1 week Ago By ABMN Staff
Arrowstreet Capital Limited Partnership boosted its position in Coca-Cola FEMSA, S.A.B.
de C.V. ( NYSE:KOF – Free Report ) by 46.
6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 102,856 shares of the company’s stock after purchasing an additional 32,674 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in Coca-Cola FEMSA were worth $8,011,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in KOF. JPMorgan Chase & Co. increased its stake in shares of Coca-Cola FEMSA by 90.
5% in the 3rd quarter. JPMorgan Chase & Co. now owns 796,574 shares of the company’s stock worth $70,672,000 after acquiring an additional 378,325 shares in the last quarter.
Sanctuary Advisors LLC increased its stake in shares of Coca-Cola FEMSA by 17.4% during the fourth quarter. Sanctuary Advisors LLC now owns 19,587 shares of the company’s stock valued at $1,562,000 after purchasing an additional 2,902 shares in the last quarter.
Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Coca-Cola FEMSA by 570.
2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd.
now owns 4,953 shares of the company’s stock valued at $386,000 after purchasing an additional 4,214 shares during the last quarter. Robeco Institutional Asset Management B.V.
boosted its position in shares of Coca-Cola FEMSA by 14.7% in the 4th quarter. Robeco Institutional Asset Management B.
V. now owns 1,226,032 shares of the company’s stock worth $95,496,000 after purchasing an additional 157,530 shares in the last quarter. Finally, HighTower Advisors LLC grew its stake in shares of Coca-Cola FEMSA by 43.
3% in the 3rd quarter. HighTower Advisors LLC now owns 4,844 shares of the company’s stock worth $428,000 after buying an additional 1,464 shares during the last quarter. Analyst Ratings Changes KOF has been the subject of a number of recent research reports.
StockNews.com cut Coca-Cola FEMSA from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, April 2nd. Barclays lifted their price target on Coca-Cola FEMSA from $99.
00 to $105.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 4th. Seven research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $104.
00. Coca-Cola FEMSA Stock Performance KOF stock opened at $93.01 on Monday.
The stock’s 50 day simple moving average is $86.00 and its 200 day simple moving average is $83.29.
The company has a current ratio of 1.14, a quick ratio of 0.94 and a debt-to-equity ratio of 0.
47. Coca-Cola FEMSA, S.A.
B. de C.V.
has a 12-month low of $72.68 and a 12-month high of $102.28.
The stock has a market capitalization of $156.32 billion, a PE ratio of 15.79, a price-to-earnings-growth ratio of 0.
62 and a beta of 0.58. Coca-Cola FEMSA ( NYSE:KOF – Get Free Report ) last announced its quarterly earnings results on Friday, February 21st.
The company reported $1.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.51 by $0.
22. Coca-Cola FEMSA had a return on equity of 15.99% and a net margin of 8.
12%. The firm had revenue of $3.76 billion for the quarter, compared to the consensus estimate of $3.
49 billion. As a group, research analysts forecast that Coca-Cola FEMSA, S.A.
B. de C.V.
will post 5.7 earnings per share for the current fiscal year. Coca-Cola FEMSA Profile ( Free Report ) Coca-Cola FEMSA, SAB.
de C.V., a franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay.
The company offers sparkling beverages, including colas and flavored sparkling beverages; waters; other non-carbonated beverages comprising juice drinks, coffee, teas, milk, value-added dairy products, sports and energy drinks, and plant-based drinks; and alcoholic beverages, such as hard seltzer under the Topo Chico brand name. Read More Want to see what other hedge funds are holding KOF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Coca-Cola FEMSA, S.
A.B. de C.
V. ( NYSE:KOF – Free Report ). Receive News & Ratings for Coca-Cola FEMSA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coca-Cola FEMSA and related companies with MarketBeat.
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