Traders sold shares of The Coca-Cola Co (NYSE:KO) on strength during trading on Wednesday. $77.57 million flowed into the stock on the tick-up and $196.89 million flowed out of the stock on the tick-down, for a money net flow of $119.32 million out of the stock. Of all companies tracked, The Coca-Cola had the 0th highest net out-flow for the day. The Coca-Cola traded up $0.17 for the day and closed at $46.22

A number of equities analysts have commented on KO shares. Zacks Investment Research raised The Coca-Cola from a “hold” rating to a “buy” rating and set a $53.00 price target on the stock in a research note on Tuesday, January 8th. Bank of America set a $55.00 price target on The Coca-Cola and gave the stock a “buy” rating in a research note on Friday, December 14th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $56.00 price target on shares of The Coca-Cola in a research note on Monday, November 19th. Morgan Stanley set a $48.00 price target on The Coca-Cola and gave the stock a “hold” rating in a research note on Friday, February 15th. Finally, ValuEngine cut The Coca-Cola from a “buy” rating to a “hold” rating in a research note on Friday, February 15th. One investment analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and seven have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $50.60.

The company has a quick ratio of 0.95, a current ratio of 1.05 and a debt-to-equity ratio of 1.33. The stock has a market cap of $194.95 billion, a price-to-earnings ratio of 22.01, a P/E/G ratio of 3.10 and a beta of 0.51.

The Coca-Cola (NYSE:KO) last released its quarterly earnings results on Thursday, February 14th. The company reported $0.43 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.43. The Coca-Cola had a return on equity of 43.91% and a net margin of 20.20%. The company had revenue of $7.10 billion for the quarter, compared to analyst estimates of $7.07 billion. During the same period in the previous year, the company posted $0.39 earnings per share. The firm’s revenue was down 5.5% on a year-over-year basis. On average, equities analysts forecast that The Coca-Cola Co will post 2.09 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, April 1st. Investors of record on Friday, March 15th will be given a dividend of $0.40 per share. The ex-dividend date is Thursday, March 14th. This is a positive change from The Coca-Cola’s previous quarterly dividend of $0.39. This represents a $1.60 annualized dividend and a dividend yield of 3.50%. The Coca-Cola’s payout ratio is currently 75.00%.

In other news, SVP Beatriz R. Perez sold 10,000 shares of the business’s stock in a transaction on Friday, February 1st. The stock was sold at an average price of $48.50, for a total value of $485,000.00. Following the completion of the transaction, the senior vice president now owns 92,645 shares in the company, valued at $4,493,282.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Beatriz R. Perez sold 21,742 shares of the business’s stock in a transaction on Monday, February 4th. The stock was sold at an average price of $48.76, for a total value of $1,060,139.92. Following the completion of the transaction, the insider now owns 92,645 shares of the company’s stock, valued at approximately $4,517,370.20. The disclosure for this sale can be found here. Insiders own 1.33% of the company’s stock.

Hedge funds have recently bought and sold shares of the company. Mraz Amerine & Associates Inc. grew its holdings in The Coca-Cola by 0.4% during the fourth quarter. Mraz Amerine & Associates Inc. now owns 47,568 shares of the company’s stock valued at $2,252,000 after purchasing an additional 208 shares during the period. Reynders McVeigh Capital Management LLC grew its holdings in The Coca-Cola by 0.9% during the third quarter. Reynders McVeigh Capital Management LLC now owns 22,977 shares of the company’s stock valued at $1,061,000 after purchasing an additional 213 shares during the period. Cordasco Financial Network grew its holdings in The Coca-Cola by 26.1% during the fourth quarter. Cordasco Financial Network now owns 1,034 shares of the company’s stock valued at $49,000 after purchasing an additional 214 shares during the period. Windsor Group LTD grew its holdings in The Coca-Cola by 1.7% during the fourth quarter. Windsor Group LTD now owns 13,672 shares of the company’s stock valued at $647,000 after purchasing an additional 222 shares during the period. Finally, United Capital Management of KS Inc. grew its holdings in The Coca-Cola by 2.3% during the fourth quarter. United Capital Management of KS Inc. now owns 10,020 shares of the company’s stock valued at $474,000 after purchasing an additional 229 shares during the period. Hedge funds and other institutional investors own 66.99% of the company’s stock.

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The Coca-Cola Company Profile (NYSE:KO)

The Coca-Cola Company, a beverage company, manufactures and distributes various nonalcoholic beverages worldwide. The company provides sparkling soft drinks; water, enhanced water, and sports drinks; juice, dairy, and plant–based beverages; teas and coffees; and energy drinks. It also offers concentrates, syrups, beverage bases, source waters, and powders/minerals, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores.

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