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Bragg Financial Advisors Increased Its Holding in Coca Cola Co (KO) as Stock Price Rose; As Regal Entmt Group (RGC) Valuation Declined, Coe Capital Management Lifted Holding

Bragg Financial Advisors Inc increased its stake in Coca Cola Co (KO) by 58.55% based on its latest 2017Q3 regulatory filing with the SEC. Bragg Financial Advisors Inc bought 19,822 shares as the company’s stock rose 6.48% with the market. The institutional investor held 53,676 shares of the beverages (production and distribution) company at the end of 2017Q3, valued at $2.42M, up from 33,854 at the end of the previous reported quarter. Bragg Financial Advisors Inc who had been investing in Coca Cola Co for a number of months, seems to be bullish on the $200.93 billion market cap company. The stock increased 0.60% or $0.28 during the last trading session, reaching $47.16. About 16.19 million shares traded or 53.46% up from the average. The Coca-Cola Company (NYSE:KO) has declined 0.95% since January 20, 2017 and is downtrending. It has underperformed by 17.65% the S&P500.

Mark Coe increased its stake in Regal Entmt Group (RGC) by 31.22% based on its latest 2017Q3 regulatory filing with the SEC. Coe Capital Management Llc bought 27,930 shares as the company’s stock declined 4.72% while stock markets rallied. The hedge fund run by Mark Coe held 117,395 shares of the movies and entertainment company at the end of 2017Q3, valued at $1.88M, up from 89,465 at the end of the previous reported quarter. Coe Capital Management Llc who had been investing in Regal Entmt Group for a number of months, seems to be bullish on the $3.60 billion market cap company. The stock decreased 0.04% or $0.01 during the last trading session, reaching $23. About 1.84 million shares traded. Regal Entertainment Group (NYSE:RGC) has declined 1.35% since January 20, 2017 and is downtrending. It has underperformed by 18.05% the S&P500.

Investors sentiment decreased to 0.8 in 2017 Q3. Its down 0.14, from 0.94 in 2017Q2. It dived, as 48 investors sold KO shares while 641 reduced holdings. 94 funds opened positions while 456 raised stakes. 2.73 billion shares or 0.93% more from 2.70 billion shares in 2017Q2 were reported. Round Table Services Limited Liability Company has invested 0.19% in The Coca-Cola Company (NYSE:KO). Grace & White Inc New York holds 7,066 shares. Cleararc Cap invested in 1.18% or 174,060 shares. 3.07 million are owned by Marathon Asset Mngmt Ltd Liability Partnership. Eagle Cap Mngmt Limited Liability has invested 0% of its portfolio in The Coca-Cola Company (NYSE:KO). Carnegie Cap Asset Management Ltd Liability Co accumulated 44,464 shares. Baystate Wealth Mngmt Limited Liability Corp invested in 4,927 shares. Pittenger & Anderson Inc has invested 0.13% in The Coca-Cola Company (NYSE:KO). Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Management Corporation accumulated 0.41% or 984,500 shares. Arete Wealth Ltd has invested 0.19% in The Coca-Cola Company (NYSE:KO). Sumitomo Mitsui Asset Management has 685,247 shares for 0.48% of their portfolio. Van Cleef Asset Managementinc holds 0.09% in The Coca-Cola Company (NYSE:KO) or 7,525 shares. Community Financial Bank Na invested 0.69% of its portfolio in The Coca-Cola Company (NYSE:KO). Federated Invsts Pa stated it has 2.48% of its portfolio in The Coca-Cola Company (NYSE:KO). Tirschwell Loewy Inc reported 11,385 shares stake.

Since August 7, 2017, it had 0 buys, and 6 selling transactions for $9.01 million activity. On Wednesday, August 16 the insider RIVERA ALFREDO sold $1.30M. The insider LONG ROBERT EDWARD sold $1.21M. Shares for $402,235 were sold by MANN JENNIFER K on Monday, August 7. 8,952 shares valued at $409,733 were sold by Waller Kathy N on Thursday, August 10.

Among 22 analysts covering Coca-Cola (NYSE:KO), 12 have Buy rating, 1 Sell and 9 Hold. Therefore 55% are positive. Coca-Cola had 69 analyst reports since July 21, 2015 according to SRatingsIntel. Morgan Stanley downgraded The Coca-Cola Company (NYSE:KO) on Friday, December 16 to “Equal-Weight” rating. The rating was maintained by UBS on Thursday, April 21 with “Buy”. RBC Capital Markets maintained The Coca-Cola Company (NYSE:KO) on Tuesday, August 1 with “Buy” rating. The firm has “Hold” rating by Cowen & Co given on Tuesday, August 22. The stock of The Coca-Cola Company (NYSE:KO) earned “Buy” rating by Deutsche Bank on Friday, September 25. The firm earned “Neutral” rating on Friday, September 15 by Macquarie Research. The stock of The Coca-Cola Company (NYSE:KO) earned “Equal-Weight” rating by Morgan Stanley on Thursday, October 26. The rating was downgraded by Stifel Nicolaus to “Hold” on Thursday, September 29. The rating was maintained by Stifel Nicolaus on Monday, October 23 with “Hold”. The firm earned “Hold” rating on Tuesday, December 13 by Deutsche Bank.

Bragg Financial Advisors Inc, which manages about $960.65 million and $652.54M US Long portfolio, decreased its stake in Owens & Minor Inc New (NYSE:OMI) by 34,191 shares to 83,349 shares, valued at $2.43 million in 2017Q3, according to the filing. It also reduced its holding in Darling Ingredients Inc (NYSE:DAR) by 74,180 shares in the quarter, leaving it with 85,065 shares, and cut its stake in Anixter Intl Inc (NYSE:AXE).

Coe Capital Management Llc, which manages about $649.91 million and $96.24M US Long portfolio, decreased its stake in Ringcentral Inc (NYSE:RNG) by 15,335 shares to 20,980 shares, valued at $876,000 in 2017Q3, according to the filing.

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