As Coca Cola Co (KO) Shares Rose, Ing Groep Nv Raised Position

July 26, 2017 - By Adrian Mccoy

Investors sentiment decreased to 0.87 in Q4 2016. Its down 0.01, from 0.88 in 2016Q3. It worsened, as 76 investors sold KO shares while 623 reduced holdings. 102 funds opened positions while 503 raised stakes. 2.70 billion shares or 1.56% more from 2.66 billion shares in 2016Q3 were reported. Utd Services Automobile Association has invested 0.44% in The Coca-Cola Co (NYSE:KO). Tokio Marine Asset Commerce stated it has 0.48% of its portfolio in The Coca-Cola Co (NYSE:KO). 52,252 were reported by Menta Cap Ltd Com. Puplava Financial Services Inc accumulated 0.57% or 21,616 shares. Pettee accumulated 7,750 shares. Apg Asset Nv has 8.13 million shares for 0.6% of their portfolio. Royal Bankshares Of Canada, Ontario – Canada-based fund reported 13.46 million shares. Timber Creek Cap Mgmt Ltd Limited Liability Company reported 183 shares. Cardinal Cap Mgmt has invested 1.27% in The Coca-Cola Co (NYSE:KO). St Johns Invest Co Limited Co holds 52,031 shares. Wellington Gru Limited Liability Partnership has invested 0.51% of its portfolio in The Coca-Cola Co (NYSE:KO). Ridgeworth Cap Mngmt Limited Liability invested in 6,358 shares. Summit Securities Gp Ltd Liability Corporation holds 32,100 shares. Marshwinds Advisory owns 163,958 shares or 3.24% of their US portfolio. Moreover, Quantitative Systematic Strategies Ltd Liability Com has 0.27% invested in The Coca-Cola Co (NYSE:KO) for 16,126 shares.

Since February 10, 2017, it had 0 buys, and 7 insider sales for $32.72 million activity. The insider DOUGLAS J ALEXANDER JR sold 22,000 shares worth $951,500. $1.74M worth of The Coca-Cola Co (NYSE:KO) shares were sold by Eberly Ceree. The insider SMITH BRIAN JOHN sold $3.81M. The insider Finan Irial sold $15.94 million. The insider TUGGLE CLYDE C sold 203,250 shares worth $8.32M. Perez Beatriz R sold $1.32M worth of stock or 29,282 shares.

Ing Groep Nv increased its stake in Coca Cola Co (KO) by 75.72% based on its latest 2016Q4 regulatory filing with the SEC. Ing Groep Nv bought 909,735 shares as the company’s stock rose 6.48% with the market. The institutional investor held 2.11 million shares of the beverages (production and distribution) company at the end of 2016Q4, valued at $87.82 million, up from 1.20M at the end of the previous reported quarter. Ing Groep Nv who had been investing in Coca Cola Co for a number of months, seems to be bullish on the $192.48B market cap company. The stock increased 0.89% or $0.4 during the last trading session, reaching $45.24. About 8 shares traded. The Coca-Cola Co (NYSE:KO) has declined 0.95% since July 26, 2016 and is downtrending. It has underperformed by 17.65% the S&P500.

Ing Groep Nv, which manages about $5.88 billion and $5.33B US Long portfolio, decreased its stake in Antero Midstream Partners Lp (NYSE:AM) by 842,510 shares to 595,900 shares, valued at $18.44 million in 2016Q4, according to the filing. It also reduced its holding in Energy Transfer Equity LP (NYSE:ETE) by 4.84 million shares in the quarter, leaving it with 243,100 shares, and cut its stake in Williams Partners LP (ACMP).

More notable recent The Coca-Cola Co (NYSE:KO) news were published by: Investorplace.com which released: “The Coca-Cola Co (KO) Stock Is Expensive No Matter What Q2 Brings” on July 25, 2017, also Nasdaq.com with their article: “Daiwa SB Investments Ltd. Buys Coca-Cola Co, NetEase Inc, JD. …” published on July 11, 2017, Techcrunch.com published: “Coca-Cola has built a commercialization ‘Bridge’ to startups worldwide” on June 28, 2017. More interesting news about The Coca-Cola Co (NYSE:KO) were released by: Law360.com and their article: “Insurers Want Coca-Cola Suit Over Nepal Losses Trimmed” published on July 26, 2017 as well as Nasdaq.com‘s news article titled: “Franklin Street Advisors Inc Buys Coca-Cola Co, JPMorgan Chase, Cisco Systems …” with publication date: July 14, 2017.

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

Among 18 analysts covering Coca-Cola (NYSE:KO), 7 have Buy rating, 1 Sell and 10 Hold. Therefore 39% are positive. Coca-Cola has $102 highest and $37 lowest target. $49.04’s average target is 8.40% above currents $45.24 stock price. Coca-Cola had 42 analyst reports since July 21, 2015 according to SRatingsIntel. Barclays Capital initiated The Coca-Cola Co (NYSE:KO) on Monday, January 9 with “Equal Weight” rating. The rating was maintained by RBC Capital Markets with “Outperform” on Thursday, March 10. As per Tuesday, July 21, the company rating was initiated by Sterne Agee CRT. Stifel Nicolaus upgraded The Coca-Cola Co (NYSE:KO) rating on Tuesday, January 12. Stifel Nicolaus has “Buy” rating and $54.0 target. As per Tuesday, March 15, the company rating was maintained by Susquehanna. Credit Suisse initiated the shares of KO in report on Friday, September 16 with “Neutral” rating. The stock of The Coca-Cola Co (NYSE:KO) has “Neutral” rating given on Thursday, April 21 by Goldman Sachs. The rating was reinitiated by Barclays Capital with “Equal Weight” on Friday, August 7. The stock has “Hold” rating by Susquehanna on Wednesday, July 12. The stock of The Coca-Cola Co (NYSE:KO) has “Hold” rating given on Monday, August 31 by Vetr.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.