Investors purchased shares of Coca-Cola Co. (NYSE:KO) on weakness during trading on Thursday. $64.51 million flowed into the stock on the tick-up and $39.77 million flowed out of the stock on the tick-down, for a money net flow of $24.74 million into the stock. Of all equities tracked, Coca-Cola had the 11th highest net in-flow for the day. Coca-Cola traded down ($0.05) for the day and closed at $45.69

KO has been the subject of several research reports. Sanford C. Bernstein set a $50.00 price target on shares of Coca-Cola and gave the company a “buy” rating in a report on Thursday, April 14th. Vetr lowered shares of Coca-Cola from a “buy” rating to a “hold” rating and set a $48.28 target price for the company. in a research note on Tuesday, April 19th. Jefferies Group set a $46.00 target price on shares of Coca-Cola and gave the company a “neutral” rating in a research note on Thursday, April 21st. Citigroup Inc. boosted their target price on shares of Coca-Cola from $49.00 to $50.00 and gave the company a “buy” rating in a research note on Thursday, April 21st. Finally, Susquehanna reissued a “neutral” rating and set a $39.00 target price on shares of Coca-Cola in a research note on Saturday, April 23rd. Eleven research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $47.63.

The stock has a market cap of $197.40 billion and a price-to-earnings ratio of 27.47. The stock’s 50 day moving average price is $45.10 and its 200-day moving average price is $44.43.

Coca-Cola (NYSE:KO) last announced its earnings results on Wednesday, April 20th. The company reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.44 by $0.01. The firm had revenue of $10.30 billion for the quarter, compared to analyst estimates of $10.28 billion. During the same quarter last year, the business earned $0.48 EPS. The company’s revenue for the quarter was down 4.0% compared to the same quarter last year. Equities research analysts forecast that Coca-Cola Co. will post $1.94 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, July 1st. Investors of record on Wednesday, June 15th were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.07%. The ex-dividend date of this dividend was Monday, June 13th.

In other Coca-Cola news, EVP J Alexander Douglas, Jr. sold 572,748 shares of the stock in a transaction dated Monday, June 20th. The shares were sold at an average price of $45.25, for a total transaction of $25,916,847.00. Following the sale, the executive vice president now owns 291,675 shares of the company’s stock, valued at approximately $13,198,293.75. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Larry M. Mark sold 28,000 shares of the stock in a transaction dated Monday, April 25th. The stock was sold at an average price of $44.52, for a total transaction of $1,246,560.00. Following the sale, the vice president now directly owns 52,465 shares in the company, valued at approximately $2,335,741.80. The disclosure for this sale can be found here.

Several hedge funds and institutional investors have modified their holdings of the stock. Court Place Advisors LLC raised its position in shares of Coca-Cola by 0.3% in the fourth quarter. Court Place Advisors LLC now owns 24,531 shares of the company’s stock valued at $1,054,000 after buying an additional 63 shares during the period. Security National Bank of SO Dak raised its position in shares of Coca-Cola by 5.2% in the fourth quarter. Security National Bank of SO Dak now owns 25,567 shares of the company’s stock valued at $1,099,000 after buying an additional 1,266 shares during the period. IFC Holdings Incorporated FL raised its position in shares of Coca-Cola by 5.6% in the fourth quarter. IFC Holdings Incorporated FL now owns 26,770 shares of the company’s stock valued at $1,152,000 after buying an additional 1,413 shares during the period. Hodges Capital Management Inc. raised its position in shares of Coca-Cola by 6.3% in the fourth quarter. Hodges Capital Management Inc. now owns 27,660 shares of the company’s stock valued at $1,188,000 after buying an additional 1,638 shares during the period. Finally, Novare Capital Management LLC raised its position in shares of Coca-Cola by 2.3% in the fourth quarter. Novare Capital Management LLC now owns 28,481 shares of the company’s stock valued at $1,224,000 after buying an additional 650 shares during the period.

The Coca-Cola Company is a beverage company. The Company owns or licenses and markets more than 500 nonalcoholic beverage brands, primarily sparkling beverages but also a range of still beverages, such as waters, enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, and energy and sports drinks.

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