United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Purchases 10,319 Shares of 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 grew its position in Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF) by 32.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 41,903 shares of the company’s stock after acquiring an additional 10,319 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 $3,969,000 as of its most recent filing with the SEC.

Several other large investors have also bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. raised its position in Coca Cola Femsa by 30.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 21,439 shares of the company’s stock worth $2,030,000 after purchasing an additional 5,035 shares during the last quarter. HBK Sorce Advisory LLC bought a new position in Coca Cola Femsa during the 4th quarter worth $188,000. EverSource Wealth Advisors LLC raised its position in Coca Cola Femsa by 20.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,270 shares of the company’s stock worth $120,000 after purchasing an additional 212 shares during the last quarter. Global Retirement Partners LLC raised its position in Coca Cola Femsa by 138.9% during the 4th quarter. Global Retirement Partners LLC now owns 516 shares of the company’s stock worth $49,000 after purchasing an additional 300 shares during the last quarter. Finally, ABC Arbitrage SA raised its position in Coca Cola Femsa by 112.3% during the 4th quarter. ABC Arbitrage SA now owns 10,386 shares of the company’s stock worth $984,000 after purchasing an additional 5,493 shares during the last quarter.

Coca Cola Femsa Price Performance

KOF stock opened at $107.72 on Friday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.91 and a current ratio of 1.10. The business has a 50-day simple moving average of $102.44 and a two-hundred day simple moving average of $100.22. The company has a market capitalization of $181.04 billion, a P/E ratio of 18.13, a price-to-earnings-growth ratio of 1.30 and a beta of 0.52. 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.

Coca Cola Femsa (NYSE:KOF) last issued its quarterly earnings data on Tuesday, March 31st. The company reported $1.16 EPS for the quarter. Coca Cola Femsa had a return on equity of 15.40% and a net margin of 7.84%. Research analysts expect that Coca Cola Femsa S.A.B. de C.V. will post 6.79 EPS for the current fiscal year.

Coca Cola Femsa Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 1st. Stockholders of record on Monday, April 20th were issued a $1.0873 dividend. This is a boost from Coca Cola Femsa’s previous quarterly dividend of $1.00. This represents a $4.35 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Monday, April 20th. Coca Cola Femsa’s dividend payout ratio is 66.67%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. The Goldman Sachs Group increased their price target on Coca Cola Femsa from $97.00 to $111.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Bradesco Corretora upgraded Coca Cola Femsa to an “outperform” rating and set a $124.00 price target for the company in a report on Wednesday, February 11th. Weiss Ratings downgraded Coca Cola Femsa from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, May 15th. JPMorgan Chase & Co. increased their price target on Coca Cola Femsa from $110.00 to $114.00 and gave the stock a “neutral” rating in a report on Tuesday. Finally, Bank of America reiterated a “buy” rating on shares of Coca Cola Femsa in a report on Monday, March 2nd. Five analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Coca Cola Femsa currently has an average rating of “Moderate Buy” and an average target price of $115.00.

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.