Coca-Cola hit by $3.6bn tax charge as 2017 revenues shrink

Traditional Coca Cola sales rose 2.6 per cent while Coke Zero sales soared by more than 22 per cent

Traditional Coca Cola sales rose 2.6 per cent while Coke Zero sales soared by more than 22 per centPAUL ROGERS THE TIMES

It has underperformed by 16.70% the S&P500. Capital World Investors owns $940.11 million in Coca-Cola European Partners plc, which represents roughly 4.93% of the company's market cap and approximately 17.17% of the institutional ownership. The firm provides free and paid business listing services to businesses, as well as enables businesses to deliver targeted search advertising to large local audiences through its Website and mobile application. The Coca-Cola had a return on equity of 36.21% and a net margin of 12.20%. The company has market cap of 9.03 billion GBP. It has a 18.79 P/E ratio. It markets and sells its products under the Coca-Cola, Coca-Cola Light, Coca-Cola Zero, Fanta, Sprite, Amita, Avra, Deep RiverRock, Fruice brand names; and iced tea, and sports and energy drinks under the Nestea and Monster brand names, as well as distributes third-party products, such as beer and premium spirits.

Investors sentiment decreased to 0.77 in Q3 2017. Its down 2.00, from 3 in 2017Q2. King Luther Capital Management Corp now owns 2,407,488 shares of the company's stock valued at $108,361,000 after buying an additional 86,420 shares in the last quarter. 101 funds opened positions while 417 raised stakes. Bancorp Of The Ozarks invested in 1.62% or 61,357 shares.

Coca-Cola is expanding its venture model beyond the USA and has already started looking for investment candidates in Central and Eastern Europe, the company said. Lombard Odier Asset Management (Europe) owns 0.12% invested in The Coca-Cola Company (NYSE:KO) for 45,235 shares. Nottingham Advsr Incorporated invested in 0.03% or 4,512 shares. Inc. had 79 analyst reports since August 13, 2015 according to SRatingsIntel.

Among 13 analysts covering GW Pharmaceuticals (NASDAQ:GWPH), 11 have Buy rating, 1 Sell and 1 Hold. Therefore 55% are positive.

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Several analysts have commented on the company. Tirschwell Loewy reported 0.08% stake. Finally, Deutsche Bank AG cut Coca-Cola European Partners PLC from a buy rating to a hold rating in a report on Thursday, July 20th. Evaluating stocks to buy and sell can be a tricky business, even with all of the data available at your fingertips. More interesting news about The Coca-Cola Company (NYSE:KO) were released by: Cnbc.com and their article: "Pepsi sees "opportunity to innovate" with new challenge to Coca-Cola" published on February 09, 2018 as well as Investorplace.com's news article titled: "3 Reasons to Be Bullish on Coca-Cola Co Stock" with publication date: January 05, 2018. Evercore upgraded the stock to "Outperform" rating in Friday, January 12 report. The firm has "Overweight" rating given on Monday, September 21 by JP Morgan. It also increased its holding in Molson Coors Brewing Co (NYSE:TAP) by 7,155 shares in the quarter, for a total of 135,580 shares, and has risen its stake in Verifone Sys Inc (NYSE:PAY). Virginia Retirement Sys Et Al reported 222,700 shares. Moreover, Prescott General Partners Llc has 8.66% invested in the company for 3.85 million shares. Iberiabank invested 0.76% in The Coca-Cola Company (NYSE:KO). About 3.62M shares traded.

Ratings analysis reveals 40% of NiSource's analysts are positive. Two analysts have rated the stock with a sell rating, fourteen have issued a hold rating and eleven have given a buy rating to the company's stock. The lowest target is $37.0 while the high is $49.0.

The Coca-Cola Company (KO)'s RSI (Relative strength index) is at 41.33, its ATR (Average True Range) value is 0.84, while its Beta factor was calculated at 0.76. YELP was included in 9 notes of analysts from September 14, 2016. The stock has "Neutral" rating by Jefferies on Wednesday, April 19. The rating was maintained by RBC Capital Markets with "Buy" on Friday, October 6. The stock of The TJX Companies, Inc. The stock has "Outperform" rating by Evercore on Friday, January 12.

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