Bokf Na Purchases 24,447 Shares of CocaCola Company (The) $KO

Bokf Na boosted its holdings in shares of CocaCola Company (The) (NYSE:KOFree Report) by 5.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 461,011 shares of the company’s stock after buying an additional 24,447 shares during the period. Bokf Na’s holdings in CocaCola were worth $30,574,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Headlands Technologies LLC bought a new position in shares of CocaCola during the 2nd quarter worth about $26,000. Marquette Asset Management LLC bought a new stake in CocaCola in the third quarter valued at about $27,000. Cloud Capital Management LLC acquired a new position in CocaCola in the third quarter worth about $27,000. Redmont Wealth Advisors LLC acquired a new position in CocaCola in the third quarter worth about $30,000. Finally, Winnow Wealth LLC bought a new position in CocaCola during the second quarter worth about $43,000. Institutional investors own 70.26% of the company’s stock.

Trending Headlines about CocaCola

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Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Morgan Stanley set a $88.00 price objective on CocaCola in a report on Wednesday. UBS Group raised their target price on CocaCola from $82.00 to $87.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. TD Cowen reaffirmed a “buy” rating on shares of CocaCola in a research note on Wednesday, February 11th. Citigroup upped their price target on CocaCola from $85.00 to $87.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Finally, Evercore reiterated an “outperform” rating and set a $85.00 price objective on shares of CocaCola in a research note on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating and fifteen have assigned a Buy rating to the company. Based on data from MarketBeat.com, CocaCola currently has a consensus rating of “Buy” and a consensus target price of $84.40.

Get Our Latest Stock Report on KO

Insiders Place Their Bets

In other CocaCola news, CFO John Murphy sold 72,449 shares of the stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $80.52, for a total value of $5,833,593.48. Following the transaction, the chief financial officer directly owned 279,917 shares in the company, valued at approximately $22,538,916.84. This trade represents a 20.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Nancy Quan sold 23,556 shares of CocaCola stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $79.50, for a total value of $1,872,702.00. Following the completion of the sale, the executive vice president directly owned 223,330 shares of the company’s stock, valued at $17,754,735. This trade represents a 9.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 892,925 shares of company stock valued at $70,254,796 over the last quarter. Company insiders own 0.97% of the company’s stock.

CocaCola Stock Performance

CocaCola stock opened at $77.61 on Thursday. The stock has a 50-day simple moving average of $75.32 and a 200 day simple moving average of $71.27. The stock has a market capitalization of $333.78 billion, a price-to-earnings ratio of 25.53, a P/E/G ratio of 3.26 and a beta of 0.35. The company has a quick ratio of 1.25, a current ratio of 1.46 and a debt-to-equity ratio of 1.23. CocaCola Company has a 12-month low of $65.35 and a 12-month high of $82.00.

CocaCola (NYSE:KOGet Free Report) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.02. CocaCola had a net margin of 27.34% and a return on equity of 41.31%. The firm had revenue of $11.82 billion during the quarter, compared to analysts’ expectations of $12.04 billion. During the same quarter last year, the company posted $0.55 EPS. The company’s quarterly revenue was up 2.2% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. On average, research analysts anticipate that CocaCola Company will post 2.96 earnings per share for the current fiscal year.

CocaCola Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Friday, March 13th will be issued a $0.53 dividend. This is an increase from CocaCola’s previous quarterly dividend of $0.51. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Friday, March 13th. CocaCola’s dividend payout ratio (DPR) is 67.11%.

About CocaCola

(Free Report)

The Coca‑Cola Company (NYSE: KO) is a global beverage manufacturer, marketer and distributor best known for its flagship Coca‑Cola soda. Headquartered in Atlanta, Georgia, the company develops and sells concentrates, syrups and finished beverages across a broad portfolio of brands. Its product range spans sparkling soft drinks, bottled water, sports drinks, juices, ready‑to‑drink teas and coffees, and other still beverages, marketed under both global and regional brand names.

Coca‑Cola’s brand portfolio includes widely recognized names such as Coca‑Cola, Diet Coke, Coca‑Cola Zero Sugar, Sprite, Fanta, Minute Maid, Powerade and Dasani, and in recent years the company has expanded into the coffee and premium beverage categories through acquisitions such as Costa Coffee.

Further Reading

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Institutional Ownership by Quarter for CocaCola (NYSE:KO)

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