Lvm Capital Management Ltdmi buys $1.2 Million stake in The Coca-Cola Co (KO)

The Coca-Cola Co (KO) : Lvm Capital Management Ltdmi scooped up 5,000 additional shares in The Coca-Cola Co during the most recent quarter end , according to a recent disclosure to the SEC on Apr 4, 2016. The investment management firm now holds a total of 26,715 shares of The Coca-Cola Co which is valued at $1.2 Million.The Coca-Cola Co makes up approximately 0.39% of Lvm Capital Management Ltdmi’s portfolio.

Other Hedge Funds, Including , Pensionfund Dsm Netherlands sold out all of its stake in KO during the most recent quarter. The investment firm sold 193,000 shares of KO which is valued $9 Million.Beacon Financial Group reduced its stake in KO by selling 26,858 shares or 14.35% in the most recent quarter. The Hedge Fund company now holds 160,241 shares of KO which is valued at $7.5 Million. The Coca-Cola Co makes up approx 1.62% of Beacon Financial Group’s portfolio.Renaissance Investment Group reduced its stake in KO by selling 280 shares or 5.19% in the most recent quarter. The Hedge Fund company now holds 5,114 shares of KO which is valued at $239,489. The Coca-Cola Co makes up approx 0.12% of Renaissance Investment Group’s portfolio.

On the company’s financial health, The Coca-Cola Co reported $0.38 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Feb 9, 2016. Analyst had a consensus of $0.37. The company had revenue of $10000.00 million for the quarter, compared to analysts expectations of $9910.48 million. The company’s revenue was down -8.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.44 EPS.

Many Wall Street Analysts have commented on The Coca-Cola Co. Company shares were Reiterated by UBS on Apr 4, 2016 to “Buy”, Firm has raised the Price Target to $ 52 from a previous price target of $49 .Company shares were Reiterated by RBC Capital Mkts on Mar 10, 2016 to “Outperform”, Firm has raised the Price Target to $ 51 from a previous price target of $47 .The Coca-Cola Co was Downgraded by Sterne Agee CRT to ” Neutral” on Feb 26, 2016.

The Coca-Cola Co closed down -0.43 points or -0.92% at $46.44 with 1,18,80,062 shares getting traded on Monday. Post opening the session at $46.9, the shares hit an intraday low of $46.41 and an intraday high of $47.13 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

The Coca-Cola Company is a beverage company. The Company owns or licenses and markets more than 500 nonalcoholic beverage brands primarily sparkling beverages but also a range of still beverages such as waters enhanced waters juices and juice drinks ready-to-drink teas and coffees and energy and sports drinks. It owns and markets a range of nonalcoholic sparkling beverage brands such as Coca-Cola Diet Coke Fanta and Sprite. The Company makes its beverage products available to consumers throughout the world through its network of Company-owned or controlled bottling and distribution operations as well as independent bottling partners distributors wholesalers and retailers. The Company’s segments include Eurasia and Africa Europe Latin America North America Asia Pacific Bottling Investments and Corporate.

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