Trust Co Of Toledo Na Oh buys $5,898,772 stake in The Coca-Cola Co (KO)

The Coca-Cola Co (KO) : Trust Co Of Toledo Na Oh scooped up 639 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 15, 2016. The investment management firm now holds a total of 127,956 shares of The Coca-Cola Co which is valued at $5,898,772.The Coca-Cola Co makes up approximately 1.76% of Trust Co Of Toledo Na Oh’s portfolio.

The Coca-Cola Co closed down -0.71 points or -1.60% at $43.66 with 3,72,06,893 shares getting traded on Wednesday. Post opening the session at $44.26, the shares hit an intraday low of $42.87 and an intraday high of $44.28 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

Other Hedge Funds, Including , Coastline Trust Co reduced its stake in KO by selling 530 shares or 2.73% in the most recent quarter. The Hedge Fund company now holds 18,904 shares of KO which is valued at $871,474. The Coca-Cola Co makes up approx 0.18% of Coastline Trust Co’s portfolio.Gofen Glossberg Il boosted its stake in KO in the latest quarter, The investment management firm added 9,385 additional shares and now holds a total of 590,779 shares of The Coca-Cola Co which is valued at $27,234,912. The Coca-Cola Co makes up approx 1.15% of Gofen Glossberg Il’s portfolio.Hexavest reduced its stake in KO by selling 62,344 shares or 1.69% in the most recent quarter. The Hedge Fund company now holds 3,629,303 shares of KO which is valued at $167,310,868. The Coca-Cola Co makes up approx 2.58% of Hexavest’s portfolio.Hollencrest Securities reduced its stake in KO by selling 367 shares or 0.25% in the most recent quarter. The Hedge Fund company now holds 144,469 shares of KO which is valued at $6,709,140. The Coca-Cola Co makes up approx 1.17% of Hollencrest Securities’s portfolio.

On the company’s financial health, The Coca-Cola Co reported $0.45 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Apr 20, 2016. Analyst had a consensus of $0.44. The company had revenue of $10282.00 million for the quarter, compared to analysts expectations of $10235.65 million. The company’s revenue was down -4.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.48 EPS.

Many Wall Street Analysts have commented on The Coca-Cola Co. Shares were Reiterated by UBS on Apr 21, 2016 to “Buy” and Lowered the Price Target to $ 51 from a previous price target of $52 .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 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.

Leave a Reply

The Coca-Cola Co - Is it time to Sell?

Top Brokerage Firms are advising their investors on The Coca-Cola Co. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.