The Coca-Cola Co (NYSE:KO) SVP Nancy Quan sold 10,000 shares of the firm’s stock in a transaction on Monday, January 13th. The shares were sold at an average price of $46.00, for a total value of $460,000.00. Following the sale, the senior vice president now directly owns 175,049 shares of the company’s stock, valued at approximately $8,052,254. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Nancy Quan also recently made the following trade(s):

  • On Wednesday, October 30th, Nancy Quan sold 24,000 shares of The Coca-Cola stock. The shares were sold at an average price of $53.90, for a total value of $1,293,600.00.

KO stock opened at $56.70 on Thursday. 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 stock has a market capitalization of $239.93 billion, a price-to-earnings ratio of 27.26, a PEG ratio of 3.81 and a beta of 0.42. The business’s fifty day moving average price is $54.65 and its two-hundred day moving average price is $53.75. The Coca-Cola Co has a fifty-two week low of $44.42 and a fifty-two week high of $56.98.

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

Hedge funds have recently bought and sold shares of the business. LFA Lugano Financial Advisors SA bought a new position in The Coca-Cola during the 4th quarter worth $31,000. Quantum Capital Management bought a new position in The Coca-Cola during the 3rd quarter worth $34,000. Simon Quick Advisors LLC increased its position in shares of The Coca-Cola by 128.9% in the fourth quarter. Simon Quick Advisors LLC now owns 673 shares of the company’s stock worth $37,000 after purchasing an additional 379 shares during the period. KCS Wealth Advisory bought a new position in shares of The Coca-Cola in the third quarter worth $41,000. Finally, Proffitt & Goodson Inc. bought a new position in shares of The Coca-Cola in the third quarter worth $44,000. Hedge funds and other institutional investors own 67.54% of the company’s stock.

Several equities research analysts have issued reports on the company. Guggenheim set a $59.00 price target on The Coca-Cola and gave the company a “buy” rating in a report on Friday, October 18th. Credit Suisse Group raised The Coca-Cola from a “neutral” rating to an “outperform” rating and raised their price target for the company from $54.00 to $64.00 in a report on Thursday, January 9th. ValuEngine downgraded The Coca-Cola from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Morgan Stanley reaffirmed a “buy” rating and set a $60.00 price target on shares of The Coca-Cola in a report on Tuesday, October 29th. Finally, BMO Capital Markets raised their price target on The Coca-Cola from $52.00 to $55.00 and gave the company a “market perform” rating in a report on Monday, October 21st. Seven analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The Coca-Cola has a consensus rating of “Buy” and a consensus price target of $57.05.

About The Coca-Cola

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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