The Coca-Cola Co (NYSE:KO) COO Brian John Smith sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $56.00, for a total transaction of $1,400,000.00. Following the completion of the transaction, the chief operating officer now owns 139,302 shares in the company, valued at approximately $7,800,912. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Shares of The Coca-Cola stock traded up $0.70 during trading on Wednesday, reaching $56.70. 16,846,286 shares of the company traded hands, compared to its average volume of 12,942,681. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.92 and a quick ratio of 0.79. The Coca-Cola Co has a 1-year low of $44.42 and a 1-year high of $56.29. The company has a 50 day moving average price of $54.59 and a 200-day moving average price of $53.72. The firm has a market capitalization of $239.50 billion, a PE ratio of 27.26, a P/E/G ratio of 3.78 and a beta of 0.42.

The Coca-Cola (NYSE:KO) last released its earnings results on Friday, October 18th. The company reported $0.56 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.56. The Coca-Cola had a net margin of 22.41% and a return on equity of 45.21%. The company had revenue of $9.51 billion for the quarter, compared to the consensus estimate of $9.42 billion. During the same quarter in the previous year, the company earned $0.57 EPS. The Coca-Cola’s quarterly revenue was up 8.3% compared to the same quarter last year. Equities research analysts expect that The Coca-Cola Co will post 2.1 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 2nd were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.82%. The Coca-Cola’s payout ratio is presently 76.92%.

A number of research analysts have recently issued reports on the stock. Wells Fargo & Co set a $60.00 price target on shares of The Coca-Cola and gave the stock a “buy” rating in a research report on Monday, October 21st. Morgan Stanley restated a “buy” rating and issued a $60.00 price target on shares of The Coca-Cola in a research report on Tuesday, October 29th. ValuEngine downgraded shares of The Coca-Cola from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Evercore ISI restated a “buy” rating and issued a $60.00 price target on shares of The Coca-Cola in a research report on Sunday, November 17th. Finally, UBS Group upgraded shares of The Coca-Cola from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $55.00 to $63.00 in a research report on Wednesday, October 23rd. Seven analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $57.05.

Several institutional investors have recently added to or reduced their stakes in KO. Pictet Asset Management Ltd. increased its stake in The Coca-Cola by 14.2% during the 2nd quarter. Pictet Asset Management Ltd. now owns 3,112,703 shares of the company’s stock valued at $158,499,000 after purchasing an additional 386,299 shares in the last quarter. Bernardo Wealth Planning LLC increased its stake in The Coca-Cola by 56.7% during the 2nd quarter. Bernardo Wealth Planning LLC now owns 8,398 shares of the company’s stock valued at $428,000 after purchasing an additional 3,038 shares in the last quarter. Private Advisor Group LLC increased its stake in The Coca-Cola by 1.4% during the 2nd quarter. Private Advisor Group LLC now owns 251,549 shares of the company’s stock valued at $12,576,000 after purchasing an additional 3,418 shares in the last quarter. QCI Asset Management Inc. NY increased its stake in The Coca-Cola by 4.4% during the 2nd quarter. QCI Asset Management Inc. NY now owns 8,890 shares of the company’s stock valued at $453,000 after purchasing an additional 375 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in The Coca-Cola by 1.4% during the 2nd quarter. Vanguard Group Inc. now owns 308,293,644 shares of the company’s stock valued at $15,698,312,000 after purchasing an additional 4,225,080 shares in the last quarter. Institutional investors own 67.54% of the company’s stock.

The Coca-Cola Company Profile

The Coca-Cola Company, a beverage company, manufactures and distributes various nonalcoholic beverages worldwide. The company provides sparkling soft drinks; water, enhanced water, and sports drinks; juice, dairy, and plant-based beverages; teas and coffees; and energy drinks. It also offers concentrates, syrups, beverage bases, source waters, and powders/minerals, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores.

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Insider Buying and Selling by Quarter for The Coca-Cola (NYSE:KO)

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