Suntrust Banks INC Has Upped Its Coca Cola Co (KO) Holding

The Pekin Singer Strauss Asset Management holds 17,200 shares with $713,000 value, up from 8,950 last quarter.

Several equities analysts have recently weighed in on the stock. Aristotle Capital Management LLC increased its stake in The Coca-Cola by 17,376.6% in the fourth quarter. Moreover, C V Starr & Co Inc has 11.38% invested in the company for 73,600 shares.

The Coca-Cola Co (NYSE KO) traded up 0.09% during midday trading on Wednesday, reaching $45.47. DIAM Co. Ltd. now owns 766,872 shares of the company's stock valued at $32,320,000 after buying an additional 140,867 shares during the period.

Suntrust Banks Inc increased its stake in Coca Cola Co (KO) by 3.39% based on its latest 2016Q4 regulatory filing with the SEC. Mcmillion Capital Management Inc. now owns 43,434 shares of the company's stock valued at $1,838,000 after buying an additional 2,087 shares in the last quarter. Goldman Sachs Group Inc set a $38.00 target price on shares of The Coca-Cola and gave the stock a "sell" rating in a research note on Friday, February 10th. The company had a trading volume of 14,148,040 shares. Burney Company stated it has 0.11% of its portfolio in The Coca-Cola Co (NYSE:KO). The market capitalization of the company is at $194.36 Billion. Barclays Capital reinitiated The Coca-Cola Co (NYSE:KO) rating on Friday, August 7. The company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by $0.01.

Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) stock stands 10.82% away from its 50-day simple moving average and also 32.16% away from the 200-day average. The firm had revenue of $9.12 billion during the quarter, compared to the consensus estimate of $8.85 billion. During the same period previous year, the firm posted $0.45 EPS. The Coca-Cola's revenue for the quarter was down 11.3% on a year-over-year basis.

While looking at the Stock's Performance, The Coca-Cola Company now shows a Weekly Performance of 2.43%, where Monthly Performance is 5.21%, Quarterly performance is 7.85%, 6 Months performance is 8.91% and yearly performance percentage is 1.95%.

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 5th. Stockholders of record on Thursday, June 15th will be given a $0.37 dividend. The ex-dividend date of this dividend is Thursday, June 29th.

Since January 1, 0001, it had 0 insider purchases, and 10 selling transactions for $3.89 million activity. The Coca-Cola's payout ratio is 93.33%. If you are reading this piece on another domain, it was copied illegally and republished in violation of U.S. and global trademark and copyright legislation. The original version of this story can be read at

Analysts await MPLX LP (NYSE:MPLX) to report earnings on July, 27. Finally, Royal Bank of Canada reaffirmed a "buy" rating and set a $49.00 price objective on shares of The Coca-Cola in a research note on Monday, April 24th. Finally, Jefferies Group LLC restated a "neutral" rating and issued a $45.00 price objective on shares of The Coca-Cola in a report on Tuesday, April 25th. Zacks downgraded the shares of CCE in report on Wednesday, August 26 to "Buy" rating. Two analysts have rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the stock. Coca-Cola European Partners plc presently has a consensus rating of "Buy" and a consensus price target of $44.17. The stock was sold at an average price of $45.00, for a total transaction of $15,936,570.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. About 483,317 shares traded. Insiders own 1.54% of the company's stock. Following the completion of the transaction, the insider now directly owns 149,185 shares in the company, valued at approximately $6,479,104.55. The disclosure for this sale can be found here. The price index is calculated by dividing the current share price by the share price ten months ago. Corporate insiders own 1.54% of the company's stock.

5 year sales growth rate is an important factor for valuation analysis, the 5 year sales growth of Coca-Cola Company (The) (KO) stands at -2.1 while the industry's and the sector's growth for next 5 years ticked at 6.29 and 10.8 respectively.

  • Zachary Reyes