A. D. Beadell Investment Counsel Inc. boosted its holdings in shares of Coca-Cola Company (The) (NYSE:KO) by 0.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 91,125 shares of the company’s stock after buying an additional 150 shares during the quarter. Coca-Cola Company (The) makes up approximately 3.3% of A. D. Beadell Investment Counsel Inc.’s investment portfolio, making the stock its 5th largest position. A. D. Beadell Investment Counsel Inc.’s holdings in Coca-Cola Company (The) were worth $4,086,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Signature Estate & Investment Advisors LLC lifted its stake in 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 purchasing an additional 129 shares during the last quarter. Meeder Asset Management Inc. increased its holdings in shares of Coca-Cola Company (The) by 59.4% during the second quarter. Meeder Asset Management Inc. now owns 2,754 shares of the company’s stock worth $124,000 after buying an additional 1,026 shares in the last quarter. Perkins Coie Trust Co increased its holdings in shares of Coca-Cola Company (The) by 21.9% during the second quarter. Perkins Coie Trust Co now owns 3,180 shares of the company’s stock worth $143,000 after buying an additional 572 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. Finally, 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. 64.62% of the stock is currently owned by hedge funds and other institutional investors.

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In other news, SVP Beatriz R. Perez sold 10,000 shares of Coca-Cola Company (The) stock in a transaction on Thursday, July 27th. The stock was sold at an average price of $46.00, for a total transaction of $460,000.00. Following the completion of the transaction, the senior vice president now owns 98,718 shares of the company’s stock, valued at approximately $4,541,028. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Francisco Crespo sold 7,700 shares of Coca-Cola Company (The) stock in a transaction on Friday, July 28th. The stock was sold at an average price of $46.01, for a total value of $354,277.00. Following the transaction, the insider now directly owns 29,943 shares of the company’s stock, valued at approximately $1,377,677.43. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 366,835 shares of company stock valued at $16,874,246. Corporate insiders own 1.51% of the company’s stock.

KO has been the subject of several research analyst reports. Zacks Investment Research upgraded Coca-Cola Company (The) from a “hold” rating to a “buy” rating and set a $51.00 price objective for the company in a report on Tuesday, June 27th. Sanford C. Bernstein set a $49.00 price objective on shares of Coca-Cola Company (The) and gave the stock a “buy” rating in a research report on Tuesday, July 11th. Credit Suisse Group reissued a “buy” rating and set a $49.00 price objective on shares of Coca-Cola Company (The) in a research report on Monday, July 24th. UBS AG increased 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 research report on Thursday, July 27th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and issued a $49.00 price target on shares of Coca-Cola Company (The) in a research report on Wednesday, August 2nd. Two equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $45.85.

Shares of Coca-Cola Company (KO) traded up 0.18% on Friday, hitting $45.48. 3,655,053 shares of the stock were exchanged. The company’s 50 day moving average is $45.85 and its 200-day moving average is $44.43. 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 $193.99 billion, a PE ratio of 48.03 and a beta of 0.71.

Coca-Cola Company (The) (NYSE:KO) last announced its earnings results on Wednesday, July 26th. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.02. The business had revenue of $9.70 billion for the quarter, compared to analyst estimates of $9.62 billion. Coca-Cola Company (The) had a net margin of 10.68% and a return on equity of 34.53%. The company’s revenue for the quarter was down 15.9% compared to the same quarter last year. During the same period last year, the firm posted $0.60 earnings per share. Analysts predict that Coca-Cola Company will post $1.90 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Investors of record on Friday, September 15th will be issued a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 3.25%. The ex-dividend date of this dividend is Thursday, September 14th. Coca-Cola Company (The)’s dividend payout ratio is presently 154.17%.

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)

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