Coca-Cola Company (The) (NYSE:KO) was the target of unusually large options trading on Monday. Stock investors acquired 7,760 put options on the stock. This is an increase of approximately 284% compared to the typical volume of 2,020 put options.

Shares of Coca-Cola Company (NYSE:KO) opened at 45.50 on Thursday. Coca-Cola Company has a 52-week low of $39.88 and a 52-week high of $46.98. The stock has a 50 day moving average price of $45.72 and a 200-day moving average price of $44.66. The stock has a market capitalization of $194.07 billion, a PE ratio of 48.05 and a beta of 0.70.

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

The firm also recently declared a quarterly dividend, which was paid on Monday, October 2nd. Stockholders 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 dividend yield of 3.25%. Coca-Cola Company (The)’s dividend payout ratio is currently 154.17%.

In related news, insider Francisco Crespo sold 7,700 shares of Coca-Cola Company (The) stock in a transaction dated Friday, July 28th. The stock was sold at an average price of $46.01, for a total transaction of $354,277.00. Following the completion of the sale, the insider now owns 29,943 shares of the company’s stock, valued at $1,377,677.43. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Beatriz R. Perez sold 10,000 shares of Coca-Cola Company (The) stock in a transaction dated Thursday, July 27th. The stock was sold at an average price of $46.00, for a total value of $460,000.00. Following the sale, the senior vice president now directly owns 98,718 shares of the company’s stock, valued at approximately $4,541,028. The disclosure for this sale can be found here. In the last three months, insiders sold 366,835 shares of company stock valued at $16,874,246. Corporate insiders own 1.51% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the company. Signature Estate & Investment Advisors LLC lifted its holdings in shares of Coca-Cola Company (The) by 5.0% in the 1st quarter. Signature Estate & Investment Advisors LLC now owns 2,725 shares of the company’s stock valued at $116,000 after buying an additional 129 shares during the period. Meeder Asset Management Inc. lifted its holdings in shares of Coca-Cola Company (The) by 59.4% in the 2nd quarter. Meeder Asset Management Inc. now owns 2,754 shares of the company’s stock valued at $124,000 after buying an additional 1,026 shares during the period. Almanack Investment Partners LLC. acquired a new stake in shares of Coca-Cola Company (The) in the 2nd quarter valued at approximately $142,000. Perkins Coie Trust Co lifted its holdings in shares of Coca-Cola Company (The) by 21.9% in the 2nd quarter. Perkins Coie Trust Co now owns 3,180 shares of the company’s stock valued at $143,000 after buying an additional 572 shares during the period. Finally, SRS Capital Advisors Inc. lifted its holdings in shares of Coca-Cola Company (The) by 8.6% in the 1st quarter. SRS Capital Advisors Inc. now owns 3,326 shares of the company’s stock valued at $141,000 after buying an additional 264 shares during the period. 64.62% of the stock is owned by institutional investors and hedge funds.

A number of research firms recently commented on KO. Cowen and Company reaffirmed a “hold” rating and set a $42.00 target price on shares of Coca-Cola Company (The) in a report on Thursday, September 28th. HSBC Holdings plc lifted their target price on Coca-Cola Company (The) from $50.00 to $52.00 and gave the stock a “buy” rating in a report on Wednesday, September 27th. Macquarie began coverage on Coca-Cola Company (The) in a report on Friday, September 15th. They set a “neutral” rating and a $47.00 target price for the company. Vetr raised Coca-Cola Company (The) from a “sell” rating to a “strong-buy” rating in a report on Tuesday, September 12th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and set a $47.00 target price on shares of Coca-Cola Company (The) in a report on Thursday, September 7th. Two equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $46.12.

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About Coca-Cola Company (The)

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.

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