OLD Second National Bank of Aurora lifted its stake in Coca-Cola Company (The) (NYSE:KO) by 4.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,537 shares of the company’s stock after purchasing an additional 260 shares during the period. OLD Second National Bank of Aurora’s holdings in Coca-Cola Company (The) were worth $248,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the stock. Berkshire Asset Management LLC PA raised its stake in Coca-Cola Company (The) by 1.4% in the second quarter. Berkshire Asset Management LLC PA now owns 412,694 shares of the company’s stock valued at $18,509,000 after buying an additional 5,873 shares in the last quarter. Investment Partners Ltd. OH ADV raised its stake in Coca-Cola Company (The) by 1.4% in the second quarter. Investment Partners Ltd. OH ADV now owns 31,687 shares of the company’s stock valued at $1,421,000 after buying an additional 437 shares in the last quarter. First Citizens Bank & Trust Co. raised its stake in Coca-Cola Company (The) by 10.5% in the second quarter. First Citizens Bank & Trust Co. now owns 81,989 shares of the company’s stock valued at $3,678,000 after buying an additional 7,812 shares in the last quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH raised its stake in Coca-Cola Company (The) by 448.9% in the second quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 698,235 shares of the company’s stock valued at $31,243,000 after buying an additional 571,036 shares in the last quarter. Finally, Osborne Partners Capital Management LLC raised its stake in Coca-Cola Company (The) by 2.2% in the second quarter. Osborne Partners Capital Management LLC now owns 104,737 shares of the company’s stock valued at $4,697,000 after buying an additional 2,295 shares in the last quarter. Hedge funds and other institutional investors own 64.68% of the company’s stock.

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A number of analysts have weighed in on KO shares. Barclays PLC set a $45.00 price target on Coca-Cola Company (The) and gave the company a “neutral” rating in a research note on Wednesday, July 19th. Royal Bank Of Canada restated a “buy” rating and issued a $49.00 price target on shares of Coca-Cola Company (The) in a research note on Wednesday, September 6th. UBS AG raised their price target on Coca-Cola Company (The) from $49.00 to $51.00 and gave the company a “buy” rating in a research note on Thursday, July 27th. Citigroup Inc. set a $53.00 price target on Coca-Cola Company (The) and gave the company a “buy” rating in a research note on Thursday, August 3rd. Finally, BidaskClub cut Coca-Cola Company (The) from a “hold” rating to a “sell” rating in a research note on Thursday, July 13th. Two equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. Coca-Cola Company (The) has an average rating of “Hold” and an average price target of $45.79.

In other news, VP Kathy N. Waller sold 8,952 shares of the stock in a transaction that occurred on Thursday, August 10th. The shares were sold at an average price of $45.77, for a total value of $409,733.04. Following the completion of the transaction, the vice president now directly owns 109,508 shares in the company, valued at $5,012,181.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Beatriz R. Perez sold 29,282 shares of the stock in a transaction that occurred on Wednesday, June 14th. The shares were sold at an average price of $45.20, for a total transaction of $1,323,546.40. Following the completion of the transaction, the insider now owns 118,000 shares of the company’s stock, valued at $5,333,600. The disclosure for this sale can be found here. Insiders sold 396,117 shares of company stock valued at $18,197,793 over the last quarter. Insiders own 1.51% of the company’s stock.

Shares of Coca-Cola Company (NYSE KO) traded up 0.320% during midday trading on Tuesday, hitting $46.669. The stock had a trading volume of 3,937,913 shares. Coca-Cola Company has a one year low of $39.88 and a one year high of $46.75. The firm has a 50 day moving average of $45.71 and a 200-day moving average of $44.23. The company has a market cap of $199.06 billion, a P/E ratio of 49.281 and a beta of 0.71.

Coca-Cola Company (The) (NYSE:KO) last posted its quarterly earnings data on Wednesday, July 26th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.02. The business had revenue of $9.70 billion during the quarter, compared to analysts’ expectations of $9.62 billion. Coca-Cola Company (The) had a net margin of 10.68% and a return on equity of 34.53%. The business’s revenue was down 15.9% on a year-over-year basis. During the same period last year, the firm posted $0.60 earnings per share. On average, analysts forecast that Coca-Cola Company will post $1.90 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 2nd. Stockholders of record on Friday, September 15th will be issued a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 3.18%. The ex-dividend date is Thursday, September 14th. Coca-Cola Company (The)’s dividend payout ratio (DPR) is presently 154.17%.

Coca-Cola Company (The) Profile

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 Coca-Cola Company (The) (NYSE:KO)

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