Coca-Cola Company (The) (NYSE:KO) has received an average recommendation of “Hold” from the twenty-seven brokerages that are presently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, fifteen have given a hold recommendation, eight have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $46.03.

A number of equities analysts have recently commented on KO shares. BMO Capital Markets downgraded shares of Coca-Cola Company (The) from an “outperform” rating to a “market perform” rating and increased their price objective for the stock from $45.98 to $46.00 in a research note on Wednesday, June 7th. They noted that the move was a valuation call. Daiwa Capital Markets started coverage on shares of Coca-Cola Company (The) in a research note on Tuesday, June 13th. They set an “outperform” rating and a $48.60 price objective for the company. Vetr downgraded shares of Coca-Cola Company (The) from a “hold” rating to a “sell” rating and set a $43.11 price objective for the company. in a research note on Tuesday, June 20th. BidaskClub downgraded shares of Coca-Cola Company (The) from a “buy” rating to a “hold” rating in a research note on Saturday, July 1st. Finally, Jefferies Group LLC restated a “neutral” rating and set a $45.00 price objective on shares of Coca-Cola Company (The) in a research note on Thursday, July 6th.

Shares of Coca-Cola Company (NYSE:KO) traded up 0.69% during mid-day trading on Friday, hitting $45.50. The stock had a trading volume of 14,060,338 shares. The stock’s 50-day moving average price is $45.72 and its 200-day moving average price is $44.66. Coca-Cola Company has a 12-month low of $39.88 and a 12-month high of $46.98. The stock has a market capitalization of $194.07 billion, a price-to-earnings ratio of 48.05 and a beta of 0.70. Coca-Cola Company (The) also was the recipient of unusually large options trading activity on Monday. Investors acquired 7,760 put options on the company. This is an increase of 284% compared to the typical volume of 2,020 put options.

Coca-Cola Company (The) (NYSE:KO) last announced its earnings results on Wednesday, July 26th. The company reported $0.59 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.57 by $0.02. The firm had revenue of $9.70 billion during the quarter, compared to analyst estimates of $9.62 billion. Coca-Cola Company (The) had a net margin of 10.68% and a return on equity of 34.53%. The company’s revenue for the quarter was down 15.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.60 EPS. On average, equities analysts anticipate that Coca-Cola Company will post $1.90 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, October 2nd. Shareholders of record on Friday, September 15th were issued a $0.37 dividend. The ex-dividend date was Thursday, September 14th. This represents a $1.48 annualized dividend and a yield of 3.25%. Coca-Cola Company (The)’s dividend payout ratio is currently 154.17%.

TRADEMARK VIOLATION WARNING: This piece of content was reported by Marea Informative and is the property of of Marea Informative. If you are accessing this piece of content on another domain, it was illegally stolen and republished in violation of U.S. & international copyright and trademark laws. The legal version of this piece of content can be accessed at http://www.mareainformativa.com/coca-cola-company-the-ko-receives-46-03-consensus-price-target-from-analysts/116222/.

In other Coca-Cola Company (The) news, insider Brian John Smith sold 100,000 shares of the stock in a transaction dated Wednesday, August 16th. The shares were sold at an average price of $46.10, for a total value of $4,610,000.00. Following the transaction, the insider now directly owns 136,385 shares of the company’s stock, valued at approximately $6,287,348.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Mark Randazza sold 24,156 shares of the stock in a transaction dated Thursday, July 27th. The shares were sold at an average price of $46.01, for a total transaction of $1,111,417.56. Following the completion of the transaction, the insider now directly owns 26,567 shares in the company, valued at $1,222,347.67. The disclosure for this sale can be found here. Over the last three months, insiders sold 366,835 shares of company stock worth $16,874,246. Insiders own 1.51% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in the business. Cambridge Advisors Inc. grew its position in shares of Coca-Cola Company (The) by 0.3% during the 2nd quarter. Cambridge Advisors Inc. now owns 8,137 shares of the company’s stock worth $365,000 after purchasing an additional 26 shares in the last quarter. Alpha Windward LLC grew its position in shares of Coca-Cola Company (The) by 0.4% during the 2nd quarter. Alpha Windward LLC now owns 7,693 shares of the company’s stock worth $345,000 after purchasing an additional 34 shares in the last quarter. Lyell Wealth Management LP grew its position in shares of Coca-Cola Company (The) by 0.6% during the 2nd quarter. Lyell Wealth Management LP now owns 7,950 shares of the company’s stock worth $359,000 after purchasing an additional 50 shares in the last quarter. Regentatlantic Capital LLC grew its position in shares of Coca-Cola Company (The) by 0.4% during the 2nd quarter. Regentatlantic Capital LLC now owns 15,826 shares of the company’s stock worth $710,000 after purchasing an additional 64 shares in the last quarter. Finally, Vigilant Capital Management LLC grew its position in shares of Coca-Cola Company (The) by 1.9% during the 2nd quarter. Vigilant Capital Management LLC now owns 3,593 shares of the company’s stock worth $161,000 after purchasing an additional 68 shares in the last quarter. 64.62% of the stock is currently owned by hedge funds and other institutional investors.

Coca-Cola Company (The) Company Profile

The Coca-Cola Company is a beverage company. The Company owns or licenses and markets non-alcoholic beverage brands, primarily sparkling beverages and a range of still beverages, such as waters, flavored waters and enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, sports drinks, dairy and energy drinks.

Analyst Recommendations for Coca-Cola Company (The) (NYSE:KO)

Receive News & Stock Ratings for Coca-Cola Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coca-Cola Company (The) and related stocks with our FREE daily email newsletter.