shares of Coca-Cola and gave the company a “neutral” rating in a research report on Monday, August 8th. Susquehanna reiterated a “hold” rating and set a $39.00 price target on shares of Coca-Cola in a research report on Sunday, June 5th. Finally, Jefferies Group reiterated a “hold” rating on shares of Coca-Cola in a research report on Thursday, August 25th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and twelve have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $46.75.

The firm’s 50-day moving average is $43.41 and its 200-day moving average is $44.76. The firm has a market cap of $181.70 billion, a price-to-earnings ratio of 24.22 and a beta of 0.57.

Coca-Cola (NYSE:KO) last released its earnings results on Wednesday, July 27th. The company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.58 by $0.02. Coca-Cola had a net margin of 17.61% and a return on equity of 32.78%. The business earned $11.50 billion during the quarter, compared to analyst estimates of $11.69 billion. During the same period in the prior year, the business earned $0.63 earnings per share. The business’s quarterly revenue was down 5.1% on a year-over-year basis. Equities research analysts forecast that Coca-Cola Co. will post $1.91 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 3rd. Investors of record on Thursday, September 15th will be paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 3.33%. The ex-dividend date is Tuesday, September 13th. Coca-Cola’s dividend payout ratio is presently 80.46%.

A number of hedge funds have recently added to or reduced their stakes in KO. LVM Capital Management Ltd. MI increased its stake in shares of Coca-Cola by 23.0% in the first quarter. LVM Capital Management Ltd. MI now owns 26,715 shares of the company’s stock valued at $1,239,000 after buying an additional 5,000 shares during the period. First American Trust FSB increased its stake in shares of Coca-Cola by 4.3% in the first quarter. First American Trust FSB now owns 29,125 shares of the company’s stock valued at $1,351,000 after buying an additional 1,200 shares during the period. Chevy Chase Trust Holdings Inc. increased its stake in shares of Coca-Cola by 1.9% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 3,579,971 shares of the company’s stock valued at $166,074,000 after buying an additional 67,239 shares during the period. Community Trust & Investment Co. increased its stake in shares of Coca-Cola by 0.6% in the first quarter. Community Trust & Investment Co. now owns 65,085 shares of the company’s stock valued at $3,020,000 after buying an additional 400 shares during the period. Finally, Kistler Tiffany Companies LLC increased its stake in shares of Coca-Cola by 18.7% in the first quarter. Kistler Tiffany Companies LLC now owns 27,368 shares of the company’s stock valued at $1,270,000 after buying an additional 4,320 shares during the period. 64.42% of the stock is owned by institutional investors and hedge funds.

Coca-Cola Company Profile

The Coca-Cola Company is a beverage company. 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.

5 Day Chart for NYSE:KO

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