Tpg Group Holdings (Sbs) Advisors Inc. owns 45.86 million shares or 12.37% of their United States portfolio. More interesting news about The Coca-Cola Co (NYSE:KO) were released by: Nasdaq.com and their article: "Taylor Asset Management Inc Buys Cliffs Natural Resources Inc, MBIA Inc, Coca ..." published on August 09, 2017 as well as Nasdaq.com's news article titled: "Zacks.com featured highlights: Apptio, Barnes Group, Fortive Corp., Coca-Cola ..." with publication date: August 02, 2017. SG Americas Securities LLC purchased a new position in Coca-Cola European Partners PLC during the second quarter worth about $120,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of CCE. As of the end of the quarter Martingale Asset Management L P had acquired 1,200 shares growing its stake by 7.6%. Signature Estate & Investment Advisors LLC boosted its stake in Coca-Cola Company (The) by 5.0% in the first quarter. Guinness Asset Management Ltd now owns 232,940 shares of the company's stock valued at $9,886,000 after buying an additional 27,560 shares during the last quarter. US Bancorp DE now owns 40,993 shares of the company's stock worth $1,667,000 after buying an additional 612 shares during the period. As of the end of the quarter Renaissance Technologies LLC had disposed of 9,473 shares trimming its stake by 25.4%. Following the transaction, the insider now owns 118,000 shares in the company, valued at $5,333,600. Finally, Feltz Wealth PLAN Inc. bought a new stake in shares of Coca-Cola Company (The) during the first quarter worth approximately $150,000.
Institutional investors now hold around $126.23 billion or 65.2% in KO stock.
The company is so far trading up by 0.33 percent from yesterday's close. The firm has a 50 day moving average price of $45.14 and a 200-day moving average price of $43.57. Two analysts have made estimates for Coca-Cola European Partners PLC's earnings, with the lowest sales estimate coming in at $3.37 billion and the highest estimate coming in at $3.46 billion.
Coca-Cola Company (The) now has a P/E ratio of 48.30 and market cap is 195.10B. Coca-Cola European Partners plc (CCE) is intriguing when broken down to its core data. The company had revenue of $3.05 billion for the quarter, compared to analyst estimates of $2.77 billion. During the same period a year ago, the firm posted $0.60 EPS. The business's quarterly revenue was down 15.9% compared to the same quarter a year ago. During the same period past year, the company posted $0.56 EPS.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 2nd. Stockholders of record on Friday, September 15th will be issued a dividend of $0.37 per share. The dividend yield will be $3.25. The ex-dividend date of this dividend is Wednesday, July 26th. Coca-Cola Company (The)'s dividend payout ratio is 154.17%.
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A number of analysts have recently issued reports on the company. Finally, BidaskClub downgraded shares of Coca-Cola Company (The) from a "hold" rating to a "sell" rating in a research note on Thursday, July 13th. BMO Capital Markets maintained The Coca-Cola Co (NYSE:KO) on Monday, July 31 with "Market Perform" rating. Zacks Investment Research raised Coca-Cola Company (The) from a "sell" rating to a "buy" rating and set a $48.00 price objective for the company in a report on Friday, April 21st. The company presently has a consensus rating of "Hold" and an average price target of $43.88. UBS AG restated a "buy" rating and issued a $44.00 price objective (up previously from $42.00) on shares of Coca-Cola European Partners PLC in a research report on Friday, May 5th.
Equity analyst Daiwa Capital began coverage of the stock giving it an initial rating of "Outperform". The company now has an average rating of Hold and a consensus target price of $45.62.
In related news, insider Beatriz R. Perez sold 29,282 shares of the stock in a transaction that occurred on Wednesday, June 14th. The shares were sold at an average price of $45.00, for a total value of $15,936,570.00. Insiders own 1.51% of the company's stock. Also, insider Irial Finan sold 354,146 shares of the stock in a transaction that occurred on Wednesday, May 24th. Sell-side analyst recommendations point to a short term price target of $€38.14 on the company shares. Following the completion of the sale, the insider now owns 780,258 shares in the company, valued at approximately $35,111,610.