Sigma Planning Corp grew its stake in The Coca-Cola Co (NYSE:KO) by 10.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 69,841 shares of the company’s stock after buying an additional 6,619 shares during the period. Sigma Planning Corp’s holdings in The Coca-Cola were worth $3,144,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vontobel Swiss Wealth Advisors AG acquired a new stake in shares of The Coca-Cola in the third quarter worth $216,000. Teacher Retirement System of Texas increased its stake in shares of The Coca-Cola by 23.1% in the third quarter. Teacher Retirement System of Texas now owns 1,977,703 shares of the company’s stock worth $89,016,000 after acquiring an additional 371,264 shares during the period. Rhumbline Advisers increased its stake in shares of The Coca-Cola by 0.8% in the third quarter. Rhumbline Advisers now owns 6,663,194 shares of the company’s stock worth $299,910,000 after acquiring an additional 54,678 shares during the period. Advisor Group Inc. increased its stake in shares of The Coca-Cola by 3.2% in the third quarter. Advisor Group Inc. now owns 393,175 shares of the company’s stock worth $17,700,000 after acquiring an additional 12,330 shares during the period. Finally, First National Trust Co. increased its stake in shares of The Coca-Cola by 4.1% in the third quarter. First National Trust Co. now owns 42,572 shares of the company’s stock worth $1,916,000 after acquiring an additional 1,684 shares during the period. 65.30% of the stock is owned by institutional investors and hedge funds.

The Coca-Cola Co (KO) opened at $46.53 on Wednesday. The company has a current ratio of 1.39, a quick ratio of 1.30 and a debt-to-equity ratio of 1.47. The stock has a market cap of $198,250.00, a price-to-earnings ratio of 44.31, a price-to-earnings-growth ratio of 3.70 and a beta of 0.70. The Coca-Cola Co has a twelve month low of $40.22 and a twelve month high of $47.48.

The Coca-Cola (NYSE:KO) last posted its quarterly earnings data on Wednesday, October 25th. The company reported $0.50 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.49 by $0.01. The business had revenue of $9.08 billion for the quarter, compared to the consensus estimate of $8.73 billion. The Coca-Cola had a net margin of 12.20% and a return on equity of 36.21%. The company’s revenue was down 14.6% compared to the same quarter last year. During the same period last year, the firm posted $0.49 earnings per share. equities research analysts predict that The Coca-Cola Co will post 1.91 EPS for the current year.

KO has been the topic of a number of research reports. Jefferies Group set a $47.00 price objective on shares of The Coca-Cola and gave the stock a “neutral” rating in a research note on Friday, October 13th. raised their price target on shares of The Coca-Cola from $50.00 to $52.00 and gave the company a “buy” rating in a research report on Wednesday, September 27th. BMO Capital Markets restated a “hold” rating and set a $47.00 price target on shares of The Coca-Cola in a research report on Friday, October 27th. JPMorgan Chase & Co. set a $48.00 price target on shares of The Coca-Cola and gave the company a “neutral” rating in a research report on Friday, December 15th. Finally, Goldman Sachs Group set a $45.00 price target on shares of The Coca-Cola and gave the company a “sell” rating in a research report on Thursday, October 26th. Two equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and eleven have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $49.01.

In other The Coca-Cola news, insider J Alexander Douglas, Jr. sold 338,009 shares of the stock in a transaction on Wednesday, November 8th. The shares were sold at an average price of $46.09, for a total transaction of $15,578,834.81. Following the transaction, the insider now directly owns 320,013 shares of the company’s stock, valued at $14,749,399.17. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 1.51% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: This report was originally reported by TheOlympiaReport and is the property of of TheOlympiaReport. If you are viewing this report on another publication, it was illegally stolen and republished in violation of international copyright & trademark law. The correct version of this report can be viewed at https://theolympiareport.com/2018/01/17/the-coca-cola-co-ko-shares-bought-by-sigma-planning-corp.html.

The Coca-Cola Profile

The Coca-Cola Company is a beverage company. The Company owns or licenses and markets non-alcoholic beverage brands, primarily sparkling beverages and a range of still beverages, such as waters, flavored waters and enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, sports drinks, dairy and energy drinks.

Want to see what other hedge funds are holding KO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Coca-Cola Co (NYSE:KO).

Institutional Ownership by Quarter for The Coca-Cola (NYSE:KO)

Receive News & Ratings for The Coca-Cola Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Coca-Cola and related companies with MarketBeat.com's FREE daily email newsletter.