Hudson Value Partners LLC Sells 275 Shares of CocaCola Company (The) $KO

Hudson Value Partners LLC lowered its position in CocaCola Company (The) (NYSE:KO) by 1.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 18,191 shares of the company’s stock after selling 275 shares during the period. Hudson Value Partners LLC’s holdings in CocaCola were worth $1,287,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. MorganRosel Wealth Management LLC bought a new position in shares of CocaCola in the 1st quarter worth approximately $25,000. 1248 Management LLC bought a new position in CocaCola during the 1st quarter valued at approximately $26,000. Garde Capital Inc. bought a new position in CocaCola during the 1st quarter valued at approximately $30,000. Mizuho Securities Co. Ltd. increased its position in CocaCola by 360.0% during the 1st quarter. Mizuho Securities Co. Ltd. now owns 460 shares of the company’s stock valued at $33,000 after buying an additional 360 shares in the last quarter. Finally, Ridgewood Investments LLC increased its position in CocaCola by 148.4% during the 1st quarter. Ridgewood Investments LLC now owns 477 shares of the company’s stock valued at $34,000 after buying an additional 285 shares in the last quarter. Institutional investors own 70.26% of the company’s stock.

CocaCola Stock Performance

Shares of KO opened at $66.75 on Thursday. The business’s fifty day simple moving average is $68.38 and its two-hundred day simple moving average is $69.99. The company has a current ratio of 1.21, a quick ratio of 0.98 and a debt-to-equity ratio of 1.49. CocaCola Company has a 12 month low of $60.62 and a 12 month high of $74.38. The company has a market cap of $287.25 billion, a price-to-earnings ratio of 23.67, a P/E/G ratio of 3.46 and a beta of 0.43.

CocaCola (NYSE:KO) last issued its earnings results on Tuesday, July 22nd. The company reported $0.87 EPS for the quarter, beating the consensus estimate of $0.83 by $0.04. CocaCola had a return on equity of 44.91% and a net margin of 25.89%.The business had revenue of $12.50 billion for the quarter, compared to the consensus estimate of $12.55 billion. During the same period last year, the business posted $0.84 EPS. The company’s revenue was up 2.5% compared to the same quarter last year. CocaCola has set its FY 2025 guidance at 2.970-2.970 EPS. Research analysts anticipate that CocaCola Company will post 2.96 earnings per share for the current fiscal year.

CocaCola Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Monday, September 15th were issued a $0.51 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $2.04 dividend on an annualized basis and a yield of 3.1%. CocaCola’s dividend payout ratio is currently 72.34%.

Analysts Set New Price Targets

KO has been the subject of a number of analyst reports. Royal Bank Of Canada set a $76.00 price objective on CocaCola and gave the company an “outperform” rating in a research report on Monday, July 21st. Wells Fargo & Company reduced their price objective on CocaCola from $78.00 to $75.00 and set an “overweight” rating for the company in a research report on Thursday, September 25th. UBS Group reduced their price objective on CocaCola from $84.00 to $80.00 and set a “buy” rating for the company in a research report on Thursday, September 11th. BNP Paribas reaffirmed an “outperform” rating and set a $83.00 price objective on shares of CocaCola in a research report on Monday, July 21st. Finally, JPMorgan Chase & Co. raised their price objective on CocaCola from $77.00 to $79.00 and gave the company an “overweight” rating in a research report on Wednesday, July 23rd. One research analyst has rated the stock with a Strong Buy rating and fourteen have issued a Buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $76.93.

Insider Transactions at CocaCola

In other CocaCola news, insider Nikolaos Koumettis sold 37,396 shares of the firm’s stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $69.10, for a total value of $2,584,063.60. Following the transaction, the insider directly owned 209,513 shares of the company’s stock, valued at approximately $14,477,348.30. This trade represents a 15.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.97% of the company’s stock.

About CocaCola

The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks, sparkling flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages; and other beverages. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores.