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  • Global Retirement Partners LLC Buys 7,250 Shares of CocaCola Company (The) $KO

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    Global Retirement Partners LLC grew its position in shares of CocaCola Company (The) (NYSE:KO – Free Report) by 6.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 124,073 shares of the company’s stock after acquiring an additional 7,250 shares during the quarter. Global Retirement Partners LLC’s holdings in CocaCola were worth $8,229,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

    Other institutional investors and hedge funds also recently made changes to their positions in the company. Sava Infond d.o.o. raised its stake in shares of CocaCola by 210.8% during the 2nd quarter. Sava Infond d.o.o. now owns 5,750 shares of the company’s stock worth $407,000 after purchasing an additional 3,900 shares during the period. Vanguard Group Inc. increased its holdings in CocaCola by 1.7% during the second quarter. Vanguard Group Inc. now owns 367,441,971 shares of the company’s stock worth $25,996,519,000 after buying an additional 6,241,163 shares during the last quarter. Perigon Wealth Management LLC raised its position in CocaCola by 3.6% in the second quarter. Perigon Wealth Management LLC now owns 130,164 shares of the company’s stock worth $9,209,000 after acquiring an additional 4,469 shares during the period. Aberdeen Group plc boosted its stake in CocaCola by 5.0% in the second quarter. Aberdeen Group plc now owns 4,557,668 shares of the company’s stock valued at $322,455,000 after acquiring an additional 216,752 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of CocaCola by 6.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 30,889,415 shares of the company’s stock valued at $2,212,300,000 after acquiring an additional 1,794,561 shares during the period. Hedge funds and other institutional investors own 70.26% of the company’s stock.

    Analysts Set New Price Targets

    A number of equities research analysts recently commented on KO shares. Bank of America lifted their price target on shares of CocaCola from $78.00 to $80.00 and gave the stock a “buy” rating in a report on Friday, November 7th. UBS Group restated a “buy” rating on shares of CocaCola in a research note on Friday, December 5th. Wells Fargo & Company upped their price target on CocaCola from $75.00 to $79.00 and gave the company an “overweight” rating in a research report on Wednesday, October 22nd. TD Cowen lifted their price objective on CocaCola from $75.00 to $80.00 and gave the stock a “buy” rating in a report on Wednesday, October 22nd. Finally, Cowen restated a “buy” rating on shares of CocaCola in a research note on Wednesday, October 22nd. One research analyst has rated the stock with a Strong Buy rating and fifteen have assigned a Buy rating to the company. According to data from MarketBeat.com, CocaCola currently has a consensus rating of “Buy” and an average price target of $79.08.

    Check Out Our Latest Analysis on KO

    CocaCola Price Performance

    CocaCola stock opened at $69.11 on Friday. The firm has a market capitalization of $297.30 billion, a P/E ratio of 22.89, a PEG ratio of 3.56 and a beta of 0.39. CocaCola Company has a one year low of $60.62 and a one year high of $74.38. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.21 and a quick ratio of 1.00. The business has a fifty day moving average price of $70.49 and a 200-day moving average price of $69.35.

    CocaCola (NYSE:KO – Get Free Report) last issued its quarterly earnings data on Thursday, March 27th. The company reported $0.55 earnings per share (EPS) for the quarter. CocaCola had a return on equity of 43.62% and a net margin of 27.34%.The business had revenue of $11.40 billion for the quarter. As a group, equities research analysts forecast that CocaCola Company will post 2.96 EPS for the current year.

    CocaCola Announces Dividend

    The company also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 1st were issued a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend was Monday, December 1st. CocaCola’s dividend payout ratio is presently 67.55%.

    Insider Buying and Selling

    In other CocaCola news, COO Henrique Braun sold 40,390 shares of the firm’s stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $70.93, for a total value of $2,864,862.70. Following the completion of the transaction, the chief operating officer directly owned 62,621 shares of the company’s stock, valued at $4,441,707.53. This trade represents a 39.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Nancy Quan sold 31,625 shares of the business’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $71.17, for a total transaction of $2,250,751.25. Following the transaction, the executive vice president owned 223,330 shares of the company’s stock, valued at $15,894,396.10. This trade represents a 12.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 225,252 shares of company stock valued at $15,953,007 in the last three months. Insiders own 0.97% of the company’s stock.

    About CocaCola

    (Free Report)

    The Coca‑Cola Company (NYSE: KO) is a global beverage manufacturer, marketer and distributor best known for its flagship Coca‑Cola soda. Headquartered in Atlanta, Georgia, the company develops and sells concentrates, syrups and finished beverages across a broad portfolio of brands. Its product range spans sparkling soft drinks, bottled water, sports drinks, juices, ready‑to‑drink teas and coffees, and other still beverages, marketed under both global and regional brand names.

    Coca‑Cola’s brand portfolio includes widely recognized names such as Coca‑Cola, Diet Coke, Coca‑Cola Zero Sugar, Sprite, Fanta, Minute Maid, Powerade and Dasani, and in recent years the company has expanded into the coffee and premium beverage categories through acquisitions such as Costa Coffee.

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    Institutional Ownership by Quarter for CocaCola (NYSE:KO)



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  • CocaCola Company (The) (NYSE:KO) Receives Consensus Rating of “Buy” from Brokerages

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    Shares of CocaCola Company (The) (NYSE:KO – Get Free Report) have been assigned a consensus recommendation of “Buy” from the sixteen analysts that are covering the firm, Marketbeat.com reports. Fourteen investment analysts have rated the stock with a buy rating and two have issued a strong buy rating on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $77.2143.

    Several analysts have commented on KO shares. Royal Bank Of Canada set a $76.00 price objective on shares of CocaCola and gave the stock an “outperform” rating in a report on Monday, July 21st. UBS Group lowered their price objective on shares of CocaCola from $86.00 to $84.00 and set a “buy” rating for the company in a report on Wednesday, July 23rd. JPMorgan Chase & Co. raised their price objective on shares of CocaCola from $77.00 to $79.00 and gave the stock an “overweight” rating in a report on Wednesday, July 23rd. Morgan Stanley restated an “overweight” rating and issued a $81.00 price objective on shares of CocaCola in a report on Monday, June 9th. Finally, BNP Paribas restated an “outperform” rating and issued a $83.00 price objective on shares of CocaCola in a report on Monday, July 21st.

    Check Out Our Latest Analysis on KO

    Insider Activity

    In other news, insider Nikolaos Koumettis sold 37,396 shares of CocaCola stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $69.10, for a total transaction of $2,584,063.60. Following the completion of the transaction, the insider directly owned 209,513 shares in the company, valued at approximately $14,477,348.30. This trade represents a 15.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.90% of the company’s stock.

    Hedge Funds Weigh In On CocaCola

    Large investors have recently made changes to their positions in the business. MorganRosel Wealth Management LLC purchased a new position in shares of CocaCola during the first quarter valued at approximately $25,000. 1248 Management LLC purchased a new position in CocaCola in the 1st quarter worth approximately $26,000. Caitong International Asset Management Co. Ltd raised its holdings in CocaCola by 5,142.9% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 367 shares of the company’s stock worth $26,000 after acquiring an additional 360 shares during the last quarter. Headlands Technologies LLC purchased a new position in CocaCola in the 2nd quarter worth approximately $26,000. Finally, Garde Capital Inc. purchased a new position in CocaCola in the 1st quarter worth approximately $30,000. 70.26% of the stock is currently owned by hedge funds and other institutional investors.

    CocaCola Stock Down 0.8%

    NYSE KO opened at $67.43 on Tuesday. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.21 and a quick ratio of 0.98. The stock has a market capitalization of $290.18 billion, a PE ratio of 23.91, a PEG ratio of 3.54 and a beta of 0.43. CocaCola has a 1 year low of $60.62 and a 1 year high of $74.38. The business’s 50-day moving average is $69.59 and its 200 day moving average is $70.46.

    CocaCola (NYSE:KO – Get Free Report) last issued its quarterly earnings data on Tuesday, July 22nd. The company reported $0.87 EPS for the quarter, topping the consensus estimate of $0.83 by $0.04. CocaCola had a net margin of 25.89% and a return on equity of 44.91%. The business had revenue of $12.50 billion during the quarter, compared to analyst estimates of $12.55 billion. During the same period last year, the business posted $0.84 earnings per share. CocaCola’s quarterly revenue was up 2.5% compared to the same quarter last year. CocaCola has set its FY 2025 guidance at 2.970-2.970 EPS. Sell-side analysts forecast that CocaCola will post 2.96 earnings per share for the current year.

    CocaCola Dividend Announcement

    The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Stockholders of record on Monday, September 15th will be issued a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Monday, September 15th. CocaCola’s dividend payout ratio (DPR) is presently 72.34%.

    CocaCola Company Profile

    (Get Free Report)

    The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks, sparkling flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages; and other beverages. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores.

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    Analyst Recommendations for CocaCola (NYSE:KO)



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  • J. M. Smucker (NYSE:SJM) Shares Gap Down Following Weak Earnings

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    Shares of The J. M. Smucker Company (NYSE:SJM – Get Free Report) gapped down before the market opened on Wednesday following a weaker than expected earnings announcement. The stock had previously closed at $110.58, but opened at $100.25. J. M. Smucker shares last traded at $105.90, with a volume of 2,190,654 shares traded.

    The company reported $1.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.05). The company had revenue of $2.11 billion during the quarter, compared to analyst estimates of $2.09 billion. J. M. Smucker had a positive return on equity of 15.41% and a negative net margin of 16.75%.The business’s revenue was down .6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.44 earnings per share. J. M. Smucker has set its FY 2026 guidance at 8.500-9.500 EPS.

    J. M. Smucker Increases Dividend

    The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Friday, August 15th will be issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date is Friday, August 15th. This is a positive change from J. M. Smucker’s previous quarterly dividend of $1.08. J. M. Smucker’s payout ratio is presently -32.09%.

    Analyst Ratings Changes

    A number of equities analysts recently issued reports on SJM shares. Stifel Nicolaus lifted their target price on J. M. Smucker from $106.00 to $110.00 and gave the stock a “hold” rating in a report on Tuesday, July 29th. Wells Fargo & Company lifted their target price on J. M. Smucker from $115.00 to $120.00 and gave the stock an “overweight” rating in a report on Monday, August 18th. BNP Paribas Exane upgraded J. M. Smucker from an “underperform” rating to an “outperform” rating and set a $120.00 target price on the stock in a report on Wednesday, July 9th. Citigroup lowered their price target on J. M. Smucker from $128.00 to $118.00 and set a “buy” rating on the stock in a report on Wednesday, June 11th. Finally, Jefferies Financial Group upgraded J. M. Smucker from a “hold” rating to a “buy” rating and lowered their price target for the company from $118.00 to $115.00 in a report on Wednesday, June 11th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $118.00.

    Get Our Latest Report on J. M. Smucker

    Insider Buying and Selling

    In other news, Director Tarang Amin bought 1,050 shares of the stock in a transaction on Thursday, June 12th. The shares were purchased at an average price of $96.09 per share, for a total transaction of $100,894.50. Following the completion of the purchase, the director directly owned 3,825 shares of the company’s stock, valued at $367,544.25. This trade represents a 37.84% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 2.24% of the stock is owned by company insiders.

    Institutional Inflows and Outflows

    Institutional investors and hedge funds have recently bought and sold shares of the company. Merit Financial Group LLC purchased a new position in J. M. Smucker in the first quarter valued at about $203,000. Farther Finance Advisors LLC grew its stake in J. M. Smucker by 113.5% in the first quarter. Farther Finance Advisors LLC now owns 2,923 shares of the company’s stock valued at $346,000 after purchasing an additional 1,554 shares in the last quarter. Costello Asset Management INC purchased a new position in J. M. Smucker in the first quarter valued at about $50,000. Schonfeld Strategic Advisors LLC grew its stake in J. M. Smucker by 124.8% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 13,355 shares of the company’s stock valued at $1,471,000 after purchasing an additional 7,414 shares in the last quarter. Finally, State of Alaska Department of Revenue grew its stake in J. M. Smucker by 1.6% in the first quarter. State of Alaska Department of Revenue now owns 20,968 shares of the company’s stock valued at $2,482,000 after purchasing an additional 335 shares in the last quarter. Hedge funds and other institutional investors own 81.66% of the company’s stock.

    J. M. Smucker Stock Up 1.0%

    The business has a 50 day simple moving average of $106.73 and a 200 day simple moving average of $109.54. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.81 and a quick ratio of 0.35. The stock has a market cap of $11.37 billion, a PE ratio of -7.79, a P/E/G ratio of 7.93 and a beta of 0.31.

    J. M. Smucker Company Profile

    (Get Free Report)

    The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in three segments: U.S. Retail Pet Foods, U.S. Retail Coffee, and U.S. Retail Consumer Foods. The company offers mainstream roast, ground, single serve, and premium coffee; peanut butter and specialty spreads; fruit spreads, toppings, and syrups; jelly products; nut mix products; shortening and oils; frozen sandwiches and snacks; pet food and pet snacks; and foodservice hot beverage, foodservice portion control, and flour products, as well as dog and cat food, frozen handheld products, juices and beverages, and baking mixes and ingredients.

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  • QRG Capital Management Inc. Has $1.60 Million Stock Holdings in The Estée Lauder Companies Inc. (NYSE:EL)

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    QRG Capital Management Inc. raised its stake in The Estée Lauder Companies Inc. (NYSE:EL – Free Report) by 14.5% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 16,017 shares of the company’s stock after buying an additional 2,025 shares during the period. QRG Capital Management Inc.’s holdings in Estée Lauder Companies were worth $1,597,000 at the end of the most recent reporting period.

    Other hedge funds have also recently added to or reduced their stakes in the company. Rothschild Investment LLC bought a new position in shares of Estée Lauder Companies during the second quarter valued at $30,000. PARK CIRCLE Co bought a new position in shares of Estée Lauder Companies during the second quarter valued at $32,000. Kimelman & Baird LLC bought a new position in shares of Estée Lauder Companies during the second quarter valued at $32,000. Crewe Advisors LLC bought a new position in shares of Estée Lauder Companies during the first quarter valued at $35,000. Finally, Chilton Capital Management LLC raised its stake in shares of Estée Lauder Companies by 163.0% during the first quarter. Chilton Capital Management LLC now owns 263 shares of the company’s stock valued at $41,000 after acquiring an additional 163 shares during the last quarter. Institutional investors and hedge funds own 55.15% of the company’s stock.

    Insiders Place Their Bets

    In other Estée Lauder Companies news, Director Charlene Barshefsky sold 3,437 shares of Estée Lauder Companies stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of $91.93, for a total value of $315,963.41. Following the sale, the director now owns 49,800 shares of the company’s stock, valued at approximately $4,578,114. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, CEO Fabrizio Freda sold 10,969 shares of the business’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $67.76, for a total value of $743,259.44. Following the sale, the chief executive officer now owns 295,838 shares of the company’s stock, valued at $20,045,982.88. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Charlene Barshefsky sold 3,437 shares of the business’s stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $91.93, for a total transaction of $315,963.41. Following the completion of the sale, the director now directly owns 49,800 shares in the company, valued at approximately $4,578,114. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 18,296 shares of company stock valued at $1,423,366. Company insiders own 12.78% of the company’s stock.

    Estée Lauder Companies Stock Up 4.8 %

    Estée Lauder Companies stock opened at $66.31 on Friday. The Estée Lauder Companies Inc. has a fifty-two week low of $62.88 and a fifty-two week high of $159.75. The stock has a market cap of $23.79 billion, a PE ratio of 118.41, a price-to-earnings-growth ratio of 2.36 and a beta of 1.05. The firm’s 50-day simple moving average is $88.41 and its 200 day simple moving average is $104.59. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.90 and a current ratio of 1.32.

    Estée Lauder Companies (NYSE:EL – Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.09 by $0.05. The business had revenue of $3.36 billion for the quarter, compared to analyst estimates of $3.37 billion. Estée Lauder Companies had a net margin of 1.31% and a return on equity of 17.31%. The company’s revenue for the quarter was down 4.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.11 earnings per share. Research analysts predict that The Estée Lauder Companies Inc. will post 2 EPS for the current fiscal year.

    Estée Lauder Companies Cuts Dividend

    The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 29th will be given a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 2.11%. The ex-dividend date of this dividend is Friday, November 29th. Estée Lauder Companies’s dividend payout ratio is 471.43%.

    Analyst Ratings Changes

    A number of equities analysts recently weighed in on the stock. B. Riley lowered their target price on shares of Estée Lauder Companies from $95.00 to $70.00 and set a “neutral” rating for the company in a research note on Monday. UBS Group lowered their target price on shares of Estée Lauder Companies from $115.00 to $104.00 and set a “neutral” rating for the company in a research note on Tuesday, August 20th. StockNews.com downgraded shares of Estée Lauder Companies from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Citigroup downgraded shares of Estée Lauder Companies from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $105.00 to $80.00 in a research note on Thursday, October 31st. Finally, Royal Bank of Canada lowered their target price on shares of Estée Lauder Companies from $131.00 to $100.00 and set an “outperform” rating for the company in a research note on Friday, November 1st. Nineteen research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $100.90.

    Get Our Latest Research Report on Estée Lauder Companies

    About Estée Lauder Companies

    (Free Report)

    The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, and powders, as well as compacts, brushes, and other makeup tools.

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    Want to see what other hedge funds are holding EL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Estée Lauder Companies Inc. (NYSE:EL – Free Report).

    Institutional Ownership by Quarter for Estée Lauder Companies (NYSE:EL)



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  • StockNews.com Upgrades Nu Skin Enterprises (NYSE:NUS) to Buy

    StockNews.com Upgrades Nu Skin Enterprises (NYSE:NUS) to Buy

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    Nu Skin Enterprises (NYSE:NUS – Get Free Report) was upgraded by investment analysts at StockNews.com from a “hold” rating to a “buy” rating in a note issued to investors on Friday.

    Several other research analysts have also recently weighed in on the stock. Citigroup dropped their price objective on shares of Nu Skin Enterprises from $14.00 to $11.50 and set a “neutral” rating for the company in a research report on Friday, August 9th. DA Davidson dropped their target price on Nu Skin Enterprises from $12.50 to $11.00 and set a “neutral” rating for the company in a research report on Monday, August 12th. Three equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $16.50.

    Check Out Our Latest Analysis on Nu Skin Enterprises

    Nu Skin Enterprises Trading Down 4.2 %

    Shares of NUS opened at $8.00 on Friday. The company has a current ratio of 2.12, a quick ratio of 1.33 and a debt-to-equity ratio of 0.62. The stock has a 50 day simple moving average of $10.04 and a 200-day simple moving average of $11.79. Nu Skin Enterprises has a 1 year low of $8.00 and a 1 year high of $24.38. The stock has a market cap of $397.34 million, a PE ratio of -133.33 and a beta of 1.13.

    Nu Skin Enterprises (NYSE:NUS – Get Free Report) last posted its earnings results on Thursday, August 8th. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.04. The company had revenue of $439.10 million during the quarter, compared to analysts’ expectations of $431.87 million. Nu Skin Enterprises had a negative net margin of 8.05% and a positive return on equity of 7.80%. Nu Skin Enterprises’s quarterly revenue was down 12.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.54 earnings per share. On average, sell-side analysts predict that Nu Skin Enterprises will post 0.78 EPS for the current fiscal year.

    Institutional Investors Weigh In On Nu Skin Enterprises

    A number of institutional investors and hedge funds have recently added to or reduced their stakes in NUS. New York State Common Retirement Fund grew its holdings in Nu Skin Enterprises by 11.8% during the fourth quarter. New York State Common Retirement Fund now owns 41,000 shares of the company’s stock valued at $796,000 after purchasing an additional 4,334 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in shares of Nu Skin Enterprises by 17.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,157,697 shares of the company’s stock valued at $22,482,000 after buying an additional 173,193 shares during the period. Vanguard Personalized Indexing Management LLC bought a new stake in shares of Nu Skin Enterprises in the 4th quarter valued at $227,000. Janney Montgomery Scott LLC acquired a new stake in Nu Skin Enterprises during the 4th quarter worth $481,000. Finally, Kingsview Wealth Management LLC lifted its holdings in Nu Skin Enterprises by 39.0% during the fourth quarter. Kingsview Wealth Management LLC now owns 109,652 shares of the company’s stock worth $2,129,000 after acquiring an additional 30,792 shares in the last quarter. Institutional investors own 82.84% of the company’s stock.

    Nu Skin Enterprises Company Profile

    (Get Free Report)

    Nu Skin Enterprises, Inc, together with its subsidiaries, engages in the development and distribution of various beauty and wellness products worldwide. It offers skin care devices, cosmetics, and other personal care products, including ageLOC LumiSpa and ageLOC LumiSpa iO; and nutricentials skin care products.

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  • Colgate-Palmolive (NYSE:CL) Lowered to Hold at Hsbc Global Res

    Colgate-Palmolive (NYSE:CL) Lowered to Hold at Hsbc Global Res

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    Hsbc Global Res cut shares of Colgate-Palmolive (NYSE:CL – Free Report) from a strong-buy rating to a hold rating in a research note published on Friday, Zacks.com reports.

    A number of other research analysts have also issued reports on the stock. Stifel Nicolaus boosted their price target on shares of Colgate-Palmolive from $95.00 to $105.00 and gave the stock a buy rating in a research note on Monday, July 22nd. Bank of America boosted their price objective on shares of Colgate-Palmolive from $100.00 to $110.00 and gave the stock a buy rating in a report on Wednesday, July 10th. TD Cowen initiated coverage on shares of Colgate-Palmolive in a report on Tuesday, July 23rd. They set a buy rating and a $110.00 price objective on the stock. Citigroup boosted their price objective on shares of Colgate-Palmolive from $103.00 to $112.00 and gave the stock a buy rating in a report on Wednesday, July 10th. Finally, Evercore ISI boosted their price objective on shares of Colgate-Palmolive from $100.00 to $106.00 and gave the company an outperform rating in a research report on Thursday, July 18th. Six equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of Moderate Buy and a consensus target price of $99.42.

    Get Our Latest Report on CL

    Colgate-Palmolive Trading Up 1.5 %

    Shares of Colgate-Palmolive stock opened at $100.88 on Friday. Colgate-Palmolive has a 52-week low of $67.62 and a 52-week high of $101.42. The company has a quick ratio of 0.28, a current ratio of 0.42 and a debt-to-equity ratio of 13.21. The company’s 50-day simple moving average is $95.96 and its 200-day simple moving average is $90.34. The firm has a market cap of $82.77 billion, a price-to-earnings ratio of 31.92, a price-to-earnings-growth ratio of 3.57 and a beta of 0.39.

    Colgate-Palmolive (NYSE:CL – Get Free Report) last issued its quarterly earnings results on Friday, July 26th. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.87 by $0.04. Colgate-Palmolive had a net margin of 14.21% and a return on equity of 470.19%. The business had revenue of $5.06 billion for the quarter, compared to analyst estimates of $5 billion. During the same period in the previous year, the business posted $0.77 earnings per share. The business’s revenue was up 4.9% compared to the same quarter last year. As a group, equities research analysts anticipate that Colgate-Palmolive will post 3.55 earnings per share for the current year.

    Colgate-Palmolive Dividend Announcement

    The company also recently announced a quarterly dividend, which will be paid on Thursday, August 15th. Stockholders of record on Friday, July 19th will be paid a $0.50 dividend. The ex-dividend date is Friday, July 19th. This represents a $2.00 annualized dividend and a dividend yield of 1.98%. Colgate-Palmolive’s dividend payout ratio (DPR) is presently 63.29%.

    Insider Activity

    In other Colgate-Palmolive news, insider John W. Kooyman sold 3,497 shares of the stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $93.47, for a total transaction of $326,864.59. Following the transaction, the insider now directly owns 3,181 shares in the company, valued at approximately $297,328.07. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, insider Sally Massey sold 12,226 shares of the firm’s stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of $94.06, for a total value of $1,149,977.56. Following the transaction, the insider now directly owns 13,924 shares in the company, valued at approximately $1,309,691.44. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider John W. Kooyman sold 3,497 shares of the firm’s stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $93.47, for a total transaction of $326,864.59. Following the completion of the transaction, the insider now owns 3,181 shares in the company, valued at $297,328.07. The disclosure for this sale can be found here. Insiders own 0.34% of the company’s stock.

    Institutional Inflows and Outflows

    Large investors have recently modified their holdings of the business. Signaturefd LLC increased its holdings in shares of Colgate-Palmolive by 26.5% in the 2nd quarter. Signaturefd LLC now owns 17,705 shares of the company’s stock worth $1,718,000 after acquiring an additional 3,711 shares during the period. Arjuna Capital increased its holdings in shares of Colgate-Palmolive by 0.8% in the 2nd quarter. Arjuna Capital now owns 38,004 shares of the company’s stock worth $3,688,000 after acquiring an additional 314 shares during the period. Bank OZK acquired a new stake in shares of Colgate-Palmolive in the 2nd quarter worth about $212,000. Main Street Research LLC increased its holdings in shares of Colgate-Palmolive by 1.5% in the 2nd quarter. Main Street Research LLC now owns 6,939 shares of the company’s stock worth $673,000 after acquiring an additional 100 shares during the period. Finally, HighMark Wealth Management LLC acquired a new stake in shares of Colgate-Palmolive in the 2nd quarter worth about $291,000. 80.41% of the stock is currently owned by institutional investors.

    Colgate-Palmolive Company Profile

    (Get Free Report)

    Colgate-Palmolive Company, together with its subsidiaries, manufactures and sells consumer products in the United States and internationally. It operates through two segments: Oral, Personal and Home Care; and Pet Nutrition. The Oral, Personal and Home Care segment offers toothpaste, toothbrushes, mouthwash, bar and liquid hand soaps, shower gels, shampoos, conditioners, deodorants and antiperspirants, skin health products, dishwashing detergents, fabric conditioners, household cleaners, and other related items.

    See Also

    Analyst Recommendations for Colgate-Palmolive (NYSE:CL)

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  • Sequoia Financial Advisors LLC Buys Shares of 2,134 WD-40 (NASDAQ:WDFC)

    Sequoia Financial Advisors LLC Buys Shares of 2,134 WD-40 (NASDAQ:WDFC)

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    Sequoia Financial Advisors LLC bought a new stake in WD-40 (NASDAQ:WDFC – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,134 shares of the specialty chemicals company’s stock, valued at approximately $510,000.

    Several other hedge funds and other institutional investors also recently made changes to their positions in WDFC. JPMorgan Chase & Co. grew its holdings in shares of WD-40 by 7.7% during the first quarter. JPMorgan Chase & Co. now owns 27,928 shares of the specialty chemicals company’s stock worth $5,117,000 after purchasing an additional 1,991 shares during the last quarter. US Bancorp DE grew its holdings in shares of WD-40 by 3.2% during the first quarter. US Bancorp DE now owns 2,249 shares of the specialty chemicals company’s stock worth $412,000 after purchasing an additional 69 shares during the last quarter. HighTower Advisors LLC grew its holdings in shares of WD-40 by 5.4% during the first quarter. HighTower Advisors LLC now owns 4,069 shares of the specialty chemicals company’s stock worth $734,000 after purchasing an additional 208 shares during the last quarter. Citigroup Inc. grew its holdings in shares of WD-40 by 5.3% during the first quarter. Citigroup Inc. now owns 13,825 shares of the specialty chemicals company’s stock worth $2,533,000 after purchasing an additional 690 shares during the last quarter. Finally, MetLife Investment Management LLC grew its holdings in shares of WD-40 by 57.7% during the first quarter. MetLife Investment Management LLC now owns 7,416 shares of the specialty chemicals company’s stock worth $1,359,000 after purchasing an additional 2,713 shares during the last quarter. 91.52% of the stock is currently owned by institutional investors.

    Analyst Upgrades and Downgrades

    Separately, DA Davidson restated a “buy” rating and set a $313.00 price target on shares of WD-40 in a report on Wednesday, April 10th.

    Check Out Our Latest Research Report on WDFC

    Insider Buying and Selling

    In related news, VP Jeffrey G. Lindeman acquired 182 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The shares were bought at an average cost of $272.42 per share, with a total value of $49,580.44. Following the completion of the purchase, the vice president now directly owns 3,073 shares in the company, valued at $837,146.66. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other WD-40 news, VP Jeffrey G. Lindeman purchased 182 shares of the company’s stock in a transaction on Monday, February 12th. The shares were purchased at an average cost of $272.42 per share, with a total value of $49,580.44. Following the completion of the purchase, the vice president now owns 3,073 shares in the company, valued at $837,146.66. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director David Pendarvis purchased 328 shares of the company’s stock in a transaction on Friday, April 12th. The stock was acquired at an average cost of $234.75 per share, for a total transaction of $76,998.00. Following the completion of the purchase, the director now owns 4,934 shares of the company’s stock, valued at approximately $1,158,256.50. The disclosure for this purchase can be found here. 0.65% of the stock is owned by insiders.

    WD-40 Price Performance

    WD-40 stock opened at $231.92 on Wednesday. The stock’s 50 day moving average is $256.18 and its 200 day moving average is $241.31. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.27 and a quick ratio of 1.56. The firm has a market cap of $3.14 billion, a P/E ratio of 46.29 and a beta of -0.06. WD-40 has a one year low of $181.38 and a one year high of $278.78.

    WD-40 (NASDAQ:WDFC – Get Free Report) last posted its quarterly earnings data on Tuesday, April 9th. The specialty chemicals company reported $1.14 EPS for the quarter, topping analysts’ consensus estimates of $1.13 by $0.01. The company had revenue of $139.10 million for the quarter, compared to analyst estimates of $140.51 million. WD-40 had a return on equity of 32.30% and a net margin of 12.19%. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the firm earned $1.21 earnings per share. As a group, research analysts expect that WD-40 will post 5.22 EPS for the current year.

    WD-40 Dividend Announcement

    The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Friday, April 19th will be paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.52%. The ex-dividend date is Thursday, April 18th. WD-40’s dividend payout ratio is currently 70.26%.

    WD-40 Company Profile

    (Free Report)

    WD-40 Company develops and sells maintenance products, and homecare and cleaning products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides multi-purpose maintenance products that include aerosol sprays, non-aerosol trigger sprays, precision pens, and in liquid-bulk form products under the WD-40 Multi-Use brand name; specialty maintenance products, such as penetrants, degreasers, corrosion inhibitors, greases, lubricants, and rust removers under the WD-40 Specialist brand; and bike-specific products.

    See Also

    Want to see what other hedge funds are holding WDFC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for WD-40 (NASDAQ:WDFC – Free Report).

    Institutional Ownership by Quarter for WD-40 (NASDAQ:WDFC)

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  • Bruce G. Allen Investments LLC Takes Position in Altria Group, Inc. (NYSE:MO)

    Bruce G. Allen Investments LLC Takes Position in Altria Group, Inc. (NYSE:MO)

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    Bruce G. Allen Investments LLC acquired a new stake in Altria Group, Inc. (NYSE:MO – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 955 shares of the company’s stock, valued at approximately $39,000.

    Other hedge funds also recently modified their holdings of the company. Moneta Group Investment Advisors LLC grew its holdings in Altria Group by 108,222.5% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 18,590,308 shares of the company’s stock worth $849,763,000 after purchasing an additional 18,573,146 shares during the period. Capital World Investors grew its holdings in Altria Group by 8.5% during the second quarter. Capital World Investors now owns 96,401,945 shares of the company’s stock worth $4,367,008,000 after purchasing an additional 7,546,851 shares during the period. Barclays PLC grew its holdings in Altria Group by 84.1% during the second quarter. Barclays PLC now owns 5,426,522 shares of the company’s stock worth $245,823,000 after purchasing an additional 2,478,576 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in Altria Group by 6.4% during the first quarter. Charles Schwab Investment Management Inc. now owns 36,302,349 shares of the company’s stock worth $1,896,798,000 after purchasing an additional 2,178,596 shares during the period. Finally, AQR Capital Management LLC grew its holdings in Altria Group by 54.1% during the third quarter. AQR Capital Management LLC now owns 4,710,670 shares of the company’s stock worth $198,084,000 after purchasing an additional 1,653,455 shares during the period. Institutional investors own 58.94% of the company’s stock.

    Altria Group Stock Up 0.3 %

    Shares of MO stock opened at $44.77 on Thursday. The firm has a 50 day moving average price of $41.09 and a two-hundred day moving average price of $41.53. The company has a market capitalization of $78.95 billion, a PE ratio of 9.80, a price-to-earnings-growth ratio of 2.69 and a beta of 0.65. Altria Group, Inc. has a 12-month low of $39.06 and a 12-month high of $48.04.

    Altria Group (NYSE:MO – Get Free Report) last issued its quarterly earnings data on Thursday, February 1st. The company reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.01. Altria Group had a net margin of 33.21% and a negative return on equity of 244.55%. The firm had revenue of $5.02 billion during the quarter, compared to the consensus estimate of $5.06 billion. During the same period last year, the business posted $1.18 earnings per share. The business’s revenue for the quarter was down 1.2% compared to the same quarter last year. As a group, research analysts expect that Altria Group, Inc. will post 5.08 EPS for the current year.

    Altria Group announced that its board has authorized a share repurchase plan on Thursday, February 1st that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the company to purchase up to 1.4% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

    Altria Group Dividend Announcement

    The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Monday, March 25th will be given a $0.98 dividend. The ex-dividend date is Friday, March 22nd. This represents a $3.92 dividend on an annualized basis and a dividend yield of 8.76%. Altria Group’s payout ratio is 85.78%.

    Wall Street Analysts Forecast Growth

    A number of research firms recently commented on MO. StockNews.com cut Altria Group from a “buy” rating to a “hold” rating in a report on Friday, February 23rd. UBS Group reiterated a “sell” rating and set a $36.10 price target on shares of Altria Group in a report on Tuesday, January 23rd. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, Altria Group presently has a consensus rating of “Hold” and a consensus price target of $47.22.

    View Our Latest Stock Analysis on Altria Group

    Altria Group Profile

    (Free Report)

    Altria Group, Inc, through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States. The company offers cigarettes primarily under the Marlboro brand; large cigars and pipe tobacco under the Black & Mild brand; moist smokeless tobacco and snus products under the Copenhagen, Skoal, Red Seal, and Husky brands; oral nicotine pouches under the on! brand; and e-vapor products under the NJOY ACE brand.

    Further Reading

    Want to see what other hedge funds are holding MO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Altria Group, Inc. (NYSE:MO – Free Report).

    Institutional Ownership by Quarter for Altria Group (NYSE:MO)

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  • Mutual of America Capital Management LLC Has $2.19 Million Position in Lancaster Colony Co. (NASDAQ:LANC)

    Mutual of America Capital Management LLC Has $2.19 Million Position in Lancaster Colony Co. (NASDAQ:LANC)

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    Mutual of America Capital Management LLC lessened its stake in shares of Lancaster Colony Co. (NASDAQ:LANC – Free Report) by 8.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,237 shares of the company’s stock after selling 1,188 shares during the period. Mutual of America Capital Management LLC’s holdings in Lancaster Colony were worth $2,185,000 at the end of the most recent reporting period.

    A number of other hedge funds have also recently added to or reduced their stakes in the stock. BlackRock Inc. increased its stake in Lancaster Colony by 6.1% during the 1st quarter. BlackRock Inc. now owns 2,559,086 shares of the company’s stock worth $519,187,000 after acquiring an additional 147,890 shares during the period. State Street Corp increased its stake in Lancaster Colony by 20.2% during the 3rd quarter. State Street Corp now owns 2,443,913 shares of the company’s stock worth $367,271,000 after acquiring an additional 410,104 shares during the period. Vanguard Group Inc. increased its stake in Lancaster Colony by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 2,079,570 shares of the company’s stock worth $312,518,000 after acquiring an additional 14,711 shares during the period. Champlain Investment Partners LLC increased its stake in Lancaster Colony by 9.0% during the 2nd quarter. Champlain Investment Partners LLC now owns 650,093 shares of the company’s stock worth $130,727,000 after acquiring an additional 53,895 shares during the period. Finally, Diamond Hill Capital Management Inc. increased its stake in shares of Lancaster Colony by 10.5% in the 3rd quarter. Diamond Hill Capital Management Inc. now owns 596,321 shares of the company’s stock valued at $98,411,000 after purchasing an additional 56,787 shares during the last quarter. Institutional investors own 60.49% of the company’s stock.

    Analysts Set New Price Targets

    LANC has been the topic of several recent analyst reports. TheStreet upgraded Lancaster Colony from a “c+” rating to a “b-” rating in a research note on Tuesday, November 7th. Jefferies Financial Group initiated coverage on Lancaster Colony in a research note on Monday, November 27th. They issued a “hold” rating and a $166.00 price target on the stock. Stephens lowered Lancaster Colony from an “overweight” rating to an “equal weight” rating and lifted their price target for the company from $205.00 to $218.00 in a research note on Friday, February 2nd. Finally, DA Davidson initiated coverage on Lancaster Colony in a report on Friday, December 8th. They set a “neutral” rating and a $185.00 price objective on the stock. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $198.75.

    View Our Latest Stock Analysis on LANC

    Lancaster Colony Stock Up 0.4 %

    NASDAQ LANC opened at $192.89 on Friday. Lancaster Colony Co. has a twelve month low of $158.88 and a twelve month high of $220.65. The company has a market cap of $5.31 billion, a price-to-earnings ratio of 41.22 and a beta of 0.32. The business’s fifty day moving average is $175.45 and its 200 day moving average is $172.47.

    Lancaster Colony Dividend Announcement

    The business also recently announced a quarterly dividend, which will be paid on Friday, March 29th. Shareholders of record on Thursday, March 7th will be issued a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a yield of 1.87%. The ex-dividend date is Wednesday, March 6th. Lancaster Colony’s payout ratio is presently 76.92%.

    About Lancaster Colony

    (Free Report)

    Lancaster Colony Corporation engages in the manufacturing and marketing of specialty food products for the retail and foodservice channels in the United States. It operates in two segments, Retail and Foodservice. The company offers frozen garlic bread under the New York BRAND Bakery; frozen Parkerhouse style yeast and dinner rolls under the Sister Schubert’s brand; salad dressings under the Marzetti, Simply Dressed, Cardini’s, and Girard’s brands; vegetable and fruit dips under the Marzetti brand; croutons and salad toppings under the New York BRAND Bakery, Chatham Village, and Marzetti brands; and frozen pasta under the Marzetti Frozen Pasta brand.

    Featured Stories

    Want to see what other hedge funds are holding LANC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lancaster Colony Co. (NASDAQ:LANC – Free Report).

    Institutional Ownership by Quarter for Lancaster Colony (NASDAQ:LANC)

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  • Archer-Daniels-Midland (NYSE:ADM) Price Target Cut to $66.00 by Analysts at BMO Capital Markets

    Archer-Daniels-Midland (NYSE:ADM) Price Target Cut to $66.00 by Analysts at BMO Capital Markets

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    Archer-Daniels-Midland (NYSE:ADM – Get Free Report) had its target price decreased by equities research analysts at BMO Capital Markets from $80.00 to $66.00 in a report issued on Monday, Benzinga reports. The firm currently has a “market perform” rating on the stock. BMO Capital Markets’ target price suggests a potential downside of 3.21% from the company’s current price.

    Several other brokerages have also weighed in on ADM. Stephens decreased their price objective on Archer-Daniels-Midland from $80.00 to $75.00 and set an “equal weight” rating for the company in a report on Wednesday, October 25th. UBS Group cut their price objective on shares of Archer-Daniels-Midland from $115.00 to $104.00 and set a “buy” rating for the company in a report on Wednesday, December 20th. The Goldman Sachs Group lowered Archer-Daniels-Midland from a “buy” rating to a “neutral” rating and cut their price target for the stock from $90.00 to $67.00 in a report on Monday. Morgan Stanley dropped their price objective on Archer-Daniels-Midland from $87.00 to $76.00 and set an “equal weight” rating on the stock in a report on Monday, October 30th. Finally, JPMorgan Chase & Co. decreased their price target on Archer-Daniels-Midland from $77.00 to $75.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 25th. Six equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, Archer-Daniels-Midland currently has a consensus rating of “Hold” and a consensus price target of $80.60.

    Get Our Latest Report on ADM

    Archer-Daniels-Midland Trading Down 0.8 %

    NYSE ADM opened at $68.19 on Monday. The stock has a market capitalization of $36.37 billion, a price-to-earnings ratio of 9.50 and a beta of 0.78. The business’s fifty day moving average is $72.61 and its 200-day moving average is $76.35. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.69 and a quick ratio of 1.07. Archer-Daniels-Midland has a one year low of $68.00 and a one year high of $87.30.

    Archer-Daniels-Midland (NYSE:ADM – Get Free Report) last released its earnings results on Tuesday, October 24th. The company reported $1.63 earnings per share for the quarter, beating analysts’ consensus estimates of $1.53 by $0.10. The firm had revenue of $21.70 billion for the quarter, compared to analysts’ expectations of $23.69 billion. Archer-Daniels-Midland had a net margin of 4.05% and a return on equity of 16.63%. The company’s quarterly revenue was down 12.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.86 earnings per share. Equities research analysts predict that Archer-Daniels-Midland will post 7.25 EPS for the current year.

    Institutional Trading of Archer-Daniels-Midland

    Hedge funds have recently modified their holdings of the business. PCA Investment Advisory Services Inc. purchased a new position in Archer-Daniels-Midland during the 2nd quarter valued at about $25,000. Orion Capital Management LLC bought a new position in shares of Archer-Daniels-Midland during the third quarter valued at approximately $28,000. Tompkins Financial Corp bought a new stake in shares of Archer-Daniels-Midland in the 3rd quarter worth approximately $28,000. Legacy Financial Group LLC purchased a new stake in shares of Archer-Daniels-Midland in the 3rd quarter worth approximately $30,000. Finally, Operose Advisors LLC bought a new position in Archer-Daniels-Midland during the 3rd quarter valued at approximately $30,000. Institutional investors own 77.73% of the company’s stock.

    About Archer-Daniels-Midland

    (Get Free Report)

    Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities, products, and ingredients in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally. The company operates in three segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition.

    See Also

    Analyst Recommendations for Archer-Daniels-Midland (NYSE:ADM)

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  • General Mills, Inc. (NYSE:GIS) Shares Sold by CX Institutional

    General Mills, Inc. (NYSE:GIS) Shares Sold by CX Institutional

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    CX Institutional reduced its holdings in General Mills, Inc. (NYSE:GIS – Free Report) by 12.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,469 shares of the company’s stock after selling 475 shares during the quarter. CX Institutional’s holdings in General Mills were worth $222,000 at the end of the most recent quarter.

    Several other hedge funds have also modified their holdings of the business. Koshinski Asset Management Inc. lifted its holdings in shares of General Mills by 17.2% in the 3rd quarter. Koshinski Asset Management Inc. now owns 3,209 shares of the company’s stock valued at $205,000 after buying an additional 470 shares during the period. Caprock Group LLC lifted its holdings in shares of General Mills by 25.3% in the 3rd quarter. Caprock Group LLC now owns 21,102 shares of the company’s stock valued at $1,350,000 after buying an additional 4,259 shares during the period. Washington Trust Advisors Inc. lifted its holdings in shares of General Mills by 156.3% in the 3rd quarter. Washington Trust Advisors Inc. now owns 820 shares of the company’s stock valued at $52,000 after buying an additional 500 shares during the period. Wagner Wealth Management LLC lifted its holdings in shares of General Mills by 26.0% in the 3rd quarter. Wagner Wealth Management LLC now owns 4,435 shares of the company’s stock valued at $284,000 after buying an additional 916 shares during the period. Finally, CreativeOne Wealth LLC raised its holdings in General Mills by 18.9% during the third quarter. CreativeOne Wealth LLC now owns 9,676 shares of the company’s stock worth $619,000 after purchasing an additional 1,541 shares during the last quarter. 75.31% of the stock is owned by institutional investors and hedge funds.

    General Mills Trading Up 0.3 %

    NYSE GIS opened at $65.14 on Friday. General Mills, Inc. has a 1-year low of $60.33 and a 1-year high of $90.89. The company has a current ratio of 0.64, a quick ratio of 0.36 and a debt-to-equity ratio of 1.09. The company has a market capitalization of $36.99 billion, a PE ratio of 15.85, a price-to-earnings-growth ratio of 2.27 and a beta of 0.25. The firm’s fifty day simple moving average is $65.05 and its 200-day simple moving average is $68.75.

    General Mills (NYSE:GIS – Get Free Report) last posted its quarterly earnings results on Wednesday, December 20th. The company reported $1.25 earnings per share for the quarter, topping analysts’ consensus estimates of $1.16 by $0.09. The business had revenue of $5.10 billion for the quarter, compared to the consensus estimate of $5.35 billion. General Mills had a net margin of 12.06% and a return on equity of 25.44%. General Mills’s revenue for the quarter was down 2.3% compared to the same quarter last year. During the same period in the prior year, the business posted $1.10 earnings per share. As a group, sell-side analysts anticipate that General Mills, Inc. will post 4.49 earnings per share for the current fiscal year.

    General Mills Announces Dividend

    The company also recently declared a quarterly dividend, which will be paid on Thursday, February 1st. Shareholders of record on Wednesday, January 10th will be issued a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 3.62%. The ex-dividend date of this dividend is Tuesday, January 9th. General Mills’s dividend payout ratio (DPR) is 57.42%.

    Wall Street Analysts Forecast Growth

    Several equities analysts recently issued reports on the company. Stifel Nicolaus reduced their price objective on General Mills from $72.00 to $68.00 and set a “buy” rating for the company in a report on Thursday, December 21st. Bank of America reduced their price objective on General Mills from $72.00 to $68.00 and set a “neutral” rating for the company in a report on Thursday, December 21st. JPMorgan Chase & Co. reduced their price objective on General Mills from $71.00 to $69.00 and set a “neutral” rating for the company in a report on Monday, September 18th. TD Cowen assumed coverage on General Mills in a report on Wednesday, September 13th. They set a “market perform” rating and a $70.00 price objective for the company. Finally, StockNews.com assumed coverage on General Mills in a report on Thursday, October 5th. They set a “hold” rating for the company. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $73.00.

    Check Out Our Latest Stock Analysis on GIS

    About General Mills

    (Free Report)

    General Mills, Inc manufactures and markets branded consumer foods worldwide. The company operates through four segments: North America Retail; International; Pet; and North America Foodservice. It offers grain, ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, bakery flour, frozen pizza and pizza snacks, snack bars, fruit and salty snacks, ice cream and frozen desserts, nutrition bars, and savory snacks, as well as various organic products, including frozen and shelf-stable vegetables.

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    Institutional Ownership by Quarter for General Mills (NYSE:GIS)

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  • Allspring Global Investments Holdings LLC Raises Holdings in Vital Farms, Inc. (NASDAQ:VITL)

    Allspring Global Investments Holdings LLC Raises Holdings in Vital Farms, Inc. (NASDAQ:VITL)

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    Allspring Global Investments Holdings LLC raised its holdings in shares of Vital Farms, Inc. (NASDAQ:VITL – Free Report) by 1.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 151,460 shares of the company’s stock after purchasing an additional 2,431 shares during the period. Allspring Global Investments Holdings LLC owned approximately 0.37% of Vital Farms worth $1,816,000 at the end of the most recent quarter.

    Other institutional investors have also added to or reduced their stakes in the company. Lazard Asset Management LLC purchased a new stake in Vital Farms during the 4th quarter valued at $52,000. Legal & General Group Plc boosted its stake in Vital Farms by 22.3% during the 2nd quarter. Legal & General Group Plc now owns 7,842 shares of the company’s stock valued at $69,000 after purchasing an additional 1,432 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in Vital Farms during the 1st quarter valued at $93,000. State of Wyoming purchased a new stake in Vital Farms during the 4th quarter valued at $97,000. Finally, American International Group Inc. boosted its stake in Vital Farms by 14.6% during the 2nd quarter. American International Group Inc. now owns 13,981 shares of the company’s stock valued at $122,000 after purchasing an additional 1,784 shares during the last quarter. 64.21% of the stock is currently owned by hedge funds and other institutional investors.

    Vital Farms Price Performance

    Shares of Vital Farms stock opened at $11.12 on Tuesday. Vital Farms, Inc. has a one year low of $10.00 and a one year high of $18.18. The stock’s fifty day moving average is $11.61 and its 200 day moving average is $12.78. The stock has a market cap of $458.59 million, a P/E ratio of 30.05 and a beta of 0.56. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.51 and a current ratio of 3.32.

    Vital Farms (NASDAQ:VITL – Get Free Report) last announced its earnings results on Thursday, August 3rd. The company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.09. Vital Farms had a return on equity of 10.01% and a net margin of 3.84%. The company had revenue of $106.45 million for the quarter, compared to analysts’ expectations of $104.89 million. Sell-side analysts anticipate that Vital Farms, Inc. will post 0.42 earnings per share for the current year.

    Wall Street Analyst Weigh In

    Several analysts have commented on the company. Needham & Company LLC reiterated a “hold” rating on shares of Vital Farms in a research note on Thursday, September 21st. TheStreet upgraded Vital Farms from a “d” rating to a “c” rating in a research note on Friday, August 4th. Finally, TD Cowen raised their price target on Vital Farms from $13.00 to $14.00 and gave the stock a “market perform” rating in a research note on Friday, September 22nd. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, Vital Farms presently has a consensus rating of “Hold” and a consensus price target of $17.83.

    Check Out Our Latest Stock Report on Vital Farms

    Insider Buying and Selling

    In related news, CEO Russell Diez-Canseco sold 26,720 shares of the firm’s stock in a transaction on Thursday, September 7th. The stock was sold at an average price of $11.34, for a total value of $303,004.80. Following the transaction, the chief executive officer now directly owns 192,294 shares of the company’s stock, valued at approximately $2,180,613.96. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Vital Farms news, CEO Russell Diez-Canseco sold 26,720 shares of the firm’s stock in a transaction dated Thursday, September 7th. The stock was sold at an average price of $11.34, for a total transaction of $303,004.80. Following the sale, the chief executive officer now directly owns 192,294 shares of the company’s stock, valued at $2,180,613.96. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Chairman Matthew Ohayer sold 12,000 shares of the firm’s stock in a transaction dated Wednesday, September 6th. The shares were sold at an average price of $11.42, for a total value of $137,040.00. Following the sale, the chairman now directly owns 7,746,777 shares in the company, valued at $88,468,193.34. The disclosure for this sale can be found here. 30.20% of the stock is owned by insiders.

    Vital Farms Profile

    (Free Report)

    Vital Farms, Inc, a food company, provides pasture-raised products in the United States. It offers shell eggs, butter, hard-boiled eggs, ghee, and liquid whole eggs. The company was founded in 2007 and is headquartered in Austin, Texas.

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    Want to see what other hedge funds are holding VITL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vital Farms, Inc. (NASDAQ:VITL – Free Report).

    Institutional Ownership by Quarter for Vital Farms (NASDAQ:VITL)

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  • Clorox (NYSE:CLX) Price Target Cut to $135.00 by Analysts at Wells Fargo & Company

    Clorox (NYSE:CLX) Price Target Cut to $135.00 by Analysts at Wells Fargo & Company

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    Clorox (NYSE:CLX – Get Free Report) had its price objective dropped by analysts at Wells Fargo & Company from $140.00 to $135.00 in a report released on Thursday, FlyOnTheWall reports. Wells Fargo & Company‘s price target would indicate a potential upside of 8.01% from the stock’s current price.

    Other equities analysts also recently issued research reports about the stock. Barclays upped their price objective on shares of Clorox from $117.00 to $127.00 and gave the stock an “underweight” rating in a research report on Friday, August 4th. Raymond James downgraded shares of Clorox from an “outperform” rating to a “market perform” rating in a report on Thursday. HSBC assumed coverage on shares of Clorox in a report on Friday, September 22nd. They issued a “hold” rating and a $146.00 price target for the company. StockNews.com downgraded shares of Clorox from a “buy” rating to a “hold” rating in a report on Tuesday, September 19th. Finally, DA Davidson upgraded shares of Clorox from a “neutral” rating to a “buy” rating and set a $152.00 price target for the company in a report on Monday, October 2nd. Seven investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, Clorox has an average rating of “Hold” and an average target price of $142.67.

    View Our Latest Stock Analysis on CLX

    Clorox Trading Up 0.0 %

    Shares of Clorox stock opened at $124.99 on Thursday. The stock has a market cap of $15.48 billion, a price-to-earnings ratio of 105.03, a PEG ratio of 1.91 and a beta of 0.33. The company has a fifty day simple moving average of $148.37 and a 200-day simple moving average of $155.63. The company has a current ratio of 0.95, a quick ratio of 0.59 and a debt-to-equity ratio of 6.38. Clorox has a 12-month low of $119.56 and a 12-month high of $178.21.

    Clorox (NYSE:CLX – Get Free Report) last issued its quarterly earnings results on Wednesday, August 2nd. The company reported $1.67 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.48. The firm had revenue of $2.02 billion during the quarter, compared to analysts’ expectations of $1.88 billion. Clorox had a net margin of 2.02% and a return on equity of 163.56%. Clorox’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.93 EPS. On average, equities analysts forecast that Clorox will post 5.86 EPS for the current fiscal year.

    Insider Buying and Selling

    In related news, CFO Kevin B. Jacobsen sold 3,346 shares of the firm’s stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of $160.82, for a total value of $538,103.72. Following the sale, the chief financial officer now directly owns 23,224 shares of the company’s stock, valued at $3,734,883.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.41% of the company’s stock.

    Institutional Inflows and Outflows

    Several hedge funds have recently bought and sold shares of CLX. Tyler Stone Wealth Management purchased a new stake in shares of Clorox during the second quarter valued at approximately $25,000. Dark Forest Capital Management LP purchased a new stake in shares of Clorox during the fourth quarter valued at approximately $28,000. OLD Mission Capital LLC purchased a new stake in shares of Clorox during the fourth quarter valued at approximately $29,000. Bogart Wealth LLC increased its stake in shares of Clorox by 105.6% in the second quarter. Bogart Wealth LLC now owns 185 shares of the company’s stock worth $29,000 after buying an additional 95 shares during the last quarter. Finally, Ten Capital Wealth Advisors LLC increased its stake in shares of Clorox by 429.7% in the first quarter. Ten Capital Wealth Advisors LLC now owns 196 shares of the company’s stock worth $31,000 after buying an additional 159 shares during the last quarter. Hedge funds and other institutional investors own 77.98% of the company’s stock.

    Clorox Company Profile

    (Get Free Report)

    The Clorox Company manufactures and markets consumer and professional products worldwide. It operates through four segments: Health and Wellness, Household, Lifestyle, and International. The Health and Wellness segment offers cleaning products, such as laundry additives and home care products primarily under the Clorox, Clorox2, Scentiva, Pine-Sol, Liquid-Plumr, Tilex, and Formula 409 brands; professional cleaning and disinfecting products under the CloroxPro and Clorox Healthcare brands; professional food service products under the Hidden Valley brand; and vitamins, minerals and supplement products under the RenewLife, Natural Vitality, NeoCell, and Rainbow Light brands in the United States.

    Read More

    Analyst Recommendations for Clorox (NYSE:CLX)

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  • First Citizens Bank & Trust Co. Makes New Investment in Altria Group, Inc. (NYSE:MO)

    First Citizens Bank & Trust Co. Makes New Investment in Altria Group, Inc. (NYSE:MO)

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    First Citizens Bank & Trust Co. bought a new position in shares of Altria Group, Inc. (NYSE:MO – Free Report) in the 1st quarter, HoldingsChannel.com reports. The fund bought 4,889 shares of the company’s stock, valued at approximately $218,000.

    Several other institutional investors have also recently bought and sold shares of MO. Sei Investments Co. raised its stake in Altria Group by 1.6% during the first quarter. Sei Investments Co. now owns 404,894 shares of the company’s stock worth $21,248,000 after acquiring an additional 6,324 shares in the last quarter. Sequoia Financial Advisors LLC increased its stake in shares of Altria Group by 5.2% in the first quarter. Sequoia Financial Advisors LLC now owns 18,647 shares of the company’s stock valued at $974,000 after buying an additional 929 shares during the period. Loomis Sayles & Co. L P acquired a new position in shares of Altria Group in the first quarter valued at approximately $25,000. Mackenzie Financial Corp increased its stake in shares of Altria Group by 3.4% in the first quarter. Mackenzie Financial Corp now owns 2,711,773 shares of the company’s stock valued at $141,690,000 after buying an additional 89,334 shares during the period. Finally, First Western Trust Bank acquired a new position in shares of Altria Group in the first quarter valued at approximately $498,000. Institutional investors and hedge funds own 58.38% of the company’s stock.

    Wall Street Analyst Weigh In

    MO has been the subject of several recent research reports. StockNews.com initiated coverage on Altria Group in a research note on Thursday, August 17th. They issued a “buy” rating for the company. Jefferies Financial Group lowered their price objective on Altria Group from $56.00 to $55.00 and set a “buy” rating for the company in a research note on Tuesday, August 22nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, Altria Group has an average rating of “Hold” and an average price target of $47.50.

    Read Our Latest Stock Report on Altria Group

    Altria Group Price Performance

    Shares of MO stock opened at $43.67 on Friday. The business’s 50 day simple moving average is $44.57 and its 200 day simple moving average is $45.37. Altria Group, Inc. has a one year low of $40.35 and a one year high of $51.57. The stock has a market capitalization of $77.50 billion, a PE ratio of 11.46, a PEG ratio of 2.33 and a beta of 0.59.

    Altria Group (NYSE:MO – Get Free Report) last announced its earnings results on Tuesday, August 1st. The company reported $1.31 EPS for the quarter, meeting the consensus estimate of $1.31. Altria Group had a negative return on equity of 225.61% and a net margin of 27.40%. The business had revenue of $5.44 billion for the quarter, compared to analysts’ expectations of $5.43 billion. During the same period in the prior year, the business posted $1.26 earnings per share. The firm’s revenue was up 1.2% on a year-over-year basis. As a group, research analysts expect that Altria Group, Inc. will post 5 earnings per share for the current year.

    Altria Group Increases Dividend

    The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 10th. Investors of record on Friday, September 15th will be issued a $0.98 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This is a boost from Altria Group’s previous quarterly dividend of $0.94. This represents a $3.92 annualized dividend and a yield of 8.98%. Altria Group’s dividend payout ratio is presently 98.69%.

    Altria Group Profile

    (Free Report)

    Altria Group, Inc, through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States. The company provides cigarettes primarily under the Marlboro brand; cigars and pipe tobacco principally under the Black & Mild brand; moist smokeless tobacco products and snus products under the Copenhagen, Skoal, Red Seal, and Husky brands; and on! oral nicotine pouches.

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    Institutional Ownership by Quarter for Altria Group (NYSE:MO)

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  • The Estée Lauder Companies Inc. Declares Quarterly Dividend of $0.66 (NYSE:EL)

    The Estée Lauder Companies Inc. Declares Quarterly Dividend of $0.66 (NYSE:EL)

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    The Estée Lauder Companies Inc. (NYSE:EL – Get Free Report) announced a quarterly dividend on Friday, August 18th, RTT News reports. Stockholders of record on Thursday, August 31st will be given a dividend of 0.66 per share on Friday, September 15th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date of this dividend is Wednesday, August 30th.

    Estée Lauder Companies has increased its dividend by an average of 11.6% annually over the last three years and has increased its dividend every year for the last 3 years. Estée Lauder Companies has a dividend payout ratio of 54.3% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Estée Lauder Companies to earn $6.33 per share next year, which means the company should continue to be able to cover its $2.64 annual dividend with an expected future payout ratio of 41.7%.

    Estée Lauder Companies Trading Down 3.3 %

    NYSE EL opened at $156.69 on Friday. Estée Lauder Companies has a 1-year low of $149.45 and a 1-year high of $283.62. The company has a current ratio of 1.46, a quick ratio of 1.06 and a debt-to-equity ratio of 0.87. The stock has a 50-day moving average of $184.07 and a 200-day moving average of $215.04. The firm has a market cap of $56.00 billion, a PE ratio of 56.36, a price-to-earnings-growth ratio of 4.72 and a beta of 1.02.

    Estée Lauder Companies (NYSE:EL – Get Free Report) last announced its quarterly earnings results on Friday, August 18th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.11. Estée Lauder Companies had a return on equity of 23.99% and a net margin of 6.88%. The company had revenue of $3.61 billion for the quarter, compared to the consensus estimate of $3.48 billion. During the same quarter in the previous year, the business earned $0.42 EPS. Estée Lauder Companies’s revenue was up 1.3% compared to the same quarter last year. As a group, sell-side analysts forecast that Estée Lauder Companies will post 3.63 EPS for the current year.

    Wall Street Analyst Weigh In

    A number of brokerages recently issued reports on EL. Raymond James reduced their price target on Estée Lauder Companies from $240.00 to $220.00 and set a “strong-buy” rating on the stock in a report on Monday, July 24th. Stifel Nicolaus reduced their price target on Estée Lauder Companies from $265.00 to $225.00 and set a “buy” rating on the stock in a report on Wednesday. Wells Fargo & Company reduced their price target on Estée Lauder Companies from $290.00 to $225.00 in a report on Thursday, May 4th. Deutsche Bank Aktiengesellschaft reduced their target price on Estée Lauder Companies from $207.00 to $206.00 and set a “buy” rating on the stock in a report on Tuesday, August 8th. Finally, Royal Bank of Canada reduced their target price on Estée Lauder Companies from $265.00 to $195.00 and set an “outperform” rating on the stock in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Estée Lauder Companies presently has a consensus rating of “Moderate Buy” and a consensus price target of $231.96.

    Check Out Our Latest Research Report on Estée Lauder Companies

    Hedge Funds Weigh In On Estée Lauder Companies

    Several hedge funds and other institutional investors have recently added to or reduced their stakes in EL. Norges Bank bought a new position in Estée Lauder Companies in the 4th quarter valued at approximately $858,070,000. Morgan Stanley lifted its position in Estée Lauder Companies by 20.0% in the 4th quarter. Morgan Stanley now owns 7,009,269 shares of the company’s stock valued at $1,739,070,000 after acquiring an additional 1,167,553 shares in the last quarter. Lazard Asset Management LLC lifted its position in Estée Lauder Companies by 74.4% in the 4th quarter. Lazard Asset Management LLC now owns 2,026,676 shares of the company’s stock valued at $502,837,000 after acquiring an additional 864,628 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its position in Estée Lauder Companies by 28.2% in the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 2,496,280 shares of the company’s stock valued at $619,352,000 after acquiring an additional 549,744 shares in the last quarter. Finally, Capital World Investors lifted its holdings in shares of Estée Lauder Companies by 80.2% during the 1st quarter. Capital World Investors now owns 751,713 shares of the company’s stock valued at $204,706,000 after buying an additional 334,577 shares during the period. 57.81% of the stock is owned by institutional investors.

    About Estée Lauder Companies

    (Get Free Report)

    The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers a range of skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, cleansing devices, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as compacts, brushes, and other makeup tools.

    Read More

    Dividend History for Estée Lauder Companies (NYSE:EL)

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  • Achmea Investment Management B.V. Raises Stock Position in The Procter & Gamble Company (NYSE:PG)

    Achmea Investment Management B.V. Raises Stock Position in The Procter & Gamble Company (NYSE:PG)

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    Achmea Investment Management B.V. raised its stake in shares of The Procter & Gamble Company (NYSE:PG – Free Report) by 10.6% during the first quarter, Holdings Channel reports. The firm owned 183,198 shares of the company’s stock after buying an additional 17,613 shares during the quarter. Procter & Gamble makes up approximately 0.8% of Achmea Investment Management B.V.’s portfolio, making the stock its 22nd biggest position. Achmea Investment Management B.V.’s holdings in Procter & Gamble were worth $27,239,000 at the end of the most recent reporting period.

    A number of other hedge funds have also added to or reduced their stakes in the stock. Tevis Investment Management lifted its stake in shares of Procter & Gamble by 0.5% during the 1st quarter. Tevis Investment Management now owns 12,260 shares of the company’s stock worth $1,823,000 after acquiring an additional 64 shares during the last quarter. Eagle Strategies LLC boosted its position in shares of Procter & Gamble by 1.9% in the 1st quarter. Eagle Strategies LLC now owns 3,526 shares of the company’s stock worth $524,000 after purchasing an additional 65 shares in the last quarter. WealthTrust Asset Management LLC lifted its position in Procter & Gamble by 3.4% during the 1st quarter. WealthTrust Asset Management LLC now owns 1,990 shares of the company’s stock worth $296,000 after acquiring an additional 65 shares during the period. Keystone Wealth Services LLC lifted its position in Procter & Gamble by 2.7% during the 1st quarter. Keystone Wealth Services LLC now owns 2,562 shares of the company’s stock worth $381,000 after acquiring an additional 67 shares during the period. Finally, Steigerwald Gordon & Koch Inc. lifted its position in Procter & Gamble by 0.7% during the 1st quarter. Steigerwald Gordon & Koch Inc. now owns 9,953 shares of the company’s stock worth $1,480,000 after acquiring an additional 67 shares during the period. 64.65% of the stock is owned by hedge funds and other institutional investors.

    Analyst Ratings Changes

    PG has been the subject of several analyst reports. Wells Fargo & Company boosted their price objective on Procter & Gamble from $165.00 to $170.00 and gave the company an “overweight” rating in a report on Monday. Truist Financial cut Procter & Gamble from a “buy” rating to a “hold” rating and decreased their price objective for the company from $165.00 to $155.00 in a report on Thursday, May 18th. Raymond James boosted their price objective on Procter & Gamble from $170.00 to $175.00 and gave the company an “outperform” rating in a report on Sunday, April 23rd. StockNews.com upgraded Procter & Gamble from a “hold” rating to a “buy” rating in a research note on Tuesday, July 25th. Finally, JPMorgan Chase & Co. lifted their price target on Procter & Gamble from $164.00 to $172.00 in a research note on Friday. Five analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $163.81.

    Procter & Gamble Price Performance

    NYSE:PG opened at $156.32 on Monday. The firm has a market cap of $368.44 billion, a P/E ratio of 26.51, a price-to-earnings-growth ratio of 4.02 and a beta of 0.42. The stock has a 50 day moving average of $148.77 and a two-hundred day moving average of $147.24. The Procter & Gamble Company has a 12 month low of $122.18 and a 12 month high of $158.11. The company has a current ratio of 0.63, a quick ratio of 0.44 and a debt-to-equity ratio of 0.52.

    Procter & Gamble (NYSE:PG – Get Free Report) last issued its earnings results on Friday, July 28th. The company reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.05. The business had revenue of $20.60 billion for the quarter, compared to analysts’ expectations of $20.01 billion. Procter & Gamble had a return on equity of 32.73% and a net margin of 17.87%. The business’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.21 EPS. On average, analysts expect that The Procter & Gamble Company will post 6.33 earnings per share for the current fiscal year.

    Procter & Gamble Announces Dividend

    The business also recently announced a quarterly dividend, which will be paid on Tuesday, August 15th. Stockholders of record on Friday, July 21st will be issued a dividend of $0.9407 per share. This represents a $3.76 annualized dividend and a dividend yield of 2.41%. The ex-dividend date of this dividend is Thursday, July 20th. Procter & Gamble’s dividend payout ratio is currently 63.73%.

    Procter & Gamble Company Profile

    (Free Report)

    The Procter & Gamble Company provides branded consumer packaged goods worldwide. It operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments under the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands; and antiperspirants and deodorants, personal cleansing, and skin care products under the Olay, Old Spice, Safeguard, Secret, and SK-II brands.

    Further Reading

    Want to see what other hedge funds are holding PG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Procter & Gamble Company (NYSE:PG – Free Report).

    Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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  • Celsius (NASDAQ:CELH) Now Covered by Stephens

    Celsius (NASDAQ:CELH) Now Covered by Stephens

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    Equities research analysts at Stephens assumed coverage on shares of Celsius (NASDAQ:CELH – Get Rating) in a research note issued to investors on Thursday, The Fly reports. The brokerage set an “overweight” rating and a $180.00 price target on the stock. Stephens’ price objective would suggest a potential upside of 19.92% from the company’s previous close.

    A number of other analysts have also recently commented on the company. Stifel Nicolaus upped their price target on Celsius from $129.00 to $155.00 in a research note on Wednesday, June 7th. Maxim Group boosted their price target on shares of Celsius from $130.00 to $140.00 and gave the company a “buy” rating in a report on Wednesday, May 10th. Credit Suisse Group reaffirmed an “outperform” rating and set a $120.00 price objective on shares of Celsius in a research note on Monday, March 6th. Piper Sandler boosted their target price on Celsius from $130.00 to $165.00 in a research note on Monday, June 5th. Finally, Wedbush lifted their price objective on Celsius from $130.00 to $155.00 in a report on Thursday. Eight research analysts have rated the stock with a buy rating, According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of $150.20.

    Celsius Trading Up 1.5 %

    Shares of NASDAQ:CELH opened at $150.10 on Thursday. Celsius has a 1-year low of $61.62 and a 1-year high of $153.46. The stock has a market capitalization of $11.41 billion, a P/E ratio of -64.98 and a beta of 1.81. The business has a 50-day moving average price of $122.59 and a two-hundred day moving average price of $105.97.

    Celsius (NASDAQ:CELH – Get Rating) last announced its quarterly earnings data on Tuesday, May 9th. The company reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.18. The firm had revenue of $259.94 million for the quarter, compared to analysts’ expectations of $219.58 million. Celsius had a negative net margin of 19.58% and a positive return on equity of 9.01%. The business’s revenue for the quarter was up 94.9% on a year-over-year basis. During the same period last year, the firm earned $0.09 earnings per share. As a group, equities analysts predict that Celsius will post 1.43 EPS for the current year.

    Insider Transactions at Celsius

    In related news, Director Caroline S. Levy sold 2,200 shares of the firm’s stock in a transaction on Thursday, May 18th. The shares were sold at an average price of $134.51, for a total value of $295,922.00. Following the completion of the transaction, the director now owns 17,605 shares of the company’s stock, valued at $2,368,048.55. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, major shareholder Hoi Shuen Solina Holly Chau sold 350,976 shares of the stock in a transaction that occurred on Wednesday, June 14th. The stock was sold at an average price of $142.46, for a total value of $50,000,040.96. Following the completion of the sale, the insider now owns 7,980,323 shares of the company’s stock, valued at approximately $1,136,876,814.58. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Caroline S. Levy sold 2,200 shares of the business’s stock in a transaction on Thursday, May 18th. The stock was sold at an average price of $134.51, for a total transaction of $295,922.00. Following the transaction, the director now owns 17,605 shares in the company, valued at $2,368,048.55. The disclosure for this sale can be found here. Insiders have sold a total of 888,109 shares of company stock valued at $102,736,557 over the last 90 days. 2.70% of the stock is owned by corporate insiders.

    Institutional Inflows and Outflows

    A number of hedge funds and other institutional investors have recently modified their holdings of CELH. ProShare Advisors LLC grew its holdings in Celsius by 16.0% during the fourth quarter. ProShare Advisors LLC now owns 9,722 shares of the company’s stock worth $1,011,000 after purchasing an additional 1,341 shares during the period. Atria Wealth Solutions Inc. raised its stake in Celsius by 5.6% in the 4th quarter. Atria Wealth Solutions Inc. now owns 6,240 shares of the company’s stock valued at $649,000 after acquiring an additional 332 shares during the period. SG Americas Securities LLC lifted its holdings in Celsius by 173.4% during the 4th quarter. SG Americas Securities LLC now owns 12,506 shares of the company’s stock valued at $1,301,000 after purchasing an additional 7,932 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S boosted its position in Celsius by 81.9% during the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 984 shares of the company’s stock worth $102,000 after purchasing an additional 443 shares during the period. Finally, Nisa Investment Advisors LLC increased its holdings in shares of Celsius by 22.3% in the fourth quarter. Nisa Investment Advisors LLC now owns 27,502 shares of the company’s stock valued at $2,861,000 after purchasing an additional 5,015 shares during the last quarter. Institutional investors own 58.86% of the company’s stock.

    Celsius Company Profile

    (Get Rating)

    Celsius Holdings, Inc develops, processes, markets, distributes, and sells functional drinks and liquid supplements in the United States and internationally. The company offers various carbonated and non-carbonated functional energy drinks under the CELSIUS Originals name; dietary supplement in carbonated flavors, including apple jack’d, orangesicle, inferno punch, cherry lime, blueberry pomegranate, strawberry dragon fruit, tangerine grapefruit, and jackfruit under the CELSIUS HEAT name; and branched-chain amino acids functional energy drink that fuels muscle recovery under the CELSIUS BCCA+ENERGY name.

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    Analyst Recommendations for Celsius (NASDAQ:CELH)

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  • Meritage Portfolio Management Decreases Stake in Altria Group, Inc. (NYSE:MO)

    Meritage Portfolio Management Decreases Stake in Altria Group, Inc. (NYSE:MO)

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    Meritage Portfolio Management cut its holdings in shares of Altria Group, Inc. (NYSE:MO – Get Rating) by 82.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,858 shares of the company’s stock after selling 51,867 shares during the quarter. Meritage Portfolio Management’s holdings in Altria Group were worth $496,000 as of its most recent filing with the Securities & Exchange Commission.

    A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Bourgeon Capital Management LLC grew its stake in Altria Group by 85.6% in the 4th quarter. Bourgeon Capital Management LLC now owns 542 shares of the company’s stock valued at $25,000 after buying an additional 250 shares in the last quarter. Loomis Sayles & Co. L P purchased a new position in shares of Altria Group in the first quarter valued at $25,000. Winch Advisory Services LLC raised its stake in shares of Altria Group by 118.8% during the 4th quarter. Winch Advisory Services LLC now owns 805 shares of the company’s stock valued at $37,000 after purchasing an additional 437 shares during the period. MV Capital Management Inc. lifted its holdings in Altria Group by 39.1% during the 4th quarter. MV Capital Management Inc. now owns 886 shares of the company’s stock worth $40,000 after purchasing an additional 249 shares in the last quarter. Finally, 1832 Asset Management L.P. bought a new position in Altria Group in the 1st quarter worth about $41,000. Institutional investors own 58.68% of the company’s stock.

    Analysts Set New Price Targets

    A number of brokerages have recently issued reports on MO. Stifel Nicolaus initiated coverage on shares of Altria Group in a report on Thursday, April 13th. They issued a “buy” rating and a $52.00 price target on the stock. Citigroup decreased their target price on Altria Group from $49.50 to $47.00 and set a “neutral” rating on the stock in a research note on Monday. StockNews.com began coverage on Altria Group in a research report on Thursday, March 16th. They set a “buy” rating for the company. Finally, Morgan Stanley upped their price objective on shares of Altria Group from $43.00 to $46.00 and gave the stock an “equal weight” rating in a research report on Monday, January 23rd. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $45.50.

    Altria Group Price Performance

    Shares of NYSE MO opened at $46.14 on Wednesday. The stock has a market capitalization of $82.41 billion, a P/E ratio of 14.46, a PEG ratio of 2.23 and a beta of 0.59. Altria Group, Inc. has a one year low of $40.35 and a one year high of $57.05. The firm’s 50 day simple moving average is $46.00 and its two-hundred day simple moving average is $45.55.

    Altria Group (NYSE:MO – Get Rating) last announced its quarterly earnings data on Wednesday, February 1st. The company reported $1.18 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.18. Altria Group had a negative return on equity of 284.29% and a net margin of 22.97%. The firm had revenue of $5.08 billion for the quarter, compared to analysts’ expectations of $5.15 billion. During the same period last year, the firm earned $1.09 earnings per share. The company’s revenue for the quarter was down 18.7% compared to the same quarter last year. As a group, equities analysts expect that Altria Group, Inc. will post 5.06 earnings per share for the current fiscal year.

    Altria Group Announces Dividend

    The company also recently announced a quarterly dividend, which will be paid on Friday, April 28th. Stockholders of record on Friday, March 24th will be issued a $0.94 dividend. This represents a $3.76 annualized dividend and a dividend yield of 8.15%. The ex-dividend date is Thursday, March 23rd. Altria Group’s dividend payout ratio is 117.87%.

    Altria Group Profile

    (Get Rating)

    Altria Group, Inc operates as a holding company, which engages in the manufacture and sale of cigarettes in the United States. It operates through the following segments: Smokeable Products, Oral tobacco products, and Wine. The Smokeable Products segment consists of cigarettes manufactured and sold by PM USA and machine-made large cigars and pipe tobacco manufactured and sold by Middleton.

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    Institutional Ownership by Quarter for Altria Group (NYSE:MO)

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  • Trinity Legacy Partners LLC Boosts Stake in PepsiCo, Inc. (NASDAQ:PEP)

    Trinity Legacy Partners LLC Boosts Stake in PepsiCo, Inc. (NASDAQ:PEP)

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    Trinity Legacy Partners LLC raised its position in PepsiCo, Inc. (NASDAQ:PEP – Get Rating) by 2.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 31,177 shares of the company’s stock after buying an additional 636 shares during the period. PepsiCo accounts for 2.2% of Trinity Legacy Partners LLC’s investment portfolio, making the stock its 13th biggest holding. Trinity Legacy Partners LLC’s holdings in PepsiCo were worth $5,632,000 at the end of the most recent quarter.

    Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. City State Bank grew its position in shares of PepsiCo by 6.5% during the 3rd quarter. City State Bank now owns 1,986 shares of the company’s stock valued at $324,000 after acquiring an additional 122 shares during the period. Hixon Zuercher LLC boosted its holdings in PepsiCo by 4.6% in the 3rd quarter. Hixon Zuercher LLC now owns 26,730 shares of the company’s stock worth $4,364,000 after buying an additional 1,168 shares during the period. Hendershot Investments Inc. boosted its holdings in PepsiCo by 1.2% in the 3rd quarter. Hendershot Investments Inc. now owns 95,130 shares of the company’s stock worth $15,531,000 after buying an additional 1,118 shares during the period. IAG Wealth Partners LLC boosted its holdings in PepsiCo by 7.4% in the 3rd quarter. IAG Wealth Partners LLC now owns 1,504 shares of the company’s stock worth $246,000 after buying an additional 104 shares during the period. Finally, Global Trust Asset Management LLC boosted its holdings in PepsiCo by 4.0% in the 3rd quarter. Global Trust Asset Management LLC now owns 7,182 shares of the company’s stock worth $1,173,000 after buying an additional 275 shares during the period. Hedge funds and other institutional investors own 70.76% of the company’s stock.

    PepsiCo Price Performance

    Shares of PepsiCo stock opened at $175.13 on Friday. The firm has a market cap of $241.20 billion, a PE ratio of 27.32, a price-to-earnings-growth ratio of 3.15 and a beta of 0.53. PepsiCo, Inc. has a 12-month low of $154.86 and a 12-month high of $186.84. The company has a quick ratio of 0.61, a current ratio of 0.80 and a debt-to-equity ratio of 2.06. The company’s fifty day simple moving average is $173.66 and its two-hundred day simple moving average is $175.78.

    PepsiCo (NASDAQ:PEP – Get Rating) last announced its earnings results on Thursday, February 9th. The company reported $1.67 earnings per share for the quarter, beating analysts’ consensus estimates of $1.64 by $0.03. The firm had revenue of $28 billion for the quarter, compared to analyst estimates of $26.82 billion. PepsiCo had a net margin of 10.31% and a return on equity of 51.34%. The company’s revenue for the quarter was up 10.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.53 EPS. As a group, equities analysts expect that PepsiCo, Inc. will post 7.23 EPS for the current year.

    PepsiCo Dividend Announcement

    The business also recently announced a quarterly dividend, which will be paid on Friday, March 31st. Stockholders of record on Friday, March 3rd will be paid a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a dividend yield of 2.63%. The ex-dividend date is Thursday, March 2nd. PepsiCo’s payout ratio is 71.76%.

    Wall Street Analysts Forecast Growth

    Several research analysts recently commented on the stock. Argus raised their price objective on shares of PepsiCo from $195.00 to $206.00 in a report on Wednesday, December 7th. Credit Suisse Group raised their price target on shares of PepsiCo from $175.00 to $182.00 and gave the company a “neutral” rating in a report on Friday, February 10th. Deutsche Bank Aktiengesellschaft raised their price target on shares of PepsiCo from $181.00 to $186.00 and gave the company a “hold” rating in a report on Tuesday, December 6th. Barclays cut their price target on shares of PepsiCo from $197.00 to $187.00 and set an “overweight” rating for the company in a report on Monday, February 13th. Finally, Wells Fargo & Company raised their price objective on shares of PepsiCo from $187.00 to $190.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 8th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $184.08.

    Insider Activity

    In related news, CEO Ramkumar Krishnan sold 16,827 shares of the business’s stock in a transaction dated Tuesday, March 7th. The shares were sold at an average price of $172.70, for a total transaction of $2,906,022.90. Following the sale, the chief executive officer now owns 49,000 shares of the company’s stock, valued at $8,462,300. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other PepsiCo news, Director Robert C. Pohlad sold 75,000 shares of PepsiCo stock in a transaction dated Thursday, March 9th. The shares were sold at an average price of $172.47, for a total value of $12,935,250.00. Following the completion of the transaction, the director now directly owns 183,929 shares of the company’s stock, valued at $31,722,234.63. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Ramkumar Krishnan sold 16,827 shares of PepsiCo stock in a transaction dated Tuesday, March 7th. The stock was sold at an average price of $172.70, for a total transaction of $2,906,022.90. Following the completion of the transaction, the chief executive officer now directly owns 49,000 shares of the company’s stock, valued at $8,462,300. The disclosure for this sale can be found here. Insiders own 0.12% of the company’s stock.

    PepsiCo Profile

    (Get Rating)

    PepsiCo, Inc engages in the manufacture, marketing, distribution, and sale of beverages, food, and snacks. It operates through the following business segments: Frito-Lay North America (FLNA), Quaker Foods North America (QFNA), PepsiCo Beverages North America (PBNA), Latin America (LatAm), Europe, Africa, Middle East, and South Asia (AMESA), and Asia Pacific, Australia and New Zealand, and China Region (APAC).

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    Institutional Ownership by Quarter for PepsiCo (NASDAQ:PEP)

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  • Centaurus Financial Inc. Raises Holdings in The Coca-Cola Company (NYSE:KO)

    Centaurus Financial Inc. Raises Holdings in The Coca-Cola Company (NYSE:KO)

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    Centaurus Financial Inc. raised its position in shares of The Coca-Cola Company (NYSE:KO – Get Rating) by 4.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,790 shares of the company’s stock after buying an additional 1,734 shares during the period. Centaurus Financial Inc.’s holdings in Coca-Cola were worth $2,397,000 as of its most recent filing with the Securities & Exchange Commission.

    Several other hedge funds and other institutional investors have also modified their holdings of KO. FMR LLC boosted its position in shares of Coca-Cola by 20.0% during the second quarter. FMR LLC now owns 99,695,103 shares of the company’s stock worth $6,271,819,000 after buying an additional 16,606,701 shares during the period. BlackRock Inc. boosted its holdings in Coca-Cola by 1.7% in the third quarter. BlackRock Inc. now owns 301,952,085 shares of the company’s stock valued at $16,915,357,000 after purchasing an additional 4,994,047 shares during the period. Capital World Investors boosted its holdings in Coca-Cola by 61.4% in the first quarter. Capital World Investors now owns 10,764,084 shares of the company’s stock valued at $667,373,000 after purchasing an additional 4,095,881 shares during the period. Renaissance Technologies LLC boosted its holdings in Coca-Cola by 141.0% in the third quarter. Renaissance Technologies LLC now owns 6,834,434 shares of the company’s stock valued at $382,865,000 after purchasing an additional 3,998,128 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in Coca-Cola by 1.1% in the third quarter. Vanguard Group Inc. now owns 363,258,425 shares of the company’s stock valued at $20,349,737,000 after purchasing an additional 3,864,004 shares during the period. 68.74% of the stock is currently owned by hedge funds and other institutional investors.

    Analysts Set New Price Targets

    A number of research analysts recently issued reports on KO shares. StockNews.com started coverage on Coca-Cola in a report on Thursday. They issued a “buy” rating for the company. JPMorgan Chase & Co. set a $67.00 target price on Coca-Cola in a report on Tuesday, February 14th. The Goldman Sachs Group raised their price target on Coca-Cola from $61.00 to $62.00 and gave the company a “neutral” rating in a research note on Monday, February 13th. Morgan Stanley raised their price target on Coca-Cola from $68.00 to $70.00 and gave the company an “overweight” rating in a research note on Wednesday, February 15th. Finally, Citigroup assumed coverage on Coca-Cola in a research note on Thursday, February 16th. They issued a “buy” rating and a $68.00 price target on the stock. Six investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $67.70.

    Coca-Cola Stock Performance

    Shares of KO stock opened at $60.43 on Thursday. The stock has a market capitalization of $261.44 billion, a PE ratio of 27.47, a price-to-earnings-growth ratio of 3.46 and a beta of 0.53. The Coca-Cola Company has a 52-week low of $54.01 and a 52-week high of $67.20. The stock’s 50-day moving average price is $60.38 and its 200 day moving average price is $60.43. The company has a quick ratio of 0.93, a current ratio of 1.15 and a debt-to-equity ratio of 1.41.

    Coca-Cola (NYSE:KO – Get Rating) last issued its quarterly earnings results on Tuesday, February 14th. The company reported $0.45 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.45. The firm had revenue of $10.10 billion for the quarter, compared to analysts’ expectations of $9.92 billion. Coca-Cola had a return on equity of 42.35% and a net margin of 22.19%. The firm’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.45 EPS. As a group, equities research analysts forecast that The Coca-Cola Company will post 2.6 EPS for the current year.

    Coca-Cola Increases Dividend

    The business also recently declared a quarterly dividend, which will be paid on Monday, April 3rd. Investors of record on Friday, March 17th will be given a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 3.04%. The ex-dividend date is Thursday, March 16th. This is a boost from Coca-Cola’s previous quarterly dividend of $0.44. Coca-Cola’s payout ratio is 80.00%.

    Insider Activity at Coca-Cola

    In other Coca-Cola news, insider Brian John Smith sold 94,200 shares of Coca-Cola stock in a transaction that occurred on Friday, December 16th. The stock was sold at an average price of $63.02, for a total value of $5,936,484.00. Following the sale, the insider now owns 116,168 shares of the company’s stock, valued at approximately $7,320,907.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Coca-Cola news, insider Brian John Smith sold 94,200 shares of Coca-Cola stock in a transaction that occurred on Friday, December 16th. The stock was sold at an average price of $63.02, for a total value of $5,936,484.00. Following the sale, the insider now owns 116,168 shares of the company’s stock, valued at approximately $7,320,907.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO James Quincey sold 34,875 shares of Coca-Cola stock in a transaction that occurred on Monday, February 13th. The shares were sold at an average price of $60.32, for a total value of $2,103,660.00. Following the completion of the sale, the chief executive officer now directly owns 351,737 shares in the company, valued at approximately $21,216,775.84. The disclosure for this sale can be found here. Insiders have sold 376,468 shares of company stock worth $23,074,307 in the last quarter. Company insiders own 0.98% of the company’s stock.

    About Coca-Cola

    (Get Rating)

    The Coca-Cola Co engages in the manufacturing and marketing of non-alcoholic beverages. It operates through the following segments: Europe, Middle East and Africa, Latin America, North America, Asia Pacific, Global Ventures, and Bottling Investments. The company was founded by Asa Griggs Candler on May 8, 1886 and is headquartered in Atlanta, GA.

    Further Reading

    Institutional Ownership by Quarter for Coca-Cola (NYSE:KO)

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