Susquehanna Bancshares Inc set a $39.00 price objective on Coca-Cola Company (The) (NYSE:KO) in a research report report published on Wednesday morning. The brokerage currently has a hold rating on the stock.

Other equities analysts also recently issued research reports about the stock. TheStreet upgraded shares of Coca-Cola Company (The) from a c+ rating to a b rating in a report on Thursday, April 27th. Vetr upgraded shares of Coca-Cola Company (The) from a hold rating to a buy rating and set a $44.81 price target for the company in a report on Monday, April 24th. Zacks Investment Research upgraded shares of Coca-Cola Company (The) from a sell rating to a buy rating and set a $48.00 price target for the company in a report on Friday, April 21st. UBS AG set a $48.00 price target on shares of Coca-Cola Company (The) and gave the company a buy rating in a report on Tuesday, April 18th. Finally, BMO Capital Markets reiterated a buy rating and issued a $46.00 price target on shares of Coca-Cola Company (The) in a report on Wednesday, April 26th. Three analysts have rated the stock with a sell rating, fourteen have issued a hold rating and nine have assigned a buy rating to the stock. Coca-Cola Company (The) presently has an average rating of Hold and an average target price of $45.48.

Shares of Coca-Cola Company (KO) opened at 46.01 on Wednesday. Coca-Cola Company has a 1-year low of $39.88 and a 1-year high of $46.43. The stock’s 50 day moving average is $45.04 and its 200-day moving average is $43.27. The stock has a market cap of $196.37 billion, a PE ratio of 48.59 and a beta of 0.69.

Coca-Cola Company (The) (NYSE:KO) last announced its quarterly earnings results on Wednesday, July 26th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.57 by $0.02. The business had revenue of $9.70 billion during the quarter, compared to the consensus estimate of $9.62 billion. Coca-Cola Company (The) had a net margin of 10.68% and a return on equity of 34.53%. The business’s revenue was down 15.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.60 EPS. On average, analysts predict that Coca-Cola Company will post $1.90 EPS for the current fiscal year.

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The company also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Stockholders of record on Friday, September 15th will be issued a dividend of $0.37 per share. The ex-dividend date is Thursday, September 14th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 3.22%. Coca-Cola Company (The)’s dividend payout ratio (DPR) is presently 154.17%.

In related news, insider Beatriz R. Perez sold 29,282 shares of the firm’s stock in a transaction that occurred on Wednesday, June 14th. The shares were sold at an average price of $45.20, for a total value of $1,323,546.40. Following the sale, the insider now directly owns 118,000 shares of the company’s stock, valued at $5,333,600. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Beatriz R. Perez sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, July 27th. The stock was sold at an average price of $46.00, for a total transaction of $460,000.00. Following the completion of the sale, the senior vice president now directly owns 98,718 shares in the company, valued at $4,541,028. The disclosure for this sale can be found here. Insiders sold 527,384 shares of company stock worth $23,596,188 over the last three months. Corporate insiders own 1.51% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the company. Portfolio Solutions LLC bought a new stake in Coca-Cola Company (The) during the first quarter valued at about $108,000. Signature Estate & Investment Advisors LLC boosted its stake in Coca-Cola Company (The) by 5.0% in the first quarter. Signature Estate & Investment Advisors LLC now owns 2,725 shares of the company’s stock valued at $116,000 after buying an additional 129 shares in the last quarter. Meeder Asset Management Inc. boosted its stake in Coca-Cola Company (The) by 59.4% in the second quarter. Meeder Asset Management Inc. now owns 2,754 shares of the company’s stock valued at $124,000 after buying an additional 1,026 shares in the last quarter. SRS Capital Advisors Inc. bought a new stake in Coca-Cola Company (The) during the fourth quarter valued at about $127,000. Finally, Perkins Coie Trust Co boosted its stake in Coca-Cola Company (The) by 21.9% in the second quarter. Perkins Coie Trust Co now owns 3,180 shares of the company’s stock valued at $143,000 after buying an additional 572 shares in the last quarter. 63.74% of the stock is currently owned by institutional investors and hedge funds.

Coca-Cola Company (The) Company 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.

Analyst Recommendations for Coca-Cola Company (The) (NYSE:KO)

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