The Coca-Cola Co Can’t Burn Your Long Portfolio. Option Traders are Bullish

 The Coca Cola Co Can't Burn Your Long Portfolio. Option Traders are Bullish

In today’s session The Coca-Cola Co (KO) registered an unusually high (3,116) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious KO increase. With 3,116 contracts traded and 161284 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: KO170120C00042000 closed last at: $1.03 or 7.2% down. About 3.59M shares traded hands. The Coca-Cola Co (NYSE:KO) has declined 8.05% since March 15, 2016 and is downtrending. It has underperformed by 13.53% the S&P500.

Analysts await The Coca-Cola Co (NYSE:KO) to report earnings on October, 19. They expect $0.49 EPS, down 3.92% or $0.02 from last year’s $0.51 per share. KO’s profit will be $2.11 billion for 21.41 P/E if the $0.49 EPS becomes a reality. After $0.60 actual EPS reported by The Coca-Cola Co for the previous quarter, Wall Street now forecasts -18.33% negative EPS growth.

The Coca-Cola Co (NYSE:KO) Ratings Coverage

Out of 11 analysts covering Coca-Cola (NYSE:KO), 5 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 45% are positive. Coca-Cola has been the topic of 20 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The company was initiated on Friday, September 16 by Credit Suisse. The stock has “Buy” rating given by Vetr on Friday, August 28. The stock of The Coca-Cola Co (NYSE:KO) earned “Buy” rating by Stifel Nicolaus on Tuesday, January 12. The company was upgraded on Friday, February 5 by UBS. As per Thursday, April 21, the company rating was maintained by Citigroup. The stock has “Hold” rating given by Vetr on Monday, August 31. The stock of The Coca-Cola Co (NYSE:KO) earned “Outperform” rating by RBC Capital Markets on Thursday, March 10. On Friday, August 7 the stock rating was reinitiated by Barclays Capital with “Equal Weight”. Susquehanna upgraded The Coca-Cola Co (NYSE:KO) on Friday, February 5 to “Neutral” rating. The stock of The Coca-Cola Co (NYSE:KO) has “Hold” rating given on Monday, August 24 by Vetr.

According to Zacks Investment Research, “The Coca-Cola Company is the world’s largest beverage company and is the leading producer and marketer of soft drinks. Along with Coca-Cola, recognized as the world’s best-known brand, The Coca-Cola Company markets four of the world’s top five soft drink brands, including diet Coke, Fanta and Sprite. Through the world’s largest distribution system, consumers in nearly 200 countries enjoy The Coca-Cola Company’s products at a rate of more than 1 billion servings each day.”

Insitutional Activity: The institutional sentiment increased to 0.85 in Q2 2016. Its up 0.01, from 0.84 in 2016Q1. The ratio is positive, as 65 funds sold all The Coca-Cola Co shares owned while 625 reduced positions. 74 funds bought stakes while 513 increased positions. They now own 2.72 billion shares or 2.58% less from 2.79 billion shares in 2016Q1.
Alta Cap Mngmt Limited Liability Company accumulated 0.01% or 4,687 shares. Moreover, Rwwm has 10.27% invested in The Coca-Cola Co (NYSE:KO) for 555,048 shares. Columbia Asset Mngmt has invested 1.34% of its portfolio in The Coca-Cola Co (NYSE:KO). Osborne Cap Ltd Liability Company has 0.84% invested in the company for 124,513 shares. S&Co Inc accumulated 6,635 shares or 0.05% of the stock. First Interstate National Bank has invested 0.38% of its portfolio in The Coca-Cola Co (NYSE:KO). Ancora Advsr Limited Liability Co last reported 0.62% of its portfolio in the stock. Janus Capital Mngmt Ltd Liability reported 13.41 million shares or 0.52% of all its holdings. Lawson Kroeker Investment Management Incorporated Ne holds 21,910 shares or 0.33% of its portfolio. Morgan Stanley has invested 0.36% of its portfolio in The Coca-Cola Co (NYSE:KO). Altavista Wealth Management has invested 0.16% of its portfolio in The Coca-Cola Co (NYSE:KO). Bronson Point Management Ltd holds 90,000 shares or 1.37% of its portfolio. Rbf Cap Limited Liability Co holds 1.08% of its portfolio in The Coca-Cola Co (NYSE:KO) for 120,100 shares. Blackrock Inv Ltd Llc holds 11.72M shares or 0.67% of its portfolio. Diversified Invest Strategies Limited holds 1.58% of its portfolio in The Coca-Cola Co (NYSE:KO) for 34,568 shares.

Insider Transactions: Since April 25, 2016, the stock had 0 insider buys, and 2 sales for $3.46 million net activity. SMITH BRIAN JOHN had sold 50,000 shares worth $2.22 million. MARK LARRY M had sold 28,000 shares worth $1.25M.

The Coca-Cola Company is a beverage company. The company has a market cap of $180.84 billion. The Firm owns or licenses and markets over 500 nonalcoholic beverage brands, primarily sparkling beverages but also a range of still beverages, such as waters, enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, and energy and sports drinks. It has a 24.16 P/E ratio. The Company’s divisions include Eurasia and Africa, Europe, Latin America, North America, Asia Pacific, Bottling Investments and Corporate.

KO Company Profile

The Coca-Cola Company, incorporated on September 5, 1919, is a beverage company. The Firm owns or licenses and markets over 500 nonalcoholic beverage brands, primarily sparkling beverages but also a range of still beverages, such as waters, enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, and energy and sports drinks. The Company’s divisions include Eurasia and Africa, Europe, Latin America, North America, Asia Pacific, Bottling Investments and Corporate. The Firm owns and markets a range of nonalcoholic sparkling beverage brands, including Coca-Cola, Diet Coke, Fanta and Sprite. The Firm markets, makes and sells beverage concentrates, which are referred to as beverage bases, and syrups, including fountain syrups (concentrate business or concentrate operations), and finished sparkling and still beverages (finished product business or finished product operations). The Firm makes its beverage products available to clients across the world through its network of Company-owned or -controlled bottling and distribution operations, as well as independent bottling partners, distributors, wholesalers and retailers.

More important recent The Coca-Cola Co (NYSE:KO) news were published by: Seekingalpha.com which released: “Coca-Cola Co./Pepsico Inc.: Two Dividend Income, Defensive Companies – Should …” on October 18, 2016, also Marketwatch.com published article titled: “Hacked emails show how Coca-Cola fights the ‘soda tax’ at local and global levels”, Fool.com published: “Better Buy: The Walt Disney Company vs. The Coca-Cola Company” on October 03, 2016. More interesting news about The Coca-Cola Co (NYSE:KO) was released by: Investorplace.com and their article: “Why The Coca-Cola Co Should Still Be In Your Portfolio (KO)” with publication date: September 23, 2016.

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