Winslow Evans & Crocker Inc. lowered its stake in shares of The Coca-Cola Co (NYSE:KO) by 27.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,288 shares of the company’s stock after selling 9,338 shares during the quarter. Winslow Evans & Crocker Inc.’s holdings in The Coca-Cola were worth $1,138,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently made changes to their positions in KO. Signature Estate & Investment Advisors LLC boosted its stake in The Coca-Cola by 5.0% during the first quarter. Signature Estate & Investment Advisors LLC now owns 2,725 shares of the company’s stock worth $116,000 after acquiring an additional 129 shares in the last quarter. Meeder Asset Management Inc. boosted its stake in The Coca-Cola by 59.4% during the second quarter. Meeder Asset Management Inc. now owns 2,754 shares of the company’s stock worth $124,000 after acquiring an additional 1,026 shares in the last quarter. Almanack Investment Partners LLC. bought a new stake in The Coca-Cola during the second quarter worth about $142,000. Perkins Coie Trust Co boosted its stake in The Coca-Cola by 21.9% during the second quarter. Perkins Coie Trust Co now owns 3,180 shares of the company’s stock worth $143,000 after acquiring an additional 572 shares in the last quarter. Finally, SRS Capital Advisors Inc. boosted its stake in The Coca-Cola by 8.6% during the first quarter. SRS Capital Advisors Inc. now owns 3,326 shares of the company’s stock worth $141,000 after acquiring an additional 264 shares in the last quarter. Institutional investors own 65.30% of the company’s stock.

In other news, insider J Alexander Douglas, Jr. sold 338,009 shares of the business’s stock in a transaction that occurred on Wednesday, November 8th. The shares were sold at an average price of $46.09, for a total transaction of $15,578,834.81. Following the completion of the transaction, the insider now directly owns 320,013 shares of the company’s stock, valued at $14,749,399.17. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.51% of the stock is owned by insiders.

Several research analysts have recently issued reports on the stock. Goldman Sachs Group set a $45.00 target price on shares of The Coca-Cola and gave the stock a “sell” rating in a research note on Wednesday, November 15th. Susquehanna Bancshares set a $45.00 target price on shares of The Coca-Cola and gave the stock a “hold” rating in a research note on Wednesday. Cowen reiterated a “hold” rating and issued a $42.00 target price on shares of The Coca-Cola in a research note on Thursday, August 24th. J P Morgan Chase & Co set a $49.00 target price on shares of The Coca-Cola and gave the stock a “neutral” rating in a research note on Thursday, November 16th. Finally, Vetr upgraded shares of The Coca-Cola from a “hold” rating to a “buy” rating and set a $47.68 target price on the stock in a research note on Monday, December 11th. Two investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and eleven have assigned a buy rating to the company’s stock. The Coca-Cola presently has a consensus rating of “Hold” and a consensus price target of $48.01.

The Coca-Cola Co (NYSE:KO) opened at $46.08 on Thursday. 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 Coca-Cola Co has a twelve month low of $40.22 and a twelve month high of $47.48. The firm has a market cap of $196,544.58, a P/E ratio of 24.41, a PEG ratio of 3.95 and a beta of 0.70.

The Coca-Cola (NYSE:KO) last released its quarterly earnings data on Wednesday, October 25th. The company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.01. The Coca-Cola had a net margin of 12.20% and a return on equity of 36.21%. The firm had revenue of $9.08 billion during the quarter, compared to analysts’ expectations of $8.73 billion. During the same period in the previous year, the company earned $0.49 earnings per share. The firm’s quarterly revenue was down 14.6% on a year-over-year basis. analysts anticipate that The Coca-Cola Co will post 1.91 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Friday, December 1st were issued a dividend of $0.37 per share. The ex-dividend date was Thursday, November 30th. This represents a $1.48 annualized dividend and a dividend yield of 3.21%. The Coca-Cola’s payout ratio is 140.95%.

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The Coca-Cola 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 The Coca-Cola (NYSE:KO)

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