Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) Short Interest Down 13.1% in February

Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF - Get Free Report) was the recipient of a large decrease in short interest in February. As of February 28th, there was short interest totalling 347,900 shares, a decrease of 13.1% from the February 13th total of 400,200 shares. Based on an average daily volume of 174,100 shares, the short-interest ratio is currently 2.0 days. Approximately 0.7% of the shares of the company are sold short.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. StockNews.com lowered Coca-Cola FEMSA from a "strong-buy" rating to a "buy" rating in a research note on Thursday, March 13th. Barclays upped their price objective on Coca-Cola FEMSA from $99.00 to $105.00 and gave the stock an "overweight" rating in a research note on Tuesday, March 4th. Seven investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of $104.00.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. SBI Securities Co. Ltd. bought a new position in shares of Coca-Cola FEMSA during the 4th quarter valued at about $29,000. Steward Partners Investment Advisory LLC boosted its holdings in shares of Coca-Cola FEMSA by 1,388.9% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 402 shares of the company's stock valued at $31,000 after purchasing an additional 375 shares during the last quarter. Banque de Luxembourg S.A. bought a new position in shares of Coca-Cola FEMSA during the 4th quarter valued at about $43,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of Coca-Cola FEMSA during the 4th quarter valued at about $43,000. Finally, Parvin Asset Management LLC bought a new position in shares of Coca-Cola FEMSA during the 4th quarter valued at about $56,000.

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Coca-Cola FEMSA Price Performance

Coca-Cola FEMSA stock traded down $1.96 during mid-day trading on Friday, hitting $88.52. The stock had a trading volume of 388,664 shares, compared to its average volume of 171,306. The firm has a market capitalization of $148.76 billion, a P/E ratio of 15.03, a P/E/G ratio of 0.62 and a beta of 0.79. The company has a current ratio of 1.14, a quick ratio of 0.94 and a debt-to-equity ratio of 0.47. The firm's 50 day moving average is $82.75 and its 200 day moving average is $82.92. Coca-Cola FEMSA has a one year low of $72.68 and a one year high of $102.28.

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 for the quarter, topping the consensus estimate of $1.51 by $0.22. The company had revenue of $3.76 billion during the quarter, compared to the consensus estimate of $3.49 billion. Coca-Cola FEMSA had a net margin of 8.12% and a return on equity of 15.99%. On average, sell-side analysts forecast that Coca-Cola FEMSA will post 5.7 earnings per share for the current fiscal year.

About Coca-Cola FEMSA

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.