J.W. Cole Advisors Inc. Has $5.44 Million Stock Position in The Coca-Cola Company (NYSE:KO)

J.W. Cole Advisors Inc. lifted its position in shares of The Coca-Cola Company (NYSE:KO) by 1.3% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 87,306 shares of the company’s stock after buying an additional 1,143 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Coca-Cola were worth $5,436,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of KO. Investment Partners Asset Management Inc. boosted its position in shares of Coca-Cola by 2.2% during the third quarter. Investment Partners Asset Management Inc. now owns 6,956 shares of the company’s stock valued at $500,000 after purchasing an additional 150 shares in the last quarter. Blossom Wealth Management boosted its position in shares of Coca-Cola by 3.3% during the third quarter. Blossom Wealth Management now owns 4,890 shares of the company’s stock valued at $351,000 after purchasing an additional 155 shares in the last quarter. Strategic Investment Solutions Inc. IL boosted its position in shares of Coca-Cola by 1.6% during the third quarter. Strategic Investment Solutions Inc. IL now owns 9,993 shares of the company’s stock valued at $718,000 after purchasing an additional 159 shares in the last quarter. DeDora Capital Inc. boosted its position in shares of Coca-Cola by 3.4% during the third quarter. DeDora Capital Inc. now owns 4,902 shares of the company’s stock valued at $352,000 after purchasing an additional 160 shares in the last quarter. Finally, Freedom Day Solutions LLC boosted its position in shares of Coca-Cola by 1.1% during the third quarter. Freedom Day Solutions LLC now owns 14,229 shares of the company’s stock valued at $1,022,000 after purchasing an additional 160 shares in the last quarter. Institutional investors and hedge funds own 70.26% of the company’s stock.

Coca-Cola Stock Down 0.9 %

Coca-Cola stock opened at $68.85 on Friday. The stock has a market cap of $296.59 billion, a PE ratio of 28.45, a price-to-earnings-growth ratio of 3.55 and a beta of 0.61. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.90 and a current ratio of 1.06. The Coca-Cola Company has a one year low of $57.93 and a one year high of $73.53. The stock has a fifty day moving average of $63.02 and a 200 day moving average of $66.37.

Coca-Cola (NYSE:KO) last posted its quarterly earnings data on Tuesday, February 11th. The company reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.04. Coca-Cola had a return on equity of 44.01% and a net margin of 22.45%. As a group, sell-side analysts predict that The Coca-Cola Company will post 2.85 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Jefferies Financial Group raised Coca-Cola from a “hold” rating to a “buy” rating and boosted their target price for the stock from $69.00 to $75.00 in a report on Thursday, January 30th. Barclays boosted their target price on Coca-Cola from $66.00 to $73.00 and gave the stock an “overweight” rating in a report on Thursday. UBS Group boosted their target price on Coca-Cola from $72.00 to $78.00 and gave the stock a “buy” rating in a report on Wednesday. Royal Bank of Canada reissued an “outperform” rating and issued a $69.00 target price on shares of Coca-Cola in a report on Thursday, February 6th. Finally, Deutsche Bank Aktiengesellschaft raised Coca-Cola from a “hold” rating to a “buy” rating and boosted their target price for the stock from $68.00 to $70.00 in a report on Thursday, December 12th. Two research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Coca-Cola has an average rating of “Moderate Buy” and an average target price of $73.82.

Coca-Cola Company Profile

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.