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.

American Midstream Partners LP
Zacks Investment Research raised DCP Midstream Partners, from a "strong sell" rating to a "hold" rating in a report on Thursday. Barksdale & Associates Inc. increased its position in shares of Magellan Midstream Partners L.P.by 39.0% in the first quarter.

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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