Country Club Trust Company n.a. Purchases 315 Shares of The Coca-Cola Co (KO)

Country Club Trust Company n.a. raised its position in The Coca-Cola Co (NYSE:KO) by 1.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 31,310 shares of the company’s stock after acquiring an additional 315 shares during the quarter. Country Club Trust Company n.a.’s holdings in The Coca-Cola were worth $1,483,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of KO. Cordasco Financial Network raised its stake in shares of The Coca-Cola by 26.1% in the fourth quarter. Cordasco Financial Network now owns 1,034 shares of the company’s stock worth $49,000 after buying an additional 214 shares during the period. IMS Capital Management bought a new position in shares of The Coca-Cola in the third quarter worth about $73,000. Mackey Komara & Dankovich LLC bought a new position in shares of The Coca-Cola in the fourth quarter worth about $109,000. Endurance Wealth Management Inc. raised its stake in shares of The Coca-Cola by 20.3% in the fourth quarter. Endurance Wealth Management Inc. now owns 2,369 shares of the company’s stock worth $112,000 after buying an additional 400 shares during the period. Finally, Westbourne Investment Advisors Inc. bought a new position in shares of The Coca-Cola in the third quarter worth about $117,000. 65.93% of the stock is currently owned by institutional investors.

KO has been the topic of several recent research reports. Macquarie set a $47.00 price objective on The Coca-Cola and gave the stock a “neutral” rating in a research note on Wednesday, October 17th. Jefferies Financial Group reaffirmed a “neutral” rating and issued a $48.00 price objective on shares of The Coca-Cola in a research note on Wednesday, October 17th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $56.00 price objective on shares of The Coca-Cola in a research note on Wednesday, October 17th. Wells Fargo & Co reaffirmed a “buy” rating and issued a $52.00 price objective on shares of The Coca-Cola in a research note on Wednesday, October 17th. Finally, Goldman Sachs Group reaffirmed a “neutral” rating and issued a $46.00 price objective on shares of The Coca-Cola in a research note on Thursday, October 18th. Thirteen equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $51.95.

NYSE KO opened at $49.79 on Thursday. The company has a market cap of $211.92 billion, a price-to-earnings ratio of 26.07, a PEG ratio of 3.02 and a beta of 0.53. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.06 and a quick ratio of 0.98. The Coca-Cola Co has a 1-year low of $41.45 and a 1-year high of $50.84.

In other The Coca-Cola news, insider Jennifer K. Mann sold 15,100 shares of the firm’s stock in a transaction that occurred on Monday, November 19th. The stock was sold at an average price of $50.40, for a total transaction of $761,040.00. Following the completion of the transaction, the insider now owns 40,058 shares in the company, valued at approximately $2,018,923.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Beatriz R. Perez sold 21,742 shares of the firm’s stock in a transaction that occurred on Monday, February 4th. The shares were sold at an average price of $48.76, for a total value of $1,060,139.92. Following the transaction, the insider now owns 92,645 shares of the company’s stock, valued at approximately $4,517,370.20. The disclosure for this sale can be found here. Insiders have sold a total of 46,842 shares of company stock valued at $2,306,180 in the last 90 days. 1.48% of the stock is currently owned by company insiders.

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About The Coca-Cola

The Coca-Cola Company, a beverage company, manufactures and distributes various nonalcoholic beverages worldwide. The company provides water, enhanced water, and sports drinks; juices; juice, dairy, and plant–based beverages; teas and coffees; and energy drinks. It also offers concentrates, syrups, beverage bases, source waters, and powders/minerals, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores.

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

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