Published: Tue, November 14, 2017
Business | By Max Garcia

Coca-Cola Company (The) (NYSE:KO) Cut to Hold at Zacks Investment Research

Coca-Cola Company (The) (NYSE:KO) Cut to Hold at Zacks Investment Research

Synovus Financial Corp decreased its stake in Coca Cola Co (KO) by 1.05% based on its latest 2017Q2 regulatory filing with the SEC. The stock rose 0.50% or $0.24 reaching $46.78 per share. About 94,518 shares traded. The Coca-Cola Company (KO) has made its way to a 12-month gain of 13.68%. Meeder Asset Management Inc. now owns 2,754 shares of the company's stock worth $124,000 after purchasing an additional 1,026 shares during the period. Equity Comwlth now has $3.78 billion valuation. About 616,735 shares traded or 15.11% up from the average. It has underperformed by 5.95% the S&P500. "Ultimately, through all this investigation into the company's performance the analyst decides if their stock is a "buy", sell" or hold". Coca-Cola Co. The firm's 50 day moving average price is $42.15 and its 200 day moving average price is $43.98. Frontline Ltd. had 11 analyst reports since November 25, 2015 according to SRatingsIntel. The stock has "Neutral" rating by Citigroup on Thursday, September 1. The stock now has a consensus rating of "Hold" and an average target price of $47.16. The stock of The Coca-Cola Co (NYSE:KO) has "Buy" rating given on Friday, February 5 by UBS. Royal Bank Of Canada reiterated a "buy" rating and set a $49.00 price objective on shares of Coca-Cola Company (The) in a research note on Wednesday, September 6th. The company was upgraded on Monday, August 10 by Zacks. Finally, Credit Suisse Group boosted their target price on Coca Cola HBC AG from GBX 2,400 ($31.57) to GBX 2,820 ($37.09) and gave the stock an outperform rating in a research note on Friday, August 11th.

KO's average Beneish M-Score: -2.64 during the last 7 years.

Three months ago, on the other hand, the average analyst rating for The Coca-Cola Company (KO) was a Hold - from a survey of 14 analysts.

New Mountain Vantage Advisers Llc decreased Constellation Brands Inc (NYSE:STZ) stake by 52,014 shares to 74,020 valued at $14.34M in 2017Q2. It also reduced Cheesecake Factory In (NASDAQ:CAKE) stake by 28,130 shares and now owns 166,478 shares. Spdr S&P 500 Etf Tr (Put) (SPY) was reduced too.

Investors sentiment increased to 0.94 in Q2 2017. Its up 0.15, from 0.79 in 2017Q1.

Turning to Kadmon Holdings, Inc. 39 funds opened positions while 70 raised stakes. Plancorp Ltd Liability Company stated it has 14,098 shares.

The company is now unchanged since yesterday's close of 0.0950. The Company is formed to act as the holding company for the group to be formed by the combination of White, a company that owns the Coca-Cola bottling operations in Great Britain, continental France, Monaco, Belgium, Luxembourg, the Netherlands, Sweden and Norway; Olive, a company that owns the Coca-Cola bottling operations in Spain, Portugal and Andorra, and Black, a company that owns the Coca-Cola bottling operations in Germany (the Combination). Strs Ohio has 0.6% invested in The Coca-Cola Co (NYSE:KO) for 3.02 million shares. Webster Bancshares N A invested 0.23% of its portfolio in The Coca-Cola Co (NYSE:KO). Evermay Wealth Mgmt Ltd Liability Company holds 0.1% or 4,997 shares in its portfolio. It is now trading 0.44% off that level. Jefferies maintained the shares of CCE in report on Thursday, March 23 with "Hold" rating. State Street holds 0% or 662,390 shares. Btc Mngmt Inc holds 5,000 shares or 0.04% of its portfolio. Washington Communication has invested 0.16% in The Coca-Cola Co (NYSE:KO). Eidelman Virant invested 0.24% of its portfolio in The Coca-Cola Co (NYSE:KO). Moreover, Nikko Asset Americas Inc has 0.08% invested in The Coca-Cola Co (NYSE:KO). With short interest at 1,468,971 and short average daily volume at 732,981, days to cover is 2.0 and the percentage of shorted shares was 0.00% on October 31. Coca-Cola had a return on equity of 32.47% and a net margin of 16.99%. After $0.50 actual EPS reported by The Coca-Cola Co for the previous quarter, Wall Street now forecasts -24.00% negative EPS growth.

Since May 24, 2017, it had 0 buys, and 2 sales for $17.26 million activity.

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