The Coca-Cola Co (KO) Rating Reiterated by Independent Research GmbH – tech2.org

The Coca-Cola Co (KO) Rating Reiterated by Independent Research GmbH



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Other stock badysts also recently issued research reports on the stock. Goldman Sachs Group Inc set a target price of $ 38.00 on the shares of The Coca-Cola and granted the company a sales grade in a research note on Friday, February 10. Gabelli reaffirmed a qualification for the suspension of The Coca-Cola shares in a research note on Saturday, February 11. Susquehanna Bancshares Inc set a target price of $ 38.00 on the shares of The Coca-Cola and granted the company a retention grade in a research note on Saturday, March 25. Vetr raised the shares of The Coca-Cola from a hold rating to a purchase rating and set a target price of $ 44.81 for the company in a research report on Monday, April 24. Finally, Jefferies Group LLC reissued a neutral rating and set a target price of $ 45.00 on the shares of The Coca-Cola in a research report on Tuesday, April 25. Two stock research badysts have rated the stock with a sale rating, twelve have granted a suspension rating and nine have granted a purchase rating to the company's stock. Currently, the stock has an average Hold rating and a consensus target price of $ 44.54.

Independent Research GmbH reaffirmed its sale of shares of The Coca-Cola Co (NYSE: KO) in a research note published on Wednesday, April 26. The broker currently has a target price of $ 38.00 in the stock.

Coca-Cola (NYSE: KO) opened at 45.39 on Wednesday. The 50-day moving average price of the stock is $ 43.53 and its 200-day moving average price is $ 42.11. The company has a market capitalization of $ 193.93 billion, a PE ratio of 31.94 and a beta of 0.69. Coca-Cola has a minimum of 52 weeks of $ 39.88 and a maximum of 52 weeks of $ 46.01. Coca-Cola also saw unusually large trading options on Friday. Stock traders bought 6,392 put options in the company. This is an increase of 114% compared to the average daily volume of 2,982 put options. The Coca-Cola (NYSE: KO) last released its quarterly earnings results on Tuesday, April 25. The company reported earnings of $ 0.43 per share (EPS) for the quarter, lacking the Zacks consensus of $ 0.44 for $ 0.01. Coca-Cola had a return on equity of 32.94% and a net margin of 15.59%. The company had revenues of $ 9.12 billion during the quarter, compared to the estimated consensus of $ 8.85 billion. During the same period of the previous year, the company earned $ 0.45 of earnings per share. Coca-Cola's quarterly revenues decreased 11.3% year-on-year. On average, badysts predict that The Coca-Cola will post $ 1.89 EPS for the current fiscal year.

The Coca-Cola (NYSE: KO) opened at 45.39 on Wednesday. The 50-day moving average price of the stock is $ 43.53 and its 200-day moving average price is $ 42.11. The company has a market capitalization of $ 193.93 billion, a PE ratio of 31.94 and a beta of 0.69. Coca-Cola has a minimum of 52 weeks of $ 39.88 and a maximum of 52 weeks of $ 46.01. Coca-Cola also saw unusually large trading options on Friday. Stock traders bought 6,392 put options in the company. This is an increase of 114% compared to the average daily volume of 2,982 put options. The business also recently unveiled a quarterly dividend, which will be paid on Monday, July 3. The shareholders registered on Thursday, June 15 will receive a dividend of $ 0.37. The ex-dividend date is Tuesday, June 13. This represents an annualized dividend of $ 1.48 and a yield of 3.26%. The dividend payment index (DPR) of Coca-Cola is 93.33%.

In other news, insider J Alexander Douglas, Jr. sold 22,000 shares of the company in a transaction that took place on Wednesday, May 3. The shares were sold at an average price of $ 43.25, for a total value of $ 951,500.00. After the completion of the sale, the insider now owns 319,436 shares of the company's stock, valued at approximately $ 13,815,607. The sale was disclosed in a filing with the Securities and Exchange Commission, which is available through the SEC's website. In addition, the insider of Irial Finan sold 354,146 shares of the company's shares in a transaction that took place on Wednesday, May 24. The stock was sold at an average price of $ 45.00, for a total transaction of $ 15,936,570.00. After the transaction, the insider now owns 780,258 shares of the company, valued at approximately $ 35,111,610. The disclosure of this sale can be found here. During the last three months, insiders sold 463,946 shares of the company valued at $ 20,701,224. 1.54% of the shares are owned by people close to the company. Hedge funds and other institutional investors recently bought and sold shares of the company. GWM Advisors LLC increased its position in The Coca-Cola by 82.8% in the third quarter. GWM Advisors LLC now owns 53,241 shares of the company valued at $ 2,228,000 after buying 24,119 additional shares during the period. Beese Fulmer Investment Management Inc. increased its position in The Coca-Cola shares by 1.0% in the third quarter. Beese Fulmer Investment Management Inc. now owns 177,672 shares of the company worth $ 7,519,000 after buying 1,714 additional shares during the last quarter. Acadian Asset Management LLC increased its position in The Coca-Cola shares by 13.8% in the third quarter. Acadian Asset Management LLC now owns 7,492,626 shares of the company's stock worth $ 317,088,000 after buying 909,362 additional shares during the last quarter. Alpha Windward LLC increased its position in The Coca-Cola shares by 0.4% in the third quarter. Alpha Windward LLC now owns 7,453 shares of the company's stock worth $ 315,000 after buying 32 additional shares during the last quarter. Finally, Greenleaf Trust increased its position in The Coca-Cola shares by 4.5% in the third quarter. Greenleaf Trust now owns 16,185 shares of the company's stock worth $ 685,000 after buying 700 additional shares during the last quarter. Hedge funds and other institutional investors hold 63.88% of the company's shares.

The Coca-Cola Company Profile The Coca-Cola Company is a beverage company. The Company owns or licenses and markets non-alcoholic beverage brands, mainly sparkling beverages and a range of non-alcoholic beverages, such as waters, flavored waters and improved waters, juices and juices, ready-to-drink teas and coffees, sports drinks, milk drinks and energetics

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