The Coca-Cola Co (KO) Shares Sold by EagleClaw Capital Managment LLC

EagleClaw Capital Managment LLC cut its position in shares of The Coca-Cola Co (NYSE:KO) by 11.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,164 shares of the company’s stock after selling 2,650 shares during the quarter. EagleClaw Capital Managment LLC’s holdings in The Coca-Cola were worth $913,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Atlantic Trust LLC lifted its stake in The Coca-Cola by 1.4% in the second quarter. Atlantic Trust LLC now owns 6,304 shares of the company’s stock valued at $283,000 after buying an additional 89 shares during the last quarter. Noesis Capital Mangement Corp lifted its stake in The Coca-Cola by 1.0% in the second quarter. Noesis Capital Mangement Corp now owns 8,680 shares of the company’s stock valued at $389,000 after buying an additional 90 shares during the last quarter. Patriot Financial Group Insurance Agency LLC lifted its stake in The Coca-Cola by 0.6% in the second quarter. Patriot Financial Group Insurance Agency LLC now owns 16,963 shares of the company’s stock valued at $753,000 after buying an additional 95 shares during the last quarter. Financial Advisory Service Inc. lifted its stake in The Coca-Cola by 0.4% in the second quarter. Financial Advisory Service Inc. now owns 26,389 shares of the company’s stock valued at $1,184,000 after buying an additional 100 shares during the last quarter. Finally, Pacific Center for Financial Services lifted its stake in The Coca-Cola by 1.4% in the second quarter. Pacific Center for Financial Services now owns 7,422 shares of the company’s stock valued at $333,000 after buying an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 65.34% of the company’s stock.

In other The Coca-Cola news, CFO Kathy N. Waller sold 23,240 shares of the firm’s stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $46.15, for a total transaction of $1,072,526.00. Following the completion of the sale, the chief financial officer now directly owns 123,796 shares in the company, valued at approximately $5,713,185.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Ed Hays sold 84,400 shares of the firm’s stock in a transaction dated Tuesday, January 23rd. The stock was sold at an average price of $47.50, for a total value of $4,009,000.00. The disclosure for this sale can be found here. Insiders sold a total of 122,640 shares of company stock worth $5,800,776 in the last three months. 1.51% of the stock is currently owned by company insiders.

A number of equities research analysts have issued reports on KO shares. Evercore ISI upgraded The Coca-Cola from an “in-line” rating to an “outperform” rating and raised their target price for the company from $46.04 to $55.00 in a research note on Friday, January 12th. Royal Bank of Canada set a $56.00 target price on The Coca-Cola and gave the company a “buy” rating in a research note on Tuesday, January 2nd. Wells Fargo & Co upgraded The Coca-Cola from a “market perform” rating to an “outperform” rating and raised their target price for the company from $46.72 to $51.00 in a research note on Tuesday, November 14th. Deutsche Bank started coverage on The Coca-Cola in a research note on Wednesday, December 13th. They issued a “buy” rating and a $52.00 target price on the stock. Finally, Vetr upgraded The Coca-Cola from a “hold” rating to a “buy” rating and set a $47.68 target price on the stock in a research note on Monday, December 11th. Two analysts have rated the stock with a sell rating, fourteen have given a hold rating and eleven have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $49.01.

The Coca-Cola Co (KO) opened at $44.19 on Wednesday. The firm has a market capitalization of $187,341.53, a PE ratio of 23.26, a P/E/G ratio of 3.54 and a beta of 0.70. The Coca-Cola Co has a 12 month low of $40.22 and a 12 month high of $48.62. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.39 and a quick ratio of 1.30.

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About The Coca-Cola

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.

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

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