Robinson Value Management Ltd. held its stake in Coca-Cola Company (The) (NYSE:KO) during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 14,250 shares of the company’s stock at the end of the second quarter. Robinson Value Management Ltd.’s holdings in Coca-Cola Company (The) were worth $639,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Signature Estate & Investment Advisors LLC increased its holdings in shares of Coca-Cola Company (The) by 5.0% during the first quarter. Signature Estate & Investment Advisors LLC now owns 2,725 shares of the company’s stock worth $116,000 after buying an additional 129 shares in the last quarter. SRS Capital Advisors Inc. increased its holdings in shares of Coca-Cola Company (The) by 8.6% during the first quarter. SRS Capital Advisors Inc. now owns 3,326 shares of the company’s stock worth $141,000 after buying an additional 264 shares in the last quarter. Welch Investments LLC increased its holdings in shares of Coca-Cola Company (The) by 26.5% during the first quarter. Welch Investments LLC now owns 3,497 shares of the company’s stock worth $148,000 after buying an additional 733 shares in the last quarter. Feltz Wealth PLAN Inc. acquired a new stake in shares of Coca-Cola Company (The) during the first quarter worth approximately $150,000. Finally, Harbour Capital Advisors LLC acquired a new stake in shares of Coca-Cola Company (The) during the first quarter worth approximately $167,000. Hedge funds and other institutional investors own 64.68% of the company’s stock.

KO has been the subject of several recent analyst reports. Barclays PLC set a $45.00 price objective on shares of Coca-Cola Company (The) and gave the stock a “neutral” rating in a report on Wednesday, July 19th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $49.00 price objective on shares of Coca-Cola Company (The) in a report on Wednesday, September 6th. UBS AG raised their price objective on shares of Coca-Cola Company (The) from $49.00 to $51.00 and gave the stock a “buy” rating in a report on Thursday, July 27th. Citigroup Inc. set a $53.00 price objective on shares of Coca-Cola Company (The) and gave the stock a “buy” rating in a report on Thursday, August 3rd. Finally, BidaskClub lowered shares of Coca-Cola Company (The) from a “hold” rating to a “sell” rating in a report on Thursday, July 13th. Two equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $45.85.

In other news, SVP Beatriz R. Perez sold 10,000 shares of the stock in a transaction on Thursday, July 27th. The shares were sold at an average price of $46.00, for a total transaction of $460,000.00. Following the completion of the sale, the senior vice president now directly owns 98,718 shares in the company, valued at $4,541,028. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Mark Randazza sold 24,156 shares of the stock in a transaction on Thursday, July 27th. The stock was sold at an average price of $46.01, for a total transaction of $1,111,417.56. Following the sale, the insider now owns 26,567 shares of the company’s stock, valued at $1,222,347.67. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 366,835 shares of company stock valued at $16,874,246. Corporate insiders own 1.51% of the company’s stock.

Shares of Coca-Cola Company (KO) traded up 0.15% during trading on Friday, reaching $46.18. 16,141,413 shares of the company’s stock were exchanged. The stock’s 50 day moving average price is $45.84 and its 200-day moving average price is $44.34. Coca-Cola Company has a 52-week low of $39.88 and a 52-week high of $46.98. The stock has a market cap of $196.97 billion, a PE ratio of 48.76 and a beta of 0.71.

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

The firm also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Friday, September 15th will be given a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 3.20%. The ex-dividend date is Thursday, September 14th. Coca-Cola Company (The)’s dividend payout ratio (DPR) is currently 154.17%.

ILLEGAL ACTIVITY NOTICE: “Coca-Cola Company (The) (KO) Stake Held by Robinson Value Management Ltd.” was originally posted by Daily Political and is the sole property of of Daily Political. If you are accessing this story on another website, it was stolen and reposted in violation of United States & international copyright & trademark legislation. The correct version of this story can be read at https://www.dailypolitical.com/2017/09/17/coca-cola-company-the-ko-stake-held-by-robinson-value-management-ltd.html.

Coca-Cola Company (The) Company Profile

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.

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

Receive News & Ratings for Coca-Cola Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coca-Cola Company (The) and related companies with MarketBeat.com's FREE daily email newsletter.