Coca Cola Femsa S.A.B. de C.V. $KOF is Tweedy Browne Co LLC's 4th Largest Position

Key Points

• Tweedy Browne trimmed its stake in Coca‑Cola FEMSA by 1.5% in Q4 and now owns 1,188,746 shares worth $112,586,000, representing 9.1% of its portfolio and the stock's fourth-largest holding.
• Coca‑Cola FEMSA raised its quarterly dividend to $1.0873 (paid May 1), implying a $4.35 annualized payout and a 4.3% yield with a dividend payout ratio of 66.7%.
• Analysts hold a consensus rating of "Moderate Buy" with an average target of $114.20; recent moves include Goldman Sachs and Barclays raising targets while UBS cut its rating to Hold.

Tweedy Browne Co LLC trimmed its holdings in Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF - Free Report) by 1.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,188,746 shares of the company's stock after selling 17,582 shares during the period. Coca Cola Femsa makes up 9.1% of Tweedy Browne Co LLC's investment portfolio, making the stock its 4th biggest holding. Tweedy Browne Co LLC's holdings in Coca Cola Femsa were worth $112,586,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Caitong International Asset Management Co. Ltd grew its stake in Coca Cola Femsa by 482.5% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 332 shares of the company's stock valued at $28,000 after buying an additional 275 shares in the last quarter. Huntington National Bank purchased a new position in Coca Cola Femsa in the 3rd quarter valued at approximately $37,000. Farther Finance Advisors LLC grew its stake in Coca Cola Femsa by 490.7% in the 4th quarter. Farther Finance Advisors LLC now owns 508 shares of the company's stock valued at $48,000 after buying an additional 422 shares in the last quarter. Triumph Capital Management purchased a new position in Coca Cola Femsa in the 3rd quarter valued at approximately $49,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Coca Cola Femsa by 46.8% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 678 shares of the company's stock valued at $66,000 after buying an additional 216 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on KOF. The Goldman Sachs Group boosted their price target on shares of Coca Cola Femsa from $97.00 to $111.00 and gave the company a "buy" rating in a research report on Wednesday, February 11th. Weiss Ratings upgraded shares of Coca Cola Femsa from a "buy (b-)" rating to a "buy (b)" rating in a research report on Friday. JPMorgan Chase & Co. boosted their price target on shares of Coca Cola Femsa from $100.00 to $110.00 and gave the company a "neutral" rating in a research report on Thursday, April 16th. UBS Group lowered shares of Coca Cola Femsa from a "buy" rating to a "hold" rating in a research report on Thursday, March 12th. Finally, Barclays boosted their price target on shares of Coca Cola Femsa from $112.00 to $115.00 and gave the company an "equal weight" rating in a research report on Monday. Five investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $114.20.

Coca Cola Femsa Stock Down 0.4%

KOF opened at $101.34 on Tuesday. The company has a fifty day moving average price of $101.79 and a 200-day moving average price of $97.59. The firm has a market capitalization of $170.32 billion, a P/E ratio of 17.06, a price-to-earnings-growth ratio of 1.10 and a beta of 0.52. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.10 and a quick ratio of 0.91. Coca Cola Femsa S.A.B. de C.V. has a one year low of $80.22 and a one year high of $116.36.

Coca Cola Femsa (NYSE:KOF - Get Free Report) last announced its earnings results on Tuesday, March 31st. The company reported $1.16 earnings per share (EPS) for the quarter. Coca Cola Femsa had a net margin of 7.84% and a return on equity of 15.40%. Equities research analysts expect that Coca Cola Femsa S.A.B. de C.V. will post 6.8 earnings per share for the current fiscal year.

Coca Cola Femsa Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 1st. Investors of record on Monday, April 20th were given a $1.0873 dividend. This represents a $4.35 annualized dividend and a yield of 4.3%. This is a boost from Coca Cola Femsa's previous quarterly dividend of $1.00. The ex-dividend date was Monday, April 20th. Coca Cola Femsa's dividend payout ratio (DPR) is presently 66.67%.

Coca Cola Femsa Company Profile

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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