Catamount Wealth Management trimmed its holdings in shares of Coca-Cola Company (The) (NYSE:KO) by 3.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,500 shares of the company’s stock after selling 114 shares during the period. Catamount Wealth Management’s holdings in Coca-Cola Company (The) were worth $157,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of KO. Signature Estate & Investment Advisors LLC boosted its stake in Coca-Cola Company (The) by 5.0% during the 1st quarter. Signature Estate & Investment Advisors LLC now owns 2,725 shares of the company’s stock valued at $116,000 after purchasing an additional 129 shares during the last quarter. Meeder Asset Management Inc. boosted its stake in Coca-Cola Company (The) by 59.4% during the 2nd quarter. Meeder Asset Management Inc. now owns 2,754 shares of the company’s stock valued at $124,000 after purchasing an additional 1,026 shares during the last quarter. Eagle Ridge Investment Management purchased a new stake in Coca-Cola Company (The) during the 2nd quarter valued at $138,000. SRS Capital Advisors Inc. boosted its stake in Coca-Cola Company (The) by 8.6% during the 1st quarter. SRS Capital Advisors Inc. now owns 3,326 shares of the company’s stock valued at $141,000 after purchasing an additional 264 shares during the last quarter. Finally, Perkins Coie Trust Co boosted its stake in Coca-Cola Company (The) by 21.9% during the 2nd quarter. Perkins Coie Trust Co now owns 3,180 shares of the company’s stock valued at $143,000 after purchasing an additional 572 shares during the last quarter. Institutional investors and hedge funds own 64.92% of the company’s stock.

A number of research firms have recently issued reports on KO. Royal Bank Of Canada restated a “buy” rating and issued a $49.00 price target on shares of Coca-Cola Company (The) in a research note on Wednesday, August 2nd. UBS AG raised their price target on Coca-Cola Company (The) from $49.00 to $51.00 and gave the stock a “buy” rating in a research note on Thursday, July 27th. Zacks Investment Research upgraded Coca-Cola Company (The) from a “hold” rating to a “buy” rating and set a $51.00 price target on the stock in a research note on Friday, July 28th. Credit Suisse Group restated a “buy” rating and issued a $49.00 price target on shares of Coca-Cola Company (The) in a research note on Monday, July 24th. Finally, Sanford C. Bernstein set a $49.00 price target on Coca-Cola Company (The) and gave the stock a “buy” rating in a research note on Monday, July 17th. Two research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and eight have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $47.16.

In other news, insider J Alexander Douglas, Jr. sold 338,009 shares of Coca-Cola Company (The) stock in a transaction dated 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 directly owns 320,013 shares of the company’s stock, valued at $14,749,399.17. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Brian John Smith sold 100,000 shares of Coca-Cola Company (The) stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $46.10, for a total value of $4,610,000.00. Following the completion of the sale, the insider now directly owns 136,385 shares in the company, valued at $6,287,348.50. The disclosure for this sale can be found here. Insiders own 1.51% of the company’s stock.

Shares of Coca-Cola Company (KO) opened at $46.54 on Monday. The company has a current ratio of 1.39, a quick ratio of 1.30 and a debt-to-equity ratio of 1.47. The company has a market capitalization of $198,291.45, a PE ratio of 24.62, a price-to-earnings-growth ratio of 3.94 and a beta of 0.70. Coca-Cola Company has a twelve month low of $39.88 and a twelve month high of $46.98.

Coca-Cola Company (The) (NYSE:KO) last issued its earnings results on Wednesday, October 25th. The company reported $0.50 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ 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 firm had revenue of $9.08 billion for the quarter, compared to analysts’ expectations of $8.73 billion. During the same period in the previous year, the firm posted $0.49 earnings per share. The business’s revenue was down 14.6% compared to the same quarter last year. equities research analysts predict that Coca-Cola Company will post 1.9 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be issued a $0.37 dividend. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $1.48 annualized dividend and a dividend yield of 3.18%. Coca-Cola Company (The)’s dividend payout ratio (DPR) is 140.95%.

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About Coca-Cola Company (The)

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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