Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) Position Increased by United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund lifted its position in Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) by 10.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,013 shares of the company’s stock after acquiring an additional 2,103 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund’s holdings in Coca-Cola FEMSA were worth $1,715,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Robeco Institutional Asset Management B.V. boosted its stake in Coca-Cola FEMSA by 14.7% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,226,032 shares of the company’s stock worth $95,496,000 after purchasing an additional 157,530 shares during the period. Itau Unibanco Holding S.A. boosted its position in shares of Coca-Cola FEMSA by 59.8% in the third quarter. Itau Unibanco Holding S.A. now owns 813,164 shares of the company’s stock worth $68,297,000 after buying an additional 304,197 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of Coca-Cola FEMSA by 90.5% during the third quarter. JPMorgan Chase & Co. now owns 796,574 shares of the company’s stock valued at $70,672,000 after buying an additional 378,325 shares in the last quarter. First Eagle Investment Management LLC raised its position in Coca-Cola FEMSA by 2.9% during the fourth quarter. First Eagle Investment Management LLC now owns 322,963 shares of the company’s stock valued at $25,156,000 after buying an additional 9,037 shares during the period. Finally, Natixis Advisors LLC lifted its stake in Coca-Cola FEMSA by 2.0% in the 4th quarter. Natixis Advisors LLC now owns 241,845 shares of the company’s stock worth $18,837,000 after acquiring an additional 4,697 shares in the last quarter.

Coca-Cola FEMSA Trading Up 2.0 %

NYSE:KOF opened at $89.76 on Wednesday. The company has a market capitalization of $150.86 billion, a P/E ratio of 15.24, a P/E/G ratio of 0.62 and a beta of 0.79. The stock’s 50 day moving average price is $83.24 and its 200 day moving average price is $82.96. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.94 and a current ratio of 1.14. Coca-Cola FEMSA, S.A.B. de C.V. has a 52 week low of $72.68 and a 52 week high of $102.28.

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

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. StockNews.com upgraded Coca-Cola FEMSA from a “buy” rating to a “strong-buy” rating in a report on Tuesday. Barclays increased their target price on shares of Coca-Cola FEMSA from $99.00 to $105.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 4th. Six analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $104.00.

About Coca-Cola FEMSA

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.