Is Buying Stock Like The Coca-Cola Co Good Idea After Today’s Bullish Options Activity?

 Is Buying Stock Like The Coca Cola Co Good Idea After Today's Bullish Options Activity?

In today’s session The Coca-Cola Co (KO) registered an unusually high (503) 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 503 contracts traded and 94004 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: KO170120C00035000 closed last at: $6.25 or 3.8% down. About 8.86 million shares traded hands. The Coca-Cola Co (NYSE:KO) has declined 7.11% since April 25, 2016 and is downtrending. It has underperformed by 13.13% the S&P500.

Analysts await The Coca-Cola Co (NYSE:KO) to report earnings on February, 14. They expect $0.37 earnings per share, down 2.63% or $0.01 from last year’s $0.38 per share. KO’s profit will be $1.61 billion for 28.18 P/E if the $0.37 EPS becomes a reality. After $0.49 actual earnings per share reported by The Coca-Cola Co for the previous quarter, Wall Street now forecasts -24.49% 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 rating was maintained by Goldman Sachs on Wednesday, June 29 with “Neutral”. The company was maintained on Thursday, April 21 by UBS. The stock of The Coca-Cola Co (NYSE:KO) has “Hold” rating given on Monday, August 31 by Vetr. On Friday, August 28 the stock rating was downgraded by Vetr to “Buy”. As per Thursday, April 21, the company rating was maintained by Goldman Sachs. The company was maintained on Tuesday, March 15 by Susquehanna. The firm earned “Equal Weight” rating on Friday, August 7 by Barclays Capital. The stock of The Coca-Cola Co (NYSE:KO) earned “Neutral” rating by Susquehanna on Friday, February 5. On Thursday, October 22 the stock rating was maintained by UBS with “Buy”. The rating was maintained by RBC Capital Markets on Thursday, March 10 with “Outperform”.

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 0.88 in Q2 2016. Its up 0.03, from 0.85 in 2016Q1. The ratio improved, 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.
Aqr Mgmt Limited Company has 3.53 million shares for 0.28% of their US portfolio. Windsor Capital Mngmt Limited has 0.73% invested in the company for 27,537 shares. Quantitative Investment Limited Liability Company last reported 0.58% of its portfolio in the stock. Financial Prns Capital Ltd Liability accumulated 9,950 shares or 0.12% of the stock. Wellington Mgmt Limited Liability Partnership owns 62.86 million shares or 0.74% of their US portfolio. Atlanta Cap Mngmt L L C has invested 0.46% of its portfolio in The Coca-Cola Co (NYSE:KO). Fisher Asset Limited Liability Co has invested 0.89% of its portfolio in The Coca-Cola Co (NYSE:KO). Hourglass Lc, a Texas-based fund reported 14,100 shares. Utd Savings Bank Inc last reported 0.79% of its portfolio in the stock. Livingston Gru Asset Mgmt (Operating As Southport Capital Management) owns 42,290 shares or 1.07% of their US portfolio. Usa Fincl Portformulas Corp holds 309,871 shares or 3.85% of its portfolio. Thompson Davis And Co reported 622 shares or 0.04% of all its holdings. Petrus Lta has 1.01% invested in the company for 98,418 shares. Cornercap Investment Counsel Incorporated has invested 0.09% of its portfolio in The Coca-Cola Co (NYSE:KO). Deutsche Natl Bank Ag, a Germany-based fund reported 18.50M shares.

Insider Transactions: Since November 3, 2016, the stock had 0 insider purchases, and 2 selling transactions for $1.90 million net activity. Goepelt Bernhard also sold $373,370 worth of The Coca-Cola Co (NYSE:KO) shares. Waller Kathy N had sold 36,342 shares worth $1.53M.

The Coca-Cola Company is a beverage company. The company has a market cap of $181.69 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 25.31 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 news for The Coca-Cola Co (NYSE:KO) were recently published by: Fool.com, which released: “The Coca-Cola Co v2.0: Smaller Company, Bigger Brand Portfolio” on July 27, 2016. Investorplace.com‘s article titled: “The Coca-Cola Co (KO) Debuts Coke Ginger” and published on October 31, 2016 is yet another important article.

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