D Orazio & Associates Inc. Purchases Shares of 2,609 Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF)

D Orazio & Associates Inc. purchased a new stake in shares of Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 2,609 shares of the company's stock, valued at approximately $238,000.

Several other large investors have also recently modified their holdings of the stock. Veracity Capital LLC lifted its position in Coca Cola Femsa by 4.9% in the 1st quarter. Veracity Capital LLC now owns 9,167 shares of the company's stock valued at $837,000 after acquiring an additional 428 shares in the last quarter. NBC Securities Inc. purchased a new position in shares of Coca Cola Femsa in the first quarter worth $76,000. GAMMA Investing LLC lifted its holdings in shares of Coca Cola Femsa by 936.0% during the first quarter. GAMMA Investing LLC now owns 5,843 shares of the company's stock valued at $533,000 after purchasing an additional 5,279 shares in the last quarter. Vise Technologies Inc. lifted its holdings in shares of Coca Cola Femsa by 260.3% during the fourth quarter. Vise Technologies Inc. now owns 16,406 shares of the company's stock valued at $1,278,000 after purchasing an additional 11,853 shares in the last quarter. Finally, Vident Advisory LLC boosted its position in shares of Coca Cola Femsa by 37.1% during the fourth quarter. Vident Advisory LLC now owns 9,322 shares of the company's stock valued at $726,000 after buying an additional 2,523 shares during the last quarter.

Coca Cola Femsa Stock Performance

KOF traded down $0.86 during trading on Thursday, hitting $94.23. The company's stock had a trading volume of 229,189 shares, compared to its average volume of 197,457. The business's 50 day simple moving average is $95.13 and its 200-day simple moving average is $87.26. The firm has a market cap of $158.37 billion, a PE ratio of 15.81, a P/E/G ratio of 0.93 and a beta of 0.60. Coca Cola Femsa S.A.B. de C.V. has a one year low of $72.68 and a one year high of $101.74. The company has a quick ratio of 0.96, a current ratio of 1.21 and a debt-to-equity ratio of 0.44.

Coca Cola Femsa (NYSE:KOF - Get Free Report) last posted its quarterly earnings data on Friday, April 25th. The company reported $1.20 EPS for the quarter, topping the consensus estimate of $1.01 by $0.19. Coca Cola Femsa had a return on equity of 16.29% and a net margin of 8.38%. The firm had revenue of $3.42 billion during the quarter, compared to analyst estimates of $3.44 billion. As a group, sell-side analysts predict that Coca Cola Femsa S.A.B. de C.V. will post 5.7 EPS for the current fiscal year.

Coca Cola Femsa Increases Dividend

The business also recently declared a semi-annual dividend, which was paid on Monday, May 5th. Shareholders of record on Tuesday, April 22nd were given a $0.8839 dividend. This is a boost from Coca Cola Femsa's previous semi-annual dividend of $0.74. The ex-dividend date of this dividend was Tuesday, April 22nd. This represents a yield of 3.1%. Coca Cola Femsa's dividend payout ratio is presently 13.93%.

Analyst Upgrades and Downgrades

KOF has been the subject of a number of recent analyst reports. UBS Group boosted their target price on Coca Cola Femsa from $106.00 to $109.00 and gave the stock a "buy" rating in a research report on Monday, May 5th. Wall Street Zen cut shares of Coca Cola Femsa from a "buy" rating to a "hold" rating in a report on Friday, June 6th. JPMorgan Chase & Co. increased their price objective on shares of Coca Cola Femsa from $107.00 to $110.00 and gave the company an "overweight" rating in a research report on Friday, April 11th. Morgan Stanley upgraded Coca Cola Femsa from an "equal weight" rating to an "overweight" rating in a research note on Monday, June 2nd. Finally, Barclays upped their price objective on Coca Cola Femsa from $99.00 to $105.00 and gave the company an "overweight" rating in a research report on Tuesday, March 4th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, Coca Cola Femsa presently has a consensus rating of "Moderate Buy" and a consensus target price of $106.50.

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.