MEMBERS Trust Co raised its holdings in shares of Coca-Cola Company (The) (NYSE:KO) by 5.9% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,061 shares of the company’s stock after purchasing an additional 782 shares during the quarter. MEMBERS Trust Co’s holdings in Coca-Cola Company (The) were worth $631,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Signature Estate & Investment Advisors LLC grew its position in shares of Coca-Cola Company (The) by 5.0% in the 1st quarter. Signature Estate & Investment Advisors LLC now owns 2,725 shares of the company’s stock worth $116,000 after acquiring an additional 129 shares in the last quarter. Meeder Asset Management Inc. grew its position in shares of Coca-Cola Company (The) by 59.4% in the 2nd quarter. Meeder Asset Management Inc. now owns 2,754 shares of the company’s stock worth $124,000 after acquiring an additional 1,026 shares in the last quarter. Eagle Ridge Investment Management acquired a new position in shares of Coca-Cola Company (The) in the 2nd quarter worth approximately $138,000. SRS Capital Advisors Inc. grew its position in shares of Coca-Cola Company (The) by 8.6% in the 1st quarter. SRS Capital Advisors Inc. now owns 3,326 shares of the company’s stock worth $141,000 after acquiring an additional 264 shares in the last quarter. Finally, Perkins Coie Trust Co grew its position in shares of Coca-Cola Company (The) by 21.9% in the 2nd quarter. Perkins Coie Trust Co now owns 3,180 shares of the company’s stock worth $143,000 after acquiring an additional 572 shares in the last quarter. Hedge funds and other institutional investors own 65.09% of the company’s stock.

Several research analysts have recently commented on the company. Credit Suisse Group reiterated a “buy” rating and issued a $49.00 target price on shares of Coca-Cola Company (The) in a research report on Monday, July 24th. Macquarie assumed coverage on Coca-Cola Company (The) in a research report on Friday, September 15th. They issued a “neutral” rating and a $47.00 target price for the company. Susquehanna Bancshares Inc set a $45.00 target price on Coca-Cola Company (The) and gave the stock a “hold” rating in a research report on Tuesday. Goldman Sachs Group, Inc. (The) set a $45.00 target price on Coca-Cola Company (The) and gave the stock a “sell” rating in a research report on Tuesday. Finally, Zacks Investment Research lowered Coca-Cola Company (The) from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. Two equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating and nine have issued a buy rating to the company. Coca-Cola Company (The) has an average rating of “Hold” and a consensus target price of $47.71.

In other news, insider J Alexander Douglas, Jr. sold 338,009 shares of the business’s stock in a transaction on 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 sale, the insider now owns 320,013 shares of the company’s stock, valued at approximately $14,749,399.17. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.51% of the stock is currently owned by insiders.

Shares of Coca-Cola Company (NYSE KO) opened at $45.46 on Tuesday. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.30 and a current ratio of 1.39. The firm has a market capitalization of $194,755.08, a price-to-earnings ratio of 24.18, a price-to-earnings-growth ratio of 3.87 and a beta of 0.70. Coca-Cola Company has a 12 month low of $39.88 and a 12 month high of $47.48.

Coca-Cola Company (The) (NYSE:KO) last posted its quarterly earnings data on Wednesday, October 25th. The company reported $0.50 EPS for the quarter, topping the Zacks’ consensus estimate of $0.49 by $0.01. Coca-Cola Company (The) had a return on equity of 36.21% and a net margin of 12.20%. The company had revenue of $9.08 billion for the quarter, compared to the consensus estimate of $8.73 billion. During the same quarter in the previous year, the business earned $0.49 EPS. The company’s quarterly revenue was down 14.6% compared to the same quarter last year. equities research analysts expect that Coca-Cola Company will post 1.9 earnings per share 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 paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 3.26%. The ex-dividend date is Thursday, November 30th. Coca-Cola Company (The)’s dividend payout ratio is presently 140.95%.

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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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