ORG Wealth Partners LLC Sells 230 Shares of Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF)

ORG Wealth Partners LLC lowered its stake in Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) by 24.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 728 shares of the company’s stock after selling 230 shares during the quarter. ORG Wealth Partners LLC’s holdings in Coca-Cola FEMSA were worth $57,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC bought a new position in Coca-Cola FEMSA in the 3rd quarter worth about $31,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of Coca-Cola FEMSA during the 2nd quarter valued at about $32,000. Hartford Financial Management Inc. boosted its position in shares of Coca-Cola FEMSA by 42.2% during the 3rd quarter. Hartford Financial Management Inc. now owns 472 shares of the company’s stock valued at $42,000 after acquiring an additional 140 shares during the last quarter. GAMMA Investing LLC lifted its position in Coca-Cola FEMSA by 56.2% in the 3rd quarter. GAMMA Investing LLC now owns 545 shares of the company’s stock worth $48,000 after buying an additional 196 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new stake in Coca-Cola FEMSA in the 3rd quarter worth approximately $71,000.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on KOF shares. StockNews.com upgraded Coca-Cola FEMSA from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, November 5th. Citigroup raised Coca-Cola FEMSA from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $93.00 to $102.00 in a research note on Tuesday, October 29th. Finally, Barclays decreased their price target on Coca-Cola FEMSA from $110.00 to $108.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 30th. Six equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Coca-Cola FEMSA presently has an average rating of “Buy” and a consensus price target of $104.75.

Coca-Cola FEMSA Price Performance

KOF opened at $74.59 on Friday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.94 and a current ratio of 1.14. Coca-Cola FEMSA, S.A.B. de C.V. has a 52-week low of $74.43 and a 52-week high of $104.38. The stock has a market capitalization of $125.36 billion, a PE ratio of 12.66, a price-to-earnings-growth ratio of 0.71 and a beta of 0.83. The stock’s 50 day moving average price is $79.57 and its 200-day moving average price is $84.40.

Coca-Cola FEMSA Cuts Dividend

The firm also recently announced a semi-annual dividend, which was paid on Thursday, December 19th. Stockholders of record on Friday, December 6th were paid a dividend of $0.7433 per share. The ex-dividend date was Friday, December 6th. This represents a dividend yield of 3.7%. Coca-Cola FEMSA’s dividend payout ratio (DPR) is presently 11.71%.

Coca-Cola FEMSA Profile

Coca-Cola FEMSA, SAB. de C.V., a franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay. The company offers sparkling beverages, including colas and flavored sparkling beverages; waters; other non-carbonated beverages comprising juice drinks, coffee, teas, milk, value-added dairy products, sports and energy drinks, and plant-based drinks; and alcoholic beverages, such as hard seltzer under the Topo Chico brand name.