Whipplewood Advisors LLC Takes Position in Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF)

Whipplewood Advisors LLC acquired a new stake in shares of Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 901 shares of the company’s stock, valued at approximately $70,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Y Intercept Hong Kong Ltd acquired a new stake in shares of Coca-Cola FEMSA during the 4th quarter valued at $213,000. VisionPoint Advisory Group LLC lifted its holdings in shares of Coca-Cola FEMSA by 5.7% in the fourth quarter. VisionPoint Advisory Group LLC now owns 28,718 shares of the company’s stock valued at $2,233,000 after purchasing an additional 1,556 shares in the last quarter. Sanctuary Advisors LLC lifted its holdings 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 purchasing an additional 2,902 shares in the last quarter. Americana Partners LLC lifted its holdings in shares of Coca-Cola FEMSA by 23.6% in the fourth quarter. Americana Partners LLC now owns 5,131 shares of the company’s stock valued at $400,000 after purchasing an additional 981 shares in the last quarter. Finally, Kestra Private Wealth Services LLC lifted its holdings in shares of Coca-Cola FEMSA by 15.9% in the fourth quarter. Kestra Private Wealth Services LLC now owns 8,517 shares of the company’s stock valued at $663,000 after purchasing an additional 1,170 shares in the last quarter.

Coca-Cola FEMSA Trading Up 0.6 %

NYSE KOF opened at $89.41 on Friday. Coca-Cola FEMSA, S.A.B. de C.V. has a 1-year low of $72.68 and a 1-year high of $102.28. 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 company has a market capitalization of $150.27 billion, a PE ratio of 15.18, a price-to-earnings-growth ratio of 0.62 and a beta of 0.83. The firm’s fifty day simple moving average is $79.61 and its 200-day simple moving average is $82.97.

Coca-Cola FEMSA (NYSE:KOF) last posted its quarterly earnings results on Friday, February 21st. The company reported $1.73 earnings per share for the quarter, topping analysts’ consensus estimates of $1.51 by $0.22. Coca-Cola FEMSA had a net margin of 8.12% and a return on equity of 15.99%. The business had revenue of $3.76 billion for the quarter, compared to the consensus estimate of $3.49 billion. As a group, sell-side analysts anticipate that Coca-Cola FEMSA, S.A.B. de C.V. will post 5.7 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Coca-Cola FEMSA from a “buy” rating to a “strong-buy” rating in a report on Tuesday, November 5th. Six analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $104.75.

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.