Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) Stock Position Cut by Tweedy Browne Co LLC

Tweedy Browne Co LLC cut its position in Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF - Free Report) by 4.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,329,940 shares of the company's stock after selling 55,535 shares during the quarter. Coca-Cola FEMSA comprises 7.0% of Tweedy Browne Co LLC's investment portfolio, making the stock its 7th biggest position. Tweedy Browne Co LLC owned about 0.08% of Coca-Cola FEMSA worth $103,589,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of KOF. SBI Securities Co. Ltd. bought a new stake in Coca-Cola FEMSA during the fourth quarter valued at $29,000. Steward Partners Investment Advisory LLC grew its holdings in shares of Coca-Cola FEMSA by 1,388.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 402 shares of the company's stock worth $31,000 after purchasing an additional 375 shares in the last quarter. Whipplewood Advisors LLC purchased a new position in shares of Coca-Cola FEMSA during the fourth quarter worth about $70,000. Wilmington Savings Fund Society FSB bought a new position in shares of Coca-Cola FEMSA in the third quarter worth approximately $71,000. Finally, Jones Financial Companies Lllp raised its stake in Coca-Cola FEMSA by 111.3% in the fourth quarter. Jones Financial Companies Lllp now owns 1,585 shares of the company's stock valued at $123,000 after purchasing an additional 835 shares in the last quarter.

Wall Street Analysts Forecast Growth

KOF has been the topic of a number of research reports. Barclays raised their price target on Coca-Cola FEMSA from $99.00 to $105.00 and gave the company an "overweight" rating in a research report on Tuesday, March 4th. StockNews.com cut Coca-Cola FEMSA from a "strong-buy" rating to a "buy" rating in a report on Wednesday. Seven analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of $104.00.

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Coca-Cola FEMSA Trading Down 4.0 %

KOF traded down $3.87 on Friday, hitting $93.01. 177,966 shares of the company were exchanged, compared to its average volume of 191,339. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.94 and a current ratio of 1.14. Coca-Cola FEMSA, S.A.B. de C.V. has a 12 month low of $72.68 and a 12 month high of $102.28. The firm has a fifty day simple moving average of $85.67 and a two-hundred day simple moving average of $83.37. The stock has a market capitalization of $156.32 billion, a PE ratio of 15.79, a price-to-earnings-growth ratio of 0.62 and a beta of 0.79.

Coca-Cola FEMSA (NYSE:KOF - Get Free Report) last issued its earnings results on Friday, February 21st. The company reported $1.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.51 by $0.22. Coca-Cola FEMSA had a net margin of 8.12% and a return on equity of 15.99%. The firm had revenue of $3.76 billion for the quarter, compared to analysts' expectations of $3.49 billion. Sell-side analysts expect that Coca-Cola FEMSA, S.A.B. de C.V. will post 5.7 earnings per share for the current year.

Coca-Cola FEMSA Company Profile

Coca-Cola FEMSA, SAB. de C.V., a franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay. The company offers sparkling beverages, including colas and flavored sparkling beverages; waters; other non-carbonated beverages comprising juice drinks, coffee, teas, milk, value-added dairy products, sports and energy drinks, and plant-based drinks; and alcoholic beverages, such as hard seltzer under the Topo Chico brand name.