Barclays PLC started coverage on shares of Coca-Cola Company (The) (NYSE:KO) in a research report report published on Monday. The firm issued an equal weight rating and a $42.00 price target on the stock.

A number of other equities research analysts have also weighed in on KO. Jefferies Group set a $43.00 price target on Coca-Cola Company (The) and gave the stock a neutral rating in a research note on Tuesday, December 27th. Vetr lowered Coca-Cola Company (The) from a strong-buy rating to a buy rating and set a $45.34 price target on the stock. in a research note on Wednesday, December 7th. Sanford C. Bernstein set a $48.00 price target on Coca-Cola Company (The) and gave the stock a buy rating in a research note on Friday, January 6th. Stifel Nicolaus restated a neutral rating on shares of Coca-Cola Company (The) in a research note on Friday, September 30th. Finally, TheStreet lowered Coca-Cola Company (The) from a buy rating to a hold rating in a research note on Wednesday, October 26th. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and eleven have issued a buy rating to the company’s stock. Coca-Cola Company (The) has an average rating of Hold and a consensus price target of $46.12.

Shares of Coca-Cola Company (NYSE:KO) opened at 40.95 on Monday. The company has a market cap of $176.62 billion, a PE ratio of 24.83 and a beta of 0.65. The firm’s 50-day moving average is $41.34 and its 200-day moving average is $42.70. Coca-Cola Company has a 1-year low of $39.88 and a 1-year high of $47.13.

Coca-Cola Company (The) (NYSE:KO) last issued its quarterly earnings results on Wednesday, October 26th. The company reported $0.49 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.48 by $0.01. Coca-Cola Company (The) had a return on equity of 32.47% and a net margin of 16.99%. The business had revenue of $10.60 billion for the quarter, compared to analyst estimates of $10.47 billion. During the same quarter in the previous year, the firm earned $0.51 earnings per share. The company’s revenue was down 6.9% on a year-over-year basis. On average, equities analysts forecast that Coca-Cola Company will post $1.91 earnings per share for the current fiscal year.

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The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 15th. Investors of record on Thursday, December 1st were paid a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 3.42%. The ex-dividend date was Tuesday, November 29th. Coca-Cola Company (The)’s dividend payout ratio is currently 84.85%.

In related news, VP Kathy N. Waller sold 36,342 shares of the stock in a transaction on Thursday, November 3rd. The stock was sold at an average price of $42.06, for a total value of $1,528,544.52. Following the completion of the transaction, the vice president now directly owns 104,345 shares of the company’s stock, valued at approximately $4,388,750.70. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.54% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of KO. BNP Paribas Arbitrage SA increased its position in Coca-Cola Company (The) by 19.7% in the second quarter. BNP Paribas Arbitrage SA now owns 2,099,270 shares of the company’s stock valued at $95,160,000 after buying an additional 345,810 shares in the last quarter. River & Mercantile Asset Management LLP increased its position in Coca-Cola Company (The) by 68.1% in the second quarter. River & Mercantile Asset Management LLP now owns 141,850 shares of the company’s stock valued at $6,429,000 after buying an additional 57,450 shares in the last quarter. Private Bank & Trust Co. increased its position in Coca-Cola Company (The) by 17.3% in the second quarter. Private Bank & Trust Co. now owns 30,138 shares of the company’s stock valued at $1,366,000 after buying an additional 4,453 shares in the last quarter. Trust Co. of Oklahoma increased its position in Coca-Cola Company (The) by 6.4% in the second quarter. Trust Co. of Oklahoma now owns 16,600 shares of the company’s stock valued at $752,000 after buying an additional 1,000 shares in the last quarter. Finally, Livforsakringsbolaget Skandia Omsesidigt increased its position in Coca-Cola Company (The) by 6.5% in the second quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 459,315 shares of the company’s stock valued at $20,821,000 after buying an additional 28,200 shares in the last quarter. 62.73% of the stock is owned by hedge funds and other institutional investors.

Coca-Cola Company (The) Company Profile

The Coca-Cola Company is a beverage company. The Company owns or licenses and markets over 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.

5 Day Chart for NYSE:KO

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