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Gotham Asset Management Has Cut Coca Cola Co (KO) Position By $8.54 Million; PAGNIE FINANCIERE RI (CFRUY) Shorts Increased By 20.43%

Gotham Asset Management Llc decreased Coca Cola Co (KO) stake by 97.4% reported in 2017Q2 SEC filing. Gotham Asset Management Llc sold 194,057 shares as Coca Cola Co (KO)’s stock rose 6.48%. The Gotham Asset Management Llc holds 5,188 shares with $233,000 value, down from 199,245 last quarter. Coca Cola Co now has $193.24B valuation. The stock increased 0.06% or $0.025 during the last trading session, reaching $45.355. About 5.54M shares traded. The Coca-Cola Company (NYSE:KO) has declined 0.95% since December 12, 2016 and is downtrending. It has underperformed by 17.65% the S&P500.

PAGNIE FINANCIERE RI (OTCMKTS:CFRUY) had an increase of 20.43% in short interest. CFRUY’s SI was 77,800 shares in December as released by FINRA. Its up 20.43% from 64,600 shares previously. With 228,700 avg volume, 0 days are for PAGNIE FINANCIERE RI (OTCMKTS:CFRUY)’s short sellers to cover CFRUY’s short positions. The stock decreased 0.04% or $0.0035 during the last trading session, reaching $8.8025. About 89,608 shares traded. Compagnie Financière Richemont SA (OTCMKTS:CFRUY) has 0.00% since December 12, 2016 and is . It has underperformed by 16.70% the S&P500.

Gotham Asset Management Llc increased At&T Inc (NYSE:T) stake by 457,693 shares to 613,184 valued at $23.14 million in 2017Q2. It also upped Lowes Cos Inc (NYSE:LOW) stake by 662,488 shares and now owns 711,505 shares. S&P Global Inc was raised too.

Among 21 analysts covering Coca-Cola (NYSE:KO), 10 have Buy rating, 1 Sell and 10 Hold. Therefore 48% are positive. Coca-Cola had 63 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of The Coca-Cola Company (NYSE:KO) has “Hold” rating given on Wednesday, July 26 by Susquehanna. The firm earned “Hold” rating on Monday, August 24 by Vetr. The rating was maintained by Bernstein on Tuesday, April 11 with “Buy”. The rating was maintained by RBC Capital Markets on Thursday, March 10 with “Outperform”. The firm earned “Neutral” rating on Friday, February 5 by Susquehanna. The firm earned “Buy” rating on Friday, April 28 by Credit Suisse. The rating was maintained by BMO Capital Markets on Wednesday, September 6 with “Hold”. UBS maintained the shares of KO in report on Thursday, April 21 with “Buy” rating. The firm has “Equal-Weight” rating given on Friday, December 16 by Morgan Stanley. The stock of The Coca-Cola Company (NYSE:KO) has “Buy” rating given on Wednesday, September 27 by HSBC.

Investors sentiment decreased to 0.8 in 2017 Q2. Its down 0.14, from 0.94 in 2017Q1. It worsened, as 49 investors sold KO shares while 618 reduced holdings. 123 funds opened positions while 504 raised stakes. 2.70 billion shares or 1.07% more from 2.67 billion shares in 2017Q1 were reported. California-based Wells Fargo & Mn has invested 0.26% in The Coca-Cola Company (NYSE:KO). 2.50M are held by Highfields Management Lp. Ally Financial Inc holds 1.07% or 120,000 shares. Boys Arnold has invested 0.85% of its portfolio in The Coca-Cola Company (NYSE:KO). Shell Asset Mngmt holds 883,157 shares. Cibc Asset Management reported 524,732 shares or 0.16% of all its holdings. Riverbridge Prns Llc holds 0% in The Coca-Cola Company (NYSE:KO) or 5,786 shares. Kentucky Retirement System reported 0.83% of its portfolio in The Coca-Cola Company (NYSE:KO). Pitcairn has invested 0.2% of its portfolio in The Coca-Cola Company (NYSE:KO). Susquehanna Ltd Liability Partnership holds 0.01% of its portfolio in The Coca-Cola Company (NYSE:KO) for 440,104 shares. Cap Inv Advisors Lc stated it has 0.65% in The Coca-Cola Company (NYSE:KO). Horrell Cap Mgmt stated it has 0.01% in The Coca-Cola Company (NYSE:KO). Reynders Mcveigh Capital Limited Liability Co accumulated 15,046 shares. Comerica Bankshares, a Michigan-based fund reported 1.54M shares. Crossvault Cap Mngmt Ltd owns 6,739 shares.

Analysts await The Coca-Cola Company (NYSE:KO) to report earnings on February, 8. They expect $0.38 EPS, up 2.70% or $0.01 from last year’s $0.37 per share. KO’s profit will be $1.62 billion for 29.84 P/E if the $0.38 EPS becomes a reality. After $0.50 actual EPS reported by The Coca-Cola Company for the previous quarter, Wall Street now forecasts -24.00% negative EPS growth.

Compagnie Financière Richemont SA engages in the luxury goods business in Europe, the Middle East and Africa, Asia, and the Americas. The company has market cap of $51.09 billion. It operates through Jewellery Maisons, Specialist Watchmakers, and Other divisions. It has a 25.73 P/E ratio. The firm designs, makes, and distributes jewelry products; and precision timepieces, watches, writing instruments, and accessories, as well as clothing and leather goods.

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