Quantinno Capital Management LP Has $2.49 Million Holdings in Coca Cola Femsa S.A.B. de C.V. $KOF

Quantinno Capital Management LP boosted its position in Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF) by 30.0% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 25,509 shares of the company’s stock after purchasing an additional 5,892 shares during the period. Quantinno Capital Management LP’s holdings in Coca Cola Femsa were worth $2,488,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd raised its position in shares of Coca Cola Femsa by 482.5% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 332 shares of the company’s stock worth $28,000 after acquiring an additional 275 shares in the last quarter. Smartleaf Asset Management LLC boosted its position in shares of Coca Cola Femsa by 79.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 346 shares of the company’s stock valued at $33,000 after purchasing an additional 153 shares in the last quarter. Whipplewood Advisors LLC grew its stake in Coca Cola Femsa by 862.2% during the first quarter. Whipplewood Advisors LLC now owns 433 shares of the company’s stock worth $42,000 after purchasing an additional 388 shares during the period. Farther Finance Advisors LLC grew its stake in Coca Cola Femsa by 490.7% during the fourth quarter. Farther Finance Advisors LLC now owns 508 shares of the company’s stock worth $48,000 after purchasing an additional 422 shares during the period. Finally, Global Retirement Partners LLC increased its holdings in Coca Cola Femsa by 138.9% in the fourth quarter. Global Retirement Partners LLC now owns 516 shares of the company’s stock worth $49,000 after purchasing an additional 300 shares in the last quarter.

Analysts Set New Price Targets

KOF has been the topic of a number of research analyst reports. Wall Street Zen upgraded Coca Cola Femsa from a “buy” rating to a “strong-buy” rating in a report on Saturday. HSBC reiterated a “hold” rating and issued a $116.00 price objective on shares of Coca Cola Femsa in a research note on Tuesday, July 28th. UBS Group boosted their target price on shares of Coca Cola Femsa from $110.00 to $113.00 and gave the company a “neutral” rating in a research report on Monday, August 3rd. Weiss Ratings upgraded shares of Coca Cola Femsa from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 29th. Finally, Barclays lifted their price target on shares of Coca Cola Femsa from $115.00 to $122.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 29th. Four analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $118.83.

Coca Cola Femsa Trading Down 0.1%

Shares of Coca Cola Femsa stock opened at $110.33 on Monday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.87 and a current ratio of 1.04. Coca Cola Femsa S.A.B. de C.V. has a 52 week low of $80.22 and a 52 week high of $116.36. The stock has a 50 day moving average price of $106.31 and a two-hundred day moving average price of $105.09. The stock has a market capitalization of $185.43 billion, a PE ratio of 17.40, a price-to-earnings-growth ratio of 1.35 and a beta of 0.52.

Coca Cola Femsa (NYSE:KOF) last issued its earnings results on Wednesday, July 1st. The company reported $1.69 earnings per share for the quarter. Coca Cola Femsa had a return on equity of 15.83% and a net margin of 8.05%.The company had revenue of $4.36 billion for the quarter. As a group, equities analysts anticipate that Coca Cola Femsa S.A.B. de C.V. will post 6.75 earnings per share for the current fiscal year.

Coca Cola Femsa Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 13th were issued a dividend of $1.1248 per share. This is an increase from Coca Cola Femsa’s previous quarterly dividend of $1.09. This represents a $4.50 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Monday, July 13th. Coca Cola Femsa’s dividend payout ratio is 61.99%.

About Coca Cola Femsa

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.