United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Has $2.63 Million Stock Holdings in Coca Cola Femsa S.A.B. de C.V. $KOF

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund raised its stake in Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF) by 18.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 31,584 shares of the company’s stock after purchasing an additional 4,841 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund’s holdings in Coca Cola Femsa were worth $2,625,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. MAI Capital Management grew its stake in shares of Coca Cola Femsa by 103.6% in the 2nd quarter. MAI Capital Management now owns 395 shares of the company’s stock valued at $38,000 after buying an additional 201 shares during the period. Huntington National Bank acquired a new position in Coca Cola Femsa during the 3rd quarter worth approximately $37,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Coca Cola Femsa by 46.8% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 678 shares of the company’s stock worth $66,000 after buying an additional 216 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in Coca Cola Femsa by 186.6% in the second quarter. EverSource Wealth Advisors LLC now owns 923 shares of the company’s stock worth $89,000 after acquiring an additional 601 shares in the last quarter. Finally, Blue Trust Inc. boosted its holdings in Coca Cola Femsa by 35.3% in the third quarter. Blue Trust Inc. now owns 1,344 shares of the company’s stock worth $112,000 after acquiring an additional 351 shares in the last quarter.

Coca Cola Femsa Price Performance

Shares of NYSE:KOF opened at $104.37 on Friday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.91 and a current ratio of 1.12. The stock’s fifty day simple moving average is $104.84 and its two-hundred day simple moving average is $93.21. Coca Cola Femsa S.A.B. de C.V. has a 1-year low of $80.22 and a 1-year high of $116.36.

Coca Cola Femsa (NYSE:KOF) last posted its quarterly earnings data on Tuesday, February 24th. The company reported $1.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.99 by ($0.04). Coca Cola Femsa had a return on equity of 15.97% and a net margin of 8.18%.The firm had revenue of $4.30 billion for the quarter, compared to analysts’ expectations of $4.42 billion. Research analysts expect that Coca Cola Femsa S.A.B. de C.V. will post 5.7 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on KOF shares. Barclays boosted their price objective on Coca Cola Femsa from $110.00 to $112.00 and gave the company an “equal weight” rating in a report on Tuesday, March 3rd. Bradesco Corretora raised shares of Coca Cola Femsa to an “outperform” rating and set a $124.00 price objective on the stock in a research note on Wednesday, February 11th. Wall Street Zen upgraded shares of Coca Cola Femsa from a “hold” rating to a “buy” rating in a report on Saturday, February 14th. UBS Group boosted their target price on shares of Coca Cola Femsa from $109.00 to $111.00 and gave the stock a “buy” rating in a research report on Friday, January 9th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Coca Cola Femsa in a research report on Friday, December 26th. Six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Coca Cola Femsa presently has an average rating of “Moderate Buy” and an average target price of $111.60.

Coca Cola Femsa Profile

Coca‑Cola FEMSA (NYSE: KOF) is a large multinational beverage bottler and distributor operating primarily in Mexico and across multiple markets in Latin America. As a principal franchise bottler for The Coca‑Cola Company, the firm is responsible for producing, packaging, marketing and distributing Coca‑Cola branded beverages and a wide range of nonalcoholic drinks to retail and foodservice customers throughout its territories.

The company’s product portfolio includes carbonated soft drinks, bottled water, juices, ready‑to‑drink teas and coffees, sports and energy drinks, and other noncarbonated beverages.