ORG Wealth Companions LLC bought a brand new place in The Coca-Cola Firm (NYSE:KO – Free Report) within the third quarter, based on the corporate in its most up-to-date Type 13F submitting with the Securities & Trade Fee. The institutional investor bought 800 shares of the corporate’s inventory, valued at roughly $58,000.
Different giant traders additionally not too long ago modified their holdings of the corporate. New Millennium Group LLC acquired a brand new stake in Coca-Cola within the second quarter value roughly $26,000. Quarry LP purchased a brand new stake in shares of Coca-Cola within the 2nd quarter value $27,000. ESL Belief Providers LLC acquired a brand new stake in shares of Coca-Cola within the first quarter valued at $28,000. Redmont Wealth Advisors LLC purchased a brand new place in Coca-Cola throughout the first quarter valued at about $28,000. Lastly, DiNuzzo Non-public Wealth Inc. raised its place in Coca-Cola by 65.0% within the first quarter. DiNuzzo Non-public Wealth Inc. now owns 523 shares of the corporate’s inventory value $32,000 after buying a further 206 shares within the final quarter. 70.26% of the inventory is owned by institutional traders and hedge funds.
Coca-Cola Buying and selling Up 0.0 %
NYSE KO opened at $70.36 on Wednesday. The corporate has a present ratio of 1.08, a fast ratio of 0.92 and a debt-to-equity ratio of 1.39. The Coca-Cola Firm has a 1-year low of $52.84 and a 1-year excessive of $73.53. The agency’s fifty day easy shifting common is $70.60 and its 200-day easy shifting common is $65.59. The corporate has a market capitalization of $303.11 billion, a PE ratio of 28.14, a price-to-earnings-growth ratio of three.92 and a beta of 0.60.
Coca-Cola (NYSE:KO – Get Free Report) final posted its quarterly earnings outcomes on Tuesday, July twenty third. The corporate reported $0.84 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.03. Coca-Cola had a return on fairness of 43.62% and a internet margin of twenty-two.92%. The corporate had income of $12.40 billion throughout the quarter, in comparison with the consensus estimate of $11.78 billion. Throughout the identical interval final yr, the enterprise earned $0.78 EPS. The enterprise’s quarterly income was up 3.3% on a year-over-year foundation. As a gaggle, sell-side analysts anticipate that The Coca-Cola Firm will publish 2.85 earnings per share for the present fiscal yr.
Coca-Cola Broadcasts Dividend
The agency additionally not too long ago declared a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of document on Friday, September thirteenth had been issued a dividend of $0.485 per share. The ex-dividend date of this dividend was Friday, September thirteenth. This represents a $1.94 dividend on an annualized foundation and a dividend yield of two.76%. Coca-Cola’s dividend payout ratio is at present 77.60%.
Insider Exercise
In different Coca-Cola information, EVP Nancy Quan offered 18,484 shares of the inventory in a transaction on Tuesday, August twenty seventh. The shares had been offered at a median value of $71.50, for a complete transaction of $1,321,606.00. Following the transaction, the chief vice chairman now instantly owns 223,330 shares of the corporate’s inventory, valued at $15,968,095. This represents a 0.00 % lower of their possession of the inventory. The transaction was disclosed in a submitting with the SEC, which is out there by means of the SEC web site. In associated information, EVP Nancy Quan offered 18,484 shares of the enterprise’s inventory in a transaction that occurred on Tuesday, August twenty seventh. The inventory was offered at a median value of $71.50, for a complete worth of $1,321,606.00. Following the completion of the sale, the chief vice chairman now instantly owns 223,330 shares within the firm, valued at roughly $15,968,095. The commerce was a 0.00 % lower of their place. The transaction was disclosed in a doc filed with the Securities & Trade Fee, which is out there by means of this hyperlink. Additionally, CEO James Quincey offered 102,533 shares of the inventory in a transaction that occurred on Wednesday, August twenty first. The shares had been offered at a median value of $70.02, for a complete worth of $7,179,360.66. Following the transaction, the chief government officer now owns 442,546 shares within the firm, valued at roughly $30,987,070.92. This commerce represents a 0.00 % lower of their place. The disclosure for this sale will be discovered right here. Within the final 90 days, insiders have offered 356,792 shares of firm inventory value $24,728,364. 0.97% of the inventory is owned by company insiders.
Analyst Upgrades and Downgrades
A number of equities analysts have not too long ago weighed in on the inventory. Truist Monetary raised their value goal on shares of Coca-Cola from $65.00 to $70.00 and gave the corporate a “purchase” ranking in a analysis report on Thursday, July twenty fifth. Deutsche Financial institution Aktiengesellschaft upped their value goal on Coca-Cola from $64.00 to $65.00 and gave the corporate a “maintain” ranking in a report on Wednesday, July twenty fourth. Barclays raised their value goal on Coca-Cola from $70.00 to $74.00 and gave the inventory an “chubby” ranking in a analysis notice on Friday, October eleventh. JPMorgan Chase & Co. upped their goal value on Coca-Cola from $68.00 to $72.00 and gave the corporate an “chubby” ranking in a report on Wednesday, July tenth. Lastly, BNP Paribas started protection on Coca-Cola in a analysis notice on Monday, June twenty fourth. They issued an “outperform” ranking and a $72.00 value goal on the inventory. 5 equities analysis analysts have rated the inventory with a maintain ranking, twelve have issued a purchase ranking and one has issued a powerful purchase ranking to the corporate’s inventory. In response to MarketBeat.com, the corporate at present has a consensus ranking of “Reasonable Purchase” and a consensus goal value of $71.33.
Verify Out Our Newest Inventory Evaluation on KO
Coca-Cola Firm Profile
The Coca-Cola Firm, a beverage firm, manufactures, markets, and sells varied nonalcoholic drinks worldwide. The corporate supplies glowing comfortable drinks, glowing flavors; water, sports activities, espresso, and tea; juice, value-added dairy, and plant-based drinks; and different drinks. It additionally presents beverage concentrates and syrups, in addition to fountain syrups to fountain retailers, akin to eating places and comfort shops.
Featured Tales
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