The Coca-Cola Co (KO) Lifted to B at TheStreet

Coca Cola Solar Farm web

Coca Cola Solar Farm web

Barclays PLC set a $45.00 target price on shares of The Coca-Cola and gave the stock a "neutral" rating in a report on Monday. The firm presently has a "neutral" rating on the stock.

Looking at this figure it suggests that the shares of The Coca-Cola Company (KO) may be overvalued, however, this can also depend upon the situation of the market; if the market is strong then it could suggest that The Coca-Cola Company (KO) is a good investment, however if the market is weaker then it could suggest that the shares are undervalued. Wells Fargo & Co lowered The Coca-Cola from an outperform rating to a market perform rating and boosted their price target for the company from $41.05 to $41.29 in a research note on Thursday, January 19th. BMO Capital Markets restated a "buy" rating and issued a $45.00 price target on shares of The Coca-Cola in a report on Wednesday, March 22nd. Finally, Royal Bank of Canada reissued a buy rating and issued a $49.00 price target on shares of The Coca-Cola in a research report on Monday, April 24th. Butensky & Cohen Financial Security Inc. now owns 47,091 shares of the company's stock valued at $1,993,000 after buying an additional 240 shares in the last quarter. The Coca-Cola now has an average rating of "Hold" and a consensus target price of $44.54.

Shares of The Coca-Cola Co (NYSE:KO) opened at 43.93 on Thursday. Inc. now owns 139,135 shares of the company's stock worth $5,905,000 after buying an additional 7,418 shares in the last quarter. The company's market cap is GBX 7.98 billion. Coca Cola HBC AG has a 52 week low of GBX 1,286.00 and a 52 week high of GBX 2,206.00. The stock price increased 0.18% or $-0.08 versus $43.85 at the end of the prior session. The Coca-Cola also saw unusually large options trading activity on Tuesday. Stock investors purchased 24,058 call options on the company. This is an increase of approximately 246% compared to the average daily volume of 6,950 call options.

The Coca-Cola (NYSE:KO) last announced its quarterly earnings results on Tuesday, April 25th. The company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.44 by $0.01. The firm had revenue of $9.12 billion for the quarter, compared to the consensus estimate of $8.85 billion. The Coca-Cola had a net margin of 15.59% and a return on equity of 32.94%. The firm's quarterly revenue was down 11.3% compared to the same quarter past year. On average, equities research analysts forecast that The Coca-Cola Co will post $1.88 EPS for the current year.

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The firm also recently disclosed a dividend, which will be paid on Tuesday, July 25th. Shareholders of record on Thursday, June 15th will be issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 3.37%. The ex-dividend date is Tuesday, June 13th.

Now the P/E of The Coca-Cola Company stands at 30.78. Also, insider J Alexander Douglas, Jr. sold 22,000 shares of The Coca-Cola stock in a transaction on Wednesday, May 3rd. The shares were sold at an average price of $43.25, for a total value of $951,500.00. Following the completion of the sale, the insider now owns 319,436 shares in the company, valued at $13,815,607. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

In other news, insider Brian John Smith sold 87,800 shares of The Coca-Cola stock in a transaction on Wednesday, May 10th. The shares were sold at an average price of $43.43, for a total transaction of $3,813,154.00. Following the transaction, the insider now directly owns 149,185 shares in the company, valued at approximately $6,479,104.55. The disclosure for this sale can be found here. FMR LLC now owns 68,883,459 shares of the company's stock valued at $2,923,414,000 after buying an additional 1,667,696 shares in the last quarter.

Want to see what other hedge funds are holding KO? Inc. continued to hold its stake in The Coca-Cola Co (NYSE:KO) during the first quarter, Holdings Channel reports. State of New Jersey Common Pension Fund D boosted its position in shares of The Coca-Cola by 50.8% in the third quarter. Signature Estate & Investment Advisors LLC raised its position in The Coca-Cola by 5.0% in the first quarter. Northern Trust Corp now owns 50,093,237 shares of the company's stock worth $2,119,945,000 after buying an additional 1,704,510 shares during the last quarter. Brighton Jones LLC now owns 17,817 shares of the company's stock worth $756,000 after buying an additional 9,417 shares in the last quarter. Finally, SRS Capital Advisors Inc. purchased a new position in The Coca-Cola during the fourth quarter valued at approximately $127,000.

Institutional investors have recently added to or reduced their stakes in the company.

The Coca-Cola Company (KO) belongs to the "Consumer Goods" sector with an industry focus on "Beverages - Soft Drinks", with Mr. James Robert B. Quincey as Chief Exec. Officer, Pres and Director.

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