Lynch Associatesin buys $4,210,451 stake in The Coca-Cola Co (KO)

The Coca-Cola Co (KO) : Lynch Associatesin scooped up 9,645 additional shares in The Coca-Cola Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 11, 2016. The investment management firm now holds a total of 91,333 shares of The Coca-Cola Co which is valued at $4,210,451.The Coca-Cola Co makes up approximately 1.98% of Lynch Associatesin’s portfolio.

The Coca-Cola Co opened for trading at $45.82 and hit $46.155 on the upside on Friday, eventually ending the session at $46.1, with a gain of 0.59% or 0.27 points. The heightened volatility saw the trading volume jump to 1,36,47,784 shares. Company has a market cap of $199,590 M.

Other Hedge Funds, Including , Exxonmobil Investment Management Inc Tx boosted its stake in KO in the latest quarter, The investment management firm added 71,404 additional shares and now holds a total of 948,714 shares of The Coca-Cola Co which is valued at $43,735,715. The Coca-Cola Co makes up approx 0.99% of Exxonmobil Investment Management Inc Tx’s portfolio.Eqis Capital Management boosted its stake in KO in the latest quarter, The investment management firm added 1,488 additional shares and now holds a total of 12,717 shares of The Coca-Cola Co which is valued at $590,577. The Coca-Cola Co makes up approx 0.04% of Eqis Capital Management’s portfolio.Rathbone Brothers Plc boosted its stake in KO in the latest quarter, The investment management firm added 137,443 additional shares and now holds a total of 1,274,132 shares of The Coca-Cola Co which is valued at $59,170,690. The Coca-Cola Co makes up approx 3.63% of Rathbone Brothers Plc’s portfolio.Stillwater Investment Management boosted its stake in KO in the latest quarter, The investment management firm added 196 additional shares and now holds a total of 39,641 shares of The Coca-Cola Co which is valued at $1,840,928. The Coca-Cola Co makes up approx 1.10% of Stillwater Investment Management’s portfolio.Curbstone Financial Management Corp boosted its stake in KO in the latest quarter, The investment management firm added 200 additional shares and now holds a total of 14,650 shares of The Coca-Cola Co which is valued at $680,346. The Coca-Cola Co makes up approx 0.23% of Curbstone Financial Management Corp’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 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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