Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF) Given Average Recommendation of "Buy" by Analysts

Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF - Get Free Report) has received a consensus rating of "Buy" from the six brokerages that are presently covering the stock, Marketbeat reports. Six analysts have rated the stock with a buy recommendation. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $107.50.

A number of equities analysts have commented on the company. JPMorgan Chase & Co. lifted their target price on Coca Cola Femsa from $107.00 to $110.00 and gave the company an "overweight" rating in a research note on Friday, April 11th. UBS Group lifted their target price on Coca Cola Femsa from $109.00 to $113.00 and gave the stock a "buy" rating in a report on Tuesday. Wall Street Zen upgraded Coca Cola Femsa from a "hold" rating to a "buy" rating in a research report on Saturday, July 5th. Finally, Morgan Stanley raised Coca Cola Femsa from an "equal weight" rating to an "overweight" rating in a research note on Monday, June 2nd.

Coca Cola Femsa Stock Up 0.6%

NYSE KOF traded up $0.54 during trading hours on Monday, reaching $90.21. 393,444 shares of the company traded hands, compared to its average volume of 200,338. The stock has a market capitalization of $151.61 billion, a PE ratio of 15.14, a PEG ratio of 0.91 and a beta of 0.60. The company has a current ratio of 1.21, a quick ratio of 0.96 and a debt-to-equity ratio of 0.44. Coca Cola Femsa has a 12 month low of $72.68 and a 12 month high of $101.74. The company has a 50 day moving average of $94.92 and a two-hundred day moving average of $88.70.

Coca Cola Femsa (NYSE:KOF - Get Free Report) last posted its quarterly earnings results on Friday, April 25th. The company reported $1.20 EPS for the quarter, topping analysts' consensus estimates of $1.01 by $0.19. The business had revenue of $3.42 billion during the quarter, compared to the consensus estimate of $3.44 billion. Coca Cola Femsa had a return on equity of 16.29% and a net margin of 8.38%. As a group, equities analysts expect that Coca Cola Femsa will post 5.7 earnings per share for the current year.

Coca Cola Femsa Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, July 28th. Shareholders of record on Tuesday, July 15th will be issued a dividend of $0.874 per share. This represents a $3.50 dividend on an annualized basis and a yield of 3.88%. The ex-dividend date of this dividend is Tuesday, July 15th. Coca Cola Femsa's dividend payout ratio (DPR) is 13.93%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in KOF. Jones Financial Companies Lllp raised its stake in Coca Cola Femsa by 111.3% during the 4th quarter. Jones Financial Companies Lllp now owns 1,585 shares of the company's stock valued at $123,000 after purchasing an additional 835 shares during the last quarter. SBI Securities Co. Ltd. bought a new stake in shares of Coca Cola Femsa in the fourth quarter valued at about $29,000. Steward Partners Investment Advisory LLC lifted its stake in shares of Coca Cola Femsa by 1,388.9% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 402 shares of the company's stock valued at $31,000 after buying an additional 375 shares during the period. Raymond James Financial Inc. acquired a new stake in Coca Cola Femsa during the fourth quarter worth about $2,570,000. Finally, Avantax Advisory Services Inc. increased its stake in Coca Cola Femsa by 1.8% during the fourth quarter. Avantax Advisory Services Inc. now owns 11,976 shares of the company's stock valued at $933,000 after acquiring an additional 212 shares during the period.

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.