Coca Cola Femsa (NYSE:KOF) Stock Passes Above 200 Day Moving Average - Should You Sell?

Key Points

• Coca‑Cola FEMSA shares crossed above their 200‑day moving average (200‑day MA $96.87), trading as high as $102.53 and last at $102.25 on volume of 102,765 shares, signaling a possible technical breakout.
• Analyst sentiment is mildly positive with five Buys and four Holds, a consensus rating of "Moderate Buy" and an average price target of $113.60, after several firms raised targets (e.g., Bradesco $124, Goldman $111).
• The company raised its quarterly dividend to $1.0873 (from $1.00), implying a $4.35 annualized payout and a ~4.3% yield; the ex‑dividend date is April 20 and payment is scheduled for May 1.

Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $96.87 and traded as high as $102.53. Coca Cola Femsa shares last traded at $102.25, with a volume of 102,765 shares.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on KOF shares. Bradesco Corretora raised Coca Cola Femsa to an "outperform" rating and set a $124.00 target price on the stock in a report on Wednesday, February 11th. Barclays boosted their target price on Coca Cola Femsa from $110.00 to $112.00 and gave the stock an "equal weight" rating in a report on Tuesday, March 3rd. Wall Street Zen raised Coca Cola Femsa from a "hold" rating to a "buy" rating in a report on Saturday, February 14th. JPMorgan Chase & Co. upped their price target on Coca Cola Femsa from $100.00 to $110.00 and gave the company a "neutral" rating in a report on Thursday, April 16th. Finally, The Goldman Sachs Group upped their price target on Coca Cola Femsa from $97.00 to $111.00 and gave the company a "buy" rating in a report on Wednesday, February 11th. Five investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Coca Cola Femsa presently has an average rating of "Moderate Buy" and an average target price of $113.60.

Coca Cola Femsa Price Performance

The company has a market cap of $171.85 billion, a P/E ratio of 17.16, a PEG ratio of 1.09 and a beta of 0.54. The company has a fifty day simple moving average of $102.75 and a 200-day simple moving average of $96.87. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.12 and a quick ratio of 0.91.

Coca Cola Femsa (NYSE:KOF - Get Free Report) last posted its quarterly earnings results on Saturday, February 14th. The company reported $2.00 earnings per share (EPS) for the quarter. The company had revenue of $4.31 billion for the quarter. Coca Cola Femsa had a return on equity of 15.72% and a net margin of 8.18%. On average, sell-side analysts predict that Coca Cola Femsa S.A.B. de C.V. will post 6.84 earnings per share for the current year.

Coca Cola Femsa Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Monday, April 20th will be issued a $1.0873 dividend. This is an increase from Coca Cola Femsa's previous quarterly dividend of $1.00. This represents a $4.35 annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Monday, April 20th. Coca Cola Femsa's dividend payout ratio is currently 66.44%.

Institutional Trading of Coca Cola Femsa

Several large investors have recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its holdings in shares of Coca Cola Femsa by 87.4% in the second quarter. Bank of America Corp DE now owns 589,519 shares of the company's stock valued at $57,024,000 after purchasing an additional 274,894 shares in the last quarter. Crossmark Global Holdings Inc. purchased a new stake in shares of Coca Cola Femsa in the third quarter valued at $12,584,000. Lakewood Capital Management LP purchased a new stake in shares of Coca Cola Femsa in the third quarter valued at $10,953,000. Deutsche Bank AG lifted its holdings in shares of Coca Cola Femsa by 8,190.2% in the fourth quarter. Deutsche Bank AG now owns 117,389 shares of the company's stock valued at $11,118,000 after purchasing an additional 115,973 shares in the last quarter. Finally, Invesco Ltd. lifted its holdings in shares of Coca Cola Femsa by 34.6% in the third quarter. Invesco Ltd. now owns 301,266 shares of the company's stock valued at $25,035,000 after purchasing an additional 77,475 shares in the last quarter.

About Coca Cola Femsa

Coca‑Cola FEMSA NYSE: KOF is a large multinational beverage bottler and distributor operating primarily in Mexico and across multiple markets in Latin America. As a principal franchise bottler for The Coca‑Cola Company, the firm is responsible for producing, packaging, marketing and distributing Coca‑Cola branded beverages and a wide range of nonalcoholic drinks to retail and foodservice customers throughout its territories.

The company's product portfolio includes carbonated soft drinks, bottled water, juices, ready‑to‑drink teas and coffees, sports and energy drinks, and other noncarbonated beverages.

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