Lincoln National Corp increased its position in The Coca-Cola Co (NYSE:KO) by 29.1% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 33,884 shares of the company’s stock after purchasing an additional 7,645 shares during the period. Lincoln National Corp’s holdings in The Coca-Cola were worth $1,525,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of KO. Cambridge Advisors Inc. grew its holdings in shares of The Coca-Cola by 0.3% in the 2nd quarter. Cambridge Advisors Inc. now owns 8,137 shares of the company’s stock worth $365,000 after acquiring an additional 26 shares during the period. Lyell Wealth Management LP grew its holdings in The Coca-Cola by 0.6% during the 2nd quarter. Lyell Wealth Management LP now owns 7,950 shares of the company’s stock valued at $359,000 after buying an additional 50 shares during the last quarter. Regentatlantic Capital LLC grew its holdings in The Coca-Cola by 0.4% during the 2nd quarter. Regentatlantic Capital LLC now owns 15,826 shares of the company’s stock valued at $710,000 after buying an additional 64 shares during the last quarter. Vigilant Capital Management LLC grew its holdings in The Coca-Cola by 1.9% during the 2nd quarter. Vigilant Capital Management LLC now owns 3,593 shares of the company’s stock valued at $161,000 after buying an additional 68 shares during the last quarter. Finally, Atlantic Trust LLC grew its holdings in The Coca-Cola by 1.4% during the 2nd quarter. Atlantic Trust LLC now owns 6,304 shares of the company’s stock valued at $283,000 after buying an additional 89 shares during the last quarter. 65.35% of the stock is owned by institutional investors and hedge funds.

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Shares of The Coca-Cola Co (KO) opened at $47.70 on Tuesday. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.30 and a current ratio of 1.39. The firm has a market capitalization of $203,230.00, a PE ratio of 45.43, a PEG ratio of 3.89 and a beta of 0.70. The Coca-Cola Co has a 52 week low of $40.22 and a 52 week high of $48.62.

In related news, insider J Alexander Douglas, Jr. sold 338,009 shares of The Coca-Cola stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of $46.09, for a total value of $15,578,834.81. Following the completion of the transaction, the insider now directly owns 320,013 shares in the company, valued at $14,749,399.17. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Robert Edward Long sold 15,000 shares of The Coca-Cola stock in a transaction dated Thursday, January 25th. The stock was sold at an average price of $47.95, for a total value of $719,250.00. Following the completion of the transaction, the insider now owns 24,673 shares of the company’s stock, valued at $1,183,070.35. The disclosure for this sale can be found here. Insiders have sold 460,649 shares of company stock valued at $21,379,611 over the last 90 days. Insiders own 1.51% of the company’s stock.

A number of equities research analysts have commented on the company. Stifel Nicolaus reiterated a “hold” rating and set a $49.00 target price on shares of The Coca-Cola in a report on Friday, December 22nd. Goldman Sachs Group set a $49.00 price objective on The Coca-Cola and gave the stock a “sell” rating in a report on Wednesday, January 10th. Morgan Stanley set a $48.00 price objective on The Coca-Cola and gave the stock a “neutral” rating in a report on Thursday, October 26th. Jefferies Group restated a “hold” rating and set a $47.00 price objective on shares of The Coca-Cola in a report on Wednesday, October 25th. Finally, Susquehanna Bancshares set a $41.00 price objective on The Coca-Cola and gave the stock a “hold” rating in a report on Wednesday, October 25th. Two investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating and eleven have assigned a buy rating to the stock. The Coca-Cola currently has an average rating of “Hold” and a consensus price target of $49.01.

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The Coca-Cola 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.

Institutional Ownership by Quarter for The Coca-Cola (NYSE:KO)

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