Traders sold shares of Coca-Cola Company (The) (NYSE:KO) on strength during trading on Thursday. $54.85 million flowed into the stock on the tick-up and $119.13 million flowed out of the stock on the tick-down, for a money net flow of $64.28 million out of the stock. Of all stocks tracked, Coca-Cola Company (The) had the 12th highest net out-flow for the day. Coca-Cola Company (The) traded up $0.02 for the day and closed at $45.52

KO has been the topic of a number of recent research reports. Sanford C. Bernstein set a $49.00 target price on Coca-Cola Company (The) and gave the company a “buy” rating in a research note on Tuesday, July 11th. Vetr upgraded Coca-Cola Company (The) from a “sell” rating to a “strong-buy” rating in a research note on Tuesday, September 12th. Daiwa Capital Markets initiated coverage on Coca-Cola Company (The) in a research note on Tuesday, June 13th. They issued an “outperform” rating and a $48.60 target price on the stock. Royal Bank Of Canada restated a “buy” rating and issued a $49.00 target price on shares of Coca-Cola Company (The) in a research note on Wednesday, September 6th. Finally, BidaskClub downgraded Coca-Cola Company (The) from a “buy” rating to a “hold” rating in a research note on Saturday, July 1st. Two equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $46.12.

The stock has a market capitalization of $194.16 billion, a PE ratio of 48.07 and a beta of 0.70. The company’s 50-day moving average is $45.72 and its 200-day moving average is $44.66. Coca-Cola Company (The) also was the recipient of unusually large options trading activity on Monday. Stock investors purchased 7,760 put options on the stock. This represents an increase of 284% compared to the typical volume of 2,020 put options.

Coca-Cola Company (The) (NYSE:KO) last issued its quarterly earnings data on Wednesday, July 26th. The company reported $0.59 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.57 by $0.02. The firm 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 business’s revenue for the quarter was down 15.9% compared to the same quarter last year. During the same period last year, the business posted $0.60 earnings per share. Equities analysts expect that Coca-Cola Company will post $1.90 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 2nd. Shareholders of record on Friday, September 15th were given a dividend of $0.37 per share. The ex-dividend date of this dividend was Thursday, September 14th. This represents a $1.48 annualized dividend and a yield of 3.25%. Coca-Cola Company (The)’s dividend payout ratio (DPR) is presently 154.17%.

In other news, SVP Beatriz R. Perez sold 10,000 shares of Coca-Cola Company (The) 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 completion of the sale, the senior vice president now directly owns 98,718 shares in the company, valued at $4,541,028. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Francisco Crespo sold 7,700 shares of Coca-Cola Company (The) stock in a transaction that occurred on Friday, July 28th. The shares were sold at an average price of $46.01, for a total transaction of $354,277.00. Following the completion of the sale, the insider now owns 29,943 shares of the company’s stock, valued at $1,377,677.43. The disclosure for this sale can be found here. Insiders have sold 366,835 shares of company stock valued at $16,874,246 over the last 90 days. Company insiders own 1.51% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Cambridge Advisors Inc. raised its position in shares of Coca-Cola Company (The) by 0.3% in the second quarter. Cambridge Advisors Inc. now owns 8,137 shares of the company’s stock valued at $365,000 after buying an additional 26 shares in the last quarter. Alpha Windward LLC raised its position in shares of Coca-Cola Company (The) by 0.4% in the second quarter. Alpha Windward LLC now owns 7,693 shares of the company’s stock valued at $345,000 after buying an additional 34 shares in the last quarter. Lyell Wealth Management LP raised its position in shares of Coca-Cola Company (The) by 0.6% in the second quarter. Lyell Wealth Management LP now owns 7,950 shares of the company’s stock valued at $359,000 after buying an additional 50 shares in the last quarter. Regentatlantic Capital LLC raised its position in shares of Coca-Cola Company (The) by 0.4% in the second quarter. Regentatlantic Capital LLC now owns 15,826 shares of the company’s stock valued at $710,000 after buying an additional 64 shares in the last quarter. Finally, Vigilant Capital Management LLC raised its position in shares of Coca-Cola Company (The) by 1.9% in the second quarter. Vigilant Capital Management LLC now owns 3,593 shares of the company’s stock valued at $161,000 after buying an additional 68 shares in the last quarter. Institutional investors own 64.62% of the company’s stock.

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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.

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