United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Purchases 2,103 Shares of Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF)

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund increased its stake in shares of Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) by 10.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,013 shares of the company’s stock after acquiring an additional 2,103 shares during the quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund’s holdings in Coca-Cola FEMSA were worth $1,715,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. TD Private Client Wealth LLC lifted its stake in shares of Coca-Cola FEMSA by 5.0% in the fourth quarter. TD Private Client Wealth LLC now owns 3,257 shares of the company’s stock valued at $254,000 after buying an additional 155 shares during the period. Kathmere Capital Management LLC lifted its position in shares of Coca-Cola FEMSA by 3.0% in the 4th quarter. Kathmere Capital Management LLC now owns 7,003 shares of the company’s stock worth $545,000 after acquiring an additional 206 shares during the period. Avantax Advisory Services Inc. grew its holdings in shares of Coca-Cola FEMSA by 1.8% during the 4th quarter. Avantax Advisory Services Inc. now owns 11,976 shares of the company’s stock worth $933,000 after purchasing an additional 212 shares in the last quarter. Park Avenue Securities LLC increased its position in shares of Coca-Cola FEMSA by 7.1% during the fourth quarter. Park Avenue Securities LLC now owns 3,493 shares of the company’s stock valued at $272,000 after purchasing an additional 233 shares during the period. Finally, SBI Securities Co. Ltd. acquired a new position in shares of Coca-Cola FEMSA in the fourth quarter valued at $29,000.

Coca-Cola FEMSA Trading Up 2.0 %

Shares of KOF stock opened at $89.76 on Wednesday. The company has a market capitalization of $150.86 billion, a P/E ratio of 15.24, a P/E/G ratio of 0.62 and a beta of 0.79. Coca-Cola FEMSA, S.A.B. de C.V. has a 12-month low of $72.68 and a 12-month high of $102.28. The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 0.47. The firm has a 50-day moving average price of $83.24 and a 200 day moving average price of $82.96.

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

Analyst Upgrades and Downgrades

KOF has been the topic of a number of recent research reports. StockNews.com raised shares of Coca-Cola FEMSA from a “buy” rating to a “strong-buy” rating in a report on Tuesday. Barclays upped their target price on shares of Coca-Cola FEMSA from $99.00 to $105.00 and gave the company an “overweight” rating in a research note on Tuesday, March 4th. Six research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Coca-Cola FEMSA presently has an average rating of “Buy” and a consensus target price of $104.00.

Coca-Cola FEMSA Company Profile

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