3 days Ago By ABMN Staff
Meeder Asset Management Inc. reduced its stake in The Coca-Cola Company ( NYSE:KO – Free Report ) by 90.0% during the second quarter, Holdings Channel.
com reports. The firm owned 662 shares of the company’s stock after selling 5,972 shares during the quarter. Meeder Asset Management Inc.
’s holdings in Coca-Cola were worth $42,000 as of its most recent filing with the SEC. A number of other institutional investors also recently bought and sold shares of KO. Ullmann Wealth Partners Group LLC raised its holdings in Coca-Cola by 6.
9% during the second quarter. Ullmann Wealth Partners Group LLC now owns 7,901 shares of the company’s stock valued at $503,000 after acquiring an additional 512 shares during the period. D Orazio & Associates Inc.
raised its holdings in Coca-Cola by 26.2% during the second quarter. D Orazio & Associates Inc.
now owns 10,215 shares of the company’s stock valued at $650,000 after acquiring an additional 2,119 shares during the period. Main Street Financial Solutions LLC raised its holdings in Coca-Cola by 6.7% during the second quarter.
Main Street Financial Solutions LLC now owns 45,812 shares of the company’s stock valued at $2,916,000 after acquiring an additional 2,893 shares during the period. Vest Financial LLC raised its holdings in Coca-Cola by 15.1% during the second quarter.
Vest Financial LLC now owns 765,803 shares of the company’s stock valued at $48,743,000 after acquiring an additional 100,379 shares during the period. Finally, Nelson Capital Management LLC raised its holdings in Coca-Cola by 0.7% during the second quarter.
Nelson Capital Management LLC now owns 34,991 shares of the company’s stock valued at $2,227,000 after acquiring an additional 240 shares during the period. 70.26% of the stock is owned by institutional investors.
Insider Buying and Selling In other Coca-Cola news, EVP Nancy Quan sold 18,484 shares of the firm’s stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of $71.50, for a total transaction of $1,321,606.
00. Following the transaction, the executive vice president now owns 223,330 shares of the company’s stock, valued at approximately $15,968,095. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website .
In other Coca-Cola news, EVP Lisa Chang sold 58,122 shares of the firm’s stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $68.51, for a total transaction of $3,981,938.
22. Following the transaction, the executive vice president now owns 74,067 shares of the company’s stock, valued at approximately $5,074,330.17.
The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website . Also, EVP Nancy Quan sold 18,484 shares of the firm’s stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of $71.
50, for a total transaction of $1,321,606.00. Following the transaction, the executive vice president now directly owns 223,330 shares in the company, valued at approximately $15,968,095.
The disclosure for this sale can be found here . Insiders have sold 974,715 shares of company stock valued at $579,704,927 in the last 90 days. Company insiders own 0.
97% of the company’s stock. Wall Street Analyst Weigh In Get Our Latest Stock Report on Coca-Cola Coca-Cola Trading Up 0.3 % KO stock opened at $71.
41 on Monday. The company has a market capitalization of $307.77 billion, a PE ratio of 28.
56, a P/E/G ratio of 3.93 and a beta of 0.60.
The Coca-Cola Company has a 12 month low of $51.55 and a 12 month high of $73.53.
The firm’s 50-day moving average is $68.28 and its 200 day moving average is $63.95.
The company has a debt-to-equity ratio of 1.39, a current ratio of 1.08 and a quick ratio of 0.
92. Coca-Cola ( NYSE:KO – Get Free Report ) last posted its quarterly earnings results on Tuesday, July 23rd. The company reported $0.
84 EPS for the quarter, topping the consensus estimate of $0.81 by $0.03.
The company had revenue of $12.40 billion for the quarter, compared to the consensus estimate of $11.78 billion.
Coca-Cola had a net margin of 22.92% and a return on equity of 43.62%.
The firm’s revenue was up 3.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.
78 EPS. On average, research analysts anticipate that The Coca-Cola Company will post 2.85 EPS for the current year.
Coca-Cola Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 1st. Investors of record on Friday, September 13th will be paid a $0.485 dividend.
This represents a $1.94 annualized dividend and a yield of 2.72%.
The ex-dividend date is Friday, September 13th. Coca-Cola’s dividend payout ratio is presently 77.60%.
About Coca-Cola ( Free Report ) The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks, sparkling flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages; and other beverages. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores.
Featured Stories Want to see what other hedge funds are holding KO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Coca-Cola Company ( NYSE:KO – Free Report ). Receive News & Ratings for Coca-Cola Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coca-Cola and related companies with MarketBeat.
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