Natixis Advisors LLC Has $17.95 Million Position in Coca Cola Femsa S.A.B. de C.V. $KOF

Natixis Advisors LLC boosted its stake in Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF) by 4.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 189,510 shares of the company’s stock after purchasing an additional 7,549 shares during the period. Natixis Advisors LLC’s holdings in Coca Cola Femsa were worth $17,948,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. Signaturefd LLC lifted its holdings in Coca Cola Femsa by 22.7% during the 4th quarter. Signaturefd LLC now owns 708 shares of the company’s stock worth $67,000 after buying an additional 131 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in Coca Cola Femsa by 14.6% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,058 shares of the company’s stock worth $88,000 after buying an additional 135 shares during the period. Jones Financial Companies Lllp lifted its holdings in Coca Cola Femsa by 9.1% during the 3rd quarter. Jones Financial Companies Lllp now owns 2,009 shares of the company’s stock worth $169,000 after buying an additional 168 shares during the period. Cresset Asset Management LLC lifted its holdings in Coca Cola Femsa by 6.6% during the 3rd quarter. Cresset Asset Management LLC now owns 3,025 shares of the company’s stock worth $251,000 after buying an additional 188 shares during the period. Finally, Martin Capital Partners LLC grew its holdings in Coca Cola Femsa by 0.4% during the 4th quarter. Martin Capital Partners LLC now owns 54,479 shares of the company’s stock worth $5,160,000 after acquiring an additional 211 shares during the period.

Analyst Ratings Changes

KOF has been the subject of a number of recent analyst reports. The Goldman Sachs Group increased their price target on Coca Cola Femsa from $97.00 to $111.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. JPMorgan Chase & Co. increased their price target on Coca Cola Femsa from $110.00 to $114.00 and gave the stock a “neutral” rating in a report on Tuesday, May 26th. Wall Street Zen upgraded Coca Cola Femsa from a “hold” rating to a “buy” rating in a report on Saturday, February 14th. Bradesco Corretora upgraded Coca Cola Femsa to an “outperform” rating and set a $124.00 price target for the company in a report on Wednesday, February 11th. Finally, Bank of America reiterated a “buy” rating on shares of Coca Cola Femsa in a report on Monday, March 2nd. Four equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Coca Cola Femsa presently has an average rating of “Moderate Buy” and a consensus price target of $115.00.

Coca Cola Femsa Price Performance

Coca Cola Femsa stock opened at $106.42 on Friday. Coca Cola Femsa S.A.B. de C.V. has a 52 week low of $80.22 and a 52 week high of $116.36. The company’s 50 day moving average price is $103.63 and its two-hundred day moving average price is $100.86. The company has a quick ratio of 0.91, a current ratio of 1.10 and a debt-to-equity ratio of 0.56. The stock has a market cap of $178.86 billion, a P/E ratio of 17.92, a P/E/G ratio of 1.29 and a beta of 0.53.

Coca Cola Femsa (NYSE:KOF) last posted its earnings results on Tuesday, March 31st. The company reported $1.16 EPS for the quarter. Coca Cola Femsa had a net margin of 7.84% and a return on equity of 15.40%. On average, equities analysts predict that Coca Cola Femsa S.A.B. de C.V. will post 6.8 earnings per share for the current year.

Coca Cola Femsa Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 1st. Stockholders of record on Monday, April 20th were paid a dividend of $1.0873 per share. This represents a $4.35 annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Monday, April 20th. This is an increase from Coca Cola Femsa’s previous quarterly dividend of $1.00. Coca Cola Femsa’s dividend payout ratio (DPR) is 66.67%.

Coca Cola Femsa Profile

Coca‑Cola FEMSA (NYSE: KOF) is a large multinational beverage bottler and distributor operating primarily in Mexico and across multiple markets in Latin America. As a principal franchise bottler for The Coca‑Cola Company, the firm is responsible for producing, packaging, marketing and distributing Coca‑Cola branded beverages and a wide range of nonalcoholic drinks to retail and foodservice customers throughout its territories.

The company’s product portfolio includes carbonated soft drinks, bottled water, juices, ready‑to‑drink teas and coffees, sports and energy drinks, and other noncarbonated beverages.