Gould Asset Management LLC CA increased its holdings in Coca-Cola Company (The) (NYSE:KO) by 5.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,153 shares of the company’s stock after purchasing an additional 600 shares during the period. Gould Asset Management LLC CA’s holdings in Coca-Cola Company (The) were worth $545,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. North American Management Corp lifted its holdings in Coca-Cola Company (The) by 10.3% in the 2nd quarter. North American Management Corp now owns 6,435 shares of the company’s stock worth $289,000 after purchasing an additional 600 shares in the last quarter. Summit Financial Group Inc. purchased a new position in Coca-Cola Company (The) in the 2nd quarter worth approximately $2,779,000. Global X Management Co. LLC lifted its holdings in Coca-Cola Company (The) by 6.0% in the 2nd quarter. Global X Management Co. LLC now owns 222,216 shares of the company’s stock worth $9,966,000 after purchasing an additional 12,513 shares in the last quarter. Montecito Bank & Trust lifted its holdings in Coca-Cola Company (The) by 90.2% in the 1st quarter. Montecito Bank & Trust now owns 127,096 shares of the company’s stock worth $5,394,000 after purchasing an additional 60,258 shares in the last quarter. Finally, BB&T Corp lifted its holdings in Coca-Cola Company (The) by 9.5% in the 2nd quarter. BB&T Corp now owns 913,715 shares of the company’s stock worth $40,980,000 after purchasing an additional 78,932 shares in the last quarter. 64.79% of the stock is currently owned by institutional investors.

Several analysts have recently issued reports on the company. Vetr raised Coca-Cola Company (The) from a “sell” rating to a “strong-buy” rating in a report on Tuesday, September 12th. Susquehanna Bancshares Inc set a $42.00 price objective on Coca-Cola Company (The) and gave the stock a “hold” rating in a report on Wednesday, October 18th. Zacks Investment Research raised Coca-Cola Company (The) from a “hold” rating to a “buy” rating and set a $52.00 price objective on the stock in a report on Friday, October 27th. Jefferies Group LLC reaffirmed a “hold” rating and set a $47.00 price objective on shares of Coca-Cola Company (The) in a report on Wednesday, October 25th. Finally, J P Morgan Chase & Co set a $48.00 price objective on Coca-Cola Company (The) and gave the stock a “neutral” rating in a report on Wednesday, October 25th. Two research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and eight have assigned a buy rating to the stock. Coca-Cola Company (The) presently has a consensus rating of “Hold” and a consensus price target of $47.16.

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Coca-Cola Company (NYSE:KO) opened at $46.54 on Friday. The company has a market capitalization of $196,970.64, a price-to-earnings ratio of 24.46, a price-to-earnings-growth ratio of 3.91 and a beta of 0.70. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.39 and a quick ratio of 1.30. Coca-Cola Company has a 12-month low of $39.88 and a 12-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 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 business had revenue of $9.08 billion during the quarter, compared to analysts’ expectations of $8.73 billion. During the same period in the prior year, the business earned $0.49 EPS. The business’s revenue for the quarter 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 announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be issued a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 3.18%. The ex-dividend date is Thursday, November 30th. Coca-Cola Company (The)’s dividend payout ratio is 140.95%.

In other Coca-Cola Company (The) news, insider Brian John Smith sold 100,000 shares of the company’s stock in a transaction on 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 approximately $6,287,348.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider J Alexander Douglas, Jr. sold 338,009 shares of the company’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 completion of the sale, the insider now owns 320,013 shares of the company’s stock, valued at $14,749,399.17. The disclosure for this sale can be found here. 1.51% of the stock is currently owned by corporate insiders.

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.

Institutional Ownership by Quarter for Coca-Cola Company (The) (NYSE:KO)

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