NN Investment Partners Holdings N.V. lifted its holdings in shares of Coca-Cola Company (The) (NYSE:KO) by 4.6% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 447,733 shares of the company’s stock after buying an additional 19,557 shares during the period. NN Investment Partners Holdings N.V.’s holdings in Coca-Cola Company (The) were worth $20,081,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in KO. Delta Asset Management LLC TN lifted its position in Coca-Cola Company (The) by 0.4% in the first quarter. Delta Asset Management LLC TN now owns 27,161 shares of the company’s stock valued at $1,152,000 after purchasing an additional 96 shares during the period. New England Research & Management Inc. lifted its position in Coca-Cola Company (The) by 0.8% in the second quarter. New England Research & Management Inc. now owns 13,193 shares of the company’s stock valued at $592,000 after purchasing an additional 100 shares during the period. SignalPoint Asset Management LLC lifted its position in Coca-Cola Company (The) by 1.2% in the first quarter. SignalPoint Asset Management LLC now owns 10,222 shares of the company’s stock valued at $434,000 after purchasing an additional 125 shares during the period. Signature Estate & Investment Advisors LLC lifted its position in Coca-Cola Company (The) by 5.0% in the first quarter. Signature Estate & Investment Advisors LLC now owns 2,725 shares of the company’s stock valued at $116,000 after purchasing an additional 129 shares during the period. Finally, Baystate Wealth Management LLC lifted its position in Coca-Cola Company (The) by 3.3% in the first quarter. Baystate Wealth Management LLC now owns 4,544 shares of the company’s stock valued at $195,000 after purchasing an additional 144 shares during the period. Institutional investors and hedge funds own 64.62% of the company’s stock.

Coca-Cola Company (NYSE:KO) traded up 0.773% during mid-day trading on Thursday, reaching $44.985. 3,868,906 shares of the company’s stock traded hands. Coca-Cola Company has a 52-week low of $39.88 and a 52-week high of $46.98. The company has a 50-day moving average of $45.85 and a 200-day moving average of $44.43. The company has a market capitalization of $191.87 billion, a price-to-earnings ratio of 47.503 and a beta of 0.71.

Coca-Cola Company (The) (NYSE:KO) last issued its quarterly earnings results on Wednesday, July 26th. The company reported $0.59 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.57 by $0.02. The business had revenue of $9.70 billion during the quarter, compared to the consensus estimate of $9.62 billion. Coca-Cola Company (The) had a net margin of 10.68% and a return on equity of 34.53%. The firm’s quarterly revenue was down 15.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.60 EPS. Equities research analysts expect that Coca-Cola Company will post $1.90 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Investors of record on Friday, September 15th will be given a $0.37 dividend. The ex-dividend date is Thursday, September 14th. This represents a $1.48 annualized dividend and a dividend yield of 3.32%. Coca-Cola Company (The)’s dividend payout ratio (DPR) is presently 154.17%.

A number of equities research analysts recently commented on KO shares. Zacks Investment Research upgraded shares of Coca-Cola Company (The) from a “hold” rating to a “buy” rating and set a $51.00 price objective for the company in a research report on Tuesday, June 27th. Sanford C. Bernstein set a $49.00 price objective on shares of Coca-Cola Company (The) and gave the company a “buy” rating in a research report on Tuesday, July 11th. Credit Suisse Group restated a “buy” rating and issued a $49.00 price objective on shares of Coca-Cola Company (The) in a research report on Monday, July 24th. UBS AG raised their price objective on shares of Coca-Cola Company (The) from $49.00 to $51.00 and gave the company a “buy” rating in a research report on Thursday, July 27th. Finally, Royal Bank Of Canada restated a “buy” rating and issued a $49.00 price objective on shares of Coca-Cola Company (The) in a research report on Wednesday, August 2nd. Two research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $46.12.

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In other Coca-Cola Company (The) news, SVP Beatriz R. Perez sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, July 27th. The shares were sold at an average price of $46.00, for a total value of $460,000.00. Following the transaction, the senior vice president now owns 98,718 shares in the company, valued at approximately $4,541,028. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Mark Randazza sold 24,156 shares of the company’s stock in a transaction that occurred on Thursday, July 27th. The shares were sold at an average price of $46.01, for a total transaction of $1,111,417.56. Following the completion of the transaction, the insider now owns 26,567 shares in the company, valued at approximately $1,222,347.67. The disclosure for this sale can be found here. In the last 90 days, insiders sold 366,835 shares of company stock valued at $16,874,246. 1.51% of the stock is owned by insiders.

Coca-Cola Company (The) Company 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.

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

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