Natixis Advisors LLC Purchases 4,697 Shares of Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF)

Natixis Advisors LLC boosted its position in shares of Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF - Free Report) by 2.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 241,845 shares of the company's stock after purchasing an additional 4,697 shares during the period. Natixis Advisors LLC's holdings in Coca-Cola FEMSA were worth $18,837,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. SBI Securities Co. Ltd. bought a new stake in shares of Coca-Cola FEMSA in the fourth quarter worth $29,000. Steward Partners Investment Advisory LLC increased its stake in 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 valued at $31,000 after buying an additional 375 shares during the last quarter. Whipplewood Advisors LLC bought a new stake in Coca-Cola FEMSA during the 4th quarter worth about $70,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Coca-Cola FEMSA during the 3rd quarter worth about $71,000. Finally, Jones Financial Companies Lllp grew its holdings in shares of Coca-Cola FEMSA by 111.3% in the 4th 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 in the last quarter.

Analyst Upgrades and Downgrades

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

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Coca-Cola FEMSA Stock Performance

NYSE:KOF 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 171,218. The company's 50 day simple moving average is $82.75 and its 200 day simple moving average is $82.97. The stock has a market cap of $148.76 billion, a price-to-earnings ratio of 15.03, a PEG ratio of 0.62 and a beta of 0.79. 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 twelve month low of $72.68 and a twelve month 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 EPS for the quarter, topping the consensus estimate of $1.51 by $0.22. Coca-Cola FEMSA had a return on equity of 15.99% and a net margin of 8.12%. The company had revenue of $3.76 billion during the quarter, compared to the consensus estimate of $3.49 billion. On average, equities research analysts forecast 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.