Noticeable Runner: The Coca-Cola Company (NYSE:KO)

Nick Sanchez
March 4, 2017

The stock has a consensus rating of "Hold" and a consensus target price of $44.68. Vanguard Group Inc. now owns 273,897,295 shares of the company's stock worth $12,415,764,000 after buying an additional 5,478,675 shares during the period. Its Senior Vice President Eberly Ceree sold 42,800 company shares for 1739820, in a transaction on 2017-02-13. For the quarter, the forecasted EPS stands at $0.44. RFG Advisory Group LLC bought a new position in The Coca-Cola during the fourth quarter worth approximately $208,000. The corporation showed significant change in the EPS section with its current EPS of 2.14.

01/09/2017 - Barclays began new coverage on Coca-Cola Company (The) giving the company a "equal weight" rating. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eleven have assigned a buy rating to the stock. The Coca-Cola Co probably will achieve EPS of $1.88 in next year. Jolley Asset Management LLC now owns 4,493 shares of the company's stock worth $204,000 after buying an additional 775 shares in the last quarter. Institutional investors own 63.92% of the company's stock.

The Coca-Cola Co (NYSE:KO) opened at 42.47 on Friday. 9,255,850 shares of the company's stock were exchanged.

KO stock's price is now -7.68% down from its 52-week high and +6.49% up from its 52-week low. The company has a market cap of $182.34 billion, a P/E ratio of 28.50 and a beta of 0.69. According to their observations and findings, the stock could provide a high EPS of $0.6/share and a Low EPS of $0.55/share. According to the Analysts, the Low Earnings estimate for the current quarter is $0.42, while the High earnings estimate is $0.46.Comparatively, EPS for the same quarter past year was $0.47. Checchi Capital Advisers LLC raised its position in Coca-Cola Company (The) by 1.4% in the second quarter. The firm earned $10.60 billion during the quarter, compared to analyst estimates of $10.47 billion. The Coca-Cola had a net margin of 15.59% and a return on equity of 32.94%. They are projecting Next Quarter growth of -5%. The quarterly EPS projection is set at $0.44 for the period ending on 2017-03-31. The ex-dividend date of this dividend is Monday, March 13th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.41%.

A number of brokerages have recently weighed in on KO. They now have a United States dollars 50 price target on the stock. Wells Fargo & Company restated a "neutral" rating on shares of Coca-Cola Company (The) in a report on Friday, January 20th. KO Senior VP, General Counsel Goepelt Bernhard also sold 8,943 shares, at a stock price of $41.75.

02/10/2017 - Coca-Cola Company (The) had its "hold" rating reiterated by analysts at Jefferies.

12/13/2016 - Coca-Cola Company (The) was downgraded to "hold" by analysts at Deutsche Bank.

Sell-side analyst recommendations point to a short term price target of $43.58 on the shares of The Coca-Cola Company (KO). A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

This transaction follows the October 26, 2016 announcement by The Coca-Cola Company that it reached definitive agreement with Coca-Cola Florida to purchase nine distribution centers and four cold-fill production facilities in North and South Florida.

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