Virtu Financial LLC bought a new stake in Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) during the first quarter, HoldingsChannel reports. The firm bought 30,242 shares of the company’s stock, valued at approximately $1,996,000.

Other institutional investors also recently modified their holdings of the company. Macquarie Group Ltd. raised its stake in shares of Coca-Cola FEMSA by 2.5% in the 4th quarter. Macquarie Group Ltd. now owns 2,335,504 shares of the company’s stock valued at $142,092,000 after purchasing an additional 56,100 shares in the last quarter. Gotham Asset Management LLC raised its stake in Coca-Cola FEMSA by 5.0% during the fourth quarter. Gotham Asset Management LLC now owns 13,002 shares of the company’s stock worth $791,000 after acquiring an additional 621 shares during the period. Dimensional Fund Advisors LP raised its stake in Coca-Cola FEMSA by 4.6% during the third quarter. Dimensional Fund Advisors LP now owns 337,597 shares of the company’s stock worth $20,669,000 after acquiring an additional 14,885 shares during the period. Citadel Advisors LLC raised its stake in Coca-Cola FEMSA by 64.4% during the third quarter. Citadel Advisors LLC now owns 11,288 shares of the company’s stock worth $691,000 after acquiring an additional 4,421 shares during the period. Finally, Nachman Norwood & Parrott Inc acquired a new stake in Coca-Cola FEMSA during the fourth quarter worth about $274,000. Institutional investors and hedge funds own 7.11% of the company’s stock.

Several research firms recently weighed in on KOF. Santander lowered shares of Coca-Cola FEMSA from a “buy” rating to a “hold” rating in a research note on Wednesday, April 3rd. Zacks Investment Research upgraded shares of Coca-Cola FEMSA from a “sell” rating to a “hold” rating in a research note on Thursday, April 4th. Finally, ValuEngine lowered shares of Coca-Cola FEMSA from a “hold” rating to a “sell” rating in a research note on Tuesday, February 19th. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $71.50.

KOF opened at $65.85 on Friday. The stock has a market cap of $13.83 billion, a P/E ratio of 24.30, a price-to-earnings-growth ratio of 2.05 and a beta of 0.77. Coca-Cola FEMSA, S.A.B. de C.V. has a fifty-two week low of $54.53 and a fifty-two week high of $69.48. The company has a current ratio of 1.26, a quick ratio of 1.04 and a debt-to-equity ratio of 0.53.

Coca-Cola FEMSA (NYSE:KOF) last released its quarterly earnings data on Tuesday, February 26th. The company reported $0.70 earnings per share for the quarter, missing the consensus estimate of $0.95 by ($0.25). The business had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.62 billion. Coca-Cola FEMSA had a return on equity of 8.17% and a net margin of 7.10%. Sell-side analysts predict that Coca-Cola FEMSA, S.A.B. de C.V. will post 3.29 earnings per share for the current fiscal year.

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Coca-Cola FEMSA Profile

Coca-Cola FEMSA, SAB. de C.V., a franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages. The company offers sparkling beverages, including colas and flavored sparkling beverages; and waters and still beverages, such as juice drinks, coffee, teas, milk, value-added dairy, sports drinks, energy drinks, and plant-based drinks.

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Institutional Ownership by Quarter for Coca-Cola FEMSA (NYSE:KOF)

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