GW Henssler & Associates Ltd. Sells 5,449 Shares of The Coca-Cola Company (NYSE:KO)

GW Henssler & Associates Ltd. lowered its holdings in The Coca-Cola Company (NYSE:KO - Free Report) by 1.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 319,082 shares of the company's stock after selling 5,449 shares during the period. GW Henssler & Associates Ltd.'s holdings in Coca-Cola were worth $19,866,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in KO. Investment Advisory Group LLC lifted its holdings in Coca-Cola by 4.5% during the third quarter. Investment Advisory Group LLC now owns 3,378 shares of the company's stock worth $243,000 after acquiring an additional 146 shares during the period. CCG Wealth Management LLC raised its stake in shares of Coca-Cola by 4.3% during the 3rd quarter. CCG Wealth Management LLC now owns 3,614 shares of the company's stock worth $260,000 after purchasing an additional 149 shares during the period. Investment Partners Asset Management Inc. boosted its holdings in shares of Coca-Cola by 2.2% in the 3rd quarter. Investment Partners Asset Management Inc. now owns 6,956 shares of the company's stock worth $500,000 after buying an additional 150 shares during the last quarter. Chapin Davis Inc. boosted its holdings in shares of Coca-Cola by 1.0% in the 3rd quarter. Chapin Davis Inc. now owns 15,312 shares of the company's stock worth $1,100,000 after buying an additional 153 shares during the last quarter. Finally, Blossom Wealth Management grew its position in Coca-Cola by 3.3% during the third quarter. Blossom Wealth Management now owns 4,890 shares of the company's stock valued at $351,000 after buying an additional 155 shares during the period. 70.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Coca-Cola

In other news, CEO James Quincey sold 100,000 shares of the business's stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $64.03, for a total transaction of $6,403,000.00. Following the completion of the transaction, the chief executive officer now owns 342,546 shares of the company's stock, valued at approximately $21,933,220.38. The trade was a 22.60 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.97% of the company's stock.

Analyst Ratings Changes

KO has been the topic of a number of research analyst reports. Morgan Stanley dropped their target price on shares of Coca-Cola from $78.00 to $76.00 and set an "overweight" rating on the stock in a research note on Thursday, October 24th. JPMorgan Chase & Co. reduced their price objective on Coca-Cola from $75.00 to $70.00 and set an "overweight" rating for the company in a report on Tuesday, January 28th. Barclays decreased their target price on Coca-Cola from $73.00 to $66.00 and set an "overweight" rating for the company in a research report on Friday, January 17th. Jefferies Financial Group raised Coca-Cola from a "hold" rating to a "buy" rating and upped their price target for the company from $69.00 to $75.00 in a research report on Thursday. Finally, Deutsche Bank Aktiengesellschaft raised Coca-Cola from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $68.00 to $70.00 in a report on Thursday, December 12th. Two analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $72.13.

Coca-Cola Price Performance

NYSE KO traded down $0.12 on Monday, hitting $63.36. The stock had a trading volume of 12,062,439 shares, compared to its average volume of 15,977,205. The firm has a 50-day moving average of $62.65 and a 200-day moving average of $66.39. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.90 and a current ratio of 1.06. The Coca-Cola Company has a 52-week low of $57.93 and a 52-week high of $73.53. The company has a market capitalization of $272.95 billion, a price-to-earnings ratio of 26.18, a price-to-earnings-growth ratio of 3.56 and a beta of 0.61.

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.