KDI Capital Partners LLC reduced its stake in shares of Coca-Cola Company (The) (NYSE:KO) by 63.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,700 shares of the company’s stock after selling 22,100 shares during the quarter. KDI Capital Partners LLC’s holdings in Coca-Cola Company (The) were worth $570,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Investment Counselors of Maryland LLC grew its position in shares of Coca-Cola Company (The) by 6.9% in the 1st quarter. Investment Counselors of Maryland LLC now owns 36,708 shares of the company’s stock valued at $1,558,000 after purchasing an additional 2,375 shares during the period. Security National Trust Co. grew its position in shares of Coca-Cola Company (The) by 5.7% in the 1st quarter. Security National Trust Co. now owns 53,164 shares of the company’s stock valued at $2,256,000 after purchasing an additional 2,851 shares during the period. YCG LLC grew its position in shares of Coca-Cola Company (The) by 0.9% in the 1st quarter. YCG LLC now owns 187,778 shares of the company’s stock valued at $7,969,000 after purchasing an additional 1,650 shares during the period. Access Financial Services Inc. grew its position in shares of Coca-Cola Company (The) by 29.2% in the 1st quarter. Access Financial Services Inc. now owns 32,295 shares of the company’s stock valued at $1,371,000 after purchasing an additional 7,295 shares during the period. Finally, Conning Inc. grew its position in shares of Coca-Cola Company (The) by 11.3% in the 1st quarter. Conning Inc. now owns 863,398 shares of the company’s stock valued at $36,643,000 after purchasing an additional 87,499 shares during the period. Institutional investors own 64.92% of the company’s stock.

In other Coca-Cola Company (The) news, insider Brian John Smith sold 100,000 shares of the stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of $46.10, for a total transaction of $4,610,000.00. Following the transaction, the insider now owns 136,385 shares in the company, valued at approximately $6,287,348.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider J Alexander Douglas, Jr. sold 338,009 shares of the 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 transaction, the insider now owns 320,013 shares in the company, valued at approximately $14,749,399.17. The disclosure for this sale can be found here. 1.51% of the stock is owned by company insiders.

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Shares of Coca-Cola Company (KO) opened at $46.54 on Monday. Coca-Cola Company has a 12 month low of $39.88 and a 12 month high of $46.98. The company has a quick ratio of 1.30, a current ratio of 1.39 and a debt-to-equity ratio of 1.47. The firm has a market capitalization of $198,291.45, a price-to-earnings ratio of 24.62, a P/E/G ratio of 3.94 and a beta of 0.70.

Coca-Cola Company (The) (NYSE:KO) last posted its quarterly earnings results on Wednesday, October 25th. The company reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $8.73 billion. During the same quarter in the prior year, the business earned $0.49 EPS. The firm’s revenue for the quarter was down 14.6% on a year-over-year basis. equities analysts expect that Coca-Cola Company will post 1.9 earnings per share for the current year.

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

A number of research firms have weighed in on KO. Vetr raised Coca-Cola Company (The) from a “sell” rating to a “strong-buy” rating in a research report on Tuesday, September 12th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $49.00 price target on shares of Coca-Cola Company (The) in a research report on Wednesday, September 6th. Zacks Investment Research raised Coca-Cola Company (The) from a “hold” rating to a “buy” rating and set a $52.00 price target for the company in a research report on Friday, October 27th. Jefferies Group LLC reaffirmed a “hold” rating and set a $47.00 price target on shares of Coca-Cola Company (The) in a research report on Thursday, September 7th. 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 report on Monday, July 17th. Two research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and eight have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $47.16.

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.

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

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