Warren Averett Asset Management Llc decreased its stake in Coca Cola Co (KO) by 17% based on its latest 2018Q1 regulatory filing with the SEC. Warren Averett Asset Management Llc sold 9,167 shares as the company’s stock declined 3.70% with the market. The institutional investor held 44,744 shares of the beverages (production and distribution) company at the end of 2018Q1, valued at $1.94M, down from 53,911 at the end of the previous reported quarter. Warren Averett Asset Management Llc who had been investing in Coca Cola Co for a number of months, seems to be less bullish one the $185.42B market cap company. The stock increased 0.06% or $0.025 during the last trading session, reaching $43.575. About 4.75M shares traded. The Coca-Cola Company (NYSE:KO) has declined 6.63% since June 19, 2017 and is downtrending. It has underperformed by 19.20% the S&P500. Some Historical KO News: 07/05/2018 – Warren Buffett: Changing consumer habits are hitting Coca-Cola and Kraft; 26/04/2018 – Pepsi revenue tops as developing markets make up for weak N. America; 07/03/2018 – RICOH FURTHER PLANS TO SELL ITS EQUITY STAKE IN A DISTRIBUTOR FOR SOFT-DRINK MAKER COCA-COLA FOR ABOUT 56 BILLION YEN – NIKKEI; 24/04/2018 – Diet Coke revamp adds flavour to Coca-Cola results; 24/04/2018 – Coca-Cola earnings: 47 cents per share, vs 46 cents expected; 07/03/2018 – Something’s Brewing: Coca-Cola Plans Its First Alcoholic Drink; 24/04/2018 – COCA-COLA SAYS DUE TO REFORMULATIONS. PACKAGING CHANGES ABOUT 2/3 OF PORTFOLIO WILL NOT PAY U.K. SUGAR TAX; 25/04/2018 – Coca-Cola and Regal Films Program Winner “The Library” Announced at CinemaCon 2018; 24/04/2018 – Coca-Cola Sees 2018 EPS Cont Ops Up 8%-10%; 24/04/2018 – Coca-Cola’s Focus on Healthier Drinks Pays Off With Profit Beat
Shelter Mutual Insurance Co increased its stake in Nextera Energy Inc (NEE) by 22.4% based on its latest 2018Q1 regulatory filing with the SEC. Shelter Mutual Insurance Co bought 4,100 shares as the company’s stock rose 5.02% while stock markets declined. The institutional investor held 22,400 shares of the public utilities company at the end of 2018Q1, valued at $3.66 million, up from 18,300 at the end of the previous reported quarter. Shelter Mutual Insurance Co who had been investing in Nextera Energy Inc for a number of months, seems to be bullish on the $76.25B market cap company. The stock increased 0.83% or $1.33 during the last trading session, reaching $161.74. About 1.11M shares traded. NextEra Energy, Inc. (NYSE:NEE) has risen 15.44% since June 19, 2017 and is uptrending. It has outperformed by 2.87% the S&P500. Some Historical NEE News: 21/05/2018 – S&PGR Affirms NextEra Energy Rtgs On Acq Pact; Outlook Stable; 04/05/2018 – NextEra Energy and NextEra Energy Partners to meet with investors throughout May; 21/05/2018 – NEXTERA ENERGY OUTLOOK STABLE BY FITCH; 21/05/2018 – NextEra Energy To Buy Some Of Southern Co.’s Florida Assets In A Deal Valued At $6.5 Billion — MarketWatch; 22/05/2018 – NextEra Energy’s (NEE) NextEra Energy to Acquire Gulf Power, Florida City Gas and Two Natural Gas Facilities from Southern Company (Transcript); 21/05/2018 – NextEra to Buy Southern Co. Florida Utilities for $5.1 Billion; 24/05/2018 – NextEra Energy board declares quarterly dividend; 30/03/2018 – NextEra Energy and JinkoSolar announce deal for millions of solar panels; JinkoSolar to begin manufacturing solar panels in Florida; 23/03/2018 – U.S. withdraws from wind energy power line project; 02/04/2018 – NEXTERA ENERGY – EXPECT TO ACCRETIVELY REDEPLOY DEAL PROCEEDS TO BUY HIGHER-YIELDING U.S. ASSETS FROM EITHER THIRD PARTIES OR NEXTERA ENERGY RE
Warren Averett Asset Management Llc, which manages about $1.83B and $618.65 million US Long portfolio, upped its stake in Vanguard Scottsdale Fds (VCIT) by 6,496 shares to 59,804 shares, valued at $5.07M in 2018Q1, according to the filing. It also increased its holding in Ishares Tr (IEFA) by 10,551 shares in the quarter, for a total of 55,354 shares, and has risen its stake in Vanguard Tax Managed Intl Fd (VEA).
Among 22 analysts covering Coca-Cola (NYSE:KO), 13 have Buy rating, 0 Sell and 9 Hold. Therefore 59% are positive. Coca-Cola had 78 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of The Coca-Cola Company (NYSE:KO) earned “Hold” rating by Jefferies on Tuesday, June 20. The stock of The Coca-Cola Company (NYSE:KO) has “Buy” rating given on Tuesday, January 12 by Stifel Nicolaus. The firm has “Hold” rating by Cowen & Co given on Thursday, July 13. The stock has “Buy” rating by UBS on Friday, February 5. Wells Fargo upgraded the stock to “Outperform” rating in Tuesday, November 14 report. Morgan Stanley maintained the shares of KO in report on Thursday, October 26 with “Equal-Weight” rating. The stock of The Coca-Cola Company (NYSE:KO) earned “Hold” rating by BMO Capital Markets on Wednesday, September 6. Goldman Sachs maintained The Coca-Cola Company (NYSE:KO) rating on Wednesday, June 29. Goldman Sachs has “Neutral” rating and $45 target. Goldman Sachs downgraded the stock to “Sell” rating in Monday, January 9 report. Bank of America maintained The Coca-Cola Company (NYSE:KO) rating on Monday, October 9. Bank of America has “Buy” rating and $52 target.
Investors sentiment decreased to 0.69 in Q1 2018. Its down 0.22, from 0.91 in 2017Q4. It turned negative, as 74 investors sold KO shares while 684 reduced holdings. 104 funds opened positions while 416 raised stakes. 2.72 billion shares or 0.06% less from 2.73 billion shares in 2017Q4 were reported. Boston Rech And Mgmt Incorporated has invested 1.8% of its portfolio in The Coca-Cola Company (NYSE:KO). Mcmillion Mngmt has 0.77% invested in The Coca-Cola Company (NYSE:KO) for 30,202 shares. 1.24M were reported by Prudential Public Ltd. Joel Isaacson Communication Ltd Company invested in 0.17% or 22,102 shares. 22,126 are held by Ashford. Tokio Marine Asset Management Comm Ltd holds 0.39% of its portfolio in The Coca-Cola Company (NYSE:KO) for 51,077 shares. Swiss National Bank & Trust stated it has 15.01M shares. Schwab Charles Investment Inc accumulated 14.00M shares or 0.47% of the stock. Moreover, Donaldson Capital Management Limited Liability Corp has 2.2% invested in The Coca-Cola Company (NYSE:KO) for 514,081 shares. Sfmg owns 11,621 shares. 5.32 million were reported by Epoch Investment Prtnrs Inc. Birch Hill Investment Advisors Llc owns 0.29% invested in The Coca-Cola Company (NYSE:KO) for 80,109 shares. At National Bank & Trust stated it has 13,278 shares or 0.06% of all its holdings. Virginia-based Burney has invested 0.08% in The Coca-Cola Company (NYSE:KO). Moreover, Mengis Capital Mngmt has 0.91% invested in The Coca-Cola Company (NYSE:KO) for 34,928 shares.
Analysts await The Coca-Cola Company (NYSE:KO) to report earnings on July, 25. They expect $0.61 earnings per share, up 3.39% or $0.02 from last year’s $0.59 per share. KO’s profit will be $2.60B for 17.86 P/E if the $0.61 EPS becomes a reality. After $0.47 actual earnings per share reported by The Coca-Cola Company for the previous quarter, Wall Street now forecasts 29.79% EPS growth.
More notable recent The Coca-Cola Company (NYSE:KO) news were published by: Seekingalpha.com which released: “Coca-Cola launches first alcoholic drink” on May 28, 2018, also Fool.com with their article: “Better Buy: Coca-Cola vs. Philip Morris” published on June 11, 2018, Seekingalpha.com published: “The Coca-Cola Company (KO) Management Presents at Deutsche Bank Global Consumer Conference (Transcript)” on June 13, 2018. More interesting news about The Coca-Cola Company (NYSE:KO) were released by: Bizjournals.com and their article: “CHOA, Chick-fil-A make list of preferred employers in Generation Z survey” published on June 19, 2018 as well as Seekingalpha.com‘s news article titled: “Coca-Cola Has Limited Upside Potential” with publication date: May 21, 2018.
Since January 16, 2018, it had 0 insider purchases, and 5 insider sales for $6.52 million activity. 1,883 The Coca-Cola Company (NYSE:KO) shares with value of $84,735 were sold by MANN JENNIFER K. 14,129 The Coca-Cola Company (NYSE:KO) shares with value of $631,572 were sold by MURPHY JOHN. Another trade for 84,400 shares valued at $4.01 million was made by HAYS ED on Tuesday, January 23. $1.07M worth of stock was sold by Waller Kathy N on Tuesday, January 16.
More notable recent NextEra Energy, Inc. (NYSE:NEE) news were published by: Bizjournals.com which released: “5 things to know in Texas energy this week” on June 18, 2018, also Investorplace.com with their article: “3 Stocks to Buy on Weakness” published on June 19, 2018, Fool.com published: “Better Renewable Stock to Buy: NextEra Energy vs. Xcel Energy” on June 05, 2018. More interesting news about NextEra Energy, Inc. (NYSE:NEE) were released by: Seekingalpha.com and their article: “Florida Purchase Improves The Value Of NextEra” published on May 30, 2018 as well as Seekingalpha.com‘s news article titled: “FERC clears work on Mountain Valley natural gas pipeline” with publication date: June 18, 2018.
Among 16 analysts covering Nextera Energy Inc. (NYSE:NEE), 15 have Buy rating, 0 Sell and 1 Hold. Therefore 94% are positive. Nextera Energy Inc. had 45 analyst reports since August 5, 2015 according to SRatingsIntel. JP Morgan maintained NextEra Energy, Inc. (NYSE:NEE) rating on Tuesday, April 10. JP Morgan has “Overweight” rating and $170 target. Zacks upgraded the stock to “Hold” rating in Monday, August 31 report. The firm earned “Buy” rating on Sunday, September 3 by RBC Capital Markets. As per Tuesday, January 2, the company rating was maintained by Guggenheim. Guggenheim maintained NextEra Energy, Inc. (NYSE:NEE) rating on Friday, January 26. Guggenheim has “Buy” rating and $182.0 target. The firm earned “Overweight” rating on Wednesday, April 18 by KeyBanc Capital Markets. BMO Capital Markets maintained NextEra Energy, Inc. (NYSE:NEE) on Thursday, June 22 with “Buy” rating. The firm earned “Overweight” rating on Thursday, April 26 by JP Morgan. The firm earned “Overweight” rating on Thursday, March 8 by Morgan Stanley. On Friday, March 18 the stock rating was maintained by Barclays Capital with “Overweight”.