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

Several other institutional investors have also recently bought and sold shares of KOF. JPMorgan Chase & Co. grew its stake in shares of Coca-Cola FEMSA by 90.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 796,574 shares of the company's stock worth $70,672,000 after acquiring an additional 378,325 shares in the last quarter. Itau Unibanco Holding S.A. increased its stake in Coca-Cola FEMSA by 59.8% in the 3rd quarter. Itau Unibanco Holding S.A. now owns 813,164 shares of the company's stock valued at $68,297,000 after buying an additional 304,197 shares during the last quarter. Robeco Institutional Asset Management B.V. lifted its position in Coca-Cola FEMSA by 14.7% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,226,032 shares of the company's stock worth $95,496,000 after buying an additional 157,530 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Coca-Cola FEMSA during the 4th quarter worth about $2,570,000. Finally, Arrowstreet Capital Limited Partnership grew its holdings in shares of Coca-Cola FEMSA by 46.6% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 102,856 shares of the company's stock valued at $8,011,000 after acquiring an additional 32,674 shares in the last quarter.

Analyst Ratings Changes

Several analysts recently issued reports on the company. 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 lowered Coca-Cola FEMSA from a "strong-buy" rating to a "buy" rating in a research report on Wednesday. Seven analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $104.00.

Coca-Cola FEMSA Stock Performance

NYSE KOF traded down $3.87 during trading on Friday, reaching $93.01. 181,766 shares of the company's stock were exchanged, compared to its average volume of 173,078. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.14 and a quick ratio of 0.94. The business has a 50 day moving average price of $86.00 and a 200-day moving average price of $83.29. The stock has a market capitalization of $156.32 billion, a P/E ratio of 15.79, a PEG ratio of 0.62 and a beta of 0.58. Coca-Cola FEMSA, S.A.B. de C.V. has a fifty-two week low of $72.68 and a fifty-two week high of $102.28.

Coca-Cola FEMSA (NYSE:KOF - Get Free Report) last posted its earnings results on Friday, February 21st. The company reported $1.73 earnings per share for the quarter, topping analysts' consensus estimates 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 business had revenue of $3.76 billion for the quarter, compared to analyst estimates of $3.49 billion. Sell-side analysts forecast 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.