Boston Family Office LLC lessened its position in shares of Coca-Cola Company (The) (NYSE:KO) by 0.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 90,345 shares of the company’s stock after selling 377 shares during the quarter. Boston Family Office LLC’s holdings in Coca-Cola Company (The) were worth $4,052,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of KO. Jennison Associates LLC acquired a new position in Coca-Cola Company (The) during the 2nd quarter valued at approximately $14,154,000. Financial Advisors Network Inc. increased its stake in Coca-Cola Company (The) by 0.7% during the 2nd quarter. Financial Advisors Network Inc. now owns 16,440 shares of the company’s stock valued at $737,000 after purchasing an additional 117 shares in the last quarter. BB&T Securities LLC increased its stake in Coca-Cola Company (The) by 22.4% during the 2nd quarter. BB&T Securities LLC now owns 1,031,724 shares of the company’s stock valued at $46,273,000 after purchasing an additional 188,535 shares in the last quarter. Security National Trust Co. increased its stake in Coca-Cola Company (The) by 1.1% during the 2nd quarter. Security National Trust Co. now owns 53,766 shares of the company’s stock valued at $2,410,000 after purchasing an additional 602 shares in the last quarter. Finally, Blair William & Co. IL increased its stake in Coca-Cola Company (The) by 8.5% during the 2nd quarter. Blair William & Co. IL now owns 351,246 shares of the company’s stock valued at $15,753,000 after purchasing an additional 27,641 shares in the last quarter. Hedge funds and other institutional investors own 64.92% of the company’s stock.

KO has been the topic of a number of recent analyst reports. Vetr upgraded shares of Coca-Cola Company (The) from a “sell” rating to a “strong-buy” rating in a research note on Tuesday, September 12th. Zacks Investment Research upgraded shares of Coca-Cola Company (The) from a “hold” rating to a “buy” rating and set a $52.00 price target on the stock in a research note on Friday, October 27th. Royal Bank Of Canada restated a “buy” rating and set a $49.00 price target on shares of Coca-Cola Company (The) in a research note on Wednesday, September 6th. Jefferies Group LLC restated a “hold” rating and set a $47.00 price target on shares of Coca-Cola Company (The) in a research note on Thursday, September 7th. Finally, Sanford C. Bernstein set a $49.00 price target on shares of Coca-Cola Company (The) and gave the company a “buy” rating in a research note on Monday, July 17th. Two research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and eight have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $47.16.

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Coca-Cola Company (NYSE KO) opened at $46.72 on Tuesday. The company has a current ratio of 1.39, a quick ratio of 1.30 and a debt-to-equity ratio of 1.47. The stock has a market cap of $198,291.45, a price-to-earnings ratio of 24.62, a price-to-earnings-growth ratio of 3.94 and a beta of 0.70. Coca-Cola Company has a twelve month low of $39.88 and a twelve month high of $46.98.

Coca-Cola Company (The) (NYSE:KO) last posted its quarterly earnings data on Wednesday, October 25th. The company reported $0.50 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.49 by $0.01. The business had revenue of $9.08 billion for the quarter, compared to the consensus estimate of $8.73 billion. Coca-Cola Company (The) had a net margin of 12.20% and a return on equity of 36.21%. The company’s revenue was down 14.6% compared to the same quarter last year. During the same period last year, the firm posted $0.49 earnings per share. equities research analysts predict that Coca-Cola Company will post 1.9 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 3.17%. The ex-dividend date is Thursday, November 30th. Coca-Cola Company (The)’s dividend payout ratio (DPR) is 140.95%.

In other news, insider Brian John Smith sold 100,000 shares of the stock in a transaction dated Wednesday, August 16th. The shares were sold at an average price of $46.10, for a total value of $4,610,000.00. Following the completion of the sale, the insider now directly owns 136,385 shares in the company, valued at $6,287,348.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider J Alexander Douglas, Jr. sold 338,009 shares of the stock in a transaction dated Wednesday, November 8th. The shares were sold at an average price of $46.09, for a total transaction of $15,578,834.81. Following the completion of the sale, the insider now owns 320,013 shares of the company’s stock, valued at $14,749,399.17. The disclosure for this sale can be found here. 1.51% of the stock is owned by corporate insiders.

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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