UBS Group AG Acquires 58,828 Shares of Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF)

UBS Group AG boosted its holdings in Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF – Get Rating) by 102.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 116,071 shares of the company’s stock after acquiring an additional 58,828 shares during the quarter. UBS Group AG’s holdings in Coca-Cola FEMSA were worth $7,879,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in KOF. IFP Advisors Inc lifted its position in shares of Coca-Cola FEMSA by 57.0% during the 3rd quarter. IFP Advisors Inc now owns 424 shares of the company’s stock worth $38,000 after buying an additional 154 shares in the last quarter. Signaturefd LLC lifted its position in shares of Coca-Cola FEMSA by 37.7% during the 4th quarter. Signaturefd LLC now owns 588 shares of the company’s stock worth $40,000 after buying an additional 161 shares in the last quarter. Ronald Blue Trust Inc. lifted its position in shares of Coca-Cola FEMSA by 415.8% during the 4th quarter. Ronald Blue Trust Inc. now owns 784 shares of the company’s stock worth $46,000 after buying an additional 632 shares in the last quarter. Tower Research Capital LLC TRC lifted its position in shares of Coca-Cola FEMSA by 16.4% during the 3rd quarter. Tower Research Capital LLC TRC now owns 1,820 shares of the company’s stock worth $106,000 after buying an additional 257 shares in the last quarter. Finally, Pacer Advisors Inc. bought a new position in shares of Coca-Cola FEMSA during the 4th quarter worth approximately $157,000. Institutional investors own 1.27% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on KOF. StockNews.com began coverage on shares of Coca-Cola FEMSA in a research note on Thursday, May 18th. They set a “strong-buy” rating for the company. Barclays raised their price target on shares of Coca-Cola FEMSA from $77.00 to $91.00 in a research note on Tuesday, April 18th. Finally, JPMorgan Chase & Co. raised their price target on shares of Coca-Cola FEMSA from $69.00 to $77.00 and gave the stock a “neutral” rating in a research note on Thursday, January 26th. Three investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $93.00.

Coca-Cola FEMSA Stock Down 0.5 %

Coca-Cola FEMSA stock opened at $85.26 on Thursday. Coca-Cola FEMSA, S.A.B. de C.V. has a 1-year low of $51.96 and a 1-year high of $91.23. The company has a current ratio of 1.14, a quick ratio of 0.94 and a debt-to-equity ratio of 0.56. The firm has a 50 day simple moving average of $83.49 and a 200 day simple moving average of $74.96.

Coca-Cola FEMSA (NYSE:KOF – Get Rating) last released its quarterly earnings data on Thursday, February 23rd. The company reported $1.73 earnings per share for the quarter, beating analysts’ consensus estimates of $1.10 by $0.63. The business had revenue of $3.11 billion during the quarter, compared to analyst estimates of $3.07 billion. Coca-Cola FEMSA had a net margin of 8.60% and a return on equity of 15.88%. On average, sell-side analysts expect that Coca-Cola FEMSA, S.A.B. de C.V. will post 5.05 EPS for the current fiscal year.

Coca-Cola FEMSA Dividend Announcement

The company also recently declared a — dividend, which was paid on Monday, May 15th. Stockholders of record on Tuesday, May 2nd were given a dividend of $1.6048 per share. The ex-dividend date was Monday, May 1st. This represents a dividend yield of 3.1%. Coca-Cola FEMSA’s dividend payout ratio (DPR) is currently 29.84%.

Coca-Cola FEMSA Company Profile

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Coca-Cola FEMSA SAB de CV engages in the business of producing franchise bottles of trademark beverages. It operates under the Mexico and Central America, and South America segments. The Mexico and Central America segment includes Mexico, Guatemala, Nicaragua, Costa Rica, and Panama. The South America segment focuses on Colombia, Brazil, Argentina, and Uruguay.