The Coca-Cola Company (KO) Stake Lifted by Moody Lynn & Lieberson LLC

Moody Lynn & Lieberson LLC lifted its holdings in The Coca-Cola Company (NYSE:KO) by 19.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 52,323 shares of the company’s stock after buying an additional 8,496 shares during the period. Moody Lynn & Lieberson LLC’s holdings in The Coca-Cola were worth $2,481,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. Aperio Group LLC boosted its position in The Coca-Cola by 5.6% during the fourth quarter. Aperio Group LLC now owns 2,200,776 shares of the company’s stock valued at $100,972,000 after purchasing an additional 117,588 shares during the last quarter. Telemus Capital LLC boosted its position in The Coca-Cola by 175.9% during the fourth quarter. Telemus Capital LLC now owns 52,370 shares of the company’s stock valued at $2,402,000 after purchasing an additional 33,389 shares during the last quarter. Cedar Capital LLC boosted its position in The Coca-Cola by 20.7% during the fourth quarter. Cedar Capital LLC now owns 10,389 shares of the company’s stock valued at $477,000 after purchasing an additional 1,784 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its position in The Coca-Cola by 17.7% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 10,062 shares of the company’s stock valued at $462,000 after purchasing an additional 1,510 shares during the last quarter. Finally, Welch Group LLC boosted its position in The Coca-Cola by 6.5% during the fourth quarter. Welch Group LLC now owns 84,183 shares of the company’s stock valued at $3,862,000 after purchasing an additional 5,171 shares during the last quarter. 66.15% of the stock is owned by institutional investors and hedge funds.

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In related news, CFO Kathy N. Waller sold 23,240 shares of the business’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 transaction, the chief financial officer now directly owns 123,796 shares in the company, valued at $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 business’s stock in a transaction dated Tuesday, January 23rd. The shares were 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 have sold 124,523 shares of company stock worth $5,885,511 over the last 90 days. Corporate insiders own 1.48% of the company’s stock.

Shares of The Coca-Cola stock traded down $0.48 during trading on Friday, reaching $43.92. The company’s stock had a trading volume of 11,495,075 shares, compared to its average volume of 12,834,890. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.25 and a current ratio of 1.34. The firm has a market capitalization of $187,358.58, a PE ratio of 22.99, a PEG ratio of 2.55 and a beta of 0.72. The Coca-Cola Company has a one year low of $42.19 and a one year high of $48.62.

The Coca-Cola (NYSE:KO) last posted its quarterly earnings data on Friday, February 16th. The company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.01. The business had revenue of $7.51 billion for the quarter, compared to analyst estimates of $7.36 billion. The Coca-Cola had a return on equity of 38.36% and a net margin of 3.52%. The firm’s revenue for the quarter was down 20.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.37 earnings per share. research analysts forecast that The Coca-Cola Company will post 2.09 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 2nd. Stockholders of record on Thursday, March 15th were paid a $0.39 dividend. The ex-dividend date was Wednesday, March 14th. This is a positive change from The Coca-Cola’s previous quarterly dividend of $0.37. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.55%. The Coca-Cola’s payout ratio is presently 81.68%.

A number of analysts recently issued reports on the company. BMO Capital Markets reissued a “market perform” rating and set a $48.00 price objective (up previously from $47.00) on shares of The Coca-Cola in a research report on Friday, February 16th. Susquehanna Bancshares set a $45.00 price objective on The Coca-Cola and gave the company a “hold” rating in a research report on Wednesday, December 20th. Jefferies Group reissued a “neutral” rating and set a $49.00 price objective on shares of The Coca-Cola in a research report on Tuesday, February 20th. Vetr raised The Coca-Cola from a “hold” rating to a “buy” rating and set a $47.68 price objective for the company in a research report on Monday, December 11th. Finally, Goldman Sachs set a $49.00 price target on The Coca-Cola and gave the stock a “sell” rating in a research report on Wednesday, January 10th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and twelve have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $49.21.

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The Coca-Cola Profile

The Coca-Cola Company, a beverage company, manufactures and distributes various nonalcoholic beverages worldwide. The company provides water, enhanced water, and sports drinks; juices; juice, dairy, and plant?based beverages; teas and coffees; and energy drinks. It also offers concentrates, syrups, beverage bases, source waters, and powders/minerals, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores.

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

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