Vanguard Capital Wealth Advisors Acquires New Holdings in Coca Cola Femsa S.A.B. de C.V. $KOF

Vanguard Capital Wealth Advisors bought a new position in shares of Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 5,637 shares of the company’s stock, valued at approximately $534,000.

Other institutional investors also recently modified their holdings of the company. Bank of America Corp DE lifted its stake in shares of Coca Cola Femsa by 87.4% in the 2nd quarter. Bank of America Corp DE now owns 589,519 shares of the company’s stock valued at $57,024,000 after acquiring an additional 274,894 shares during the last quarter. Crossmark Global Holdings Inc. bought a new stake in Coca Cola Femsa during the 3rd quarter worth $12,584,000. Lakewood Capital Management LP acquired a new position in Coca Cola Femsa in the 3rd quarter worth about $10,953,000. Invesco Ltd. raised its position in Coca Cola Femsa by 34.6% in the third quarter. Invesco Ltd. now owns 301,266 shares of the company’s stock valued at $25,035,000 after purchasing an additional 77,475 shares during the last quarter. Finally, Jump Financial LLC bought a new position in Coca Cola Femsa in the third quarter valued at about $3,712,000.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on KOF shares. Weiss Ratings restated a “buy (b-)” rating on shares of Coca Cola Femsa in a report on Wednesday, March 25th. Bradesco Corretora upgraded shares of Coca Cola Femsa to an “outperform” rating and set a $124.00 price objective for the company in a report on Wednesday, February 11th. Bank of America reiterated a “buy” rating on shares of Coca Cola Femsa in a research report on Monday, March 2nd. The Goldman Sachs Group boosted their target price on shares of Coca Cola Femsa from $97.00 to $111.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Finally, JPMorgan Chase & Co. cut shares of Coca Cola Femsa from an “overweight” rating to a “neutral” rating and set a $100.00 price target for the company. in a research report on Wednesday, January 28th. Five research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $111.60.

Coca Cola Femsa Trading Down 0.1%

NYSE KOF opened at $98.90 on Friday. The firm has a market capitalization of $166.21 billion, a PE ratio of 16.59, a price-to-earnings-growth ratio of 1.06 and a beta of 0.54. The business’s 50-day moving average price is $104.77 and its two-hundred day moving average price is $94.82. The company has a current ratio of 1.12, a quick ratio of 0.91 and a debt-to-equity ratio of 0.47. Coca Cola Femsa S.A.B. de C.V. has a 12 month low of $80.22 and a 12 month high of $116.36.

Coca Cola Femsa (NYSE:KOF) last posted its quarterly earnings data on Saturday, February 14th. The company reported $2.00 EPS for the quarter. Coca Cola Femsa had a return on equity of 15.97% and a net margin of 8.18%.The company had revenue of $4.31 billion for the quarter. On average, analysts expect that Coca Cola Femsa S.A.B. de C.V. will post 5.7 EPS for the current year.

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.