Coca Cola Co’s (NYSE:KO) Sentiment is 0.89

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Sentiment for Coca Cola Co (NYSE:KO)

Coca Cola Co (NYSE:KO) institutional sentiment decreased to 0.89 in Q2 2019. Its down -0.02, from 0.91 in 2019Q1. The ratio has dropped, as 581 funds started new or increased holdings, while 651 sold and trimmed equity positions in Coca Cola Co. The funds in our partner’s database reported: 2.79 billion shares, up from 2.77 billion shares in 2019Q1. Also, the number of funds holding Coca Cola Co in their top 10 holdings increased from 53 to 61 for an increase of 8. Sold All: 57 Reduced: 594 Increased: 449 New Position: 132.

The Coca-Cola Company, a beverage company, makes and distributes various nonalcoholic beverages worldwide. The company has market cap of $233.37 billion. The firm primarily offers sparkling beverages and still beverages. It has a 33.07 P/E ratio. The Company’s sparkling beverages include nonalcoholic ready-to-drink beverages with carbonation, such as carbonated energy drinks, and carbonated waters and flavored waters.

The stock decreased 0.86% or $0.47 during the last trading session, reaching $54.24. About 6.94 million shares traded. The Coca-Cola Company (NYSE:KO) has risen 13.84% since September 13, 2018 and is uptrending. It has outperformed by 13.84% the S&P500.

Analysts await The Coca-Cola Company (NYSE:KO) to report earnings on October, 29. They expect $0.56 EPS, down 3.45 % or $0.02 from last year’s $0.58 per share. KO’s profit will be $2.41B for 24.21 P/E if the $0.56 EPS becomes a reality. After $0.63 actual EPS reported by The Coca-Cola Company for the previous quarter, Wall Street now forecasts -11.11 % negative EPS growth.

Allen Holding Inc Ny holds 46.52% of its portfolio in The Coca-Cola Company for 6.00 million shares. Capital City Trust Co Fl owns 852,581 shares or 17.88% of their US portfolio. Moreover, Troy Asset Management Ltd has 15.99% invested in the company for 7.50 million shares. The California-based Rwwm Inc. has invested 12.68% in the stock. Cook & Bynum Capital Management Llc, a Alabama-based fund reported 364,885 shares.

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

Ratings analysis reveals 43% of Coca-Cola’s analysts are positive. Out of 7 Wall Street analysts rating Coca-Cola, 3 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $5200 while the high is $6000. The stock’s average target of $55.57 is 2.45% above today’s ($54.24) share price. KO was included in 15 notes of analysts from March 28, 2019. Deutsche Bank maintained The Coca-Cola Company (NYSE:KO) on Wednesday, April 24 with “Buy” rating. BMO Capital Markets maintained The Coca-Cola Company (NYSE:KO) on Wednesday, July 24 with “Market Perform” rating. The stock of The Coca-Cola Company (NYSE:KO) has “Neutral” rating given on Wednesday, April 24 by UBS. The firm has “Overweight” rating by Morgan Stanley given on Wednesday, July 24. Wells Fargo maintained the stock with “Outperform” rating in Tuesday, April 16 report. Morgan Stanley upgraded The Coca-Cola Company (NYSE:KO) rating on Tuesday, May 14. Morgan Stanley has “Overweight” rating and $5500 target. The company was maintained on Monday, July 1 by Morgan Stanley. The stock has “Buy” rating by Deutsche Bank on Wednesday, July 24. The firm has “Neutral” rating by Credit Suisse given on Wednesday, July 24. The firm has “Neutral” rating by JP Morgan given on Wednesday, July 24.

More notable recent The Coca-Cola Company (NYSE:KO) news were published by: Finance.Yahoo.com which released: “3 Reasons the Best of the Coca-Cola Stock Rally May Be Over – Yahoo Finance” on September 11, 2019, also Fool.com with their article: “The Odd Reason the Stock Market Could Soar to New Highs – Motley Fool” published on September 11, 2019, Finance.Yahoo.com published: “Why You Should Leave The Coca-Cola Company (NYSE:KO)’s Upcoming Dividend On The Shelf – Yahoo Finance” on September 09, 2019. More interesting news about The Coca-Cola Company (NYSE:KO) were released by: Finance.Yahoo.com and their article: “Could The The Coca-Cola Company (NYSE:KO) Ownership Structure Tell Us Something Useful? – Yahoo Finance” published on June 05, 2019 as well as Investorplace.com‘s news article titled: “5 Great Warren Buffett Stocks to Hold Through the Next Recession – Investorplace.com” with publication date: September 13, 2019.

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

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