Coca Cola Femsa S.A.B. de C.V. (KOF) Shares Bought by Russell Investments Group Ltd.

Russell Investments Group Ltd. raised its position in Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF) by 105.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 167,027 shares of the company’s stock after buying an additional 85,893 shares during the period. Russell Investments Group Ltd. owned about 0.08% of Coca Cola Femsa worth $12,881,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the stock. Wells Fargo & Company MN boosted its holdings in Coca Cola Femsa by 4.0% in the 2nd quarter. Wells Fargo & Company MN now owns 9,827 shares of the company’s stock worth $832,000 after buying an additional 378 shares during the last quarter. BNP Paribas Arbitrage SA boosted its holdings in Coca Cola Femsa by 35.3% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 2,056 shares of the company’s stock worth $174,000 after buying an additional 536 shares during the last quarter. TD Asset Management Inc. boosted its holdings in Coca Cola Femsa by 7.4% in the 2nd quarter. TD Asset Management Inc. now owns 8,496 shares of the company’s stock worth $721,000 after buying an additional 583 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp boosted its holdings in Coca Cola Femsa by 8.3% in the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 10,759 shares of the company’s stock worth $911,000 after buying an additional 828 shares during the last quarter. Finally, Pring Turner Capital Group Inc. boosted its holdings in Coca Cola Femsa by 3.5% in the 2nd quarter. Pring Turner Capital Group Inc. now owns 33,065 shares of the company’s stock worth $2,800,000 after buying an additional 1,110 shares during the last quarter. Institutional investors own 6.72% of the company’s stock.

Several equities research analysts recently issued reports on KOF shares. BidaskClub cut Coca Cola Femsa from a “buy” rating to a “hold” rating in a report on Thursday, August 10th. Zacks Investment Research cut Coca Cola Femsa from a “buy” rating to a “hold” rating in a report on Wednesday, September 13th. Citigroup upgraded Coca Cola Femsa from a “sell” rating to a “neutral” rating in a report on Thursday, October 26th. UBS upgraded Coca Cola Femsa from an “underperform” rating to a “market perform” rating in a report on Thursday, November 9th. Finally, Credit Suisse Group cut Coca Cola Femsa from an “outperform” rating to a “neutral” rating and set a $128.00 target price on the stock. in a report on Friday, November 17th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company. Coca Cola Femsa currently has a consensus rating of “Hold” and a consensus price target of $99.67.

Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF) opened at $68.37 on Friday. The firm has a market capitalization of $14,191.07, a P/E ratio of 20.08, a PEG ratio of 0.99 and a beta of 0.93. Coca Cola Femsa S.A.B. de C.V. has a twelve month low of $59.44 and a twelve month high of $91.85. The company has a current ratio of 1.28, a quick ratio of 1.01 and a debt-to-equity ratio of 0.56.

The business also recently announced a semiannual dividend, which was paid on Monday, November 13th. Stockholders of record on Monday, November 6th were issued a dividend of $0.8759 per share. This represents a dividend yield of 2.49%. The ex-dividend date of this dividend was Friday, November 3rd. Coca Cola Femsa’s dividend payout ratio is currently 51.32%.

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About Coca Cola Femsa

Coca-Cola FEMSA, SAB. de C.V. is a franchise bottler of Coca-Cola trademark beverages across the world. The Company and its subsidiaries are engaged in the production, distribution and marketing of certain Coca-Cola beverages. It is also engaged in acquiring, holding and transferring all types of bonds, shares and marketable securities.

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

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