Economy

Consolid (NASDAQ:COKE) Stock Closed Well Below Its 50 Day Average

Consolid (NASDAQ:COKE) Stock Closed Well Below Its 50 Day Average

Barclays PLC reaffirmed a "buy" rating and set a $46.00 target price on shares of Coca-Cola European Partners PLC in a research note on Friday, July 21st. CCE is The Coca-Cola Company's strategic bottling partner in Western Europe. BMO Capital Markets maintained the shares of KO in report on Thursday, March 23 with "Buy" rating. The stock witnessed 2.76% gains, 4.74% gains and 10.88% gains for the 1-month, 3-month and 6-month period, respectively. Two equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and seven have issued a buy rating to the company.

Institutional investors now hold around $126.23 billion or 65.2% in KO stock. The stock was last seen 0.33% higher, reaching at $45.74 on 8/10/2017. Also, insider Mark Randazza sold 24,156 shares of the company's stock in a transaction that occurred on Thursday, July 27th.

Coca-Cola Company (The)'s P/E ratio is 48.30 and market capitalization is 195.10B. The company has a 50-day moving average price of $45.14 and a 200-day moving average price of $43.57. Coca-Cola European Partners PLC has a 12 month low of $30.55 and a 12 month high of $44.75.

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Coca-Cola European Partners PLC (NYSE:CCE) last issued its quarterly earnings results on Thursday, August 10th. For the same quarter from the prior fiscal year, firm reported $0.60 EPS. brokerage firm analysts expect that Coca-Cola business will report $1.90 earnings per share for the financial year. $15.94M worth of The Coca-Cola Co (NYSE:KO) was sold by Finan Irial. Last quarter, the company saw 2.54 billion in total revenues. The business's revenue was down 15.9% compared to the same quarter previous year. In the last earnings report the EPS was $4.91 and is expected to be $9.75 for the current year with 9,313,000 shares now outstanding. Consolid recently declared a dividend for shareholders which was paid on Friday May 12th, 2017. American Century owns 0.01% invested in The Coca-Cola Co (NYSE:KO) for 326,086 shares. Traders who own the stock with a record date on Fri, Sep 15th will get a dividend of $0.37 for a share. this indicates a $1.48 dividend on a yearly basis and a payout of 3.25%. Coca-Cola Company (The)'s yield ratio (DPR) is presently 154.17%. UBS upgraded the shares of KO in report on Friday, February 5 to "Buy" rating. The stock closing price is now trading downward to its 50 day moving average with change of -14.95%, tumbled to its 20 day moving average with figure of -17.78% and behind its 200 day moving average with value -54.97%. Institutional investors own 31.75% of the company's stock. Also, insider Jennifer K. Mann sold 8,819 shares of the stock in a transaction dated Monday, August 7th. Following the sale, the insider now owns 29,943 shares in the company, valued at approximately $1,377,677.43. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 1.13% with $170.54 Million sitting short, betting on future declines. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. The South Dakota Investment Council holds 426,706 shares with $17.69 million value, down from 446,816 last quarter. Tukman Grossman Capital Management Inc sold 323,300 shares as Coca Cola Co (KO)'s stock rose 6.48%. Shell Asset Management Co. raised its position in Coca-Cola Company (The) by 0.5% in the first quarter. Perkins Coie Trust Co has an ownership of 3,180 stocks of the firms shares valued $143,000 after scooping up an extra 572 shares through out the quarter. Consolidated by 137.0% in the first quarter. American International Group Inc expanded its holdings by buying 613 shares an increase of 21.1% from 03/31/2017 to 06/30/2017.

Edwards & Company Inc. reduced its position in Coca-Cola European Partners PLC (NYSE:CCE) by 0.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. Finally, Marathon Asset Management LLP raised its position in Coca-Cola Company (The) by 7.3% in the first quarter. Finally, Livingston Group Asset Management CO operating as Southport Capital Management bought a new stake in Coca-Cola European Partners PLC during the second quarter worth about $212,000. Wendell David Associates holdings in Coca-Cola Company (The) were valued $14,052,000 during the latest period.