Windsor Group LTD Has $299,000 Position in The Coca-Cola Company (NYSE:KO)

Windsor Group LTD boosted its holdings in shares of The Coca-Cola Company (NYSE:KO) by 7.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,969 shares of the company’s stock after purchasing an additional 362 shares during the period. Windsor Group LTD’s holdings in Coca-Cola were worth $299,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of KO. Morgan Stanley grew its holdings in shares of Coca-Cola by 15.7% during the fourth quarter. Morgan Stanley now owns 79,101,856 shares of the company’s stock worth $5,031,669,000 after purchasing an additional 10,722,435 shares during the last quarter. Geode Capital Management LLC increased its position in Coca-Cola by 1.4% in the 1st quarter. Geode Capital Management LLC now owns 76,982,020 shares of the company’s stock valued at $4,764,721,000 after acquiring an additional 1,087,974 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Coca-Cola by 4.4% in the first quarter. Charles Schwab Investment Management Inc. now owns 60,636,577 shares of the company’s stock worth $3,728,653,000 after acquiring an additional 2,546,489 shares during the last quarter. Moneta Group Investment Advisors LLC lifted its position in shares of Coca-Cola by 103,297.9% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 57,734,303 shares of the company’s stock worth $3,672,479,000 after purchasing an additional 57,678,466 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of Coca-Cola in the fourth quarter valued at approximately $2,937,315,000. 68.96% of the stock is currently owned by institutional investors.

Coca-Cola Trading Up 0.6 %

NYSE:KO opened at $58.30 on Tuesday. The business’s 50-day simple moving average is $60.49 and its 200-day simple moving average is $61.25. The Coca-Cola Company has a fifty-two week low of $54.01 and a fifty-two week high of $64.99. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.14 and a quick ratio of 0.95. The stock has a market capitalization of $252.11 billion, a PE ratio of 23.99, a price-to-earnings-growth ratio of 3.40 and a beta of 0.55.

Coca-Cola (NYSE:KO) last released its quarterly earnings results on Wednesday, July 26th. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.06. Coca-Cola had a net margin of 23.81% and a return on equity of 43.06%. The company had revenue of $12 billion during the quarter, compared to analysts’ expectations of $11.74 billion. During the same quarter in the prior year, the company earned $0.70 earnings per share. The business’s quarterly revenue was up 6.2% compared to the same quarter last year. Sell-side analysts expect that The Coca-Cola Company will post 2.63 earnings per share for the current fiscal year.

Coca-Cola Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Friday, September 15th will be issued a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 3.16%. The ex-dividend date of this dividend is Thursday, September 14th. Coca-Cola’s dividend payout ratio (DPR) is presently 75.72%.

Insider Buying and Selling at Coca-Cola

In other news, SVP Monica Howard Douglas sold 21,074 shares of the company’s stock in a transaction dated Thursday, August 10th. The stock was sold at an average price of $60.90, for a total transaction of $1,283,406.60. Following the completion of the transaction, the senior vice president now directly owns 18,360 shares of the company’s stock, valued at $1,118,124. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, SVP Beatriz R. Perez sold 50,000 shares of the business’s stock in a transaction that occurred on Thursday, July 27th. The stock was sold at an average price of $62.66, for a total transaction of $3,133,000.00. Following the transaction, the senior vice president now directly owns 143,383 shares of the company’s stock, valued at approximately $8,984,378.78. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Monica Howard Douglas sold 21,074 shares of the company’s stock in a transaction on Thursday, August 10th. The shares were sold at an average price of $60.90, for a total transaction of $1,283,406.60. Following the completion of the transaction, the senior vice president now owns 18,360 shares in the company, valued at $1,118,124. The disclosure for this sale can be found here. Insiders have sold 227,364 shares of company stock valued at $14,122,016 in the last 90 days. 1.00% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. HSBC decreased their price objective on Coca-Cola from $77.00 to $74.00 in a research report on Wednesday, June 7th. StockNews.com started coverage on Coca-Cola in a report on Thursday, August 17th. They set a “buy” rating for the company. Royal Bank of Canada raised their target price on shares of Coca-Cola from $69.00 to $70.00 in a research note on Thursday, July 27th. Barclays boosted their price target on shares of Coca-Cola from $69.00 to $70.00 and gave the stock an “overweight” rating in a research note on Friday, July 28th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Coca-Cola from $67.00 to $71.00 and gave the company an “overweight” rating in a research note on Thursday, July 27th. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat.com, Coca-Cola presently has a consensus rating of “Moderate Buy” and a consensus target price of $68.33.

About Coca-Cola

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.