Barclays Reports That They Have Upgraded Coca-Cola (NYSE:KO) Shares

May 18, 2018 - By Jason Grubb

The Coca-Cola Company (NYSE:KO) Logo

Investors sentiment increased to 0.91 in 2017 Q4. Its up 0.11, from 0.8 in 2017Q3. It improved, as 51 investors sold The Coca-Cola Company 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.

Sentinel Trust Lba reported 0.14% stake. Dodge Cox holds 30,022 shares. 6,197 were reported by Empirical Fincl Ltd Liability Corp. 6,686 are held by Meridian Counsel. 44,278 were accumulated by Callahan Advsrs. Thompson Siegel & Walmsley Lc reported 0.15% stake. Motco owns 87,976 shares or 0.41% of their US portfolio. Umb Bank N A Mo has invested 0.21% in The Coca-Cola Company (NYSE:KO). Next stated it has 0.45% of its portfolio in The Coca-Cola Company (NYSE:KO). Teacher Retirement Sys Of Texas stated it has 2.31 million shares or 0.7% of all its holdings. Moreover, Lathrop Inv Corp has 0.19% invested in The Coca-Cola Company (NYSE:KO). St Johns Investment Mgmt Limited Liability Corporation accumulated 45,930 shares. Levin Capital Strategies Ltd Partnership accumulated 0.39% or 507,689 shares. Kwmg Ltd Liability Co owns 6,500 shares. Alpine Glob Management Ltd holds 17,114 shares.

Since January 16, 2018, it had 0 insider buys, and 5 insider sales for $6.52 million activity. The insider Waller Kathy N sold 23,240 shares worth $1.07M. HAYS ED also sold $4.01M worth of The Coca-Cola Company (NYSE:KO) on Tuesday, January 23. LONG ROBERT EDWARD sold $719,250 worth of stock or 15,000 shares. 1,883 shares were sold by MANN JENNIFER K, worth $84,735.

Coca-Cola (NYSE:KO) Stock Upgrade

Trading of shares of Coca-Cola (NYSE:KO) will be interesting to watch this afternoon as Barclays upped the stock to a Buy.

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

Among 10 analysts covering Coca-Cola (NYSE:KO), 4 have Buy rating, 0 Sell and 6 Hold. Therefore 40% are positive. Coca-Cola has $56.0 highest and $44.0 lowest target. $49.33’s average target is 16.62% above currents $42.3 stock price. Coca-Cola had 13 analyst reports since December 14, 2017 according to SRatingsIntel. BMO Capital Markets maintained the shares of KO in report on Friday, February 16 with “Hold” rating. Jefferies downgraded The Coca-Cola Company (NYSE:KO) on Tuesday, March 27 to “Hold” rating. As per Friday, December 22, the company rating was maintained by Stifel Nicolaus. As per Tuesday, February 20, the company rating was maintained by BMO Capital Markets. The firm has “Neutral” rating by JP Morgan given on Tuesday, February 20. The rating was maintained by Credit Suisse on Tuesday, February 20 with “Outperform”. Jefferies maintained the stock with “Hold” rating in Thursday, January 4 report. The rating was maintained by RBC Capital Markets on Thursday, December 21 with “Buy”. The rating was upgraded by Goldman Sachs on Tuesday, April 17 to “Hold”. The firm has “Buy” rating given on Monday, March 12 by Credit Suisse.

The stock increased 1.81% or $0.75 during the last trading session, reaching $42.3. About 14.86M shares traded or 19.10% up from the average. The Coca-Cola Company (NYSE:KO) has risen 1.35% since May 18, 2017 and is uptrending. It has underperformed by 10.20% the S&P500.

Analysts await The Coca-Cola Company (NYSE:KO) to report earnings on July, 25. They expect $0.61 EPS, up 3.39 % or $0.02 from last year’s $0.59 per share. KO’s profit will be $2.60B for 17.34 P/E if the $0.61 EPS becomes a reality. After $0.47 actual EPS reported by The Coca-Cola Company for the previous quarter, Wall Street now forecasts 29.79 % EPS growth.

The Coca-Cola Company, a beverage company, makes and distributes various nonalcoholic beverages worldwide. The company has market cap of $180.00 billion. The firm primarily offers sparkling beverages and still beverages. It has a 144.86 P/E ratio. The Company’s sparkling beverages include nonalcoholic ready-to-drink beverages with carbonation, such as carbonated energy drinks, and carbonated waters and flavored waters.

More notable recent The Coca-Cola Company (NYSE:KO) news were published by: Livetradingnews.com which released: “The Coca-Cola Company (NYSE:KO) Stock Worth Watching” on April 26, 2018, also Etftrends.com with their article: “Consumer Staples ETFs: Why the Struggle is Real” published on May 17, 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: Streetinsider.com and their article: “Wall Street set to open lower as bond yields rise, Cisco weighs” published on May 17, 2018 as well as 247Wallst.com‘s news article titled: “What to Look For in Coca-Cola Earnings Tuesday Morning” with publication date: April 23, 2018.

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

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