Vise Technologies Inc. Raises Stock Holdings in Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF)

Vise Technologies Inc. raised its holdings in Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF - Free Report) by 260.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,406 shares of the company's stock after purchasing an additional 11,853 shares during the quarter. Vise Technologies Inc.'s holdings in Coca-Cola FEMSA were worth $1,278,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Sanctuary Advisors LLC raised its stake in shares of Coca-Cola FEMSA by 17.4% in the fourth quarter. Sanctuary Advisors LLC now owns 19,587 shares of the company's stock valued at $1,562,000 after buying an additional 2,902 shares during the period. Envestnet Asset Management Inc. boosted its stake in Coca-Cola FEMSA by 1.4% during the fourth 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 period. Mirae Asset Global Investments Co. Ltd. grew its stake in Coca-Cola FEMSA by 570.2% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,953 shares of the company's stock worth $386,000 after buying an additional 4,214 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of Coca-Cola FEMSA by 46.6% during 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 in the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its holdings in shares of Coca-Cola FEMSA by 14.7% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,226,032 shares of the company's stock worth $95,496,000 after buying an additional 157,530 shares during the period.

Coca-Cola FEMSA Stock Performance

NYSE KOF traded down $0.24 during trading hours on Thursday, hitting $96.00. 78,069 shares of the company's stock traded hands, compared to its average volume of 190,209. Coca-Cola FEMSA, S.A.B. de C.V. has a 52 week low of $72.68 and a 52 week high of $101.74. The firm has a market capitalization of $161.35 billion, a P/E ratio of 16.30, a P/E/G ratio of 0.62 and a beta of 0.63. The company has a current ratio of 1.14, a quick ratio of 0.94 and a debt-to-equity ratio of 0.47. The business's fifty day moving average price is $93.72 and its two-hundred day moving average price is $85.42.

Coca-Cola FEMSA (NYSE:KOF - Get Free Report) last issued its quarterly earnings data on Friday, April 25th. The company reported $1.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.01 by $0.19. The firm had revenue of $3.42 billion during the quarter, compared to the consensus estimate of $3.44 billion. Coca-Cola FEMSA had a net margin of 8.12% and a return on equity of 15.99%. Equities research analysts predict that Coca-Cola FEMSA, S.A.B. de C.V. will post 5.7 EPS for the current year.

Coca-Cola FEMSA Increases Dividend

The business also recently announced a semi-annual dividend, which was paid on Monday, May 5th. Investors of record on Tuesday, April 22nd were paid a dividend of $0.8839 per share. This represents a yield of 3.1%. 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. Coca-Cola FEMSA's dividend payout ratio (DPR) is presently 13.76%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. UBS Group increased their price objective on Coca-Cola FEMSA from $106.00 to $109.00 and gave the stock a "buy" rating in a report on Monday, May 5th. JPMorgan Chase & Co. raised their price target on Coca-Cola FEMSA from $107.00 to $110.00 and gave the stock an "overweight" rating in a research note on Friday, April 11th. Wall Street Zen raised shares of Coca-Cola FEMSA from a "hold" rating to a "buy" rating in a research report on Saturday, May 24th. Finally, Barclays upped their price objective on shares of Coca-Cola FEMSA from $99.00 to $105.00 and gave the stock an "overweight" rating in a report on Tuesday, March 4th. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of $106.50.

Coca-Cola FEMSA 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.