Integrated Quantitative Investments LLC Purchases Shares of 4,600 Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF)

Integrated Quantitative Investments LLC acquired a new position in Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 4,600 shares of the company's stock, valued at approximately $358,000.

Other large investors have also recently made changes to their positions in the company. SBI Securities Co. Ltd. bought a new stake in Coca-Cola FEMSA during the fourth quarter worth approximately $29,000. Steward Partners Investment Advisory LLC boosted its holdings in shares of Coca-Cola FEMSA by 1,388.9% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 402 shares of the company's stock worth $31,000 after purchasing an additional 375 shares during the period. Whipplewood Advisors LLC bought a new position in shares of Coca-Cola FEMSA during the 4th quarter valued at approximately $70,000. Wilmington Savings Fund Society FSB bought a new stake in Coca-Cola FEMSA in the third quarter worth $71,000. Finally, Jones Financial Companies Lllp increased its position in Coca-Cola FEMSA by 111.3% during the fourth quarter. Jones Financial Companies Lllp now owns 1,585 shares of the company's stock valued at $123,000 after acquiring an additional 835 shares during the last quarter.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. StockNews.com downgraded shares of Coca-Cola FEMSA from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, April 2nd. Barclays lifted their price objective on shares of Coca-Cola FEMSA from $99.00 to $105.00 and gave the company an "overweight" rating in a report on Tuesday, March 4th. Seven investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Coca-Cola FEMSA presently has a consensus rating of "Buy" and an average target price of $104.00.

Coca-Cola FEMSA Stock Down 1.2 %

Shares of KOF stock traded down $1.18 on Thursday, hitting $93.81. The stock had a trading volume of 85,819 shares, compared to its average volume of 196,044. Coca-Cola FEMSA, S.A.B. de C.V. has a one year low of $72.68 and a one year high of $102.28. The business has a 50 day moving average price of $87.32 and a 200 day moving average price of $83.44. The company has a market cap of $157.65 billion, a PE ratio of 15.93, a P/E/G ratio of 0.62 and a beta of 0.58. The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 0.47.

Coca-Cola FEMSA (NYSE:KOF - Get Free Report) last posted its quarterly earnings results on Friday, February 21st. The company reported $1.73 EPS for the quarter, beating 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 business had revenue of $3.76 billion during the quarter, compared to analyst estimates of $3.49 billion. Research analysts anticipate that Coca-Cola FEMSA, S.A.B. de C.V. 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.