Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) Shares Sold by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC lowered its holdings in Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) by 14.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 80,624 shares of the company’s stock after selling 13,727 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Coca-Cola FEMSA were worth $6,280,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in KOF. SBI Securities Co. Ltd. purchased a new position in Coca-Cola FEMSA in the fourth quarter valued at about $29,000. Steward Partners Investment Advisory LLC grew its stake in Coca-Cola FEMSA by 1,388.9% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 402 shares of the company’s stock valued at $31,000 after purchasing an additional 375 shares in the last quarter. Whipplewood Advisors LLC purchased a new stake in Coca-Cola FEMSA during the 4th quarter worth approximately $70,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Coca-Cola FEMSA during the 3rd quarter valued at approximately $71,000. Finally, Jones Financial Companies Lllp grew its position in shares of Coca-Cola FEMSA by 111.3% during the fourth quarter. Jones Financial Companies Lllp now owns 1,585 shares of the company’s stock worth $123,000 after buying an additional 835 shares in the last quarter.

Coca-Cola FEMSA Trading Up 2.7 %

NYSE:KOF opened at $93.76 on Wednesday. The stock has a market cap of $157.57 billion, a price-to-earnings ratio of 15.92, a PEG ratio of 0.62 and a beta of 0.79. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.94 and a current ratio of 1.14. Coca-Cola FEMSA, S.A.B. de C.V. has a 1 year low of $72.68 and a 1 year high of $102.28. The business has a fifty day moving average of $84.83 and a 200-day moving average of $83.20.

Coca-Cola FEMSA (NYSE:KOF) last issued its quarterly earnings results on Friday, February 21st. The company reported $1.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.51 by $0.22. The company had revenue of $3.76 billion for the quarter, compared to analysts’ expectations of $3.49 billion. Coca-Cola FEMSA had a return on equity of 15.99% and a net margin of 8.12%. Equities analysts predict that Coca-Cola FEMSA, S.A.B. de C.V. will post 5.7 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on KOF. Barclays raised their price target on Coca-Cola FEMSA from $99.00 to $105.00 and gave the stock an “overweight” rating in a report on Tuesday, March 4th. StockNews.com cut Coca-Cola FEMSA from a “strong-buy” rating to a “buy” rating in a research note on Wednesday. Seven analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $104.00.

About Coca-Cola FEMSA

Coca-Cola FEMSA, SAB. de C.V., a franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay. The company offers sparkling beverages, including colas and flavored sparkling beverages; waters; other non-carbonated beverages comprising juice drinks, coffee, teas, milk, value-added dairy products, sports and energy drinks, and plant-based drinks; and alcoholic beverages, such as hard seltzer under the Topo Chico brand name.