Today The Coca-Cola Company (The) (KO) Position Held by Grace & White Inc. NY

Today The Coca-Cola Company (The) (KO) Position Held by Grace & White Inc. NY

Grace & White Inc. NY held its stake in shares of Coca-Cola Company (The) (NYSE:KO) during the third quarter, Holdings Channel reports. The institutional investor owned 7,066 shares of the company’s stock at the end of the third quarter. Grace & White Inc. NY’s holdings in Coca-Cola Company (The) were worth $299,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of KO. LGT Capital Partners LTD. raised its position in Coca-Cola Company (The) by 4.6% in the third quarter. LGT Capital Partners LTD. now owns 194,850 shares of the company’s stock worth $8,246,000 after buying an additional 8,490 shares during the last quarter. BNP Paribas Arbitrage SA raised its position in Coca-Cola Company (The) by 19.7% in the second quarter. BNP Paribas Arbitrage SA now owns 2,099,270 shares of the company’s stock worth $95,160,000 after buying an additional 345,810 shares during the last quarter. Cardinal Capital Management raised its position in Coca-Cola Company (The) by 2.4% in the third quarter. Cardinal Capital Management now owns 79,807 shares of the company’s stock worth $3,377,000 after buying an additional 1,899 shares during the last quarter. Shell Asset Management Co. raised its position in Coca-Cola Company (The) by 7.8% in the second quarter. Shell Asset Management Co. now owns 1,071,177 shares of the company’s stock worth $48,556,000 after buying an additional 77,824 shares during the last quarter. Finally, NEXT Financial Group Inc raised its position in Coca-Cola Company (The) by 65.9% in the third quarter. NEXT Financial Group Inc now owns 79,749 shares of the company’s stock worth $3,375,000 after buying an additional 31,690 shares during the last quarter. Institutional investors own 63.79% of the company’s stock.

Shares of Coca-Cola Company (NYSE:KO) traded up 0.623% during midday trading on Wednesday, hitting $42.161. The stock had a trading volume of 6,583,467 shares. The stock has a market cap of $181.84 billion, a PE ratio of 25.568 and a beta of 0.65. Coca-Cola Company has a 52-week low of $39.88 and a 52-week high of $47.13. The firm has a 50 day moving average price of $41.44 and a 200-day moving average price of $42.49.

Several research analysts have recently issued reports on KO shares. Vetr lowered Coca-Cola Company (The) from a “strong-buy” rating to a “buy” rating and set a $46.50 target price for the company. in a research report on Monday, November 28th. RBC Capital Markets set a $49.00 target price on Coca-Cola Company (The) and gave the stock a “buy” rating in a research report on Thursday, October 13th. Goldman Sachs Group, Inc. (The) reissued a “sell” rating and issued a $39.00 target price on shares of Coca-Cola Company (The) in a research report on Monday, January 9th. Morningstar, Inc. reissued a “buy” rating on shares of Coca-Cola Company (The) in a research report on Friday, December 9th. Finally, Zacks Investment Research lowered Coca-Cola Company (The) from a “hold” rating to a “sell” rating in a research report on Tuesday, October 4th. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eleven have given a buy rating to the company. Coca-Cola Company (The) currently has a consensus rating of “Hold” and a consensus target price of $45.89.

In other news, VP Kathy N. Waller sold 36,342 shares of the stock in a transaction dated Thursday, November 3rd. The shares were sold at an average price of $42.06, for a total transaction of $1,528,544.52. Following the sale, the vice president now directly owns 104,345 shares of the company’s stock, valued at approximately $4,388,750.70. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 1.54% of the company’s stock.

Coca-Cola Company (The) Company Profile

The Coca-Cola Company is a beverage company. The Company owns or licenses and markets over 500 nonalcoholic beverage brands, primarily sparkling beverages but also a range of still beverages, such as waters, enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, and energy and sports drinks.

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