Markets

The Coca-Cola Co (KO) Insider J Alexander Douglas, Jr. Sells 22000 Shares

The Coca-Cola Co (KO) Insider J Alexander Douglas, Jr. Sells 22000 Shares

Many analysts are providing their Estimated Earnings analysis for The Coca-Cola Company and for the current quarter 21 analysts have projected that the stock could give an Average Earnings estimate of $0.58/share. Smithfield Co invested in 37,546 shares or 0.26% of the stock. NE's holdings in The Coca-Cola were worth $920,000 at the end of the most recent quarter. More interesting news about The Coca-Cola Co (NYSE:KO) were released by: Foodbusinessnews.net and their article: "Coca-Cola exec retires, sparking leadership shuffle" published on May 17, 2017 as well as Investorplace.com's news article titled: "Should You Buy The Coca-Cola Co (KO) Stock?" The business had revenue of $865.70 million during the quarter. Barnett & Company Inc. raised its position in The Coca-Cola by 27.7% in the third quarter.

The stock subtracted in the prior trading session by -0.3%, closing at the stock price of $43.8. Finally, Genovese Burford & Brothers Wealth & Retirement Plan Management LLC raised its position in The Coca-Cola by 4,410.7% in the fourth quarter. Community Bank & Trust Waco Texas boosted its position in shares of The Coca-Cola by 0.3% in the first quarter. Finally, Franklin Resources Inc. boosted its position in The Coca-Cola by 3.3% in the fourth quarter. One obvious way to identify high earnings per share growth companies is to find companies that have demonstrated such growth over the past 5 to 10 years. Institutional investors and hedge funds own 63.88% of the company's stock.

Shares of The Coca-Cola (NYSE:KO) opened at 43.80 on Friday. Following the transaction, the insider now owns 319,436 shares of the company's stock, valued at $13,815,607. The company's 50-day moving average price is GBX 2,113.94 and its 200-day moving average price is GBX 1,871.57.

The stock volatility for week was 1.23% while for month was 1.38%.The stock, as of last close, traded 31.30% to its 52 week low and was changed -2.63% from its 52 week high. The stock of The Coca-Cola Co (NYSE:KO) has "Sell" rating given on Monday, January 9 by Goldman Sachs. Stock investors acquired 24,058 call options on the stock. This represents an increase of approximately 246% compared to the average volume of 6,950 call options.

Analysts await The Coca-Cola Co (NYSE:KO) to report earnings on July, 26. The company reported $0.43 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.44 by $0.01. The Return on Equity (ROE) value stands at 25.2%. According to these analysts, the Low Revenue Estimate for The Coca-Cola Company is 8.87 Billion and the High Revenue Estimate is 9.97 Billion. They expect $0.57 EPS, down 5.00% or $0.03 from last year's $0.6 per share. The company has a market cap of $187.57 billion, a PE ratio of 30.89 and a beta of 0.69.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 3rd.

Since February 10, 2017, it had 0 buys, and 5 selling transactions for $15.46 million activity. The ex-dividend date of this dividend is Tuesday, June 13th. This represents a $1.48 dividend on an annualized basis and a yield of 3.38%.




Now the P/E of The Coca-Cola Company stands at 30.69.

Several analysts have commented on KO shares. If you are reading this story on another site, it was illegally copied and republished in violation of US & worldwide trademark and copyright legislation. The original version of this piece can be accessed at https://baseballnewssource.com/markets/the-coca-cola-co-ko-shares-sold-by-lawson-kroeker-investment-management-inc-ne-updated/725096.html.

A number of analysts have recently weighed in on the stock.

In terms of performance, shares of Coca-Cola European Partners Plc (NYSE:CCE) are 27.03% since the start of 2016. Wells Fargo & Co lowered The Coca-Cola from an "outperform" rating to a "market perform" rating and upped their target price for the stock from $41.05 to $41.29 in a research note on Thursday, January 19th. According to Thomson Reuters, sell-side analysts are forecasting a harmony target price of $11.89 on company shares. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have given a buy rating to the company. The stock has a consensus rating of "Hold" and an average target price of GBX 1,977.10 ($25.52).

In related news, insider Brian John Smith sold 87,800 shares of the business's stock in a transaction that occurred on Wednesday, May 10th. (NASDAQ:MDLZ) shares have been seen trading 0.79% away from the 20-day moving average. Following the transaction, the insider now owns 149,185 shares in the company, valued at approximately $6,479,104.55. 22,000 shares valued at $951,500 were sold by DOUGLAS J ALEXANDER JR on Wednesday, May 3. The disclosure for this sale can be found here.

The Coca-Cola Company (KO) belongs to the "Consumer Goods" sector with an industry focus on "Beverages - Soft Drinks", with Mr. James Robert B. Quincey as Chief Exec. Officer, Pres and Director. Still beverages include energy products and noncarbonated beverages, such as bottled water, tea, ready to drink coffee, enhanced water, juices and sports drinks.