Hyman Charles D increased its position in shares of The Coca-Cola Company (NYSE:KO) by 0.5% in the 1st quarter, HoldingsChannel.com reports. The firm owned 259,508 shares of the company’s stock after purchasing an additional 1,175 shares during the quarter. Hyman Charles D’s holdings in The Coca-Cola were worth $13,679,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the stock. GW Henssler & Associates Ltd. lifted its holdings in The Coca-Cola by 2.4% during the 1st quarter. GW Henssler & Associates Ltd. now owns 294,873 shares of the company’s stock worth $15,543,000 after purchasing an additional 6,944 shares during the last quarter. Regent Peak Wealth Advisors LLC lifted its holdings in The Coca-Cola by 9.4% during the 1st quarter. Regent Peak Wealth Advisors LLC now owns 54,369 shares of the company’s stock worth $2,865,000 after purchasing an additional 4,668 shares during the last quarter. JustInvest LLC raised its holdings in The Coca-Cola by 60.6% in the 1st quarter. JustInvest LLC now owns 39,528 shares of the company’s stock valued at $2,084,000 after acquiring an additional 14,922 shares in the last quarter. Crossvault Capital Management LLC raised its holdings in The Coca-Cola by 5.7% in the 1st quarter. Crossvault Capital Management LLC now owns 63,875 shares of the company’s stock valued at $3,367,000 after acquiring an additional 3,458 shares in the last quarter. Finally, Raab & Moskowitz Asset Management LLC raised its holdings in The Coca-Cola by 14.4% in the 1st quarter. Raab & Moskowitz Asset Management LLC now owns 38,706 shares of the company’s stock valued at $2,040,000 after acquiring an additional 4,874 shares in the last quarter. 65.99% of the stock is owned by institutional investors and hedge funds.

In other news, VP Kathy Loveless sold 501 shares of The Coca-Cola stock in a transaction that occurred on Friday, March 19th. The shares were sold at an average price of $50.46, for a total transaction of $25,280.46. Following the completion of the transaction, the vice president now directly owns 10,224 shares in the company, valued at $515,903.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Alfredo Rivera sold 20,000 shares of The Coca-Cola stock in a transaction that occurred on Tuesday, March 9th. The shares were sold at an average price of $51.15, for a total transaction of $1,023,000.00. Following the transaction, the insider now owns 62,000 shares of the company’s stock, valued at $3,171,300. The disclosure for this sale can be found here. Insiders have sold a total of 220,501 shares of company stock worth $11,883,380 over the last ninety days. Company insiders own 1.01% of the company’s stock.

Several equities analysts have weighed in on KO shares. Citigroup lifted their price objective on The Coca-Cola from $54.00 to $57.00 in a report on Tuesday, April 20th. Sanford C. Bernstein started coverage on The Coca-Cola in a report on Tuesday, January 19th. They issued an “outperform” rating and a $58.00 price objective for the company. Wolfe Research started coverage on The Coca-Cola in a report on Monday, April 12th. They issued a “peer perform” rating for the company. Evercore ISI lifted their price objective on The Coca-Cola from $60.00 to $63.00 and gave the company an “outperform” rating in a report on Tuesday, April 20th. Finally, Morgan Stanley lifted their price target on The Coca-Cola from $55.00 to $60.00 and gave the company an “overweight” rating in a research note on Monday, April 26th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the company. The Coca-Cola has a consensus rating of “Buy” and an average target price of $57.69.

KO stock traded down $0.28 during midday trading on Tuesday, reaching $54.20. 387,667 shares of the stock were exchanged, compared to its average volume of 17,970,572. The stock has a market capitalization of $233.69 billion, a PE ratio of 28.38, a P/E/G ratio of 5.70 and a beta of 0.58. The Coca-Cola Company has a 52 week low of $43.20 and a 52 week high of $54.93. The company has a debt-to-equity ratio of 1.94, a current ratio of 1.13 and a quick ratio of 1.01. The company has a fifty day moving average price of $52.90 and a 200 day moving average price of $51.54.

The Coca-Cola (NYSE:KO) last issued its quarterly earnings data on Sunday, April 18th. The company reported $0.55 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $0.05. The business had revenue of $9 billion for the quarter, compared to analyst estimates of $8.58 billion. The Coca-Cola had a return on equity of 41.37% and a net margin of 24.90%. The Coca-Cola’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.51 EPS. As a group, analysts anticipate that The Coca-Cola Company will post 1.88 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 1st. Investors of record on Tuesday, June 15th will be given a dividend of $0.42 per share. The ex-dividend date is Monday, June 14th. This represents a $1.68 dividend on an annualized basis and a yield of 3.10%. The Coca-Cola’s dividend payout ratio is currently 79.62%.

The Coca-Cola Profile

The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks; water, enhanced water, and sports drinks; juice, dairy, and plantÂ-based beverages; tea and coffee; and energy drinks. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores.

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

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