Burt Wealth Advisors boosted its position in Coca-Cola Company (The) (NYSE:KO) by 4.3% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 7,032 shares of the company’s stock after purchasing an additional 292 shares during the period. Burt Wealth Advisors’ holdings in Coca-Cola Company (The) were worth $315,000 as of its most recent filing with the SEC.

A number of other large investors have also recently modified their holdings of the stock. Cambridge Advisors Inc. lifted its stake in Coca-Cola Company (The) by 0.3% in the 2nd quarter. Cambridge Advisors Inc. now owns 8,137 shares of the company’s stock valued at $365,000 after purchasing an additional 26 shares during the last quarter. Alpha Windward LLC lifted its stake in Coca-Cola Company (The) by 0.4% in the 2nd quarter. Alpha Windward LLC now owns 7,693 shares of the company’s stock valued at $345,000 after purchasing an additional 34 shares during the last quarter. Lyell Wealth Management LP lifted its stake in Coca-Cola Company (The) by 0.6% in the 2nd quarter. Lyell Wealth Management LP now owns 7,950 shares of the company’s stock valued at $359,000 after purchasing an additional 50 shares during the last quarter. Regentatlantic Capital LLC lifted its stake in Coca-Cola Company (The) by 0.4% in the 2nd quarter. Regentatlantic Capital LLC now owns 15,826 shares of the company’s stock valued at $710,000 after purchasing an additional 64 shares during the last quarter. Finally, Vigilant Capital Management LLC lifted its stake in Coca-Cola Company (The) by 1.9% in the 2nd quarter. Vigilant Capital Management LLC now owns 3,593 shares of the company’s stock valued at $161,000 after purchasing an additional 68 shares during the last quarter. Institutional investors and hedge funds own 65.09% of the company’s stock.

Shares of Coca-Cola Company (KO) opened at $45.46 on Tuesday. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.39 and a quick ratio of 1.30. Coca-Cola Company has a 1 year low of $39.88 and a 1 year high of $47.48. The firm has a market cap 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 (The) (NYSE:KO) last released its quarterly earnings results on Wednesday, October 25th. The company reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $0.01. Coca-Cola Company (The) had a net margin of 12.20% and a return on equity of 36.21%. The company had revenue of $9.08 billion during the quarter, compared to the consensus estimate of $8.73 billion. During the same period in the previous year, the business earned $0.49 earnings per share. The firm’s quarterly revenue was down 14.6% on a year-over-year basis. analysts predict that Coca-Cola Company will post 1.9 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be paid a $0.37 dividend. The ex-dividend date is Thursday, November 30th. This represents a $1.48 dividend on an annualized basis and a yield of 3.26%. Coca-Cola Company (The)’s dividend payout ratio (DPR) is 140.95%.

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In related 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 shares were sold at an average price of $46.09, for a total value of $15,578,834.81. Following the transaction, 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 legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.51% of the company’s stock.

Several brokerages recently issued reports on KO. Zacks Investment Research downgraded shares of Coca-Cola Company (The) from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st. Goldman Sachs Group, Inc. (The) set a $45.00 target price on shares of Coca-Cola Company (The) and gave the company a “sell” rating in a research note on Wednesday, November 15th. BidaskClub upgraded shares of Coca-Cola Company (The) from a “sell” rating to a “hold” rating in a research note on Monday, July 31st. Cowen and Company reiterated a “hold” rating and issued a $42.00 target price on shares of Coca-Cola Company (The) in a research note on Thursday, August 24th. Finally, J P Morgan Chase & Co set a $49.00 target price on shares of Coca-Cola Company (The) and gave the company a “neutral” rating in a research note on Thursday, November 16th. Two analysts have rated the stock with a sell rating, sixteen have given a hold rating and nine have issued a buy rating to the company. Coca-Cola Company (The) currently has an average rating of “Hold” and a consensus price target of $47.71.

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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