Natixis Advisors LLC Has $174.81 Million Stock Holdings in The Coca-Cola Company (NYSE:KO)

Natixis Advisors LLC raised its position in shares of The Coca-Cola Company (NYSE:KO - Free Report) by 2.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,807,718 shares of the company's stock after acquiring an additional 67,392 shares during the period. Natixis Advisors LLC owned approximately 0.07% of Coca-Cola worth $174,809,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in KO. Howard Capital Management Group LLC increased its holdings in shares of Coca-Cola by 0.5% during the third quarter. Howard Capital Management Group LLC now owns 399,607 shares of the company's stock worth $28,716,000 after purchasing an additional 2,069 shares during the period. United Bank increased its stake in Coca-Cola by 65.4% during the 3rd quarter. United Bank now owns 80,888 shares of the company's stock worth $5,813,000 after acquiring an additional 31,979 shares during the period. Oppenheimer Asset Management Inc. raised its holdings in Coca-Cola by 8.6% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 94,735 shares of the company's stock valued at $6,808,000 after acquiring an additional 7,540 shares in the last quarter. Oak Harbor Wealth Partners LLC lifted its position in shares of Coca-Cola by 1.3% during the 3rd quarter. Oak Harbor Wealth Partners LLC now owns 51,521 shares of the company's stock valued at $3,702,000 after acquiring an additional 652 shares during the period. Finally, CIBC Asset Management Inc grew its holdings in shares of Coca-Cola by 5.8% during the 3rd quarter. CIBC Asset Management Inc now owns 850,802 shares of the company's stock worth $61,122,000 after purchasing an additional 46,541 shares in the last quarter. Institutional investors own 70.26% of the company's stock.

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Insider Buying and Selling at Coca-Cola

In other Coca-Cola news, insider Nikolaos Koumettis sold 54,708 shares of the stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $70.96, for a total transaction of $3,882,079.68. Following the completion of the sale, the insider now directly owns 246,909 shares in the company, valued at approximately $17,520,662.64. This trade represents a 18.14 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Henrique Braun sold 25,277 shares of the business's stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $71.47, for a total value of $1,806,547.19. Following the completion of the transaction, the chief operating officer now directly owns 52,466 shares in the company, valued at $3,749,745.02. This represents a 32.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 313,423 shares of company stock valued at $22,263,071. 0.97% of the stock is currently owned by company insiders.

Coca-Cola Trading Up 1.4 %

NYSE KO traded up $0.99 on Monday, hitting $70.15. The company's stock had a trading volume of 13,925,221 shares, compared to its average volume of 18,040,207. The company's 50-day moving average is $66.18 and its 200 day moving average is $66.54. The firm has a market cap of $301.70 billion, a PE ratio of 28.40, a PEG ratio of 3.79 and a beta of 0.57. The Coca-Cola Company has a 1-year low of $57.93 and a 1-year high of $73.53. The company has a quick ratio of 0.84, a current ratio of 1.03 and a debt-to-equity ratio of 1.61.

Coca-Cola (NYSE:KO - Get Free Report) last announced its earnings results on Tuesday, February 11th. The company reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.04. Coca-Cola had a return on equity of 45.37% and a net margin of 22.59%. As a group, analysts predict that The Coca-Cola Company will post 2.96 earnings per share for the current fiscal year.

Coca-Cola Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be issued a $0.51 dividend. The ex-dividend date of this dividend is Friday, March 14th. This is a boost from Coca-Cola's previous quarterly dividend of $0.49. This represents a $2.04 annualized dividend and a yield of 2.91%. Coca-Cola's dividend payout ratio is presently 82.59%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on KO shares. Morgan Stanley boosted their price target on Coca-Cola from $76.00 to $78.00 and gave the company an "overweight" rating in a research note on Wednesday, February 12th. Wells Fargo & Company boosted their target price on shares of Coca-Cola from $70.00 to $75.00 and gave the company an "overweight" rating in a research report on Wednesday, February 12th. Deutsche Bank Aktiengesellschaft upgraded shares of Coca-Cola from a "hold" rating to a "buy" rating and increased their price target for the stock from $68.00 to $70.00 in a research report on Thursday, December 12th. Royal Bank of Canada restated an "outperform" rating and set a $69.00 price objective on shares of Coca-Cola in a research report on Thursday, February 6th. Finally, Evercore ISI raised their target price on Coca-Cola from $72.00 to $75.00 and gave the company an "outperform" rating in a report on Wednesday, February 12th. Two investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $74.24.

Coca-Cola Profile

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.