The most recent short interest data show 1.71% of the company's stock are short sold. Northern Trust Corp boosted its position in shares of The Coca-Cola by 3.5% in the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 11,443,829 shares of the company's stock worth $359,336,000 after buying an additional 5,911,761 shares in the last quarter.
Analysts are predicting that Coca-Cola Enterprises, Inc. Hedge funds and other institutional investors own 63.88% of the company's stock. Finally, Price T Rowe Associates Inc. Price T Rowe Associates Inc.
Yesterday The Coca-Cola Company (NYSE:KO) traded -0.12% lower at $42.20. The company has a market capitalization of $17.75 billion, a P/E ratio of 27.16 and a beta of 1.01. The current share price indicate that stock is -7.06% away from its one year high and is moving 7.21% ahead of its 52-week low. Company's distance from 20 day simple moving average is 1.32% and distance from 50-Day simple moving average is 2.64%.
The Coca-Cola (NYSE:KO) last issued its quarterly earnings results on Thursday, February 9th. The company reported $0.37 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.37. We would note that analysts seem to be projecting earnings, on average, for this quarter in the range of $0.42 to $0.46.
The company also recently declared a quarterly dividend, which will be paid on Monday, April 3rd.
To accommodate long-term intention, the firm has diverse dividend or yield record, CCE has Dividend Yield of 1.92% and experts calculate Return on Investment of 12.90%.
On 12/15/2016 Coca-Cola European Partners plc announced a special dividend of $0.18 with an ex dividend date of 12/29/2016 which will be payable on 1/13/2017. Coca-Cola European Partners plc's dividend payout ratio (DPR) is now 31.98%. "LTD." was posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this piece on another site, it was copied illegally and republished in violation of US and global copyright laws.
The IT reporting line changes will also come into effect from then. Five analysts rating the company a strong buy, seven analysts rating the company a buy, twelve analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $47.95. They noted that the move was a valuation call. Sanford C. Bernstein set a $48.00 price objective on shares of The Coca-Cola and gave the stock a "buy" rating in a research report on Friday, January 6th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company has a consensus rating of "Buy" and an average price target of $46.68. The Company has bottling rights within its territories for various beverage brands, including products with the name Coca-Cola. The role will help drive global growth of the evolving category cluster focused around beverage categories including sparkling, juice/dairy/plant-based, tea and coffee, water and enhanced waters and energy drinks.