Northern Oak Wealth Management Inc. Purchases 200 Shares of The Coca-Cola Co (NYSE:KO)

28/01/2020

Northern Oak Wealth Management Inc. lifted its position in The Coca-Cola Co (NYSE:KO) by 8.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,451 shares of the company’s stock after acquiring an additional 200 shares during the period. Northern Oak Wealth Management Inc.’s holdings in The Coca-Cola were worth $136,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in KO. Tiemann Investment Advisors LLC grew its stake in shares of The Coca-Cola by 2.0% in the 3rd quarter. Tiemann Investment Advisors LLC now owns 9,487 shares of the company’s stock worth $516,000 after buying an additional 189 shares during the last quarter. Executive Wealth Management LLC boosted its stake in The Coca-Cola by 11.9% during the 3rd quarter. Executive Wealth Management LLC now owns 1,843 shares of the company’s stock valued at $100,000 after purchasing an additional 196 shares during the last quarter. Mitchell Mcleod Pugh & Williams Inc. boosted its stake in The Coca-Cola by 1.2% during the 3rd quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 17,168 shares of the company’s stock valued at $935,000 after purchasing an additional 197 shares during the last quarter. M. Kraus & Co boosted its stake in The Coca-Cola by 4.2% during the 3rd quarter. M. Kraus & Co now owns 5,009 shares of the company’s stock valued at $273,000 after purchasing an additional 200 shares during the last quarter. Finally, LifePlan Financial Group Inc boosted its stake in The Coca-Cola by 6.0% during the 3rd quarter. LifePlan Financial Group Inc now owns 3,558 shares of the company’s stock valued at $194,000 after purchasing an additional 200 shares during the last quarter. 67.54% of the stock is owned by hedge funds and other institutional investors.
In related news, SVP Nancy Quan sold 24,000 shares of the firm’s stock in a transaction on Wednesday, October 30th. The stock was sold at an average price of $53.90, for a total value of $1,293,600.00. Following the transaction, the senior vice president now directly owns 189,049 shares of the company’s stock, valued at approximately $10,189,741.10. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, COO Brian John Smith sold 25,000 shares of the firm’s stock in a transaction on Monday, January 13th. The stock was sold at an average price of $56.00, for a total value of $1,400,000.00. Following the completion of the transaction, the chief operating officer now directly owns 139,302 shares in the company, valued at $7,800,912. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 149,289 shares of company stock worth $8,113,175. Company insiders own 1.33% of the company’s stock.

Several analysts have commented on the company. UBS Group upgraded The Coca-Cola from a “neutral” rating to a “buy” rating and increased their target price for the company from $55.00 to $63.00 in a research note on Wednesday, October 23rd. Credit Suisse Group upgraded The Coca-Cola from a “neutral” rating to an “outperform” rating and increased their target price for the company from $54.00 to $64.00 in a research note on Thursday, January 9th. ValuEngine downgraded The Coca-Cola from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Evercore ISI reiterated a “buy” rating and set a $60.00 target price on shares of The Coca-Cola in a research note on Sunday, November 17th. Finally, Wells Fargo & Co set a $60.00 target price on The Coca-Cola and gave the company a “buy” rating in a research note on Monday, October 21st. Seven research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $57.53.

KO stock opened at $57.48 on Tuesday. The company has a market cap of $247.13 billion, a P/E ratio of 31.93, a price-to-earnings-growth ratio of 3.93 and a beta of 0.42. The Coca-Cola Co has a 1 year low of $44.42 and a 1 year high of $57.87. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.92 and a quick ratio of 0.79. The stock’s fifty day moving average price is $55.46 and its 200-day moving average price is $54.09.

About The Coca-Cola

The Coca-Cola Company, a beverage company, manufactures and distributes various nonalcoholic beverages worldwide. The company provides sparkling soft drinks; water, enhanced water, and sports drinks; juice, dairy, and plant-based beverages; teas and coffees; and energy drinks. It also offers concentrates, syrups, beverage bases, source waters, and powders/minerals, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores.

Noticias

relacionadas


30
Mar
Noticia
...
Reciprocating Air Compressor Market is set to record 3?GR during forecast time

The Reciprocating Air Compressor Market is anticipated to record its name in the billion-dollar space within seven years, by exceeding a revenue of US

Leer la noticia
24
Mar
Noticia
...
Nestle, Coke suspend production temporarily over coronavirus

The country’s two biggest foods and beverage makers Nestle and Coca-Cola said on Tuesday that they are suspending production on a temporary basis at t

Leer la noticia
13
Mar
Noticia
...
Natural Gas Compressor Market 2020 Receives a Rapid Boost in Economy due to High Emerging Demands by Forecast to 2029

The prime objective of the report is to offer updates and information related to future opportunities in the global natural gas compressor market witn

Leer la noticia
  • CERTIFICACIONES

  • api
  • bureau veritas