1 week Ago By ABMN Staff
Mariner LLC cut its stake in shares of Coca-Cola FEMSA, S.A.B.
de C.V. ( NYSE:KOF – Free Report ) by 10.
8% during the 4th quarter, Holdings Channel reports. The fund owned 12,778 shares of the company’s stock after selling 1,551 shares during the period. Mariner LLC’s holdings in Coca-Cola FEMSA were worth $995,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of the stock. SBI Securities Co. Ltd.
bought a new position in shares of Coca-Cola FEMSA during the 4th quarter worth about $29,000. Steward Partners Investment Advisory LLC raised its stake in Coca-Cola FEMSA by 1,388.9% during the 4th quarter.
Steward Partners Investment Advisory LLC now owns 402 shares of the company’s stock worth $31,000 after buying an additional 375 shares during the period. Whipplewood Advisors LLC acquired a new stake in Coca-Cola FEMSA in the fourth quarter valued at approximately $70,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Coca-Cola FEMSA during the third quarter valued at approximately $71,000.
Finally, Jones Financial Companies Lllp raised its position in shares of Coca-Cola FEMSA by 111.3% during the fourth quarter. Jones Financial Companies Lllp now owns 1,585 shares of the company’s stock worth $123,000 after purchasing an additional 835 shares during the period.
Coca-Cola FEMSA Stock Performance Shares of KOF stock opened at $97.92 on Monday. Coca-Cola FEMSA, S.
A.B. de C.
V. has a one year low of $72.68 and a one year high of $102.
28. The company has a market cap of $164.57 billion, a P/E ratio of 16.
62, a P/E/G ratio of 0.62 and a beta of 0.58.
The firm has a 50-day moving average of $90.99 and a 200-day moving average of $83.98.
The company has a debt-to-equity ratio of 0.47, a current ratio of 1.14 and a quick ratio of 0.
94. Coca-Cola FEMSA Increases Dividend The firm also recently announced a semi-annual dividend, which will be paid on Monday, May 5th. Stockholders of record on Tuesday, April 22nd will be given a dividend of $0.
8839 per share. The ex-dividend date of this dividend is Tuesday, April 22nd. This is a positive change from Coca-Cola FEMSA’s previous semi-annual dividend of $0.
74. This represents a dividend yield of 3.1%.
Coca-Cola FEMSA’s dividend payout ratio (DPR) is currently 13.76%. Analyst Upgrades and Downgrades A number of brokerages have commented on KOF.
Barclays boosted their price target on shares of Coca-Cola FEMSA from $99.00 to $105.00 and gave the company an “overweight” rating in a research note on Tuesday, March 4th.
StockNews.com raised shares of Coca-Cola FEMSA from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, April 23rd. Finally, JPMorgan Chase & Co.
boosted their price objective on Coca-Cola FEMSA from $107.00 to $110.00 and gave the stock an “overweight” rating in a report on Friday, April 11th.
Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $104.
75. Read Our Latest Report on KOF Coca-Cola FEMSA Profile ( Free Report ) Coca-Cola FEMSA, SAB. de C.
V., a franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay. The company offers sparkling beverages, including colas and flavored sparkling beverages; waters; other non-carbonated beverages comprising juice drinks, coffee, teas, milk, value-added dairy products, sports and energy drinks, and plant-based drinks; and alcoholic beverages, such as hard seltzer under the Topo Chico brand name.
See Also Want to see what other hedge funds are holding KOF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Coca-Cola FEMSA, S.A.
B. de C.V.
( NYSE:KOF – Free Report ). Receive News & Ratings for Coca-Cola FEMSA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coca-Cola FEMSA and related companies with MarketBeat.com's FREE daily email newsletter .
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