Coca-Cola FEMSA (NYSE:KOF) PT Raised to $112.00

Coca-Cola FEMSA (NYSE:KOF) had its target price upped by UBS Group from $109.00 to $112.00 in a research note issued on Tuesday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. UBS Group’s price target would indicate a potential upside of 21.75% from the company’s current price.

Several other equities analysts have also recently issued reports on the stock. Scotiabank upgraded shares of Coca-Cola FEMSA from a “sector perform” rating to a “sector outperform” rating in a research report on Friday, April 12th. JPMorgan Chase & Co. raised their target price on Coca-Cola FEMSA from $102.00 to $107.00 and gave the company an “overweight” rating in a research note on Friday, April 12th. Finally, StockNews.com cut Coca-Cola FEMSA from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, April 9th. Two research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $100.75.

Coca-Cola FEMSA Trading Down 0.9 %

Shares of KOF opened at $91.99 on Tuesday. Coca-Cola FEMSA has a twelve month low of $69.33 and a twelve month high of $104.38. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.24 and a quick ratio of 1.02. The firm has a fifty day simple moving average of $97.15 and a two-hundred day simple moving average of $90.11.

Coca-Cola FEMSA (NYSE:KOF) last posted its earnings results on Friday, February 23rd. The company reported $1.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.76 by ($0.30). Coca-Cola FEMSA had a return on equity of 15.49% and a net margin of 7.94%. The business had revenue of $3.77 billion during the quarter, compared to the consensus estimate of $3.79 billion. During the same period in the previous year, the business earned $1.73 earnings per share. As a group, equities analysts predict that Coca-Cola FEMSA will post 6.57 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Clearbridge Investments LLC grew its holdings in Coca-Cola FEMSA by 0.8% during the 3rd quarter. Clearbridge Investments LLC now owns 96,111 shares of the company’s stock valued at $7,539,000 after buying an additional 734 shares in the last quarter. Sei Investments Co. boosted its holdings in shares of Coca-Cola FEMSA by 17.3% during the 3rd quarter. Sei Investments Co. now owns 163,082 shares of the company’s stock valued at $12,792,000 after purchasing an additional 24,017 shares during the last quarter. Dfpg Investments LLC grew its position in shares of Coca-Cola FEMSA by 11.2% during the fourth quarter. Dfpg Investments LLC now owns 6,709 shares of the company’s stock valued at $616,000 after purchasing an additional 678 shares in the last quarter. Causeway Capital Management LLC increased its holdings in shares of Coca-Cola FEMSA by 13.1% in the third quarter. Causeway Capital Management LLC now owns 126,594 shares of the company’s stock worth $9,930,000 after purchasing an additional 14,657 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in shares of Coca-Cola FEMSA by 8.9% in the third quarter. Janney Montgomery Scott LLC now owns 6,812 shares of the company’s stock worth $534,000 after buying an additional 559 shares in the last quarter.

About Coca-Cola FEMSA

Coca-Cola FEMSA, SAB. de C.V., a franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages. The company offers sparkling beverages, including colas and flavored sparkling beverages; and waters and other beverages, such as juice drinks, coffee, teas, milk, value-added dairy products, sports and energy drinks, alcoholic beverages, and plant-based drinks.