SCS Capital Management LLC Sells 50,287 Shares of CocaCola Company (The) $KO

SCS Capital Management LLC lessened its stake in shares of CocaCola Company (The) (NYSE:KOFree Report) by 11.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 399,711 shares of the company’s stock after selling 50,287 shares during the quarter. SCS Capital Management LLC’s holdings in CocaCola were worth $27,944,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Anfield Capital Management LLC boosted its stake in shares of CocaCola by 438.8% during the 4th quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock worth $25,000 after acquiring an additional 294 shares in the last quarter. Headlands Technologies LLC bought a new stake in CocaCola during the 2nd quarter valued at approximately $26,000. Daytona Street Capital LLC bought a new stake in CocaCola during the 4th quarter valued at approximately $29,000. Elevated Capital Advisors LLC bought a new stake in CocaCola during the 4th quarter valued at approximately $30,000. Finally, KERR FINANCIAL PLANNING Corp bought a new stake in CocaCola during the 3rd quarter valued at approximately $31,000. Institutional investors own 70.26% of the company’s stock.

Insider Transactions at CocaCola

In other CocaCola news, EVP Nancy Quan sold 31,625 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $80.93, for a total value of $2,559,411.25. Following the completion of the transaction, the executive vice president owned 223,330 shares of the company’s stock, valued at $18,074,096.90. This represents a 12.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Bruno Pietracci sold 28,765 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $79.41, for a total value of $2,284,228.65. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 558,514 shares of company stock worth $44,183,386. Insiders own 0.90% of the company’s stock.

CocaCola Trading Down 0.1%

CocaCola stock opened at $78.96 on Monday. The business has a 50 day moving average price of $77.75 and a two-hundred day moving average price of $75.09. The company has a quick ratio of 1.15, a current ratio of 1.36 and a debt-to-equity ratio of 1.09. The stock has a market cap of $339.71 billion, a price-to-earnings ratio of 24.83, a price-to-earnings-growth ratio of 3.16 and a beta of 0.35. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $82.66.

CocaCola (NYSE:KOGet Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.81 by $0.05. The firm had revenue of $12.47 billion during the quarter, compared to analysts’ expectations of $12.24 billion. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.The company’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.73 EPS. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, equities analysts forecast that CocaCola Company will post 3.26 EPS for the current year.

CocaCola Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be issued a $0.53 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $2.12 annualized dividend and a yield of 2.7%. CocaCola’s dividend payout ratio is 66.67%.

Wall Street Analyst Weigh In

KO has been the subject of several recent analyst reports. Royal Bank Of Canada set a $87.00 target price on CocaCola in a research note on Wednesday, February 11th. Weiss Ratings upgraded CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday, May 4th. Evercore restated an “outperform” rating and set a $85.00 target price on shares of CocaCola in a research note on Wednesday, February 11th. Citigroup increased their target price on CocaCola from $90.00 to $91.00 and gave the company a “buy” rating in a research note on Monday, May 18th. Finally, Jefferies Financial Group increased their target price on CocaCola from $87.00 to $90.00 and gave the company a “buy” rating in a research note on Monday, March 16th. Fifteen analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, CocaCola presently has an average rating of “Buy” and an average price target of $86.80.

Check Out Our Latest Analysis on CocaCola

CocaCola Profile

(Free Report)

The Coca‑Cola Company (NYSE: KO) is a global beverage manufacturer, marketer and distributor best known for its flagship Coca‑Cola soda. Headquartered in Atlanta, Georgia, the company develops and sells concentrates, syrups and finished beverages across a broad portfolio of brands. Its product range spans sparkling soft drinks, bottled water, sports drinks, juices, ready‑to‑drink teas and coffees, and other still beverages, marketed under both global and regional brand names.

Coca‑Cola’s brand portfolio includes widely recognized names such as Coca‑Cola, Diet Coke, Coca‑Cola Zero Sugar, Sprite, Fanta, Minute Maid, Powerade and Dasani, and in recent years the company has expanded into the coffee and premium beverage categories through acquisitions such as Costa Coffee.

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Institutional Ownership by Quarter for CocaCola (NYSE:KO)

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