Delta Lloyd NV increased its position in Coca-Cola Company (The) (NYSE:KO) by 8.0% during the first quarter, according to its most recent disclosure with the SEC. The firm owned 754,066 shares of the company’s stock after buying an additional 55,958 shares during the period. Coca-Cola Company (The) makes up approximately 1.0% of Delta Lloyd NV’s holdings, making the stock its 21st largest position. Delta Lloyd NV’s holdings in Coca-Cola Company (The) were worth $32,538,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Portfolio Solutions LLC bought a new position in Coca-Cola Company (The) during the first quarter worth about $108,000. Signature Estate & Investment Advisors LLC boosted its position in shares of Coca-Cola Company (The) by 5.0% in the first quarter. Signature Estate & Investment Advisors LLC now owns 2,725 shares of the company’s stock valued at $116,000 after buying an additional 129 shares during the period. Welch Investments LLC boosted its position in shares of Coca-Cola Company (The) by 26.5% in the first quarter. Welch Investments LLC now owns 3,497 shares of the company’s stock valued at $148,000 after buying an additional 733 shares during the period. Feltz Wealth PLAN Inc. acquired a new position in shares of Coca-Cola Company (The) during the first quarter valued at about $150,000. Finally, Cribstone Capital Management LLC boosted its position in shares of Coca-Cola Company (The) by 44.7% in the first quarter. Cribstone Capital Management LLC now owns 4,020 shares of the company’s stock valued at $171,000 after buying an additional 1,241 shares during the period. Institutional investors and hedge funds own 63.68% of the company’s stock.

Shares of Coca-Cola Company (KO) opened at 45.50 on Monday. The company has a market capitalization of $194.07 billion, a price-to-earnings ratio of 48.05 and a beta of 0.69. The stock has a 50 day moving average of $45.06 and a 200-day moving average of $43.37. Coca-Cola Company has a one year low of $39.88 and a one year high of $46.42.

Coca-Cola Company (The) (NYSE:KO) last posted its earnings results on Wednesday, July 26th. The company reported $0.59 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.02. The firm had revenue of $9.70 billion during the quarter, compared to the consensus estimate of $9.62 billion. Coca-Cola Company (The) had a return on equity of 34.53% and a net margin of 10.68%. The company’s quarterly revenue was down 15.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.60 EPS. On average, equities analysts expect that Coca-Cola Company will post $1.90 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Friday, September 15th will be paid a $0.37 dividend. The ex-dividend date is Thursday, September 14th. This represents a $1.48 dividend on an annualized basis and a yield of 3.25%. Coca-Cola Company (The)’s payout ratio is 154.17%.

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Several equities analysts have issued reports on KO shares. TheStreet upgraded shares of Coca-Cola Company (The) from a “c+” rating to a “b” rating in a research report on Thursday, April 27th. Vetr upgraded shares of Coca-Cola Company (The) from a “hold” rating to a “buy” rating and set a $44.81 price target for the company in a research report on Monday, April 24th. Zacks Investment Research upgraded shares of Coca-Cola Company (The) from a “sell” rating to a “buy” rating and set a $48.00 price target for the company in a research report on Friday, April 21st. UBS AG set a $48.00 price target on shares of Coca-Cola Company (The) and gave the company a “buy” rating in a research report on Tuesday, April 18th. Finally, BMO Capital Markets restated a “buy” rating and issued a $46.00 price target on shares of Coca-Cola Company (The) in a research report on Wednesday, April 26th. Two investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and seven have given a buy rating to the stock. Coca-Cola Company (The) presently has an average rating of “Hold” and a consensus target price of $45.62.

In other Coca-Cola Company (The) news, insider J Alexander Douglas, Jr. sold 180,738 shares of the stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $45.99, for a total value of $8,312,140.62. Following the sale, the insider now owns 315,606 shares in the company, valued at $14,514,719.94. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, SVP Beatriz R. Perez sold 10,000 shares of the stock in a transaction on Thursday, July 27th. The stock was sold at an average price of $46.00, for a total value of $460,000.00. Following the completion of the sale, the senior vice president now owns 98,718 shares in the company, valued at approximately $4,541,028. The disclosure for this sale can be found here. In the last quarter, insiders sold 693,822 shares of company stock worth $31,311,106. Insiders own 1.51% of the company’s stock.

About Coca-Cola Company (The)

The Coca-Cola Company is a beverage company. The Company owns or licenses and markets non-alcoholic beverage brands, primarily sparkling beverages and a range of still beverages, such as waters, flavored waters and enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, sports drinks, dairy and energy drinks.

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Institutional Ownership by Quarter for Coca-Cola Company (The) (NYSE:KO)

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