Dynamic Advisors Solutions LLC boosted its holdings in shares of Coca-Cola Company (The) (NYSE:KO) by 13.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 41,401 shares of the company’s stock after buying an additional 4,763 shares during the period. Dynamic Advisors Solutions LLC’s holdings in Coca-Cola Company (The) were worth $1,857,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Town & Country Bank & Trust CO dba First Bankers Trust CO raised its holdings in shares of Coca-Cola Company (The) by 11.1% in the first quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 97,424 shares of the company’s stock valued at $4,135,000 after purchasing an additional 9,743 shares during the last quarter. Fox Run Management L.L.C. purchased a new stake in shares of Coca-Cola Company (The) in the first quarter valued at about $448,000. Tompkins Financial Corp raised its holdings in shares of Coca-Cola Company (The) by 3.0% in the first quarter. Tompkins Financial Corp now owns 7,924 shares of the company’s stock valued at $368,000 after purchasing an additional 232 shares during the last quarter. Cribstone Capital Management LLC raised its holdings 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 purchasing an additional 1,241 shares during the last quarter. Finally, Viking Fund Management LLC raised its holdings in shares of Coca-Cola Company (The) by 23.0% in the first quarter. Viking Fund Management LLC now owns 123,000 shares of the company’s stock valued at $5,220,000 after purchasing an additional 23,000 shares during the last quarter. Hedge funds and other institutional investors own 64.62% of the company’s stock.

Shares of Coca-Cola Company (NYSE:KO) traded up 0.0929% during trading on Friday, reaching $45.4422. 2,913,563 shares of the company’s stock were exchanged. The stock has a 50-day moving average price of $45.85 and a 200 day moving average price of $44.43. The firm has a market cap of $193.82 billion, a price-to-earnings ratio of 47.9854 and a beta of 0.71. Coca-Cola Company has a 12 month low of $39.88 and a 12 month high of $46.98.

Coca-Cola Company (The) (NYSE:KO) last released its quarterly earnings results on Wednesday, July 26th. The company reported $0.59 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 analyst estimates of $9.62 billion. During the same quarter in the prior year, the firm earned $0.60 EPS. The business’s revenue for the quarter was down 15.9% compared to the same quarter last year. On average, 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. Stockholders of record on Friday, September 15th will be given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 3.23%. The ex-dividend date of this dividend is Thursday, September 14th. Coca-Cola Company (The)’s payout ratio is currently 154.17%.

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In related news, insider Mark Randazza sold 24,156 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the insider now directly owns 26,567 shares in the company, valued at approximately $1,222,347.67. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Robert Edward Long sold 26,470 shares of the business’s stock in a transaction that occurred on Friday, August 11th. The shares were sold at an average price of $45.88, for a total value of $1,214,443.60. Following the transaction, the insider now owns 45,393 shares of the company’s stock, valued at $2,082,630.84. The disclosure for this sale can be found here. Insiders have sold a total of 366,835 shares of company stock valued at $16,874,246 in the last ninety days. Insiders own 1.51% of the company’s stock.

Several analysts have recently commented on the stock. BidaskClub downgraded shares of Coca-Cola Company (The) from a “buy” rating to a “hold” rating in a report on Saturday, July 1st. Zacks Investment Research upgraded shares of Coca-Cola Company (The) from a “hold” rating to a “buy” rating and set a $51.00 target price for the company in a report on Tuesday, June 27th. Stifel Nicolaus reiterated a “hold” rating and issued a $45.00 target price on shares of Coca-Cola Company (The) in a report on Friday, July 14th. Cowen and Company reiterated a “hold” rating and issued a $42.00 target price on shares of Coca-Cola Company (The) in a report on Thursday, August 24th. Finally, Deutsche Bank AG reiterated a “hold” rating and issued a $46.00 target price (up previously from $44.00) on shares of Coca-Cola Company (The) in a report on Thursday, July 27th. Two investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $45.85.

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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