Highland Capital Management LLC Increases Stake in Coca-Cola Company (The) (KO)

Highland Capital Management LLC Increases Stake in Coca-Cola Company (The) (KO)

Company insiders own 1.51% of the company's stock. Finally, Yorktown Management & Research Co Inc purchased a new stake in Coca-Cola European Partners PLC during the first quarter worth $211,000. North American Management Corp now owns 6,435 shares of the company's stock valued at $289,000 after buying an additional 600 shares during the last quarter. Shell Asset Management Co. now owns 876,901 shares of the company's stock valued at $37,216,000 after buying an additional 4,101 shares during the last quarter. Pittenger & Anderson Inc. now owns 31,155 shares of the company's stock worth $1,292,000 after buying an additional 1,500 shares in the last quarter. SRS Capital Advisors Inc. boosted its position in shares of Coca-Cola Company (The) by 8.6% in the first quarter. Alpha Windward LLC now owns 7,693 shares of the company's stock worth $345,000 after buying an additional 34 shares during the last quarter. Perkins Coie Trust Co boosted its position in shares of Coca-Cola Company (The) by 21.9% in the second quarter. Perkins Coie Trust Co has an ownership of 3,180 stocks of the firms shares valued $143,000 after scooping up an extra 572 shares through out the quarter.

Coca-Cola European Partners PLC (NYSE CCE) traded up 1.23% during mid-day trading on Friday, hitting $43.75.

In other Coca-Cola Company (The) news, executive Jennifer K. Mann unloaded 8,819 stocks of the company's shares in a trade that took place on Mon, Aug 7th. Company shares have been seen trading -12.50% off of the 52 week high and 12.09% away from the 52 week low. The firm has a market capitalization of $194.46 billion, a P/E ratio of 48.14 and a beta of 0.69. Deutsche Bank downgraded The Coca-Cola Co (NYSE:KO) rating on Tuesday, December 13. The dividend will be $0.370 per share for the quarter which is $1.48 annualized. Equities research analysts anticipate that Coca-Cola Company will post $1.90 EPS for the current year. During the same period in the previous year, the firm earned $0.60 earnings per share. Coca-Cola Company (The)'s quarterly revenue was down 15.9% on a year-over-year basis. As of the last earnings report the EPS was $4.91 and is projected to be $9.75 for the current year with 9,334,000 shares presently outstanding. Coca-Cola Company (The) declared a dividend for shareholders payable on Monday October 2nd, 2017. The ex-dividend date was Wednesday the 26th of July 2017. This dividend amount was represent a yeild of $0.48. CCE is The Coca-Cola Company's strategic bottling partner in Western Europe. Great Lakes Advisors Llc stated it has 0.03% in The Coca-Cola Co (NYSE:KO). If you are accessing this article on another site, it was illegally stolen and reposted in violation of United States and global copyright & trademark legislation. The legal version of this article can be accessed at https://www.com-unik.info/2017/08/12/atalanta-sosnoff-capital-llc-increases-stake-in-coca-cola-company-the-ko.html.

CCE has been the subject of several recent analyst reports. Finally, Vetr raised shares of Coca-Cola Company (The) from a "hold" rating to a "buy" rating and set a $44.81 price target on the stock in a report on Monday, April 24th. UBS AG set a $48.00 target price on shares of Coca-Cola Company (The) and gave the company a "buy" rating in a research note on Tuesday, April 18th. Zacks Investment Research upgraded shares of Coca-Cola Company (The) from a "sell" rating to a "buy" rating and set a $48.00 target price for the company in a research note on Friday, April 21st.

Americans are drinking a lot - and it's scaring researchers
In this study, high-risk drinking was defined as exceeding the daily drinking limits at least weekly during the prior 12 months. The number of adults who suffered from an alcohol abuse or dependence grew from 17.6 million to 29.9 million over that decade.

Equity analyst Daiwa Capital began coverage of the stock giving it an initial rating of "Outperform". Coca-Cola Company (The) now has a consensus rating of Hold and a consensus price target of $45.70. Over the last three months, the shares of the company have changed -38.57% and performed -63.15% over the last six months.

As of quarter end New York State Teachers Retirement System had bought a total of 1,100 shares growing its position 60.1%. Following the transaction, the insider now directly owns 30,553 shares in the company, valued at $1,393,522.33. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The insider Finan Irial sold $15.94M. It dropped, as 76 investors sold KO shares while 623 reduced holdings. Following the completion of the transaction, the insider now owns 780,258 shares in the company, valued at approximately $35,111,610. The disclosure for this sale can be found here.

Coca-Cola Bottling Co. Consolidated, launched on April 8, 1980, produces, markets and distributes nonalcoholic beverages. 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.

In other news, SVP Beatriz R. Perez sold 10,000 shares of the business's stock in a transaction that occurred on Thursday, July 27th.

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