As Coca Cola Co (KO) Shares Declined, Schwab Charles Investment Management INC Decreased Stake

June 27, 2018 - By Bridget Boland

The Coca-Cola Company (NYSE:KO) Corporate LogoBig Money Sentiment decreased to 0.69 in 2018 Q1. It has change of 0.22, from 2017Q4’s 0.91. The ratio dropped due to KO positioning: 74 sold and 684 reduced. 104 funds amassed stakes and 416 increased stakes. Investors holded 2.73 billion in 2017Q4 but now own 2.72 billion shares or 0.06% less. Papp L Roy reported 25,301 shs. Rand Wealth Llc holds 0.17% or 35,577 shs. Montecito Bancorporation & owns 128,037 shs. Rock Point Advsrs has 6,505 shs. Bath Savings Trust owns 118,581 shs or 1.29% of their US capital. Strategic Financial Service reported 8,377 shs. Suntrust Banks Inc holds 19.89M shs. Mark Sheptoff Financial Planning Limited Company has 0.87% invested in The Coca-Cola Company (NYSE:KO). Edgestream Prtn Limited Partnership accumulated 0.05% or 6,212 shs. Ifrah Fincl Incorporated holds 0.18% or 11,338 shs in its capital. Loomis Sayles And Limited Partnership has invested 1.77% of its capital in The Coca-Cola Company (NYSE:KO). Clean Yield Grp holds 6,242 shs or 0.11% of its capital. Texas Permanent School Fund has invested 0.57% in The Coca-Cola Company (NYSE:KO). Levin Cap Strategies LP has 0.39% invested in The Coca-Cola Company (NYSE:KO). Hyman Charles D has invested 0.9% in The Coca-Cola Company (NYSE:KO).

KO registered $6.52 million net activity with 0 insider purchases and 5 sales since January 16, 2018. On Tuesday, January 23 HAYS ED sold $4.01M worth of The Coca-Cola Company (NYSE:KO). MURPHY JOHN had sold 14,129 shs worth $631,572 on Tuesday, March 13. $84,735 worth of stock was sold by MANN JENNIFER K on Monday, March 12. On Tuesday, January 16 Waller Kathy N sold $1.07 million worth of The Coca-Cola Company (NYSE:KO).

In 2018Q1 SEC form is reported Schwab Charles Investment Management Inc’s holdings in Coca Cola Co (KO) which was decreased by 30.02%. The company’s stock declined 3.70% with the market as Schwab Charles Investment Management Inc sold 6.00 million shares. At the end of 2018Q1, the 14.00 million shares of the beverages (production and distribution) company held by the institutional investor were valued at $607.84 million, down from 20.00 million at the end of the previous reported quarter. $185.10 billion is Coca Cola Co’s MC. KO reached $43.5 during the last trading session after $0.17 change.The Coca-Cola Company has volume of 4.31M shares. Since June 27, 2017 KO has declined 6.63% and is downtrending. The stock underperformed the S&P 500 by 19.20%.

The Schwab Charles Investment Management Inc’s stake in News Corp New (NASDAQ:NWSA) was increased by 257,350 shares to 2.27 million shares valued at $35.83M in 2018Q1, according to the filing. It operates about $128.65 billion US Long portfolio. Schwab Charles Investment Management Inc has risen its stake in Walmart Inc (NYSE:WMT) and also increased its holding in Black Knight Inc by 87,446 shares in the quarter, for a total of 573,485 shares.

On July, 25 The Coca-Cola Company (NYSE:KO)’s earnings report is expected by WallStreet, Faxor reports. Last year’s earnings per share was $0.59, while now analysts expect change of 3.39 % up from current $0.61 earnings per share. If KO’s EPS is $0.61 the profit will reach $2.60 billion for 17.83 P/E. 29.79 % EPS growth is what Wall Street’s sees after $0.47 reported EPS last quarter.

More recent The Coca-Cola Company (NYSE:KO) news were announced by 247Wallst.com, Seekingalpha.com and Seekingalpha.com. The first one has “5 Stocks to Buy Now If You Are Worried About a Stock Market Crash” as a title and was announced on June 26, 2018. The next is “Wall Street Breakfast: Oil Back Above $70” on June 27, 2018. And last was announced on June 13, 2018, called “The Coca-Cola Company (KO) Management Presents at Deutsche Bank Global Consumer Conference (Transcript)”.

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

In total 9 analysts cover Coca-Cola (NYSE:KO). “Buy” rating has 4, “Sell” are 0, while 5 are “Hold”. (NYSE:KO) has 44% bullish analysts. With $53 highest and $44.0 lowest target, Coca-Cola has $47.83 average target or 9.95% above the current ($43.5) price. 12 are the (NYSE:KO)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Friday, January 12 Evercore upgraded the shares of KO in report to “Outperform” rating. On Tuesday, February 20 the firm has “Outperform” rating given by Credit Suisse. On Thursday, January 4 the stock of The Coca-Cola Company (NYSE:KO) earned “Hold” rating by Jefferies. On Friday, February 16 the firm has “Hold” rating given by BMO Capital Markets. On Thursday, May 17 the stock of The Coca-Cola Company (NYSE:KO) earned “Buy” rating by Citigroup. In Monday, March 12 report Credit Suisse maintained it with “Buy” rating and $51.0 target. The company rating was maintained by JP Morgan on Tuesday, February 20. On Tuesday, February 20 BMO Capital Markets maintained the shares of KO in report with “Market Perform” rating. In Tuesday, April 17 report Goldman Sachs upgraded it to “Hold” rating and $4600 target. On Thursday, May 17 the firm has “Overweight” rating by Barclays Capital given.

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

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