Natixis Advisors LLC Has $24.51 Million Stock Holdings in Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF)

Key Points

• Natixis Advisors LLC increased its holdings in Coca Cola Femsa by 11.0%, acquiring an additional 26,634 shares, bringing its total holdings to 268,479 shares valued at approximately $24.51 million.
• Coca Cola Femsa's recent quarterly earnings report showed an EPS of $1.30, missing the consensus estimate by $0.22, with revenues of $3.74 billion compared to expectations of $3.89 billion.
• The firm declared a quarterly dividend of $0.874 per share, representing an annualized dividend of $3.50 and a yield of 4.2%.

Natixis Advisors LLC boosted its stake in Coca Cola Femsa S.A.B. de C.V. (NYSE:KOF - Free Report) by 11.0% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 268,479 shares of the company's stock after buying an additional 26,634 shares during the period. Natixis Advisors LLC's holdings in Coca Cola Femsa were worth $24,509,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. GAMMA Investing LLC grew its stake in Coca Cola Femsa by 936.0% in the 1st quarter. GAMMA Investing LLC now owns 5,843 shares of the company's stock valued at $533,000 after buying an additional 5,279 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in Coca Cola Femsa by 1.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 224,870 shares of the company's stock valued at $17,515,000 after buying an additional 3,120 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its stake in Coca Cola Femsa by 46.6% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 102,856 shares of the company's stock valued at $8,011,000 after buying an additional 32,674 shares during the last quarter. Ninety One UK Ltd acquired a new position in Coca Cola Femsa in the 1st quarter valued at about $3,979,000. Finally, Leo Wealth LLC grew its stake in Coca Cola Femsa by 26.3% in the 1st quarter. Leo Wealth LLC now owns 17,220 shares of the company's stock valued at $1,572,000 after buying an additional 3,590 shares during the last quarter.

Coca Cola Femsa Price Performance

Coca Cola Femsa stock traded up $1.25 during trading hours on Wednesday, reaching $84.15. 126,955 shares of the stock were exchanged, compared to its average volume of 221,647. The company has a market cap of $141.42 billion, a P/E ratio of 14.72, a price-to-earnings-growth ratio of 0.78 and a beta of 0.62. 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 twelve month low of $72.68 and a twelve month high of $101.74. The stock has a 50 day moving average of $92.40 and a two-hundred day moving average of $90.04.

Coca Cola Femsa (NYSE:KOF - Get Free Report) last announced its quarterly earnings data 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). The firm had revenue of $3.74 billion for the quarter, compared to analyst estimates of $3.89 billion. Coca Cola Femsa had a return on equity of 15.81% and a net margin of 8.19%. Equities analysts expect that Coca Cola Femsa S.A.B. de C.V. will post 5.7 EPS for the current fiscal year.

Coca Cola Femsa Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 28th. Shareholders of record on Tuesday, July 15th were paid a dividend of $0.874 per share. The ex-dividend date of this dividend was Tuesday, July 15th. This represents a $3.50 annualized dividend and a yield of 4.2%. Coca Cola Femsa's payout ratio is presently 60.42%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on KOF. JPMorgan Chase & Co. decreased their price target on shares of Coca Cola Femsa from $111.00 to $107.00 and set a "neutral" rating on the stock in a research note on Wednesday, July 16th. Morgan Stanley upgraded shares of 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 shares of Coca Cola Femsa and gave the stock an "overweight" rating in a research report on Thursday, July 31st. Wall Street Zen downgraded shares of Coca Cola Femsa from a "buy" rating to a "hold" rating in a research report on Sunday, July 13th. Finally, UBS Group lifted their price target on shares of Coca Cola Femsa from $109.00 to $113.00 and gave the company a "buy" rating in a research report on Tuesday, July 8th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $105.50.

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.