Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF) has been assigned an average rating of “Hold” from the nine ratings firms that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and three have given a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $106.00.

KOF has been the subject of a number of analyst reports. BidaskClub downgraded shares of Coca Cola Femsa S.A.B. de C.V. from a “strong-buy” rating to a “buy” rating in a research note on Thursday, August 3rd. Zacks Investment Research downgraded shares of Coca Cola Femsa S.A.B. de C.V. from a “buy” rating to a “hold” rating in a research note on Wednesday, September 13th. Citigroup Inc. raised shares of Coca Cola Femsa S.A.B. de C.V. from a “sell” rating to a “neutral” rating in a research note on Thursday, October 26th. Finally, UBS AG raised shares of Coca Cola Femsa S.A.B. de C.V. from an “underperform” rating to a “market perform” rating in a research note on Thursday, November 9th.

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Shares of Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF) traded up $0.33 during midday trading on Friday, reaching $69.23. 51,670 shares of the company were exchanged, compared to its average volume of 91,668. Coca Cola Femsa S.A.B. de C.V. has a fifty-two week low of $59.44 and a fifty-two week high of $91.85. The company has a market capitalization of $13,907.08, a P/E ratio of 19.67, a PEG ratio of 0.97 and a beta of 0.91. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.28 and a quick ratio of 1.01.

The business also recently declared a semiannual dividend, which was paid on Monday, November 13th. Shareholders of record on Monday, November 6th were issued a $0.8759 dividend. This represents a yield of 2.49%. The ex-dividend date was Friday, November 3rd. Coca Cola Femsa S.A.B. de C.V.’s payout ratio is 51.32%.

A number of large investors have recently bought and sold shares of KOF. Morgan Stanley grew its holdings in Coca Cola Femsa S.A.B. de C.V. by 48.6% in the first quarter. Morgan Stanley now owns 74,326 shares of the company’s stock worth $5,329,000 after purchasing an additional 24,307 shares during the period. Bank of America Corp DE grew its holdings in Coca Cola Femsa S.A.B. de C.V. by 312.8% in the first quarter. Bank of America Corp DE now owns 70,267 shares of the company’s stock worth $5,037,000 after purchasing an additional 53,245 shares during the period. Aperio Group LLC grew its holdings in Coca Cola Femsa S.A.B. de C.V. by 8.6% in the second quarter. Aperio Group LLC now owns 58,855 shares of the company’s stock worth $4,983,000 after purchasing an additional 4,654 shares during the period. Manning & Napier Advisors LLC acquired a new stake in Coca Cola Femsa S.A.B. de C.V. in the second quarter worth $2,087,000. Finally, Acadian Asset Management LLC grew its holdings in Coca Cola Femsa S.A.B. de C.V. by 984.2% in the second quarter. Acadian Asset Management LLC now owns 89,878 shares of the company’s stock worth $7,612,000 after purchasing an additional 81,588 shares during the period. Institutional investors and hedge funds own 6.68% of the company’s stock.

Coca Cola Femsa S.A.B. de C.V. Company Profile

Coca-Cola FEMSA, SAB. de C.V. is a franchise bottler of Coca-Cola trademark beverages across the world. The Company and its subsidiaries are engaged in the production, distribution and marketing of certain Coca-Cola beverages. It is also engaged in acquiring, holding and transferring all types of bonds, shares and marketable securities.

Analyst Recommendations for Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF)

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