Susquehanna Bancshares Inc set a $41.00 price target on Coca-Cola Company (The) (NYSE:KO) in a research note published on Wednesday morning. The brokerage currently has a hold rating on the stock.

Several other analysts also recently commented on KO. Barclays PLC set a $45.00 price objective on shares of Coca-Cola Company (The) and gave the stock a neutral rating in a research report on Wednesday, July 19th. Zacks Investment Research downgraded shares of Coca-Cola Company (The) from a buy rating to a hold rating in a research report on Thursday, July 20th. Credit Suisse Group reissued a buy rating and issued a $49.00 price target on shares of Coca-Cola Company (The) in a research report on Monday, July 24th. Jefferies Group LLC set a $47.00 price target on shares of Coca-Cola Company (The) and gave the company a neutral rating in a research report on Thursday, July 27th. Finally, UBS AG lifted their price target on shares of Coca-Cola Company (The) from $49.00 to $51.00 and gave the company a buy rating in a research report on Thursday, July 27th. Two equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating and nine have issued a buy rating to the company’s stock. The company has an average rating of Hold and a consensus price target of $47.54.

Shares of Coca-Cola Company (NYSE KO) traded down $0.26 during mid-day trading on Wednesday, hitting $46.55. 12,506,380 shares of the stock traded hands, compared to its average volume of 11,450,114. The firm has a market cap of $198,330.00, a P/E ratio of 25.09, a price-to-earnings-growth ratio of 4.01 and a beta of 0.70. Coca-Cola Company has a one year low of $39.88 and a one year high of $47.48. The company has a current ratio of 1.39, a quick ratio of 1.30 and a debt-to-equity ratio of 1.47.

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

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The business also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 3.18%. The ex-dividend date is Thursday, November 30th. Coca-Cola Company (The)’s payout ratio is presently 140.95%.

In other Coca-Cola Company (The) news, 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 transaction, the insider now owns 320,013 shares of the company’s stock, valued at approximately $14,749,399.17. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.51% of the stock is owned by insiders.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of Coca-Cola Company (The) by 1.8% during the second quarter. Vanguard Group Inc. now owns 275,221,018 shares of the company’s stock worth $12,343,662,000 after purchasing an additional 4,818,963 shares in the last quarter. BlackRock Inc. grew its holdings in shares of Coca-Cola Company (The) by 0.3% during the second quarter. BlackRock Inc. now owns 241,677,773 shares of the company’s stock worth $10,839,247,000 after purchasing an additional 750,257 shares in the last quarter. State Street Corp grew its holdings in shares of Coca-Cola Company (The) by 1.2% during the first quarter. State Street Corp now owns 173,789,519 shares of the company’s stock worth $7,375,663,000 after purchasing an additional 2,009,675 shares in the last quarter. Capital World Investors grew its holdings in shares of Coca-Cola Company (The) by 8.9% during the second quarter. Capital World Investors now owns 142,047,166 shares of the company’s stock worth $6,370,815,000 after purchasing an additional 11,593,679 shares in the last quarter. Finally, Northern Trust Corp grew its holdings in shares of Coca-Cola Company (The) by 4.5% during the second quarter. Northern Trust Corp now owns 50,761,341 shares of the company’s stock worth $2,276,647,000 after purchasing an additional 2,167,225 shares in the last quarter. 64.92% of the stock is owned by institutional investors.

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.

Analyst Recommendations for Coca-Cola Company (The) (NYSE:KO)

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