The Coca-Cola Company (NYSE:KO) Shares Sold by Berger Financial Group Inc

28 Apr 2025, 12:34 by Kim Johansen · The Markets Daily

Berger Financial Group Inc decreased its position in The Coca-Cola Company (NYSE:KO – Free Report) by 11.1% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 14,576 shares of the company’s stock after selling 1,815 shares during the period. Berger Financial Group Inc’s holdings in Coca-Cola were worth $908,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Rice Partnership LLC lifted its position in shares of Coca-Cola by 7.1% in the fourth quarter. Rice Partnership LLC now owns 102,746 shares of the company’s stock valued at $6,397,000 after acquiring an additional 6,793 shares in the last quarter. Fiduciary Alliance LLC lifted its position in shares of Coca-Cola by 87.7% in the fourth quarter. Fiduciary Alliance LLC now owns 18,189 shares of the company’s stock valued at $1,132,000 after acquiring an additional 8,499 shares in the last quarter. Clark & Stuart Inc purchased a new stake in shares of Coca-Cola in the fourth quarter valued at $1,582,000. Wilmington Savings Fund Society FSB lifted its position in Coca-Cola by 222.9% during the third quarter. Wilmington Savings Fund Society FSB now owns 192,237 shares of the company’s stock worth $13,814,000 after buying an additional 132,701 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its position in Coca-Cola by 1.0% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 893,192 shares of the company’s stock worth $55,610,000 after buying an additional 8,810 shares during the period. Institutional investors and hedge funds own 70.26% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on KO shares. Barclays reiterated an “overweight” rating on shares of Coca-Cola in a research report on Thursday, March 27th. Wells Fargo & Company increased their target price on Coca-Cola from $70.00 to $75.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 12th. Evercore ISI increased their target price on Coca-Cola from $72.00 to $75.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 12th. Piper Sandler increased their target price on Coca-Cola from $73.00 to $80.00 and gave the stock an “overweight” rating in a research report on Friday, February 28th. Finally, DZ Bank upgraded Coca-Cola from a “hold” rating to a “buy” rating and set a $75.00 price objective on the stock in a report on Thursday, February 13th. Two research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $75.06.

Get Our Latest Stock Report on KO

Insider Activity at Coca-Cola

In related news, insider Nikolaos Koumettis sold 54,708 shares of the company’s stock in a transaction on Wednesday, February 26th. The shares were 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 $17,520,662.64. This represents a 18.14 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Bruno Pietracci sold 19,058 shares of the stock in a transaction on Monday, February 24th. The stock was sold at an average price of $70.56, for a total transaction of $1,344,732.48. The disclosure for this sale can be found here. Insiders have sold 313,423 shares of company stock valued at $22,263,071 over the last ninety days. Corporate insiders own 0.97% of the company’s stock.

Coca-Cola Trading Down 0.8 %

NYSE KO opened at $71.96 on Monday. The company’s fifty day simple moving average is $70.78 and its 200-day simple moving average is $66.48. The Coca-Cola Company has a 52 week low of $60.62 and a 52 week high of $74.38. 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 market cap of $309.68 billion, a P/E ratio of 29.13, a PEG ratio of 3.79 and a beta of 0.45.

Coca-Cola (NYSE:KO – Get Free Report) last posted its earnings results on Tuesday, February 11th. The company reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.04. Coca-Cola had a net margin of 22.59% and a return on equity of 45.37%. Equities research analysts predict that The Coca-Cola Company will post 2.96 EPS for the current fiscal year.

Coca-Cola Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Friday, March 14th were issued a $0.51 dividend. The ex-dividend date of this dividend was Friday, March 14th. This is a boost from Coca-Cola’s previous quarterly dividend of $0.49. This represents a $2.04 annualized dividend and a yield of 2.83%. Coca-Cola’s dividend payout ratio is currently 82.59%.

About Coca-Cola

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