MUFG Americas Holdings Corp raised its holdings in Coca-Cola Company (The) (NYSE:KO) by 1.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,170,168 shares of the company’s stock after purchasing an additional 20,626 shares during the quarter. Coca-Cola Company (The) comprises approximately 3.1% of MUFG Americas Holdings Corp’s portfolio, making the stock its largest holding. MUFG Americas Holdings Corp owned about 0.05% of Coca-Cola Company (The) worth $97,332,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of KO. Signature Estate & Investment Advisors LLC boosted its holdings in shares of Coca-Cola Company (The) by 5.0% in the first quarter. Signature Estate & Investment Advisors LLC now owns 2,725 shares of the company’s stock valued at $116,000 after acquiring an additional 129 shares in the last quarter. Meeder Asset Management Inc. boosted its holdings in shares of Coca-Cola Company (The) by 59.4% in the second quarter. Meeder Asset Management Inc. now owns 2,754 shares of the company’s stock valued at $124,000 after acquiring an additional 1,026 shares in the last quarter. Perkins Coie Trust Co boosted its holdings in shares of Coca-Cola Company (The) by 21.9% in the second quarter. Perkins Coie Trust Co now owns 3,180 shares of the company’s stock valued at $143,000 after acquiring an additional 572 shares in the last quarter. SRS Capital Advisors Inc. boosted its holdings in shares of Coca-Cola Company (The) by 8.6% in the first quarter. SRS Capital Advisors Inc. now owns 3,326 shares of the company’s stock valued at $141,000 after acquiring an additional 264 shares in the last quarter. Finally, Welch Investments LLC boosted its holdings in shares of Coca-Cola Company (The) by 26.5% in the first quarter. Welch Investments LLC now owns 3,497 shares of the company’s stock valued at $148,000 after acquiring an additional 733 shares in the last quarter. Institutional investors own 64.92% of the company’s stock.

KO has been the topic of several analyst reports. Jefferies Group LLC set a $47.00 target price on shares of Coca-Cola Company (The) and gave the company a “neutral” rating in a report on Friday, October 13th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $49.00 target price on shares of Coca-Cola Company (The) in a report on Wednesday, September 6th. 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. UBS AG boosted 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. Finally, boosted their price objective on shares of Coca-Cola Company (The) from $50.00 to $52.00 and gave the stock a “buy” rating in a report on Wednesday, September 27th. Two investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and nine have issued a buy rating to the company. Coca-Cola Company (The) has an average rating of “Hold” and an average price target of $47.54.

In related news, insider J Alexander Douglas, Jr. sold 338,009 shares of the company’s stock in a transaction that occurred on Wednesday, November 8th. The shares were 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 $14,749,399.17. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.51% of the company’s stock.

Coca-Cola Company (NYSE KO) opened at $45.71 on Friday. 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 $198,330.00, a P/E ratio of 25.09, a PEG ratio of 4.01 and a beta of 0.70. Coca-Cola Company has a 52-week low of $39.88 and a 52-week high of $47.48.

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

The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 3.24%. The ex-dividend date of this dividend is Thursday, November 30th. Coca-Cola Company (The)’s dividend payout ratio (DPR) is 140.95%.

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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.

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

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