The Coca-Cola Company (KO) loses confidence of 60 hedge fund managers

Lloyd Doyle
March 19, 2018

The stock decreased 0.48% or $0.21 during the last trading session, reaching $43.46. This will give analytical advantage to a shorter-term trader since it pursues the price more intimately, and consequently produces less "lag" as comparison to the longer-term moving average. (NYSE:HD) has risen 18.65% since March 19, 2017 and is uptrending. It has underperformed by 58.40% the S&P500.

Beacon Financial Group increased its stake in Microsoft Corp (MSFT) by 15.51% based on its latest 2017Q3 regulatory filing with the SEC. Brigade Capital Management Lp sold 500,000 shares as the company's stock declined 22.87% while stock markets rallied. The institutional investor held 201,900 shares of the consumer durables company at the end of 2017Q3, valued at $9.58M, up from 176,400 at the end of the previous reported quarter. The stock decreased 0.31% or $0.35 during the last trading session, reaching $111.64. About 3.99M shares traded. It has underperformed by 16.70% the S&P500. Lowe Brockenbrough And Inc reported 0.81% in The Coca-Cola Company (NYSE:KO).

The EPS of KO is strolling at 1.1, measuring its EPS growth this year at -26.4%. The company reported $0.39 EPS for the quarter, beating analysts' consensus estimates of $0.38 by $0.01.

Investors sentiment decreased to 0.8 in 2017 Q3. Its up 0.11, from 0.8 in 2017Q2. King Wealth Mgmt Grp Limited Co invested in 0.15% or 8,962 shares. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. Dynamic Advsrs Solutions reported 16,987 shares. Nikko Asset Management Americas accumulated 91,400 shares. Spinnaker Tru reported 16,923 shares or 0.1% of all its holdings. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 284,276,178 shares of the stock are valued at $12.35 billion. (NASDAQ:CME). Invesco accumulated 923,777 shares. Legacy Advisors LLC acquired a new position in The Coca-Cola in the third quarter valued at approximately $139,000. Michigan-based Ally Financial has invested 1.03% in The Coca-Cola Company (NYSE:KO). Prentiss Smith & Communications has 7,703 shares for 0.21% of their portfolio.

Separately, BidaskClub raised shares of Coca-Cola Bottling Co Consolidated from a "strong sell" rating to a "sell" rating in a report on Saturday, March 3rd. Oxbow Limited Liability Company invested in 6,257 shares.

Among 35 analysts covering Teva Pharma (NYSE:TEVA), 9 have Buy rating, 8 Sell and 18 Hold. Therefore 55% are positive. Teva Pharma had 147 analyst reports since July 21, 2015 according to SRatingsIntel. Morgan Stanley upgraded shares of Coca-Cola FEMSA from an underweight rating to an equal weight rating in a report on Wednesday, December 13th. The stock of Teva Pharmaceutical Industries Limited (NYSE:TEVA) has "Hold" rating given on Monday, February 13 by Maxim Group. The firm earned "Buy" rating on Monday, October 9 by Bank of America. Jefferies maintained the stock with "Buy" rating in Tuesday, January 12 report. As per Thursday, April 21, the company rating was maintained by Citigroup. Keefe Bruyette & Woods has "Hold" rating and $12300 target. Barclays Capital maintained Coca-Cola FEMSA, C.V. (NYSE:KOF) on Monday, March 7 with "Overweight" rating. The company's Market capitalization is $185.27B with the total Outstanding Shares of "Outstanding". Menear Craig A had sold 113,687 shares worth $20.89 million on Wednesday, February 21. On Monday, March 12 the insider MANN JENNIFER K sold $84,735. 7,500 shares were sold by Pietrowicz John W., worth $1.14M. Thrivent For Lutherans stated it has 0.05% of its portfolio in The Coca-Cola Company (NYSE:KO).

Investors sentiment decreased to 1.28 in Q3 2017. Its up 0.19, from 0.75 in 2017Q2. (NYSE:YELP) shares were sold by Wilson Laurence. 114 funds opened positions while 708 raised stakes. The return on invested capital is at 12.5%, which is good, compared to its peers. Victory Cap Incorporated, a Ohio-based fund reported 3.27 million shares. Staley Capital Advisers Inc, a Pennsylvania-based fund reported 60,506 shares. However, investors can and should determine their own price targets for entering and exiting stock positions. (NASDAQ:CME) or 283,284 shares.

COPYRIGHT VIOLATION WARNING: "Coca-Cola FEMSA (NYSE:KOF) Lifted to Hold at Zacks Investment Research" was originally published by and is the sole property of of First Foundation has 51,248 shares for 0.13% of their portfolio. Natixis Asset Management reported 64,312 shares stake. City Hldgs reported 0.75% stake. (NASDAQ:PEP) for 3,854 shares. Fred Alger Mngmt reported 275 shares. Finally, Shine Investment Advisory Services Inc. increased its holdings in shares of The Coca-Cola by 102.2% in the third quarter. (NASDAQ:PEP) or 5,138 shares. (NASDAQ:OCLR). Deutsche Bancorporation Ag owns 626,667 shares for 0% of their portfolio.

Since October 10, 2017, it had 0 insider purchases, and 1 sale for $2.37 million activity. Also, CFO Kathy N. Waller sold 23,240 shares of The Coca-Cola stock in a transaction that occurred on Tuesday, January 16th. Therefore 56% are positive. AutoNation had 38 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was downgraded by Credit Suisse to "Neutral" on Friday, August 4. The rating was maintained by BMO Capital Markets with "Hold" on Tuesday, July 11.

Among 18 analysts covering CME Group (NASDAQ:CME), 10 have Buy rating, 1 Sell and 7 Hold. The stock of AutoNation, Inc.

The Coca-Cola Company (KO) stock was most active stock of Wall Street Market on Friday. The stock has "Neutral" rating by Jefferies on Wednesday, April 19. The rating was maintained by Credit Suisse on Thursday, October 5 with "Neutral". The stock has "Hold" rating by Cowen & Co on Friday, October 27. The rating was upgraded by Raymond James to "Outperform" on Wednesday, August 16.

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