As Coca Cola Co Com (KO) Shares Declined, Rhumbline Advisers Has Boosted Position

May 25, 2018 - By Richard Conner

The Coca-Cola Company (NYSE:KO) LogoInvestors sentiment increased to 0.91 in 2017 Q4. Its up 0.11, from 0.8 in 2017Q3. It improved, as 51 investors sold KO shares while 623 reduced holdings. 124 funds opened positions while 492 raised stakes. 2.73 billion shares or 0.05% less from 2.73 billion shares in 2017Q3 were reported. Jacobs And Ca holds 0.45% or 54,309 shares in its portfolio. Eagle Asset Mngmt Incorporated reported 0.52% of its portfolio in The Coca-Cola Company (NYSE:KO). Factory Mutual Insurance Co holds 0.82% of its portfolio in The Coca-Cola Company (NYSE:KO) for 1.72 million shares. Michigan-based Monroe Natl Bank And Mi has invested 0.13% in The Coca-Cola Company (NYSE:KO). Moreover, Moreno Evelyn V has 0.09% invested in The Coca-Cola Company (NYSE:KO). Fiduciary accumulated 284,517 shares. Zacks Inv Mngmt invested 0.94% of its portfolio in The Coca-Cola Company (NYSE:KO). 811,595 are owned by Cibc Markets Inc. Highland Capital Ltd Com accumulated 0.74% or 210,369 shares. Howe And Rusling holds 0.13% or 16,132 shares in its portfolio. Clearbridge Invs Ltd Liability has 0.69% invested in The Coca-Cola Company (NYSE:KO) for 16.30 million shares. Botty Invsts reported 1,200 shares or 0.02% of all its holdings. Cna holds 0.31% of its portfolio in The Coca-Cola Company (NYSE:KO) for 28,500 shares. Prudential Plc accumulated 1.20 million shares. Allsquare Wealth Mngmt Ltd Liability Com stated it has 1,156 shares.

Since January 16, 2018, it had 0 buys, and 5 insider sales for $6.52 million activity. The insider HAYS ED sold $4.01 million. Waller Kathy N sold $1.07M worth of The Coca-Cola Company (NYSE:KO) on Tuesday, January 16. 14,129 The Coca-Cola Company (NYSE:KO) shares with value of $631,572 were sold by MURPHY JOHN. Another trade for 15,000 shares valued at $719,250 was sold by LONG ROBERT EDWARD.

Rhumbline Advisers increased its stake in Coca Cola Co Com (KO) by 1.58% based on its latest 2017Q4 regulatory filing with the SEC. Rhumbline Advisers bought 105,601 shares as the company’s stock declined 5.92% with the market. The institutional investor held 6.77 million shares of the beverages (production and distribution) company at the end of 2017Q4, valued at $310.55 million, up from 6.66 million at the end of the previous reported quarter. Rhumbline Advisers who had been investing in Coca Cola Co Com for a number of months, seems to be bullish on the $180.04 billion market cap company. The stock decreased 0.03% or $0.011 during the last trading session, reaching $42.309. About 3.84 million shares traded. The Coca-Cola Company (NYSE:KO) has risen 1.35% since May 25, 2017 and is uptrending. It has underperformed by 10.20% the S&P500.

Rhumbline Advisers, which manages about $34.12 billion and $49.24 billion US Long portfolio, decreased its stake in Celgene Corp Com (NASDAQ:CELG) by 90,069 shares to 1.23M shares, valued at $128.85M in 2017Q4, according to the filing.

More notable recent The Coca-Cola Company (NYSE:KO) news were published by: Benzinga.com which released: “General Mills’ 30% Upside Looks Appetizing” on May 24, 2018, also Benzinga.com with their article: “Benzinga’s Bulls & Bears Of The Week: Coca-Cola, Ford, JC Penney, Spotify And More” published on May 20, 2018, Seekingalpha.com published: “Shareholder Yield: Coke Vs. Pepsi” on May 10, 2018. More interesting news about The Coca-Cola Company (NYSE:KO) were released by: Investorplace.com and their article: “Consumer Products Aren’t Nearly as Safe as You Thought — They’re Dying” published on May 25, 2018 as well as Investorplace.com‘s news article titled: “Why the Dow Jones May Struggle to Stay Above Water” with publication date: May 25, 2018.

The Coca-Cola Company (NYSE:KO) Ratings Coverage

Among 12 analysts covering Coca-Cola (NYSE:KO), 6 have Buy rating, 0 Sell and 6 Hold. Therefore 50% are positive. Coca-Cola had 15 analyst reports since December 14, 2017 according to SRatingsIntel. The stock of The Coca-Cola Company (NYSE:KO) has “Buy” rating given on Monday, March 12 by Credit Suisse. The firm has “Hold” rating by Jefferies given on Thursday, January 4. As per Friday, February 16, the company rating was maintained by BMO Capital Markets. On Tuesday, February 20 the stock rating was maintained by JP Morgan with “Neutral”. The rating was maintained by Stifel Nicolaus on Friday, December 22 with “Hold”. BMO Capital Markets maintained it with “Market Perform” rating and $48 target in Tuesday, February 20 report. Goldman Sachs upgraded the stock to “Hold” rating in Tuesday, April 17 report. Jefferies downgraded The Coca-Cola Company (NYSE:KO) on Tuesday, March 27 to “Hold” rating. Credit Suisse maintained it with “Outperform” rating and $53 target in Tuesday, February 20 report. The stock of The Coca-Cola Company (NYSE:KO) has “Outperform” rating given on Friday, January 12 by Evercore.

The Coca-Cola Company (NYSE:KO) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: