Economy

Thomaspartners Inc. Boosts Holdings in Coca-Cola Company (The) (NYSE:KO)

Thomaspartners Inc. Boosts Holdings in Coca-Cola Company (The) (NYSE:KO)”

Comerica Bank purchased a new stake in shares of Coca-Cola European Partners PLC in the 1st quarter valued at approximately $565,000. Coca Cola Co now has $196.91 billion valuation. The stock rose 0.14% or $0.06 reaching $46.17 per share. Capital World Investors lifted its stake in Coca-Cola Company (The) by 8.9% in the 2nd quarter. Stockholders of record on Friday, September 15th will be paid a dividend of $0.37 per share. It has underperformed by 17.65% the S&P500. Vanguard Group Inc. lifted its stake in Coca-Cola Company (The) by 1.8% in the 2nd quarter. The company has market cap of $3.88 billion. The Company's divisions include Retail Automotive, consisting of its retail automotive dealership operations; Retail Commercial Truck, consisting of its retail commercial truck dealership activities in the United States and Canada; Other, consisting of its commercial vehicle and power systems distribution activities and other non-automotive consolidated operations, and Non-Automotive Investments, consisting of its equity method investments in non-automotive operations.

Shares of Coca-Cola European Partners PLC (NYSE:CCE) have been given a consensus rating of "Hold" by the sixteen research firms that are presently covering the firm, Marketbeat Ratings reports. Therefore 39% are positive.

CCE has been the topic of several analyst reports.

Since the beginning of the calendar year, the stock is -23.23%. Massmutual Trust Fsb Adv holds 0% of its portfolio in The Coca-Cola Co (NYSE:KO) for 96,326 shares. The rating was maintained by Jefferies on Tuesday, September 5 with "Hold". BMO Capital Markets downgraded The Coca-Cola Co (NYSE:KO) on Wednesday, June 7 to "Market Perform" rating. The company was maintained on Tuesday, June 20 by Jefferies. RBC Capital Markets has "Buy" rating and $49.0 target. The firm has "Buy" rating by UBS given on Friday, February 5. The firm has "Hold" rating by Cowen & Co given on Tuesday, August 22. The original version of this article can be accessed at https://baseballnewssource.com/markets/coca-cola-company-the-ko-upgraded-by-vetr-inc-to-strong-buy/1638638.html. At the time of writing, the First Call consensus price target for the company is $47.44. Brick & Kyle Associate reported 0.2% of its portfolio in The Coca-Cola Co (NYSE:KO). This is assuming the current $0.49 EPS is accurate. Insiders have sold a total of 366,835 shares of company stock worth $16,874,246 in the last quarter.

Investors sentiment decreased to 0.87 in Q4 2016. Its up 0.15, from 0.79 in 2016Q3.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Crestwood Advsr Limited Liability Corp, Massachusetts-based fund reported 17,233 shares. Northstar Group Inc invested in 58,271 shares. Baystate Wealth Mngmt Ltd Co has invested 0.04% in The Coca-Cola Co (NYSE:KO). 138,552 are owned by Bath Savings Trust Com. The stock has a beta value of 0.71. US Bancorp DE now owns 40,381 shares of the company's stock valued at $1,523,000 after purchasing an additional 6,300 shares during the last quarter. Retirement Sys Of Alabama has invested 0.46% in The Coca-Cola Co (NYSE:KO).

Shares of Coca-Cola European Partners PLC (CCE) opened at 42.24 on Friday. Oarsman Capital stated it has 0.21% of its portfolio in The Coca-Cola Co (NYSE:KO). Lafayette Investments reported 128,299 shares or 2.19% of all its holdings. Deutsche Fincl Bank Ag holds 14.78M shares. Barclays Public Limited Company accumulated 4.32 million shares. Institutional investors own 64.68% of the company's stock. SMITH BRIAN JOHN sold $3.81 million worth of The Coca-Cola Co (NYSE:KO) on Wednesday, May 10. Another trade for 22,000 shares valued at $951,500 was made by DOUGLAS J ALEXANDER JR on Wednesday, May 3. The shares were sold at an average price of $46.01, for a total value of $1,111,417.56.

On September 13, Coca-Cola's dividend yield of 3.2% was higher than the dividend yield of 2.8% and 2.5% of PepsiCo and Dr Pepper Snapple, respectively.

Ratings analysis reveals 50% of Penske Auto's analysts are positive. On average, equities research analysts anticipate that Coca-Cola Company will post $1.90 earnings per share for the current year. PAG was included in 2 notes of analysts from September 15, 2016. As per Thursday, April 21, the company rating was maintained by Citigroup.

Coca-Cola European Partners PLC (NYSE:CCE) last released its earnings results on Thursday, August 10th.

About 175,909 shares traded. SAP SE (ADR) (NYSE:SAP) has risen 36.82% since September 15, 2016 and is uptrending.



Like this

Latest


16 September 2017
Westworld casts Lost actor as samurai in season 2
It's not clear, however, if Musashi will be a host at the park or if he'll be a guest who adopts a samurai persona. Sanada is known for his work on The Last Samurai, 47 Ronin , and The Wolverine .

16 September 2017
Chelsea boss Antonio Conte: I don't care about Arsenal or Arsene Wenger
Two FA Cup final goalscorers - Sanchez and Diego Costa - have been subject to speculation of departures but remain, for now. They have just six points from four games and were roundly beaten 4-0 by title rivals Liverpool before the worldwide break.

16 September 2017
Florida bracing as Irma makes landfall
Sunday's dizzying sequence of stormy weather saw dual landfalls by the hurricane over a span of little more than six hours. Tampa Electric may be forced to shut down some equipment ahead of Irma's expected high winds and potential storm surge.

16 September 2017
Six now dead from nursing home that lost power
After Hurricane Irma passed through Florida, 4.4 million FPL customers were without power. Four others were taken to a nearby hospital in various conditions.

16 September 2017
Milan Melindo makes weight on second try after weighing heavy
After reportedly being made to run and hit the sauna to reach the target weight, he then tipped the scales at exactly 108 pounds. In his first try at the scales, Melindo weighed 109.25 pounds, which was over the 108-pound weight limit.

16 September 2017
Not Salman Khan, this actor to star in action franchise 'Dhoom 4'
A source has been quoted as saying, "Adi wants to take Dhoom 4 to the next level and he's asked Maneesh Sharma to write the film". Reports have also confirmed that Salman is already doing Race 3 , so chances are that YRF will zero on Shah Rukh Khan .

16 September 2017
Flexion Therapeutics Inc Sentiment Increases on Better Stock Potential
Fiduciary Trust Co. purchased a new position in shares of Flexion Therapeutics during the 2nd quarter valued at $101,000. Following the transaction, the insider now directly owns 5,000 shares of the company's stock, valued at $121,000.

16 September 2017
PM tells envoy Pakistan and United States need to strengthen ties
Zakhilwal said the Afghan government is willing to improve bilateral relations with Pakistan. The power demand and supply situation in the country was also reviewed during the meeting.

16 September 2017
Modi government launched 'electoral bullet train', says Congress
Congratulating the people of Ahmedabad and Mumbai, PM Modi said: "Bullet train brings fast pace, fast development, fast technology and fast results".

16 September 2017
Hector Bellerin says Arsene Wenger's tweaked tactics inspired Arsenal's Europa League win
The club said it was "very disappointing" that many tickets appeared to have been sold through touts. And when it begun eventually, the Germans took the lead through Jhon Cordoba's wonderful strike.



Recommended