Coca-Cola European Partners plc (CCE) Receiving Somewhat Positive Press Coverage, Study Shows
- Author: Zachary Reyes May 17, 2017,
May 17, 2017, 22:44
The shares were sold at an average price of $43.43, for a total value of $3,813,154.00.
After a deep and thorough process of analysis and negotiations with The Coca-Cola Company (KO), Coca-Cola FEMSA, (KOF), announces that under the terms offered to acquire certain territories in the United States, KOF has concluded that it is the best course of action not to pursue this acquisition. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
Shares of The Coca-Cola Company (KO) touched the day high at $44.11 while its day Low was at $43.77. The company has a market cap of $188.42 billion, a PE ratio of 31.03 and a beta of 0.69. The company's 50 day moving average is $73.27 and its 200-day moving average is $67.39. The Coca-Cola has a 52-week low of $39.88 and a 52-week high of $46.01.
The Coca-Cola Co (NYSE:KO) was the recipient of unusually large options trading on Monday.
At the time of writing, the stock was trading at $40.41. This is an increase of 246% compared to the typical daily volume of 6,950 call options.
Shares of The Coca-Cola Co (NYSE:KO) traded up 0.57% on Wednesday, reaching $44.10. The Company's segments include Mexico and Central America division, which comprises Mexico (including corporate operations), Guatemala, Nicaragua, Costa Rica and Panama; the South America division, which consists of Brazil, Argentina and Colombia; Venezuela, which operates in an economy with exchange control and hyper-inflation, and the Asian division, which consists of the Company's equity method investment in Coca-Cola FEMSA Philippines, Inc. The firm had revenue of $9.12 billion for the quarter, compared to the consensus estimate of $8.85 billion. Similarly eased down performance for the quarter recorded as 2.00% and for the year was -23.35%, while the YTD performance remained at -5.64%. The Coca-Cola's revenue for the quarter was down 11.3% compared to the same quarter past year. Analysts predict that The Coca-Cola Co will post $1.88 earnings per share for the current year. The first value is calculated by adding the dividend yield to the percentage of repurchased shares. The ex-dividend date of this dividend is Tuesday, June 13th. Coca-Cola European Partners plc's dividend payout ratio (DPR) is 31.98%.
"ILLEGAL ACTIVITY WARNING: "[[title]]" was originally published by [[site]] and is owned by of [[site]]. If you are viewing this story on another domain, it was stolen and republished in violation of United States and worldwide copyright law. The correct version of this news story can be accessed at https://www.chaffeybreeze.com/2017/05/16/brokerages-set-coca-cola-femsa-s-a-b-de-c-v-kof-target-price-at-98-50-updated.html. Epsilon, an Alliance Data company, recently reported the signing of a relationship expansion contract with AT&T Business Solutions, which markets telecom services to millions of AT&T business consumers and prospects. Norges Bank purchased a new stake in The Coca-Cola during the fourth quarter valued at approximately $1,486,731,000. Consolidated (NasdaqGS:COKE), we see that the stock has a Value Composite score of 35. Barnett & Company Inc. boosted its position in The Coca-Cola by 27.7% in the third quarter. Following the transaction, the insider now owns 319,436 shares in the company, valued at approximately $13,815,607. Investors acquired 10,721 put options on the stock.
KO has been the topic of a number of analyst reports. Susquehanna Bancshares Inc set a $38.00 price objective on shares of The Coca-Cola and gave the company a "hold" rating in a research report on Saturday, March 25th. The return on assets ratio shows how well management is employing the company's total assets to make a profit. Gabelli reissued a "hold" rating on shares of The Coca-Cola in a research report on Saturday, February 11th. Sanford C. Bernstein set a $47.00 target price on The Coca-Cola and gave the stock a "buy" rating in a research report on Friday, February 10th. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have given a buy rating to the company. So is with The Coca-Cola Company.