Investors sold shares of Coca-Cola Company (The) (NYSE:KO) on strength during trading on Thursday following insider selling activity. $35.31 million flowed into the stock on the tick-up and $81.21 million flowed out of the stock on the tick-down, for a money net flow of $45.90 million out of the stock. Of all equities tracked, Coca-Cola Company (The) had the 0th highest net out-flow for the day. Coca-Cola Company (The) traded up $0.05 for the day and closed at $46.23Specifically, insider J Alexander Douglas, Jr. sold 338,009 shares of Coca-Cola Company (The) stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of $46.09, for a total transaction of $15,578,834.81. Following the completion of the sale, the insider now owns 320,013 shares of the company’s stock, valued at approximately $14,749,399.17. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Brian John Smith sold 100,000 shares of Coca-Cola Company (The) stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $46.10, for a total value of $4,610,000.00. Following the sale, the insider now directly owns 136,385 shares of the company’s stock, valued at approximately $6,287,348.50. The disclosure for this sale can be found here. 1.51% of the stock is owned by insiders.

A number of analysts have commented on KO shares. Barclays PLC set a $45.00 price target on Coca-Cola Company (The) and gave the stock a “neutral” rating in a research report on Wednesday, July 19th. Jefferies Group LLC set a $47.00 price target on Coca-Cola Company (The) and gave the stock a “neutral” rating in a research report on Friday, October 13th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $49.00 price target on shares of Coca-Cola Company (The) in a research report on Wednesday, September 6th. UBS AG lifted their price target on 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, Citigroup Inc. set a $53.00 price target on Coca-Cola Company (The) and gave the stock a “buy” rating in a research report on Thursday, August 3rd. Two research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and eight have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $47.16.

The company has a debt-to-equity ratio of 1.47, a current ratio of 1.39 and a quick ratio of 1.30. The firm has a market cap of $196,757.61, a P/E ratio of 24.43, a P/E/G ratio of 3.91 and a beta of 0.70.

Coca-Cola Company (The) (NYSE:KO) last posted its quarterly earnings data on Wednesday, October 25th. The company reported $0.50 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.49 by $0.01. Coca-Cola Company (The) had a return on equity of 36.21% and a net margin of 12.20%. The company had revenue of $9.08 billion during the quarter, compared to analyst estimates of $8.73 billion. During the same period in the previous year, the business earned $0.49 EPS. Coca-Cola Company (The)’s quarterly revenue was down 14.6% on a year-over-year basis. analysts predict that Coca-Cola Company will post 1.9 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be paid a dividend of $0.37 per share. The ex-dividend date is Thursday, November 30th. This represents a $1.48 annualized dividend and a yield of 3.20%. Coca-Cola Company (The)’s dividend payout ratio (DPR) is currently 140.95%.

A number of large investors have recently bought and sold shares of the business. Ropes Wealth Advisors LLC increased its stake in Coca-Cola Company (The) by 5.5% during the 3rd quarter. Ropes Wealth Advisors LLC now owns 55,834 shares of the company’s stock worth $2,513,000 after buying an additional 2,890 shares in the last quarter. Zeke Capital Advisors LLC increased its stake in Coca-Cola Company (The) by 103.9% during the 3rd quarter. Zeke Capital Advisors LLC now owns 70,425 shares of the company’s stock worth $3,170,000 after buying an additional 35,884 shares in the last quarter. Amalgamated Bank increased its stake in Coca-Cola Company (The) by 2.1% during the 3rd quarter. Amalgamated Bank now owns 458,009 shares of the company’s stock worth $20,615,000 after buying an additional 9,437 shares in the last quarter. Twin Capital Management Inc. increased its stake in Coca-Cola Company (The) by 19.9% during the 3rd quarter. Twin Capital Management Inc. now owns 411,920 shares of the company’s stock worth $18,541,000 after buying an additional 68,390 shares in the last quarter. Finally, LVW Advisors LLC grew its position in shares of Coca-Cola Company (The) by 12.1% in the third quarter. LVW Advisors LLC now owns 70,491 shares of the company’s stock valued at $3,173,000 after purchasing an additional 7,631 shares in the last quarter. Institutional investors own 64.79% of the company’s stock.

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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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