Stifel Nicolaus Reaffirms "Hold" Rating for Coca-Cola Company (The) (KO)


(The) reissued a "sell" rating and issued a $41.00 target price on shares of Coca-Cola Company (The) in a report on Wednesday, April 26th.

Basically, a price target is an individual analyst's projection on the future price of a stock.

Other institutional investors have also recently bought and sold shares of the company.

Coca-Cola Company (The) (NYSE:KO) last posted its quarterly earnings results on Wednesday, July 26th. BMO Capital Markets maintained The Coca-Cola Co (NYSE:KO) on Monday, July 31 with "Market Perform" rating. Two equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and seven have issued a buy rating to the stock. The average 12-month price target among brokerages that have issued ratings on the stock in the past year is $45.43.

Shares of Coca-Cola European Partners PLC (CCE) traded up 1.23% during mid-day trading on Friday, reaching $43.75. The stock closed the most recent session at $45.59 after seeing 8357343 shares trade hands.

Company chares are trading at $210.97 significantly below $233.33, the stock's 50 day moving average and which is marginally over the 200 day moving average of $206.90. Coca-Cola Company has a one year low of $39.88 and a one year high of $46.43. Twin Capital Management Inc who had been investing in Coca Cola Co Com for a number of months, seems to be bullish on the $194.99B market cap company. The value of the company's investment in Coca-Cola Company (The) went from $3,800,000 to $4,186,000 increasing 10.2% quarter to quarter.

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The company is expected to report earnings of $0.49 a share for the next quarter. The company had a trading volume of 1,197,606 shares. The business had revenue of $9.70 billion for the quarter, compared to analysts' expectations of $9.62 billion. During the same period in the previous year, the firm earned $0.60 earnings per share. In the last earnings report the EPS was $4.91 and is projected to be $9.75 for the current year with 9,334,000 shares now outstanding. Dynamic Advsr Solutions Lc has invested 0.61% in The Coca-Cola Co (NYSE:KO). If you are reading this piece of content on another publication, it was illegally copied and reposted in violation of USA and worldwide copyright & trademark laws. The legal version of this report can be read at

The company also recently announced a quarterly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Friday, September 15th will be issued a $0.37 dividend. Jefferies Group LLC reiterated a "hold" rating and set a $42.00 price objective on shares of Coca-Cola European Partners PLC in a research note on Wednesday, June 14th. The dividend yield will be $3.25. Coca-Cola Company (The)'s payout ratio is 154.17%.

In other Coca-Cola Company (The) news, insider Francisco Crespo sold 7,700 shares of the firm's stock in a transaction dated Friday, July 28th. The total value of its holdings increased 10.2%. $1.32M worth of The Coca-Cola Co (NYSE:KO) was sold by Perez Beatriz R. $1.74 million worth of The Coca-Cola Co (NYSE:KO) was sold by Eberly Ceree on Monday, February 13. The transaction was disclosed in a filing with the SEC, which is available at this link. 354,146 shares were sold by Finan Irial, worth $15.94M on Wednesday, May 24. The total value of its holdings decreased 5.4%. Following the completion of the transaction, the insider now directly owns 780,258 shares of the company's stock, valued at approximately $35,111,610. The disclosure for this sale can be found here. In the last three months, insiders sold 614,841 shares of company stock valued at $27,900,186.

A number of brokerages recently issued reports on KO. Norges Bank purchased a new position in shares of Coca-Cola Company (The) during the fourth quarter valued at approximately $1,486,731,000. The New York-based Grisanti Capital Management Ltd Liability Corporation has invested 0.25% in The Coca-Cola Co (NYSE:KO). Lyell Wealth Management LP now owns 7,950 shares of the company's stock worth $359,000 after buying an additional 50 shares during the last quarter. Fisher Asset Management LLC now owns 10,798,577 shares of the company's stock valued at $458,292,000 after buying an additional 198,394 shares in the last quarter. Signature Estate & Investment Advisors raised its position in Coca-Cola Company (The) by 5.0% in the Q1. Investment Centers Of America Inc owns 147,307 shares valued at $6,595,000. Finally, First Manhattan Co. raised its position in Coca-Cola European Partners PLC by 1.7% in the first quarter. Global Financial Private Capital LLC now owns 721,344 shares of the company's stock valued at $32,352,000 after buying an additional 169,395 shares during the last quarter. Its investment was worth $20,118,000 an increase of 63.6% according to the filing.

Washington Tru Company reported 0.15% in The Coca-Cola Co (NYSE:KO).