Free Trial

Archford Capital Strategies LLC Makes New $3.83 Million Investment in Coca Cola Femsa S.A.B. de C.V. $KOF

Coca Cola Femsa logo with Consumer Staples background

Key Points

  • Archford Capital Strategies LLC has made a new investment in Coca Cola Femsa S.A.B. de C.V., acquiring approximately $3.83 million worth of shares during the second quarter.
  • Coca Cola Femsa reported earnings per share (EPS) of $1.30 for the last quarter, which was below analyst expectations of $1.52, alongside a revenue of $3.74 billion that also missed estimates.
  • The company announced a quarterly dividend of $0.874 per share, representing an annualized yield of 4.1%, with a dividend payout ratio of 60.42%.
  • Five stocks to consider instead of Coca Cola Femsa.

Archford Capital Strategies LLC acquired a new position in shares of Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF - Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 39,553 shares of the company's stock, valued at approximately $3,826,000.

Several other hedge funds have also recently bought and sold shares of KOF. Wayfinding Financial LLC acquired a new position in Coca Cola Femsa during the first quarter worth $41,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Coca Cola Femsa during the fourth quarter worth $43,000. Bruce G. Allen Investments LLC acquired a new position in Coca Cola Femsa during the second quarter worth $44,000. NBC Securities Inc. acquired a new position in Coca Cola Femsa during the first quarter worth $76,000. Finally, GHP Investment Advisors Inc. acquired a new position in Coca Cola Femsa during the first quarter worth $83,000.

Coca Cola Femsa Price Performance

Shares of KOF opened at $84.34 on Monday. The company has a current ratio of 1.12, a quick ratio of 0.90 and a debt-to-equity ratio of 0.54. Coca Cola Femsa S.A.B. de C.V. has a 1 year low of $72.68 and a 1 year high of $101.74. The stock has a market cap of $141.75 billion, a P/E ratio of 14.77, a price-to-earnings-growth ratio of 1.07 and a beta of 0.64. The stock's 50-day moving average price is $84.81 and its two-hundred day moving average price is $90.68.

Coca Cola Femsa (NYSE:KOF - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The company reported $1.30 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.52 by ($0.22). Coca Cola Femsa had a return on equity of 15.81% and a net margin of 8.19%.The company had revenue of $3.74 billion for the quarter, compared to the consensus estimate of $3.89 billion. On average, equities analysts predict that Coca Cola Femsa S.A.B. de C.V. will post 5.7 earnings per share for the current year.

Coca Cola Femsa Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, July 28th. Shareholders of record on Tuesday, July 15th were issued a dividend of $0.874 per share. The ex-dividend date was Tuesday, July 15th. This represents a $3.50 dividend on an annualized basis and a yield of 4.1%. Coca Cola Femsa's dividend payout ratio (DPR) is 60.42%.

Analysts Set New Price Targets

KOF has been the subject of a number of research reports. Wall Street Zen lowered Coca Cola Femsa from a "buy" rating to a "hold" rating in a research note on Sunday, July 13th. Morgan Stanley upgraded Coca Cola Femsa from an "equal weight" rating to an "overweight" rating in a research note on Monday, June 2nd. Barclays set a $100.00 target price on Coca Cola Femsa and gave the company an "overweight" rating in a research note on Thursday, July 31st. UBS Group raised their target price on Coca Cola Femsa from $109.00 to $113.00 and gave the company a "buy" rating in a research note on Tuesday, July 8th. Finally, Zacks Research lowered Coca Cola Femsa from a "hold" rating to a "strong sell" rating in a research note on Wednesday, September 24th. Four equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $105.00.

Check Out Our Latest Research Report on Coca Cola Femsa

About Coca Cola Femsa

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding KOF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF - Free Report).

Institutional Ownership by Quarter for Coca Cola Femsa (NYSE:KOF)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Coca Cola Femsa Right Now?

Before you consider Coca Cola Femsa, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Coca Cola Femsa wasn't on the list.

While Coca Cola Femsa currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Ride The A.I. Megaboom Cover


We are about to experience the greatest A.I. boom in stock market history...

Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.

That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.

  1. The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
  2. The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
  3. Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.

Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.

And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...

Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.

Get This Free Report
Like this article? Share it with a colleague.