Heritage Way Advisors LLC Buys 62199 Shares of The Coca-Cola Co (KO)
- Author: Anthony Vega Feb 25, 2018,
Feb 25, 2018, 1:35
The stock was sold at an average price of $47.50, for a total transaction of $4,009,000.00. It is down 86.86% since February 23, 2017 and is uptrending. It has outperformed by 44.77% the S&P500. Shell Asset Management Co bought 331,550 shares as the company's stock rose 6.48% with the market. The hedge fund run by Noah Levy held 3.29M shares of the miscellaneous company at the end of 2017Q3, valued at $51.36 million, down from 3.35 million at the end of the previous reported quarter. Sva Plumb Wealth Management Llc who had been investing in Coca Cola Co Com for a number of months, seems to be less bullish one the $185.42B market cap company. Many traders will use moving averages for different periods of time in conjunction with other indicators to help gauge future stock price action. Its up 22.4% from 35.46 million shares, reported previously.
The Coca-Cola Company (NYSE:KO) closed its last session at $43.52. It has underperformed by 17.65% the S&P500.
Investors sentiment decreased to 1.22 in Q3 2017.
Since October 10, 2017, it had 0 insider buys, and 1 insider sale for $2.37 million activity. Rwwm Inc invested in 587,236 shares. 356.10 million shares or 3.23% more from 344.96 million shares in 2017Q2 were reported. Wheatland Advsr has 2% invested in PepsiCo, Inc. Consolidated (NASDAQ:COKE). Sei invested in 0% or 2 shares. (NASDAQ:NFLX) or 7,124 shares. Waters Parkerson Co Limited Liability Company accumulated 1.11% or 278,379 shares.
The stock of Coca-cola Company (the) (NYSE:KO) registered an increase of 22.4% in short interest. Kanawha Capital Management LLC lifted its position in shares of The Coca-Cola by 0.8% during the 2nd quarter. Pittenger And Anderson, Nebraska-based fund reported 31,937 shares. Jefferies maintained the shares of KO in report on Tuesday, June 20 with "Hold" rating. (NASDAQ:NFLX) for 5,434 shares. Moreover, Ameritas Investment Prtnrs has 0% invested in PICO Holdings, Inc. (NASDAQ:PICO). Bridgeway Cap Mngmt Inc reported 100,300 shares stake. Hirtle Callaghan And Limited Com invested in 19,000 shares or 0.08% of the stock.
Bailard Inc, which manages about $2.27 billion and $1.31 billion US Long portfolio, decreased its stake in Spdr S&P 500 Etf Tr (SPY) by 1,604 shares to 278,358 shares, valued at $69.93 million in 2017Q3, according to the filing.
Among 24 analysts covering United Parcel Service (NYSE:UPS), 9 have Buy rating, 1 Sell and 14 Hold. Therefore 36% are positive. Netflix had 226 analyst reports since August 4, 2015 according to SRatingsIntel. Credit Suisse maintained The Home Depot, Inc. The rating was maintained by Barclays Capital on Tuesday, November 8 with "Equal Weight". Boston And Mgmt accumulated 1.92% or 83,574 shares. The firm earned "Buy" rating on Thursday, August 17 by Jefferies. The stock has "Buy" rating by Wells Fargo on Tuesday, January 23. The stock of EPAM Systems, Inc. The rating was maintained by BMO Capital Markets on Thursday, February 1 with "Hold". The rating was maintained by Deutsche Bank on Friday, July 8 with "Buy". UBS Group downgraded shares of Coca-Cola European Partners to a "neutral" rating in a report on Monday, November 13th. The company was downgraded on Friday, December 16 by Morgan Stanley. Croft reported 38,127 shares. Pnc Fin Group Inc accumulated 178 shares. The insider HAYS ED sold $4.01M. About 12.38 million shares traded. It also increased its holding in Honeywell Intl Inc (NYSE:HON) by 27,082 shares in the quarter, for a total of 29,210 shares, and has risen its stake in Bgc Partners Inc (NASDAQ:BGCP).
Among 33 analysts covering The Home Depot Inc. 3,433 shares of the company's stock were exchanged, compared to its average volume of 4,036. CRM's profit will be $79.45 million for 256.82 P/E if the $0.11 EPS becomes a reality. They expect $0.47 earnings per share, up 9.30% or $0.04 from last year's $0.43 per share.
Investors sentiment decreased to 0.8 in Q3 2017. Its down 0.14, from 0.94 in 2017Q2. It turned negative, as 48 investors sold KO shares while 641 reduced holdings.
Other hedge funds have also made changes to their positions in the company. The Kansas-based Meritage Mgmt has invested 0.42% in The Coca-Cola Company (NYSE:KO). Caisse De Depot Et Placement Du Quebec stated it has 0.05% in The Coca-Cola Company (NYSE:KO). Johnson Financial reported 11,645 shares. Acadian Asset Management LLC owned about 0.20% of The Coca-Cola worth $391,122,000 at the end of the most recent quarter. Bryn Mawr invested in 0.01% or 2,783 shares. Asset owns 379,632 shares. Hl Financial Limited has invested 0.54% of its portfolio in The Coca-Cola Company (NYSE:KO). 326,410 were reported by Stack Fincl Incorporated. Insiders own 1.51% of the company's stock. Metropolitan Life Insurance Ny holds 0.02% or 41,162 shares. Nikko Asset Mngmt Americas has 28,500 shares. Goldman Sachs Group set a $45.00 price objective on The Coca-Cola and gave the company a sell rating in a report on Wednesday, November 15th. Therefore 73% are positive. Coca-Cola Enterprises Inc. had 62 analyst reports since August 3, 2015 according to SRatingsIntel. Swiss National Bank now owns 16,389,490 shares of the company's stock worth $735,069,000 after acquiring an additional 470,700 shares during the last quarter. The firm has "Buy" rating by Stifel Nicolaus given on Tuesday, January 12.
Zacks Investment Research upgraded shares of Coca Cola HBC (OTCMKTS:CCHGY) from a hold rating to a buy rating in a report released on Friday, February 16th. RBC Capital Markets maintained Masonite International Corporation (NYSE:DOOR) rating on Monday, September 25. Susquehanna has "Neutral" rating and $40 target. (NYSE:HD) rating on Friday, June 16. Evercore ISI raised shares of The Coca-Cola from an "in-line" rating to an "outperform" rating and raised their price target for the stock from $46.04 to $55.00 in a research note on Friday, January 12th.