CENTRAL TRUST Co Has $9.49 Million Holdings in Coca-Cola Company (The) (KO)

CENTRAL TRUST Co lessened its holdings in shares of Coca-Cola Company (The) (NYSE:KO) by 3.9% in the second quarter, according to its most recent filing with the SEC. The firm owned 211,668 shares of the company’s stock after selling 8,657 shares during the quarter. CENTRAL TRUST Co’s holdings in Coca-Cola Company (The) were worth $9,493,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Signature Estate & Investment Advisors LLC boosted its position in Coca-Cola Company (The) by 5.0% during the 1st quarter. Signature Estate & Investment Advisors LLC now owns 2,725 shares of the company’s stock worth $116,000 after acquiring an additional 129 shares during the period. Meeder Asset Management Inc. boosted its position in Coca-Cola Company (The) by 59.4% during the 2nd quarter. Meeder Asset Management Inc. now owns 2,754 shares of the company’s stock worth $124,000 after acquiring an additional 1,026 shares during the period. SRS Capital Advisors Inc. boosted its position in Coca-Cola Company (The) by 8.6% during the 1st quarter. SRS Capital Advisors Inc. now owns 3,326 shares of the company’s stock worth $141,000 after acquiring an additional 264 shares during the period. Perkins Coie Trust Co boosted its position in Coca-Cola Company (The) by 21.9% during the 2nd quarter. Perkins Coie Trust Co now owns 3,180 shares of the company’s stock worth $143,000 after acquiring an additional 572 shares during the period. Finally, Welch Investments LLC boosted its position in Coca-Cola Company (The) by 26.5% during the 1st quarter. Welch Investments LLC now owns 3,497 shares of the company’s stock worth $148,000 after acquiring an additional 733 shares during the period. Institutional investors own 64.62% of the company’s stock.

TRADEMARK VIOLATION WARNING: This report was originally published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this report on another domain, it was copied illegally and reposted in violation of international trademark & copyright laws. The correct version of this report can be read at https://ledgergazette.com/2017/10/09/central-trust-co-has-9-49-million-holdings-in-coca-cola-company-the-ko.html.

Shares of Coca-Cola Company (NYSE KO) traded up 0.22% on Monday, reaching $45.59. The company’s stock had a trading volume of 3,033,460 shares. Coca-Cola Company has a 52-week low of $39.88 and a 52-week high of $46.98. The company has a 50 day moving average price of $45.69 and a 200 day moving average price of $44.69. The company has a market cap of $194.46 billion, a P/E ratio of 48.14 and a beta of 0.70.

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

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

In other Coca-Cola Company (The) news, insider Robert Edward Long sold 26,470 shares of Coca-Cola Company (The) stock in a transaction dated Friday, August 11th. The stock was sold at an average price of $45.88, for a total value of $1,214,443.60. Following the sale, the insider now owns 45,393 shares of the company’s stock, valued at approximately $2,082,630.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through 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 shares were sold at an average price of $46.00, for a total value of $460,000.00. Following the completion of the sale, the senior vice president now directly owns 98,718 shares in the company, valued at approximately $4,541,028. The disclosure for this sale can be found here. Insiders sold a total of 366,835 shares of company stock worth $16,874,246 in the last three months. Company insiders own 1.51% of the company’s stock.

A number of research firms have recently commented on KO. Bank of America Corporation boosted their price objective on Coca-Cola Company (The) from $50.00 to $52.00 and gave the stock a “buy” rating in a research note on Monday. Cowen and Company reissued a “hold” rating and issued a $42.00 price objective on shares of Coca-Cola Company (The) in a research note on Thursday, September 28th. HSBC Holdings plc boosted their price objective on Coca-Cola Company (The) from $50.00 to $52.00 and gave the stock a “buy” rating in a research note on Wednesday, September 27th. Macquarie began coverage on Coca-Cola Company (The) in a research note on Friday, September 15th. They issued a “neutral” rating and a $47.00 price objective on the stock. Finally, Vetr raised Coca-Cola Company (The) from a “sell” rating to a “strong-buy” rating in a research note on Tuesday, September 12th. Two inv

Other hedge funds have also made changes to their positions in the company. Signature Estate & Investment Advisors LLC boosted its position in Coca-Cola Company (The) by 5.0% during the 1st quarter. Signature Estate & Investment Advisors LLC now owns 2,725 shares of the company’s stock worth $116,000 after acquiring an additional 129 shares during the period. Meeder Asset Management Inc. boosted its position in Coca-Cola Company (The) by 59.4% during the 2nd quarter. Meeder Asset Management Inc. now owns 2,754 shares of the company’s stock worth $124,000 after acquiring an additional 1,026 shares during the period. SRS Capital Advisors Inc. boosted its position in Coca-Cola Company (The) by 8.6% during the 1st quarter. SRS Capital Advisors Inc. now owns 3,326 shares of the company’s stock worth $141,000 after acquiring an additional 264 shares during the period. Perkins Coie Trust Co boosted its position in Coca-Cola Company (The) by 21.9% during the 2nd quarter. Perkins Coie Trust Co now owns 3,180 shares of the company’s stock worth $143,000 after acquiring an additional 572 shares during the period. Finally, Welch Investments LLC boosted its position in Coca-Cola Company (The) by 26.5% during the 1st quarter. Welch Investments LLC now owns 3,497 shares of the company’s stock worth $148,000 after acquiring an additional 733 shares during the period. Institutional investors own 64.62% of the company’s stock.

TRADEMARK VIOLATION WARNING: This report was originally published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this report on another domain, it was copied illegally and reposted in violation of international trademark & copyright laws. The correct version of this report can be read at https://ledgergazette.com/2017/10/09/central-trust-co-has-9-49-million-holdings-in-coca-cola-company-the-ko.html.

Shares of Coca-Cola Company (NYSE KO) traded up 0.22% on Monday, reaching $45.59. The company’s stock had a trading volume of 3,033,460 shares. Coca-Cola Company has a 52-week low of $39.88 and a 52-week high of $46.98. The company has a 50 day moving average price of $45.69 and a 200 day moving average price of $44.69. The company has a market cap of $194.46 billion, a P/E ratio of 48.14 and a beta of 0.70.

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

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

In other Coca-Cola Company (The) news, insider Robert Edward Long sold 26,470 shares of Coca-Cola Company (The) stock in a transaction dated Friday, August 11th. The stock was sold at an average price of $45.88, for a total value of $1,214,443.60. Following the sale, the insider now owns 45,393 shares of the company’s stock, valued at approximately $2,082,630.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through 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 shares were sold at an average price of $46.00, for a total value of $460,000.00. Following the completion of the sale, the senior vice president now directly owns 98,718 shares in the company, valued at approximately $4,541,028. The disclosure for this sale can be found here. Insiders sold a total of 366,835 shares of company stock worth $16,874,246 in the last three months. Company insiders own 1.51% of the company’s stock.

A number of research firms have recently commented on KO. Bank of America Corporation boosted their price objective on Coca-Cola Company (The) from $50.00 to $52.00 and gave the stock a “buy” rating in a research note on Monday. Cowen and Company reissued a “hold” rating and issued a $42.00 price objective on shares of Coca-Cola Company (The) in a research note on Thursday, September 28th. HSBC Holdings plc boosted their price objective on Coca-Cola Company (The) from $50.00 to $52.00 and gave the stock a “buy” rating in a research note on Wednesday, September 27th. Macquarie began coverage on Coca-Cola Company (The) in a research note on Friday, September 15th. They issued a “neutral” rating and a $47.00 price objective on the stock. Finally, Vetr raised Coca-Cola Company (The) from a “sell” rating to a “strong-buy” rating in a research note on Tuesday, September 12th. Two investment analysts have rated the stock with a sell rating, fifteen have given a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $46.29.

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.

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

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