Ifrah Financial Services Inc. continued to hold its position in Coca-Cola Company (The) (NYSE:KO) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,610 shares of the company’s stock at the close of the second quarter. Ifrah Financial Services Inc.’s holdings in Coca-Cola Company (The) were worth $431,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Signature Estate & Investment Advisors LLC lifted its stake in shares of Coca-Cola Company (The) by 5.0% during the 1st quarter. Signature Estate & Investment Advisors LLC now owns 2,725 shares of the company’s stock worth $116,000 after purchasing an additional 129 shares during the last quarter. Meeder Asset Management Inc. lifted its stake in shares of Coca-Cola Company (The) by 59.4% during the 2nd quarter. Meeder Asset Management Inc. now owns 2,754 shares of the company’s stock worth $124,000 after purchasing an additional 1,026 shares during the last quarter. Eagle Ridge Investment Management purchased a new stake in shares of Coca-Cola Company (The) during the 2nd quarter worth $138,000. SRS Capital Advisors Inc. lifted its stake in shares of Coca-Cola Company (The) by 8.6% during the 1st quarter. SRS Capital Advisors Inc. now owns 3,326 shares of the company’s stock worth $141,000 after purchasing an additional 264 shares during the last quarter. Finally, Perkins Coie Trust Co lifted its stake in shares of Coca-Cola Company (The) by 21.9% during the 2nd quarter. Perkins Coie Trust Co now owns 3,180 shares of the company’s stock worth $143,000 after purchasing an additional 572 shares during the last quarter. 65.09% of the stock is currently owned by institutional investors and hedge funds.

In other news, insider J Alexander Douglas, Jr. sold 338,009 shares of Coca-Cola Company (The) stock in a transaction that occurred on Wednesday, November 8th. The stock was sold at an average price of $46.09, for a total value of $15,578,834.81. Following the sale, the insider now directly owns 320,013 shares of the company’s stock, valued at $14,749,399.17. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.51% of the company’s stock.

Shares of Coca-Cola Company (KO) opened at $45.71 on Monday. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.39 and a quick ratio of 1.30. The stock has a market capitalization of $194,755.08, a P/E ratio of 24.18, a PEG ratio of 3.87 and a beta of 0.70. Coca-Cola Company has a 12 month low of $39.88 and a 12 month high of $47.48.

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

The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 3.24%. The ex-dividend date is Thursday, November 30th. Coca-Cola Company (The)’s dividend payout ratio is presently 140.95%.

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A number of research firms have commented on KO. Jefferies Group LLC set a $47.00 price target on Coca-Cola Company (The) and gave the company a “neutral” rating in a research note on Friday, October 13th. Royal Bank Of Canada reiterated 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. 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. UBS AG increased 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. Finally, increased their price target on Coca-Cola Company (The) from $50.00 to $52.00 and gave the company a “buy” rating in a research note on Wednesday, September 27th. Two research analysts have rated the stock with a sell rating, sixteen have given a hold rating and nine have given a buy rating to the company. Coca-Cola Company (The) currently has a consensus rating of “Hold” and an average price target of $47.54.

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.

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

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