*Coca Cola Co (KO) Stake Held by Schwab Charles Investment Management Inc

June 27, 2018 - By Sarah North

The Coca-Cola Company (NYSE:KO) Corporate LogoDuring 2018 Q1 the big money sentiment decreased to 0.69. That’s change of 0.22, from 2017Q4’s 0.91. 74 investors sold all, 684 reduced holdings as KO ratio dived. 416 grew positions while 104 funds amassed positions. Funds hold 2.72 billion shares thus 0.06% less from 2017Q4’s 2.73 billion shares. Reynders Mcveigh Capital Management Ltd holds 0% of its capital in The Coca-Cola Company (NYSE:KO) for 619 shs. Creative Planning holds 0.07% of its capital in The Coca-Cola Company (NYSE:KO) for 400,879 shs. Violich Mgmt stated it has 69,998 shs. Whittier Trust Co reported 0.4% in The Coca-Cola Company (NYSE:KO). Forte Limited Liability Adv holds 0.23% or 12,798 shs. 85,069 are held by Stock Yards Bank. Nippon Life Investors Americas owns 0.67% invested in The Coca-Cola Company (NYSE:KO) for 188,060 shs. Smart Portfolios Lc invested 0.02% in The Coca-Cola Company (NYSE:KO). Stearns Financial Svcs Group has 21,505 shs for 0.23% of their capital. Cornerstone Advsrs holds 15,406 shs. Lowe Brockenbrough And holds 0.72% or 112,598 shs. Federated Invsts Pa reported 18.79M shs or 2.37% of all its holdings. The Illinois-based Wolverine Asset Lc has invested 0.03% in The Coca-Cola Company (NYSE:KO). Btr Capital Mngmt accumulated 33,879 shs or 0.29% of the stock. Bailard Inc invested in 9,703 shs.

KO registered $6.52 million net activity with 0 insider buys and 5 insider sales since January 16, 2018. MANN JENNIFER K sold 1,883 shs worth $84,735. 15,000 shs valued at $719,250 were sold by LONG ROBERT EDWARD on Wednesday, January 24. Waller Kathy N had sold 23,240 shs worth $1.07M. On Tuesday, January 23 the insider HAYS ED sold $4.01M.

According to 2018Q1 Securities and Exchange filling the Schwab Charles Investment Management Inc reduced its stake in Coca Cola Co (KO) by 30.02%. The company’s stock sank 3.70% while Schwab Charles Investment Management Inc sold 6.00 million shares. At the end of 2018Q1, the institutional investor held 14.00 million shares of the beverages (production and distribution) company, valued at $607.84M, down from 20.00 million at the end of the previous reported quarter. Coca Cola Co has $185.10 billion market cap. KO reached $43.5 during the last trading session after $0.17 change.Currently The Coca-Cola Company is downtrending after 6.63% change in last June 27, 2017. KO has 4.31 million shares volume. The stock underperformed the S&P500 by 19.20%.

About $128.65 billion US Long portfolio Schwab Charles Investment Management Inc manages. It increased its stake in Schwab Strategic Tr (SCHO) by 96,645 shares to 273,020 shares, valued at $13.61M in 2018Q1, according to the filing. For a total of 2.25 million shares it increased its holding in Cubesmart (NYSE:CUBE) by 171,004 shares in the quarter, and has risen its stake in Hillenbrand Inc (NYSE:HI).

On July, 25. Investors expect The Coca-Cola Company (NYSE:KO) to report its quarterly earnings, according to RTT. Analysts have anticipation on stock’s earnings per share of $0.61. That’s up 3.39 % from last year’s $0.59 earnings per share. If the current earnings per share of $0.61 is accurate, KO’s profit could be $2.60B. 29.79 % EPS growth is what Wall Street’s predicts after $0.47 reported EPS previous quarter.

More recent The Coca-Cola Company (NYSE:KO) news were announced by Seekingalpha.com, Seekingalpha.com and 247Wallst.com. The first one has “Wall Street Breakfast: Oil Back Above $70” as a title and was announced on June 27, 2018. The next is “The Coca-Cola Company (KO) Management Presents at Deutsche Bank Global Consumer Conference (Transcript)” on June 13, 2018. And last was announced on June 26, 2018, called “5 Stocks to Buy Now If You Are Worried About a Stock Market Crash”.

The Coca-Cola Company (NYSE:KO) Ratings Coverage

Total analysts of 9 have positions in Coca-Cola (NYSE:KO) as follows: 4 rated it a “Buy”, 0 with “Sell” and 5 with “Hold”. The positive are 44%. The firm has $53 highest while $44.0 is the lowest target price. The average target $47.83 is 9.95% above the last ($43.5) price. Since January 4, 2018 according to StockzIntelligence Inc Coca-Cola has 12 analyst reports. On Thursday, January 4 the rating was maintained by Jefferies with “Hold”. On Thursday, May 17 Barclays Capital upgraded The Coca-Cola Company (NYSE:KO) to “Overweight” rating. On Friday, January 12 the stock has “Outperform” rating by Evercore. On Tuesday, April 17 the stock has “Hold” rating by Goldman Sachs. On Thursday, May 17 the firm has “Buy” rating by Citigroup given. On Tuesday, February 20 BMO Capital Markets maintained The Coca-Cola Company (NYSE:KO) rating. BMO Capital Markets has “Market Perform” rating and $48 target. On Friday, February 16 the stock has “Hold” rating by BMO Capital Markets. On Tuesday, February 20 the stock has “Outperform” rating by Credit Suisse. On Tuesday, March 27 the stock of The Coca-Cola Company (NYSE:KO) earned “Hold” rating by Jefferies. On Tuesday, February 20 the firm has “Neutral” rating given by JP Morgan.

The Coca-Cola Company (NYSE:KO) Institutional Investors Chart

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