Coca Cola Femsa S.A.B. de C.V. $KOF Shares Sold by Robeco Institutional Asset Management B.V.

Key Points

• Robeco Institutional Asset Management cut its stake in Coca‑Cola FEMSA by 28.2% in Q4, selling 210,200 shares and ending the quarter with 535,343 shares valued at $50.7 million.
• The company raised its quarterly dividend to $1.0873 (annualized $4.35), a 4.1% yield, payable May 1 to shareholders of record on April 20, up from the prior $1.00 quarterly payout.
• Shares trade near $104.86 with a 52‑week range of $80.22–$116.36, and analysts hold a consensus rating of “Moderate Buy” with an average price target of $111.60 amid mixed individual ratings.

Robeco Institutional Asset Management B.V. decreased its holdings in shares of Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF - Free Report) by 28.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 535,343 shares of the company's stock after selling 210,200 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in Coca Cola Femsa were worth $50,702,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in KOF. Caitong International Asset Management Co. Ltd boosted its stake in shares of Coca Cola Femsa by 482.5% during the third quarter. Caitong International Asset Management Co. Ltd now owns 332 shares of the company's stock worth $28,000 after buying an additional 275 shares during the period. Huntington National Bank acquired a new stake in shares of Coca Cola Femsa during the third quarter worth about $37,000. Triumph Capital Management acquired a new stake in shares of Coca Cola Femsa during the third quarter worth about $49,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Coca Cola Femsa by 46.8% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 678 shares of the company's stock worth $66,000 after buying an additional 216 shares during the period. Finally, Signaturefd LLC boosted its stake in shares of Coca Cola Femsa by 22.7% during the fourth quarter. Signaturefd LLC now owns 708 shares of the company's stock worth $67,000 after buying an additional 131 shares during the period.

Coca Cola Femsa Price Performance

Shares of NYSE:KOF opened at $104.86 on Tuesday. The company has a quick ratio of 0.91, a current ratio of 1.12 and a debt-to-equity ratio of 0.47. The company has a market cap of $176.24 billion, a P/E ratio of 17.59, a PEG ratio of 1.12 and a beta of 0.54. Coca Cola Femsa S.A.B. de C.V. has a 52 week low of $80.22 and a 52 week high of $116.36. The company has a 50-day moving average price of $104.27 and a 200 day moving average price of $95.83.

Coca Cola Femsa (NYSE:KOF - Get Free Report) last announced its quarterly earnings data on Saturday, February 14th. The company reported $2.00 EPS for the quarter. Coca Cola Femsa had a net margin of 8.18% and a return on equity of 15.97%. The firm had revenue of $4.31 billion during the quarter. Research 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 Increases Dividend

The business also recently announced 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 represents a $4.35 dividend on an annualized basis and a yield of 4.1%. This is a boost from Coca Cola Femsa's previous quarterly dividend of $1.00. The ex-dividend date of this dividend is Monday, April 20th. Coca Cola Femsa's dividend payout ratio is 61.91%.

Wall Street Analyst Weigh In

KOF has been the subject of several recent research reports. JPMorgan Chase & Co. downgraded shares of Coca Cola Femsa from an "overweight" rating to a "neutral" rating and set a $100.00 target price for the company. in a research note on Wednesday, January 28th. Bradesco Corretora upgraded shares of Coca Cola Femsa to an "outperform" rating and set a $124.00 price objective for the company in a research report on Wednesday, February 11th. Wall Street Zen upgraded shares of Coca Cola Femsa from a "hold" rating to a "buy" rating in a research report on Saturday, February 14th. UBS Group downgraded shares of Coca Cola Femsa from a "buy" rating to a "hold" rating in a research report on Thursday, March 12th. Finally, Barclays raised their price objective on shares of Coca Cola Femsa from $110.00 to $112.00 and gave the company an "equal weight" rating in a research report on Tuesday, March 3rd. Five analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $111.60.

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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