Coca-Cola Company (The) (NYSE:KO) VP Kathy N. Waller sold 8,952 shares of Coca-Cola Company (The) stock in a transaction that occurred on Thursday, August 10th. The shares were sold at an average price of $45.77, for a total transaction of $409,733.04. Following the completion of the sale, the vice president now owns 109,508 shares in the company, valued at $5,012,181.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Coca-Cola Company (KO) traded up 0.46% during trading on Monday, reaching $45.80. 8,421,179 shares of the company’s stock were exchanged. The firm’s 50-day moving average price is $45.16 and its 200-day moving average price is $43.62. The firm has a market cap of $195.35 billion, a price-to-earnings ratio of 48.36 and a beta of 0.69. Coca-Cola Company has a 12 month low of $39.88 and a 12 month high of $46.42.

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

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 paid a dividend of $0.37 per share. The ex-dividend date is Thursday, September 14th. This represents a $1.48 annualized dividend and a dividend yield of 3.23%. Coca-Cola Company (The)’s payout ratio is 154.17%.

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A number of analysts have recently issued reports on KO shares. 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 objective on the stock 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 objective on the stock in a report on Friday, April 21st. UBS AG set a $48.00 price objective 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 objective on shares of Coca-Cola Company (The) in a report on Wednesday, April 26th. Two analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and seven have given a buy rating to the company’s stock. Coca-Cola Company (The) has an average rating of “Hold” and a consensus target price of $45.70.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Independent Advisor Alliance purchased a new position in Coca-Cola Company (The) during the fourth quarter valued at $881,000. Archford Capital Strategies LLC increased its position in Coca-Cola Company (The) by 3.3% in the fourth quarter. Archford Capital Strategies LLC now owns 43,833 shares of the company’s stock valued at $1,816,000 after buying an additional 1,386 shares during the last quarter. LeJeune Puetz Investment Counsel LLC purchased a new position in Coca-Cola Company (The) during the fourth quarter valued at $1,552,000. Heritage Way Advisors LLC purchased a new position in Coca-Cola Company (The) during the fourth quarter valued at $2,346,000. Finally, IFM Investors Pty Ltd purchased a new position in Coca-Cola Company (The) during the fourth quarter valued at $2,170,000. Institutional investors own 63.80% of the company’s stock.

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.

Insider Buying and Selling by Quarter for Coca-Cola Company (The) (NYSE:KO)

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