Coca-Cola unwraps new sustainable packaging strategy

Share

It fall, as 76 investors sold KO shares while 623 reduced holdings.

Arete Wealth Advisors Llc decreased Coca Cola Co (KO) stake by 75.06% reported in 2016Q4 SEC filing. The Coca-Cola Company (KO) shares have been seen trading -3.37% off its 52 week- peak value and changed 11.61% from its 52 week-bottom price value. Glenview Capital Management LLC now owns 4,321,074 shares of the company's stock worth $162,861,000 after buying an additional 2,307,013 shares during the last quarter. Federated Investors Inc. PA increased its stake in Coca-Cola Company (The) by 40.5% in the fourth quarter. Amarillo National Bank owns 4,905 shares worth $220,000.

Earlier this year the Scottish government announced plans to trial a bottle deposit scheme in support of its strategy for becoming a zero waste economy - a move which secured support from Coca-Cola. The dividend payment was $0.370 per share for the quarter which is $1.48 annualized. First Citizens Financial Bank & Tru Company has 0.48% invested in The Coca-Cola Co (NYSE:KO). Wells Fargo & Company MN now owns 1,713,537 shares of the company's stock worth $64,583,000 after buying an additional 998,524 shares during the last quarter. Whalerock Point Partners LLC increased its stake in Coca-Cola Company (The) by 1.7% in the fourth quarter. Because of these issues, institutional investors seldom invest in low-float stocks. It improved, as 2 investors sold Coca-Cola European Partners plc Ordinary Shares shares while 0 reduced holdings.

Coca-Cola European Partners plc (NYSE:CCE) Beverages - Soft Drinks has a Price Earning Ratio of 25.26, which in return shows a value of 15.79 on the Forward PE Ratio. Coca-Cola Company has a 12-month low of $39.88 and a 12-month high of $46.06. CCE is The Coca-Cola Company's strategic bottling partner in Western Europe. The company reported $0.43 EPS for the quarter, missing the Zacks' consensus estimate of $0.44 by $0.01. The business had revenue of $9.12 billion during the quarter, compared to analyst estimates of $8.85 billion. Coca-Cola European Partners PLC had a return on equity of 15.29% and a net margin of 6.35%. The company will also be putting a new recycling message on bottles this year and promoting recycling to six million people at festivals and events. Next quarter's EPS is estimated at $0.80 with next year's EPS projected to be $2.68. Analysts forecast that Coca-Cola European Partners PLC will post $2.40 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, July 3rd.

Coca-Cola European Partners plc (NYSE:CCE) stock stands 3.60% away from its 50-day simple moving average and also 13.89% away from the 200-day average. Coca-Cola Company (The)'s dividend payout ratio is presently 103.50%.

A number of analysts recently commented on the stock.

More news: Murray, Konta reach Wimbledon quarter-finals

Daiwa Capital added the stock to its research portfolio setting a rating of "Outperform". BMO Capital Markets reissued a "hold" rating and issued a $46.00 price objective on shares of Coca-Cola Company (The) in a research report on Wednesday. J P Morgan Chase & Co initiated coverage on Coca-Cola Company (The) in a research note on Tuesday, March 21st. Cheviot Value Management Ltd Com owns 81,658 shares or 3.19% of their U.S. portfolio.

On September 29 the company was changed to a "Hold" according to a Stifel Nicolaus report down from the previous "Buy" rating.

Among 18 analysts covering American International Group (NYSE:AIG), 13 have Buy rating, 2 Sell and 3 Hold.

On October 10 the stock rating was downgraded to "Neutral" from " in a report from. Glenhill Advisors Llc sold 225,171 shares as China Xd Plastics Co Ltd (CXDC)'s stock rose 13.10%. Following the completion of the transaction, the insider now directly owns 319,436 shares of the company's stock, valued at $13,815,607. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Finan Irial sold 354,146 shares worth $15.94M. While the company's share hit the 52 week high on 07/12/17 stationing the value of $53.38. Following the transaction, the insider now owns 780,258 shares in the company, valued at $35,111,610. The disclosure for this sale can be found here. Insiders have sold a total of 493,228 shares of company stock valued at $22,024,770 in the last quarter.

"As part of its commitment to support DEFRA's new working group on voluntary and economic incentives to reduce littering, CCEP will seek to advance its own knowledge of how consumers are motivate by an incentive-based scheme by testing an on-the-go bottle collection and reward programme", the company said in a statement.

However, Allison Ogden-Newton chief executive of Keep Britain Tidy said Coca-Cola's announcement was "welcome news" and should inspire other big drinks companies to follow. The Company owns or licenses and markets non-alcoholic beverage brands, primarily sparkling beverages and a range of still beverages, such as waters, flavored waters and enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, sports drinks, dairy and energy drinks.

Share