O Shaughnessy Asset Management LLC Sells 13,727 Shares of Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF)

O Shaughnessy Asset Management LLC decreased its holdings in shares of Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF - Free Report) by 14.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,624 shares of the company's stock after selling 13,727 shares during the period. O Shaughnessy Asset Management LLC's holdings in Coca-Cola FEMSA were worth $6,280,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. SBI Securities Co. Ltd. purchased a new position in shares of Coca-Cola FEMSA during the fourth quarter valued at approximately $29,000. Steward Partners Investment Advisory LLC boosted its position 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 valued at $31,000 after purchasing an additional 375 shares in the last quarter. Whipplewood Advisors LLC purchased a new stake in Coca-Cola FEMSA in the fourth quarter worth $70,000. Wilmington Savings Fund Society FSB bought a new position in Coca-Cola FEMSA in the third quarter worth $71,000. Finally, Jones Financial Companies Lllp raised its holdings 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 worth $123,000 after purchasing an additional 835 shares in the last quarter.

Analyst Ratings Changes

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

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Coca-Cola FEMSA Stock Down 4.0 %

Shares of KOF traded down $3.87 during trading hours on Friday, hitting $93.01. The company had a trading volume of 181,766 shares, compared to its average volume of 172,949. The firm has a fifty day moving average price of $85.67 and a 200-day moving average price of $83.37. Coca-Cola FEMSA, S.A.B. de C.V. has a 52-week low of $72.68 and a 52-week high of $102.28. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.94 and a current ratio of 1.14. The stock has a market capitalization of $156.32 billion, a price-to-earnings ratio of 15.79, a P/E/G ratio of 0.62 and a beta of 0.79.

Coca-Cola FEMSA (NYSE:KOF - Get Free Report) last released its quarterly earnings data 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 EPS for the current fiscal 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.