Ossiam Decreases Stock Holdings in The Coca-Cola Company (NYSE:KO)

20 Apr 2025, 11:20 by Renee Jackson · The Cerbat Gem

Ossiam reduced its position in shares of The Coca-Cola Company (NYSE:KO – Free Report) by 39.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 77,407 shares of the company’s stock after selling 49,714 shares during the period. Ossiam’s holdings in Coca-Cola were worth $4,819,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Crowley Wealth Management Inc. purchased a new stake in Coca-Cola in the 4th quarter worth approximately $27,000. Mainstream Capital Management LLC bought a new stake in Coca-Cola in the fourth quarter valued at $31,000. Murphy & Mullick Capital Management Corp purchased a new position in Coca-Cola during the 4th quarter valued at $38,000. Retirement Wealth Solutions LLC bought a new position in Coca-Cola in the 4th quarter worth $37,000. Finally, Hoey Investments Inc. lifted its position in shares of Coca-Cola by 41.9% in the 4th quarter. Hoey Investments Inc. now owns 613 shares of the company’s stock worth $38,000 after purchasing an additional 181 shares during the period. 70.26% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on KO. UBS Group increased their price target on shares of Coca-Cola from $78.00 to $84.00 and gave the stock a “buy” rating in a research note on Thursday. Morgan Stanley increased their target price on Coca-Cola from $76.00 to $78.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 12th. Cfra Research upgraded Coca-Cola to a “strong-buy” rating in a research report on Tuesday, April 15th. DZ Bank upgraded Coca-Cola from a “hold” rating to a “buy” rating and set a $75.00 price objective for the company in a report on Thursday, February 13th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Coca-Cola from $75.00 to $70.00 and set an “overweight” rating on the stock in a report on Tuesday, January 28th. Two research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $74.59.

Read Our Latest Report on KO

Insider Buying and Selling at Coca-Cola

In related news, insider Bruno Pietracci sold 19,058 shares of the company’s stock in a transaction on Monday, February 24th. The stock was sold at an average price of $70.56, for a total value of $1,344,732.48. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Nikolaos Koumettis sold 54,708 shares of Coca-Cola stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $70.96, for a total value of $3,882,079.68. Following the sale, the insider now directly owns 246,909 shares of the company’s stock, valued at approximately $17,520,662.64. This represents a 18.14 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 313,423 shares of company stock valued at $22,263,071. 0.90% of the stock is currently owned by insiders.

Coca-Cola Stock Up 1.8 %

NYSE:KO opened at $72.99 on Friday. The company has a market cap of $314.13 billion, a price-to-earnings ratio of 29.55, a price-to-earnings-growth ratio of 3.79 and a beta of 0.45. The Coca-Cola Company has a twelve month low of $59.72 and a twelve month high of $73.95. The company has a current ratio of 1.03, a quick ratio of 0.84 and a debt-to-equity ratio of 1.61. The stock has a fifty day simple moving average of $70.39 and a 200-day simple moving average of $66.39.

Coca-Cola (NYSE:KO – Get Free Report) last issued its earnings results on Tuesday, February 11th. The company reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.04. Coca-Cola had a return on equity of 45.37% and a net margin of 22.59%. Analysts anticipate that The Coca-Cola Company will post 2.96 EPS for the current year.

Coca-Cola Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th were paid a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 2.79%. The ex-dividend date was Friday, March 14th. This is a positive change from Coca-Cola’s previous quarterly dividend of $0.49. Coca-Cola’s payout ratio is 82.59%.

Coca-Cola Profile

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