Published: Sat, January 13, 2018
Business | By Max Garcia

The Coca-Cola Co (NYSE:KO) Position Lowered by Forsta AP Fonden

The Coca-Cola Co (NYSE:KO) Position Lowered by Forsta AP Fonden

LLC now owns 222,216 shares of the company's stock worth $9,966,000 after acquiring an additional 12,513 shares during the period. The institutional investor held 43,028 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $1.35B, down from 48,683 at the end of the previous reported quarter. Firsthand Capital Management Inc who had been investing in Arista Networks Inc. for a number of months, seems to be less bullish one the $18.94B market cap company. The stock increased 1.20% or $0.05 during the last trading session, reaching $4.2. About 2.64 million shares traded or 59.56% up from the average. (NYSE:PM) has risen 16.65% since January 13, 2017 and is uptrending. It has outperformed by 24.43% the S&P500.

United American Securities Inc decreased its stake in Coca Cola Company (KO) by 80.72% based on its latest 2017Q3 regulatory filing with the SEC. Following the transaction, the insider now directly owns 320,013 shares of the company's stock, valued at $14,749,399.17. The Fulton Breakefield Broenniman Llc holds 44,333 shares with $6.20 million value, up from 28,845 last quarter.

The Coca-Cola Co (NYSE KO) traded up $0.11 during mid-day trading on Friday, reaching $46.15. 515,589 shares of the company were exchanged, compared to its average volume of 529,751.

Adage Capital Partners GP L.L.C. reduced its position in shares of Coca-Cola Company (The) (NYSE:KO) by 26.1% during the third quarter, according to its most recent Form 13F filing with the SEC. It has underperformed by 17.65% the S&P500.

Gillespie Robinson Grimm reported 0.13% in Philip Morris International Inc. During the same quarter in the previous year, the firm earned $0.49 earnings per share. research analysts forecast that The Coca-Cola Co will post 1.91 EPS for the current fiscal year. KO's profit will be $1.62 billion for 30.29 P/E if the $0.38 EPS becomes a reality. Lenox Wealth Management Inc. boosted its position in shares of Coca-Cola Company (The) by 38.0% in the second quarter.

Among 21 analysts covering Coca-Cola (NYSE:KO), 11 have Buy rating, 1 Sell and 9 Hold. Therefore 88% are positive. KO was included in 68 notes of analysts from July 21, 2015. Citigroup maintained The Coca-Cola Company (NYSE:KO) on Thursday, April 21 with "Buy" rating. The stock has "Buy" rating by UBS on Thursday, October 22. Finally, Royal Bank of Canada set a $49.00 price objective on shares of The Coca-Cola and gave the company a "buy" rating in a research note on Sunday, November 12th. The stock has "Neutral" rating by Macquarie Research on Friday, September 15. Wells Fargo & Co raised shares of The Coca-Cola from a "market perform" rating to an "outperform" rating and raised their price objective for the company from $46.72 to $51.00 in a research note on Tuesday, November 14th. Societe Generale restated a "hold" rating and issued a GBX 2,758 ($37.40) price objective on shares of Coca Cola HBC in a report on Friday, November 10th. RIVERA ALFREDO also sold $1.30 million worth of The Coca-Cola Company (NYSE:KO) on Wednesday, August 16. MANN JENNIFER K sold $402,235 worth of The Coca-Cola Company (NYSE:KO) on Monday, August 7. Instinet maintained it with "Neutral" rating and $173 target in Monday, August 7 report. Vetr downgraded The Coca-Cola Company (NYSE:KO) rating on Friday, August 28. Coca-Cola Company (The) has a consensus rating of "Hold" and a consensus target price of $45.60.

Since January 1, 0001, it had 0 insider buys, and 5 sales for $7.94 million activity.

The Coca-Cola (NYSE:KO) last posted its quarterly earnings results on Wednesday, October 25th.

Analysts await The Coca-Cola Company (NYSE:KO) to report earnings on February, 13 before the open. Another trade for 26,470 shares valued at $1.21M was sold by LONG ROBERT EDWARD. (The) reiterated a "sell" rating and set a $39.00 price objective on shares of Coca-Cola Company (The) in a research note on Monday, January 9th.

Investors sentiment decreased to 0.81 in Q3 2017. Its up 0.09, from 0.88 in 2017Q2. 112 funds opened positions while 452 raised stakes. Alpha Windward Limited Co reported 7,181 shares stake. 83,574 are held by Boston Research & Management. Tctc Limited Liability stated it has 401,670 shares or 1.04% of all its holdings. Scott Selber owns 10,266 shares. Parametrica Mgmt Ltd owns 0.19% invested in The Boeing Company (NYSE:BA) for 1,739 shares. Employees Retirement Of Ohio stated it has 0.64% of its portfolio in The Coca-Cola Company (NYSE:KO). Cypress Asset Mngmt Tx invested in 103,984 shares or 1.01% of the stock. Fairfield Bush & reported 17,153 shares or 0.24% of all its holdings. Caisse De Depot Et Placement Du Quebec invested 0.05% in The Coca-Cola Company (NYSE:KO).

Since July 31, 2017, it had 0 buys, and 10 sales for $31.43 million activity.

In related news, insider J Alexander Douglas, Jr. sold 338,009 shares of the company's stock in a transaction on Wednesday, November 8th.

Matarin Capital Management Llc, which manages about $198.00M and $1176.43B US Long portfolio, upped its stake in Federal Agricultural Mortgage Corporation Class C (NYSE:AGM) by 26,257 shares to 103,079 shares, valued at $7.50B in 2017Q3, according to the filing. It also reduced its holding in Alcoa Corp by 31,896 shares in the quarter, leaving it with 8,055 shares, and cut its stake in Ishares Tr (IEF).

Among 54 analysts covering Intel Corporation (NASDAQ:INTC), 34 have Buy rating, 5 Sell and 15 Hold. (NYSE:DPZ) to report earnings on February, 27. The company's revenue was down 14.6% compared to the same quarter last year. analysts forecast that The Coca-Cola Co will post 1.91 EPS for the current year. The company reported $0.50 EPS for the quarter, beating the Zacks' consensus estimate of $0.49 by $0.01.

Investors sentiment decreased to 0.8 in 2017 Q3. Shareholders of record on Friday, December 1st were issued a $0.37 dividend. 105,902 were accumulated by Rhumbline Advisers. Spectrum Mgmt Grp Inc reported 3,050 shares. Regent Investment Ltd Com holds 0.27% or 7,111 shares. (NYSE:PM) for 24,889 shares. First City Cap Incorporated holds 12,646 shares or 0.98% of its portfolio.

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