Terril Brothers Inc. Raises Holdings in The Coca-Cola Co (KO)

Terril Brothers Inc. grew its holdings in shares of The Coca-Cola Co (NYSE:KO) by 14.1% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,953 shares of the company’s stock after purchasing an additional 1,107 shares during the quarter. Terril Brothers Inc.’s holdings in The Coca-Cola were worth $403,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Lyell Wealth Management LP boosted its position in shares of The Coca-Cola by 0.6% in the second quarter. Lyell Wealth Management LP now owns 7,950 shares of the company’s stock valued at $359,000 after acquiring an additional 50 shares during the period. Vigilant Capital Management LLC boosted its position in shares of The Coca-Cola by 1.9% in the second quarter. Vigilant Capital Management LLC now owns 3,593 shares of the company’s stock valued at $161,000 after acquiring an additional 68 shares during the period. Atlantic Trust LLC boosted its position in shares of The Coca-Cola by 1.4% in the second quarter. Atlantic Trust LLC now owns 6,304 shares of the company’s stock valued at $283,000 after acquiring an additional 89 shares during the period. Noesis Capital Mangement Corp boosted its position in shares of The Coca-Cola by 1.0% in the second quarter. Noesis Capital Mangement Corp now owns 8,680 shares of the company’s stock valued at $389,000 after acquiring an additional 90 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC boosted its position in shares of The Coca-Cola by 0.6% in the second quarter. Patriot Financial Group Insurance Agency LLC now owns 16,963 shares of the company’s stock valued at $753,000 after acquiring an additional 95 shares during the period. Hedge funds and other institutional investors own 65.30% of the company’s stock.

The Coca-Cola Co (NYSE:KO) opened at $47.16 on Friday. The company has a market cap of $200,933.06, a P/E ratio of 24.95, a price-to-earnings-growth ratio of 3.78 and a beta of 0.70. The Coca-Cola Co has a one year low of $40.22 and a one year high of $47.48. 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 Coca-Cola (NYSE:KO) last posted its quarterly earnings results on Wednesday, October 25th. The company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.49 by $0.01. The firm had revenue of $9.08 billion for the quarter, compared to the consensus estimate of $8.73 billion. The Coca-Cola had a net margin of 12.20% and a return on equity of 36.21%. The business’s revenue was down 14.6% compared to the same quarter last year. During the same period last year, the firm posted $0.49 earnings per share. sell-side analysts predict that The Coca-Cola Co will post 1.91 EPS for the current fiscal year.

In other The Coca-Cola news, CFO Kathy N. Waller sold 23,240 shares of The Coca-Cola stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $46.15, for a total transaction of $1,072,526.00. Following the transaction, the chief financial officer now directly owns 123,796 shares of the company’s stock, valued at $5,713,185.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider J Alexander Douglas, Jr. sold 338,009 shares of The Coca-Cola stock in a transaction that occurred on Wednesday, November 8th. The stock was sold at an average price of $46.09, for a total transaction of $15,578,834.81. Following the transaction, the insider now directly owns 320,013 shares in the company, valued at $14,749,399.17. The disclosure for this sale can be found here. Company insiders own 1.51% of the company’s stock.

KO has been the subject of several research analyst reports. Wells Fargo & Co upgraded shares of The Coca-Cola from a “market perform” rating to an “outperform” rating and lifted their target price for the company from $46.72 to $51.00 in a research report on Tuesday, November 14th. Deutsche Bank initiated coverage on shares of The Coca-Cola in a research report on Wednesday, December 13th. They set a “buy” rating and a $52.00 target price for the company. Vetr upgraded shares of The Coca-Cola from a “hold” rating to a “buy” rating and set a $47.68 target price for the company in a research report on Monday, December 11th. Zacks Investment Research upgraded shares of The Coca-Cola from a “hold” rating to a “buy” rating and set a $52.00 target price for the company in a research report on Friday, October 27th. Finally, Royal Bank of Canada set a $49.00 target price on shares of The Coca-Cola and gave the company a “buy” rating in a research report on Sunday, November 12th. Two equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and eleven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $49.01.

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The Coca-Cola 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 The Coca-Cola (NYSE:KO)

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